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Old October 25th, 2004, 06:15 AM
nobody
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Cyrus Afzali wrote:
Wrong as usual. Bankruptcy is in no way a given if enough concessions
are reached. Look at US Air. Pilots there, seeing the writing on the
wall, decided it was better to keep negotiating when they still had an
opportunity to influence the eventual outcome. Once a carrier's in
bankruptcy, the ability of any one group to make a huge impact is
much, much less.



Yet, the negotiations of before bankrupcy did not ensure whatever contract
would survive and US Air is a good exmaple since pilots agreed to a even newer
contract with more pay cuts last week (inside bankrupcy).

And even inside bankrupcy, it isn't a given. Look at United. United now wanst
more concessions from employees.