Spirt filed for Chapter 11 again
#31
Gets Weekends Off
Joined: Dec 2012
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https://www.law.cornell.edu/uscode/text/11/1113
https://www.newson6.com/story/5e364f...abor-contracts
https://teamster.org/wp-content/uploads/2018/12/012612HostessSection1113.pdf
It’s all very clear. I’m sorry you don’t understand. The CBA is voided by the judge if the company demonstrates they negotiated in good faith for concessions and the union did not agree to reasonable requests that the company has shown to be necessary.
https://www.newson6.com/story/5e364f...abor-contracts
https://teamster.org/wp-content/uploads/2018/12/012612HostessSection1113.pdf
It’s all very clear. I’m sorry you don’t understand. The CBA is voided by the judge if the company demonstrates they negotiated in good faith for concessions and the union did not agree to reasonable requests that the company has shown to be necessary.
It’s likely a judge would reject management trying to impose some sort of draconian agreement. It’s difficult to do much with work rules. Most are Hard to quantify in a short period of time. Usually it’s pay rate, retirement and sick. Easy to show the math and management doesn’t want pilots using all their sick before leaving. Makes staffing difficult to predict.
#32
Line Holder
Joined: Jul 2008
Posts: 905
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Has 1113 ever been actioned in US airline history?
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
#33
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Joined: Mar 2023
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#34
Gets Weekends Off
Joined: Sep 2015
Posts: 5,514
Likes: 185
From: UNA
Has 1113 ever been actioned in US airline history?
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
#35
Gets Weekends Off
Joined: Dec 2019
Posts: 2,245
Likes: 99
AA had significant money in the bank. They eventually exited bankruptcy with regular stockholders keeping their equity. The whole thing was laughable
#36
Gets Weekend Reserve
Joined: Jul 2007
Posts: 4,257
Likes: 238
From: B737CA
Has 1113 ever been actioned in US airline history?
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
If my memory serves me, it was an obscure scenario and had nothing to do with labor.
Emergency relief (1113) just isn’t used to abrogate labor deals in normal bankruptcy proceedings. The company would need to demonstrate that they will fail without this relief.
#37
if memory serves you are correct about them “trying” to do it. Don’t think they were ever successful though. AA mgmt shenanigans are why APA started talking to USairways mgmt
AA had significant money in the bank. They eventually exited bankruptcy with regular stockholders keeping their equity. The whole thing was laughable
AA had significant money in the bank. They eventually exited bankruptcy with regular stockholders keeping their equity. The whole thing was laughable
#38
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