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CaptianBoomer said:All (especially 767Jetz)
When the elder Bush was President, he had a chance to PEB the EAL labor dispute. He chose to ignore what was happening and EAL folded. Why would the situation be different now?
The mechs said no to a TA. UAL has two choices. Allow more negotiations or impose a contract. If they walk, UAL shuts the doors. (ala EAL) If they keep talking, then a negotiated settlement might be in the cards. However, the longer UAL bleeds money, the longer they stay in BK, the less likely there will be exit financing.
Even if the union wins here, they may lose. Fact is, they will lose no matter what at this point.
I wouldn't bet on Bush Jr. appointing the PEB. Believe me when I tell you there are idiots in government who would love to see an airline go under because the moron analysts keep talking about how that would be just what the Dr. ordered for the industry.
Before anyone gets the wrong idea, I think all this airline stuff is pure madness. I think the management at half the US major carriers are all crooks. The only sane airline management is at LUV, JBLU, FRNT, CAL, and ALK. The rest are all bozos looking to line their retirement accounts with your retirement accounts.
Boomer
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I dont know. Lets remember that Bush hit the mechs at UAL with a PEB back in 2002.
The industry was not doing so good then but who would have picked up the slack if UAL had ceased operation back then?
Lets also not forget despite all the analysts claims that the govt blocked the UAL/USAIR deal a few years back.
In 2001 I attended a IRRA conference in DC where the Bush representative pretty much laid out the governments agenda. More flights, cheaper fares, high wages had to go. The guys name was Badillo, and they were pretty clear as to the objective.
While USAIR could easily cease operations I think that a UAL shutdown would have more of an impact.