UAL777flyer
Veteran
- Aug 20, 2002
- 730
- 0
Chip,
In this case, I don't see how the MEC could get away with ratifying the T/A in lieu of a full membership vote. This proposal has serious implications for everyone and therefore I feel union members are entitled to vote on it.
However, my opinion is that the unions were simply unable to figure out what each group's contribution would be. I think that was the reason for the delays. So they threw their proposal at Senior Mgmt and figured negotiation would iron that part out. But as everyone knows, time is not on UA's side. Although I'll admit no details have come out yet, I'm becoming more pessimistic that this union coalition plan will fall within the framework of what is truly necessary to avoid a bankruptcy filing. However, I'll reserve final judgement until the details come out. There are rumors that the proposal will include another low-cost short-haul operation with pre-Contract 2K wage rates for all, to be flown throughout the domestic system to remain competitive.
Avek,
Considering the circumstances, I highly doubt the unions view their proposal as their final, take it or leave it offer. They are fully aware of all that they stand to lose should UA file for Chapter 11. Goodbye BOD seats, goodbye ESOP equity, goodbye thousands of jobs. The list goes on and on. I think it was unrealistic to expect them to come back with a proposal that exactly matched what the company wanted. While time is indeed short, you have to expect that there will be further negotiating to hammer out the final deal.
In this case, I don't see how the MEC could get away with ratifying the T/A in lieu of a full membership vote. This proposal has serious implications for everyone and therefore I feel union members are entitled to vote on it.
However, my opinion is that the unions were simply unable to figure out what each group's contribution would be. I think that was the reason for the delays. So they threw their proposal at Senior Mgmt and figured negotiation would iron that part out. But as everyone knows, time is not on UA's side. Although I'll admit no details have come out yet, I'm becoming more pessimistic that this union coalition plan will fall within the framework of what is truly necessary to avoid a bankruptcy filing. However, I'll reserve final judgement until the details come out. There are rumors that the proposal will include another low-cost short-haul operation with pre-Contract 2K wage rates for all, to be flown throughout the domestic system to remain competitive.
Avek,
Considering the circumstances, I highly doubt the unions view their proposal as their final, take it or leave it offer. They are fully aware of all that they stand to lose should UA file for Chapter 11. Goodbye BOD seats, goodbye ESOP equity, goodbye thousands of jobs. The list goes on and on. I think it was unrealistic to expect them to come back with a proposal that exactly matched what the company wanted. While time is indeed short, you have to expect that there will be further negotiating to hammer out the final deal.