The Current Negotiating Environment
10-06-2015 | 11:08 AM
#91
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From: A320 Cap
I think that's a bit simplistic. Going Ch11 just because we are in tougher economic times and they want to nullify a pilot contract isn't reasonable. In the history of LUAL we have had 1 Ch11 filing and it took 9/11 to make it happen. In my opinion the threat of negotiating during a recession 2 years from now is much stronger than the risk of going Ch11 within 4. There are a LOT of very rich people and corporations with a LOT of influence who are very invested in making sure we don't go that route. Just think how obsessed with the stock price SmallStack was! Now imagine if the threat was for the stock to go to zero.
10-06-2015 | 12:16 PM
#92
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From: B-777 left
I think that's a bit simplistic. Going Ch11 just because we are in tougher economic times and they want to nullify a pilot contract isn't reasonable. In the history of LUAL we have had 1 Ch11 filing and it took 9/11 to make it happen. In my opinion the threat of negotiating during a recession 2 years from now is much stronger than the risk of going Ch11 within 4. There are a LOT of very rich people and corporations with a LOT of influence who are very invested in making sure we don't go that route. Just think how obsessed with the stock price SmallStack was! Now imagine if the threat was for the stock to go to zero.
10-06-2015 | 12:46 PM
#93
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From: A320 Cap
Agree to an extent. Things were definitely headed south before 9/11, but would we have actually filed Ch11 without it? Tough to say, but based on the number of carriers that filed Ch11 after 9/11 vs any other time in history, I tend to doubt it. We didn't file in 2008/2009 during a MAJOR recession
10-06-2015 | 04:06 PM
#94
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UAL,
This isn't a knock on you but I'm surprised how many posters (current, not prospective United pilots) get their info from this forum. Wouldn't they have the ability to go on the ualpilots forum to gain the information?
ST
This isn't a knock on you but I'm surprised how many posters (current, not prospective United pilots) get their info from this forum. Wouldn't they have the ability to go on the ualpilots forum to gain the information?
ST
10-06-2015 | 10:55 PM
#95
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Each board takes on its own character. Believe it or not, this board is quite civil compared to that board. That board is good for gleaning factual data but it seems like "discussions" of any kind often devolve into acrimony against fellow pilots that's just surprising. It's odd that this, an anonymous board whose anonymity usual leads to more attack tactic interchanges, is actually much less that way. I've seen some pretty wild things said on this board, including by me, but it generally to gets centered back out after a few posts. Similar exchanges over there are all accerator no brake, an uncontrolled PIO, and not for the faint of heart. IMO.
Last edited by APC225; 10-06-2015 at 11:08 PM.
10-07-2015 | 05:53 AM
#96
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Joined: May 2015
Posts: 1,200
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From: 777 CA
APC225 summed it. I like the fact that many of our own union volunteers are there and you can get quick factual information (albiet often with a heavy does of sarcasm) with references. Many posts still spiral into an SLI debate or the mutual hatred of SCABs or management but if you can sift through the BS you can glean a lot of good info.
10-07-2015 | 06:06 AM
#97
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10-07-2015 | 06:40 AM
#98
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From: A320 Cap
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