This is going to be unpopular, but...
We have done this to ourselves.
Here's part of the bill
"(B) The financial condition of the air carrier and its ability to incur changes in labor costs while continuing to maintain its competitive market position, pay its debts, meet its other contractual obligations, provide job security and equivalent treatment for all of its employees, and return a reasonable profit, consistent with historic margins and rates of return, for its shareholders."
Unions (including ALPA) in this country have gotten to the point where their primary concern is not the long term financial viability of a company. Rather, it's a greed that holds companies hostage under the threat of a devastating strike.
Kit Darby even admitted as much at an Air Inc conference, "Unions try to get as much as they can in the good times, give back as little as possible in the bad times."
Does ALPA (or the mechanics' union, or the FA union) even consider this provision "B" above in contract negotations? With all the major carriers in the toilet and losing billions, I think not.
Bankruptcy happened at US Air...and it's a real possibility at UAL.
What the heck are ALPA and the other employee unions thinking? AMR (non-ALPA, but still...) lost almost 1 billion last quarter (924,000,000 to be exact). And all the unions say is "its managment's fault."
DAL/UAL got their contracts at the tail end of the last economic boom. Did ALPA and the other employee unions give any thought as to how the company was supposed to pay their bills during an economic slowdown?
Obviously not...we'll just sacrifice the bottom 20% or so of the seniority list, send the company to near bankruptcy, toss thousands of the company's employees on the street, to "preserve the profession."
Greed defined in the dictionary-- "an excessive desire to acquire or possess, as wealth or power, beyond what one needs or deserves."
Much like the long shore workers, when we strike, it can have a devastating effect on the economy.
And what do what do we strike for?
1. To make $25,000/month instead of $22,000/month, while only working 12 days or so a month.
2. Work rules that say if my vacation touches a trip, I'm displaced with no loss in pay. (I know guys at UAL who make over $20,000/ month a couple times year to not work at all, by bidding vacation that touches their trips.)
3. To have a double company fundedretirement plan? Why do we need a guaranteed A benefit funded by the company after we retire, and then a "B" benefit, funded by the company? Maybe it's becasue ALPA doesn't really care about the financially viability of the company...so they need a B fund just in case. With the money we make, shouldn't we be responsible for some of our own retirement?
ALPA is no longer "defending the poor, tired, over tasked laborer against the capitalist industrialists."
Most of us work less than half the month, at a job that's just not that tough, and our wages and benefits are better than just about any industry in America.
By being greedy, we have brought this on ourselves.