Any October 7 Court Updates?

[USFlyer]

Any updates from today's hearings?

 

[BoeingBoy]

Not that I've seen. First on the agenda was the IAM's motion do deny interim relief or postpone the hearing. Don't know if that's still going on or over.

Jim

ps - in granting the motion for the hearing, the court made it IAM-1, company-0

 

[usairways_vote_NO]

Not that I've seen. First on the agenda was the IAM's motion do deny interim relief or postpone the hearing. Don't know if that's still going on or over.

Jim

[post="188874"][/post]​

Dow Jones reports Court oks USAirways plan for pension payments

 

[BoeingBoy]

Thanks - I assume that was for the pre-petition obligations.

Jim

 

[usairways_vote_NO]

Thanks - I assume that was for the pre-petition obligations.

Jim

[post="188876"][/post]​

A federal judge said in a hearing Thursday that Usairways Group could make pension plan contributions due Oct 15 and Jan 15 2005.

Juge Mitchell also said during the hearing he wouldn't rule immediately on the airlines plan to seperate payments for its employees before and after it filed for Chapter 11.

Mitchell said legal issues related to pension obligations before and after the airlines Sept 12 Chap 11 filing were too complex to rule on immediately.

US Airways has two 14.5 million installment payments due in Oct and Jan on pension plans for its machinists and flight attendants.


I wrote that word for word but the first line seems wrong shouldn't that be "could not" ?

 

[BoeingBoy]

The Sept 15 payment was for pre-petition obligations. Not sure about the Oct 15 and Jan 15.

At first blush, this sounds like the first day motions on this subject - the company can pay post-petition pay/benefit obligations - with a ruling on the rest to come later.

Jim

 

[usairways_vote_NO]

YAHOO NEWS

US Air seeks court-imposed cuts in wages, benefits
Thu Oct 7, 2004 04:42 PM ET
ALEXANDRIA, Va., Oct 7 (Reuters) - Bankrupt US Airways Group Inc. (UAIRQ.OB: Quote, Profile, Research) sought court-imposed wage and benefit cuts from its union contracts on Thursday to save money and survive, while the judge in the case said he wants the airline to remain in business....

 

[zonecontroller]

The Judge Said:"I want to do what's right, I want to do what's fair, I want to see this airline survive," the judge said.

I want to do what's right
I want to do what's fair
I want to see this airline survive

I think were about to get the Shaft here!!!

(unless)

Do you supose that the Judge is going to give UAIR some money to get us out of this Hole. LOL

No, the Shaft it is...........

 

[USFlyer]

I interpret that statement to mean this: Management and the unions should come to terms on long term agreements so the judge doesn't have to get involved. But, he will if either party drags its feet or doesn't negotiate in good faith.

 

[robbedagain]

I interpret that statement to mean this: Management and the unions should come to terms on long term agreements so the judge doesn't have to get involved. But, he will if either party drags its feet or doesn't negotiate in good faith.

[post="188904"][/post]​

we all know how usair's mgmt loves to drag their feet and most certainly doesnt negotiate in good faith as we have seen! i guess the judge will intervene in this since we have a useless mgmt team!

 

[USFlyer]

we all know how usair's mgmt loves to drag their feet and most certainly doesnt negotiate in good faith as we have seen! i guess the judge will intervene in this since we have a useless mgmt team!

[post="188914"][/post]​

Well, the IAM hasn't exactly been open to even talking with management, much less negotiating.

 

[700UW]

Why would the IAM talk with the company when they company tried to steal thing from the contract that they could not negotiate?

And go ask the CWA and the AFA about how interested the company was in really negotiating.

 

[ClueByFour]

Well, the IAM hasn't exactly been open to even talking with management, much less negotiating.

[post="188918"][/post]​

I think you can blame that squarely on the Airbus HMV fiasco. Can you, in light of the fact that US told the IAM in negotiations and pubically stated that they did not want to outsource heavy MX and then proceeded to unilaterally do it anyway, blame them?

 

[D M G]

Well, the IAM hasn't exactly been open to even talking with management, much less negotiating.

[post="188918"][/post]​

The company hasn't negotiated in good faith with the CWA, but that's OK right? The company would have treated the IAM FSA the same as the CWA, so why bother.

 

[firstamendment]

WOW, It's October 7th and the sky didn't fall.