T2...The relocation of the 767/757 fleet engineering back to the west coast helped perpetuate this rumor. Also, IAM entities have not helped but fueled this rumor with comments to the same effect. USAir did not offer any job security and in fact even told it's employee groups layoffs were ahead, but offered flight benefits for 3 months just to get more votes on the concessions for those that knew they were on the way out. I don't think any airline at this juncture could even begin to make no layoff statements. They will get what they need, one way or another. If United represents 17% of the total air travel market, and there has been a 16% fall off in total air travel since Sept 11th, then basically one major carrier could disappear and the current supply and demand would essentially stabilize. Without being a pessimist, I can’t really see how UAL doesn’t file BK. In today’s environment, it may actually be the surest way to survive all of this believe it or not. But then again, this is not a very experienced opinion in these matters.
The real distinction is between those who adapt their purposes to reality and those who seek to mold reality in the light of their purposes.
Henry Kissinger (1923 - )