New Us Airways Creditor Agreement

I stuck this comment in a thread somewhere when I got back from my last trip. It is appropriate to your subtitle - depends on interim wage cuts. I'll go my earlier comment one better...

$5 to anybody who can quote the requirement for wage cuts (interim or permanent) in the new ATSB agreement.

Having been through the proposed agreement twice, I can honestly say that I don't anticipate having to pay out a single red cent.

Of course, what the company shills will say is that U can't meet the requirements of the new agreement without pay cuts. That may or may not be the case since all the company has is forecasts based on a set of assumptions.

The agreement with the ATSB is already in place - with no pay cuts. All that's left is for the judge to approve it.

As for meeting the requirements in this agreement - that is something only time will reveal. Whether there are paycuts or how big the paycuts are.

Jim
 
I saw an article earlier in the week which, I believe, quoted Lakefield as saying that it specifically DID NOT require the paycuts. Wish I had the article to post, but I don't. It may have bben from the Philly Inquirer.
 
uvn,

Here's the link you requested:

Proposed Order

This proposed order contains the agreement. If you want the whole docket, which includes the company's motion for the judge to approve the agreement , the proposed order, and a comparison of the interim (the one thru Oct 15) and final (the new agreement) orders it's here:

Docket #419

Happy reading....

Jim
 
And your reasoning for hammering this tired statement over and over and over and over and over and over?

A320Pilot, you are a broken record. WE GET IT!!! :down: :down: :down: :down:
 
firstamendment said:
A320Pilot, you are a broken record. WE GET IT!!! :down: :down: :down: :down:
[post="190797"][/post]​

First,
Don't let him get to you, man! Try the Ignore feature... it's been known to cure hypertension, gastric esophogeal reflux and, best of all, keeps the @$$holes from stinking up your monitor :lol:
 
USA320Pilot is WRONG AGAIN! At least he's consistent! If there's one thing I've learned, whatever he says, believe the opposite!
 

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