Quote:
We have our basic protections in Section 1. Then there are paragraphs for AF/KLM/AZ, the Virgins, Pacific flying, and the global stuff. These aren't perfect deals but they generally give us some sort of upside participation.Originally Posted by gloopy
If you're surrendering because you don't think we have no leverage then fine. But their table positions are absolutely disgusting. If that's how poor our Section 1 is, then fine, that's on us, and it means we need far better lawyers on our end. It may be something that has to be taken all the way through mediation, perhaps even including a temporary PEB.
What is the difference between today and when those deals were negotiated? Why can't we duplicate some sort of upside participation? What's the missing element we need now in order to protect our future careers?