Truth hurts. Consider yourself "outed".
Here are a couple of interesting articles for you TWO to read.
Chew on this for awhile.
Northwest warns it could file bankruptcy
Lisa Zagaroli
Detroit News
Jun. 8, 2005 12:00 AM
WASHINGTON - The head of Northwest Airlines told lawmakers Tuesday that the carrier might have to file for bankruptcy and turn its pension plan over to the government if Congress doesn't make changes in the way airlines are required to fund their retirement benefits.
"The current funding rules are too volatile, unpredictable, inflexible and expensive for our company to survive and compete in the modern, deregulated airline industry that demands that we deliver service to our customers at competitive prices," Douglas Steenland, president and chief executive officer of Northwest, said in written testimony submitted to the Senate Finance Committee.
Defined benefit plans - or traditional pension plans funded by employers - are no longer a feasible benefit to offer workers "for an industry that is as competitive and as vulnerable to forces, ranging from terrorism to international oil prices, that are largely beyond its control, as the airline industry," he said.
Given that, he said Northwest might have to follow United Airlines' and US Airways' path of filing for bankruptcy and applying to terminate their retirement plans if Congress doesn't enact specific legislative changes in the way benefit plans are funded.
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AP
June 7, 2005
Northwest Recruiting Replacement Attendants
By THE ASSOCIATED PRESS
Filed at 10:54 a.m. ET
MINNEAPOLIS (AP) -- Northwest Airlines Corp. is recruiting replacement flight attendants in case of a labor dispute or strike, even as negotiations with its flight attendants' union continue.
A job listing on Monster.com encourages candidates to apply by June 12 for a training program to become a certified flight attendant with the airline. The job description, placed by recruitment firm Spherion Corp., says people ''who successfully complete the Flight Attendant training may be offered employment in the event of a labor dispute or strike.''
Bob Krabbe, an official with the Professional Flight Attendants Association, said Monday that Northwest is engaging in a campaign of ''intimidation and fear'' by recruiting replacement flight attendants.
''What perplexes PFAA is that the company wants us to bargain with them, wants us to have trust in them, yet they are making secret contingency plans to train thousands of flight attendants,'' he said.
Northwest, which is negotiating contracts with three of its four largest unions, is demanding $1.1 billion in annual labor savings. Meanwhile, a steady stream of stock sales by Northwest Chairman Gary Wilson has some employees worried that the airline is preparing to file for bankruptcy if it doesn't get what it sees as timely relief from its labor costs.
Northwest, in a statement, defended the recruitment of replacement workers.
''Northwest is aware of significant strike planning activity under way at several of its unions,'' the airline said Monday. ''If one of its unions chooses to strike the carrier or engage in job actions with the intent of causing disruption at some point in the future, Northwest must be prepared to protect its operations.''
Here are a couple of interesting articles for you TWO to read.
Chew on this for awhile.Northwest warns it could file bankruptcy
Lisa Zagaroli
Detroit News
Jun. 8, 2005 12:00 AM
WASHINGTON - The head of Northwest Airlines told lawmakers Tuesday that the carrier might have to file for bankruptcy and turn its pension plan over to the government if Congress doesn't make changes in the way airlines are required to fund their retirement benefits.
"The current funding rules are too volatile, unpredictable, inflexible and expensive for our company to survive and compete in the modern, deregulated airline industry that demands that we deliver service to our customers at competitive prices," Douglas Steenland, president and chief executive officer of Northwest, said in written testimony submitted to the Senate Finance Committee.
Defined benefit plans - or traditional pension plans funded by employers - are no longer a feasible benefit to offer workers "for an industry that is as competitive and as vulnerable to forces, ranging from terrorism to international oil prices, that are largely beyond its control, as the airline industry," he said.
Given that, he said Northwest might have to follow United Airlines' and US Airways' path of filing for bankruptcy and applying to terminate their retirement plans if Congress doesn't enact specific legislative changes in the way benefit plans are funded.
_________________________
--------------------------------------------------------------------------------
AP
June 7, 2005
Northwest Recruiting Replacement Attendants
By THE ASSOCIATED PRESS
Filed at 10:54 a.m. ET
MINNEAPOLIS (AP) -- Northwest Airlines Corp. is recruiting replacement flight attendants in case of a labor dispute or strike, even as negotiations with its flight attendants' union continue.
A job listing on Monster.com encourages candidates to apply by June 12 for a training program to become a certified flight attendant with the airline. The job description, placed by recruitment firm Spherion Corp., says people ''who successfully complete the Flight Attendant training may be offered employment in the event of a labor dispute or strike.''
Bob Krabbe, an official with the Professional Flight Attendants Association, said Monday that Northwest is engaging in a campaign of ''intimidation and fear'' by recruiting replacement flight attendants.
''What perplexes PFAA is that the company wants us to bargain with them, wants us to have trust in them, yet they are making secret contingency plans to train thousands of flight attendants,'' he said.
Northwest, which is negotiating contracts with three of its four largest unions, is demanding $1.1 billion in annual labor savings. Meanwhile, a steady stream of stock sales by Northwest Chairman Gary Wilson has some employees worried that the airline is preparing to file for bankruptcy if it doesn't get what it sees as timely relief from its labor costs.
Northwest, in a statement, defended the recruitment of replacement workers.
''Northwest is aware of significant strike planning activity under way at several of its unions,'' the airline said Monday. ''If one of its unions chooses to strike the carrier or engage in job actions with the intent of causing disruption at some point in the future, Northwest must be prepared to protect its operations.''
Maybe you can show the little made up awards to the passengers on the canoes as you paddle them across the pacific after the planes are repo'ed. That will show Northwest what service is all about. 
In your delusional desparte dreams. Defensive...nope. But you sure do sound tragic. Raving about a pathtic company that should have been shut down a year ago. You sound like one of the suckers that will work for free. Better hope you can keep those ragged interiors flying. Heard money was tight. Repo men like to get their aircraft back in shape. I am sure many on here would rather be at United winning their first little award in 25 years (while stealing money and services from Vendors) rather than with Northwest paying good wages, ordering new planes, STILL paying their bills (even though their competitors sluts around in BANKRUPTCY) bragging about how superior their "interiors" are. Get real. You need a reality check.
