jester
"And you would be wrong... if that was the case, then the various BK courts through the several airline bankruptcies wouldn't have told management to go back to the negotiation table and hammer out something both side could accept. There was a requirment of "good faith" to be demonstrated by management. I am not going to tell you that there weren't some large cuts in pay, but frankly, I have absolutely no doubt whatsoever that if Management could have voided the CBAs and slash pay in half, they would have done so in a heart beat, thus employees were given a much higher priority than most creditors."
first let me say that I won't run to the mods on you .. But I take OFFENSE to you trying to tell us what happened and what didn't happen in BK>. Guess what pal YOU weren't there. SO your opinion on that is strictly that.. And the fact that you want to argue facts about something you WERE NOT apart of is very insulting.. So why don't you stick to your how great SW is and leave
OUR HISTORY books alone.....
Oh waaaa... going to run to the moderators because I suggest that employees are given a higher priority to claims in bankruptcy court than typical creditors??? Man-up!
I gave two examples for which employees were given higher priorities: 1) outstanding employees' health care expenses (self-insured company, in this case), 2) employees' debt relief when the now worthless stock they were required to purchase as condition of employment and the company still demands payment for an outstanding loan (America West Airlines).
We can argue how much priority or sympathy the contract union employees were given in bankruptcy, but if you compare those contracts to typical aircraft lease contracts, the company could have just told the aircraft leasers to take a hike along with their planes without any negotiations. I don't recall that being told to any of the US Airways employee groups, do you? It never happened, because I am sure that Management would have loved to void all their CBA's, re-hired most people back, but at half pay, if you didn't like it then turn in your badge. REALITY CHECK: It didn't happen, did it? You might not view it as preferential treatment because it wasn't so overt as the preferred treatment was within the legal frame work in the post- Frank Lozenzo era, but you were given protections and priorities that other contract parties did not have.
By the way, for those who claim there were no negotiations between the IAM and Management during bankruptcy, but was only a court ordered abrogation of fleet service's CBA: "(U.S. Bankruptcy Court Judge Stephen) Mitchell asserted that the IAM never engaged in serious negotiations with the company, instead offering only 'trial balloons.'"
http://www.post-gazette.com/pg/05007/438525-28.stm . Perhaps we are splitting hairs on whether further continued negotiations were ordered, but given the many months of futility to negotiate something both sides could agree, it appears Mitchell would have viewed it as a waste of time.
So Ruminates Jester.