They're going to get exactly what they deserve. The tyranny of the majority shoved right back in their faces. It's just a shame that the West guys will get caught in the crossfire.
I recently heard that over here on the Xjt crj side we are scrapping the absolute bottom of the barrel. DUI and/or convictions are not a problem- in fact the lack of quality has sparked a conversation regarding ATP's being of "good moral character". There is also the problem of flying into Canada.
Freeturd, most of your fleet is uneconomical, especially with high oil prices. Then mainline carriers are getting more "100 seaters", like DL getting 717s and AA getting A319s. Your part of the industry is shrinking, giving you very little leverage. Btw, Vietnam is requesting your paperwork for a Twin Otter FO job connecting Con Dao, Dong Hoi, and Da Nang. Go for it sport!
Bye Bye---General Lee
No, it's just an acknowledgment that sometimes a settlement wastes less money and resources than a trial, even if you were to win the trial. You know this.
A five figure settlement is a payoff to avoid the expense and hassle factor of a trial. This was a strong eight figure settlement. 10 years of salary for all of ALPA's lawyers doesn't equate to the payoff here.
A five-figure settlement is a nuisance settlement in a small case. This wasn't a small case. This was a case that had the potential for a bad jury to award a truly heinous number. You never know what idiots on a jury are going to do (hence the original verdict). And although appeals would certainly fix a ridiculous number from a jury verdict, the problem with that is that in order to file an appeal, you have to put up as a bond the cash for the original verdict. So if a jury awarded $300 million, and you wanted to appeal it, you and your insurers and re-insurers would have to put together $300 million to post as bond with the court to be held in escrow until the appeal is completed.
So, when faced with that sort of situation, you start to weigh the pros and cons of a settlement. When the other side is insisting upon crazy numbers in the 100s of millions, it's not worth it to settle, because even the settlement will be difficult to fund. But when it starts to get down to manageable numbers, you have to take a real hard look at it to see if the risk of a bad jury is big enough to make the settlement worthwhile. That's all that happened here.