----------------
On 4/9/2003 7:58:29 AM RV4 wrote:
FINALLY,
Proof that BK is NOT worse than we are being asked to volunteer!
----------------
No, it''s only proof that
UNITED''S non-mechanic IAM agreement reached while in the bankruptcy process is not worse than you (the American mechanics) are being asked to volunteer prior to AMR entering Chapter 11 procedures! How can you consider this agreement indicative of what will happen to your union if AMR files for Chapter 11 protection given the following differences:
1.) Different union (IAM vs. TWU).
2.) Different craft (ramp, public contact, etc., vs. mechanic).
3.) Different airline financial characteristics.
4.) Different bankruptcy court (Chicago vs. New York).
5.) Different bankruptcy court judge.
In the end, your mechanics union (TWU)
might achieve a better result than the United IAM non-mechanic agreement if AMR enters Chapter 11 bankruptcy procedures. But it also might not. Nobody knows at this point. But given the differences noted above, IMHO the United agreement is simply not a good indicator of how well the TWU will fare in bankruptcy court.