View Poll Results: Will the court approve the ch11 exit plan?
Yes. The bond holder’s support makes all the difference



62
48.06%
No. The execs even stated they have serious doubts about this plan even working



67
51.94%
Voters: 129. You may not vote on this poll
Will this judge approve NK’s exit plan
#61
Line Holder
Joined: Dec 2016
Posts: 755
Likes: 14
If F9 and NK merge the new company needs the JCBA more than the pilots. There isn't a single F9 pilot I know that would agree to calling past-due contracts at places like Allegiant and Sun Country as our peer groups. Any concessions given away by NK won't be agreed to by the F9 group working under a 6+ year old CBA for a company that claims they are making (about to make) double digit margins.
#64
Management will do what management do best…lie, manage expectations and eventually hanging everyone dry while they go out and use their golden parachute.
#65
Prime Minister/Moderator

Joined: Jan 2006
Posts: 45,120
Likes: 796
From: Engines Turn or People Swim
Irrelevant.
If F9 and NK merge the new company needs the JCBA more than the pilots. There isn't a single F9 pilot I know that would agree to calling past-due contracts at places like Allegiant and Sun Country as our peer groups. Any concessions given away by NK won't be agreed to by the F9 group working under a 6+ year old CBA for a company that claims they are making (about to make) double digit margins.
If F9 and NK merge the new company needs the JCBA more than the pilots. There isn't a single F9 pilot I know that would agree to calling past-due contracts at places like Allegiant and Sun Country as our peer groups. Any concessions given away by NK won't be agreed to by the F9 group working under a 6+ year old CBA for a company that claims they are making (about to make) double digit margins.
But I'm talking about mgt trying to lower the entry argument going into JCBA, by slashing the NK CBA, just to give you all a steeper hill to climb.
This could be significant: does either NK or F9 have an arbitration clause for JCBA? It would be in the scope language.
But all speculation aside, I too think it would be a bad idea for management to go after the CBA... retirements don't lie, the legacies will be hiring and massice retention/recruiting challenges won't help their restructure plans. I'm only even talking about it because Solo Han entered the chat. But they might be there for other work groups, who are mostly just commodites in the general job market with forklift drivers, Denny's waitresses, fast food techs, etc.
#68
Banned
Joined: Dec 2024
Posts: 5
Likes: 0
#69
Banned
Joined: Jul 2023
Posts: 633
Likes: 32
It’ll all work itself out for you in the end. Nervousness causes stress, which leads to a lack of sleep; resulting in an untimely death. Nobody wants that for you.
#70
Banned
Joined: Dec 2024
Posts: 5
Likes: 0
Hitting a nerve? Read the first post. It mentions the word Niave which was in no way pointed at you. It'll be great when to have the last laugh. Oh wait, I was just nervous. dont mind me. You're going to be fine and I'll be dead.
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