Sometimes I wonder if UA is aiming for Chapter 11 so they can redo their contracts.

Think about it if you're the CEO. Do you want to do 5+ years of meritocracy before things will turn around or nose dive in and be in/out of Chapter 11 in 1.5 years and be doing well within 2.5 years?

This is the very problem with the bankruptcy laws in this country!! You should not be allowed to file chapter 11 for the purpose of shredding labor contracts and cheapening labor!!! This is exactly what American did! They had 6billion in cash reserves when they filed! In my opinion it's one of the most unethical things that they do and seems to be the only play in the whole play book that they try!

Um, they changed that law. It went into effect 30 days after DAL declared bankruptcy in order to dump their pensions. 2006? 2007?

Um I guess American didn't get the memo cause they did the same exact thing!

You've never been through IAD, have you?