Poahi
Well-known member
- Joined
- Nov 19, 2005
- Posts
- 3,766
Let me add another contract fact that I have learned at a previous airline.
113C. code of bankruptcy.
So many people at Mesa don't seem to embrace this basic concept. You know, after thinking about it, I think the company wants this TA because it means the union agreeing to PBS. That's the gem they are looking for. It saves quite a bit.
Once they get PBS, it would be easier to simply go through an 1113(c) maneuver and remove the line guaranty and the block or better provisions (which wouldn't amount to much under PBS anyway) and impose whatever they need to exact the damage they seek.
Essentially, the pilots are negotiating against themselves in this contract and they don't even know it. It's a brilliant move by management. We'll see who falls for it.
I mean come on - if anyone thinks during this 'concessionary environment' a company like Mesa wants to negotiate a new contract ahead of the RLA roadmap to make the pilots happy or because it makes it easier to obtain some kind of interim financing to avoid a bankruptcy - you are going to be very disappointed next year. This contract will neither make or break Mesa and likewise, it will neither prevent nor induce a bankruptcy filing. Those events are going to happen because of the decisions made by management years ago.
A contract that at least meets 'middle of the road' parity with the other regionals is the only one worth supporting and this one doesn't even seriously address pay issues.