G4G5--The "Boeing Deal" was not the land of milk and honey. As it was explained to me (I actually heard about it about 6 hours before the AA deal broke from an 890--that's "check airman" to AA'ers.) "everyone will have to take a hit". Meaning a pay hit.
The goal was to 1.) get Icahn off the property and 2.) get the IAM (specifically the rampers) to change their workrules.
I personally was in no mood to take a pay cut just to entice the rampers to get rid of their onerous workrules.
Six hours later, I got the phone call at 2 am announcing the AA deal. Again, the Boeing Deal would have been a 'scorched earth' plan to get rid of the two impediments to TWA's turnaround--Icahn and the IAM. TC
TC,
Most AA pilots only hear the, we should have went with the Boeing deal part. Everyone seems to leave out the "scorched earth" part or the reduced "by 1/3" part.
I was always under the ASSumption that it was a deal to keep TWA intact (100%), with no reduction in size.
Thanks,
PB