Midwest to File Ch.11 by end of week...

[eightdriver]

This is the latest info that AFA has heard been passing along to the girls. ALPA hasn't commented, but I don't think they will be surprised. 8

 

[FlyWolf]

Agree. They always wanted to get rid of our contract and the only way to do that is through the BK court.

 

[Fubijaakr]

I think DAL was the last Chapter 11 to be able to abrogate their contracts in BK court. The laws were changed and DAL filed just prior to the execution date.

So, I don't believe they can unilaterally abrogate your contract now. But, I'm not a lawyer and I didn't stay at a Holiday Inn last night either...

 

[FlyWolf]

With this management group anything is possible, one of my buddies think they might even ask the court to furlough the md80 guys to save on training cost, I didn't think they can do that, can they??

 

[CitationLover]

sure they can. we grieve it, takes awhile to hear the grievance, by then they have made a decision on fleet replacement or shutdown and have saved the money.

usually bankruptcy filings are filed over a weekend to maintain a lower news presence.

all i know is if they file, it is a PUBLIC admittance of FAILURE on the part of Tim Hoeksema. HE is the LEADER, HE is the one who f@#$ed it up!

 

[eightdriver]

He will just point the finger at the pilot group saying "I took a 40% paycut, but the pilots weren't willing to work with us" We will be to blame, you watch... 8

 

[deadstick]

HE is the LEADER, HE is the one who f@#$ed it up!

I wouldn't give him the honor of calling him a "leader." How about "person playing boss?"

He will just point the finger at the pilot group saying "I took a 40% paycut, but the pilots weren't willing to work with us" We will be to blame, you watch... 8

Why do you think they announced the Skyway shutdown almost 3 months early? They wanted out and figured everybody would leave. "It wasn't our fault. Those crews didn't care about the customers and left."

Best of luck folks!

 

[greenbayfan]

all i know is if they file, it is a PUBLIC admittance of FAILURE on the part of Tim Hoeksema. HE is the LEADER, HE is the one who f@#$ed it up!

Yeah I am sure he will feel like a real failure with all those millions of dollars in his bank account...I know I'd feel awful with all that money...

 

[FlyWolf]

At least we are finally getting some press time, and they don't like it.

 

[FlyWolf]

Yeah I am sure he will feel like a real failure with all those millions of dollars in his bank account...I know I'd feel awful with all that money...

Dude, feel free to get lost... you never have anything useful to say, you and that kharma dude from Airtran must be a joy to fly with.

 

[FlyWolf]

all i know is if they file, it is a PUBLIC admittance of FAILURE on the part of Tim Hoeksema. HE is the LEADER, HE is the one who f@#$ed it up!

CL, I am sure they will be able to put a spin on that too.

 

[CitationLover]

He will just point the finger at the pilot group saying "I took a 40% paycut, but the pilots weren't willing to work with us" We will be to blame, you watch... 8

his paycut isn't EFFECTIVE until 7/15, he has NOT taken a paycut yet. and even so, one week of a paycut helps oh so much.

 

[CitationLover]

Yeah I am sure he will feel like a real failure with all those millions of dollars in his bank account...I know I'd feel awful with all that money...

no but executives all have one thing in common: large egos. his standing within the milwaukee boys club will take a hit.

and in terms of airline executives with money in the bank, hoeksema is in the rear. he is not a title contender like steven wolf ($2 million from republic, $45+ million from united, and $10 million from us airways).

 

[JumpersAway]

It will be interesting to see how Obama handles the situation and how, or if, he addresses the airline industry if this happens. I was happy to see he was on a chartered MidEx aircraft, so he could get an "in your face" perspective of what is going on here, not one from a private jet from NetJets......

 

[deadstick]

his paycut isn't EFFECTIVE until 7/15, he has NOT taken a paycut yet. and even so, one week of a paycut helps oh so much.

If they file Ch11 on July 14, does he still have to take the paycut?

 

[jravi8tor]

If they file Ch11 on July 14, does he still have to take the paycut?

Wouldn't it be nice if our pilot group encouraged the bankruptcy judge to "VOID" Hoeksema' contract as well and force him to work for cookie crumbs and soiled diapers left over by the youngster on our flights because that about all he's worth.

One can can dream, Right?

 

[deadstick]

Wouldn't it be nice if our pilot group encouraged the bankruptcy judge to "VOID" Hoeksema' contract as well and force him to work for cookie crumbs and soiled diapers left over by the youngster on our flights because that about all he's worth.

One can can dream, Right?

That would be sweet, but they still need a fall-guy.

Maybe they could cancel the cookie contract? That would really hurt his bottom line! Are there any cookie makers in Utah that could make them for less than Mrs. Tim?

 

[jravi8tor]

That would be sweet, but they still need a fall-guy.

Maybe they could cancel the cookie contract? That would really hurt his bottom line! Are there any cookie makers in Utah that could make them for less than Mrs. Tim?

Our Fall-Guy, we bring in Sean "Diddy" Combs and advertise like Burger King, except we charge realistic fares and the slogan will be "Fly the BEST CARE IN THE AIR, my Midwest, cause Diddy says so...." Shoot, if it works for BK, why not us?

 

[jmreii]

I do not know what to tell you, as someone who has a degree in business/finance, the passenger airlines in the U.S. have more then a few problems. if the price of oil drop to seventy dollars tomorrow that would buy some time, but not very much for this nations airlines to get their act together. "this is one industry that has many problems with very few solutions and absolutely no time to fix it". what I can say is good luck to you.

 

[Morning Wood]

Agree. They always wanted to get rid of our contract and the only way to do that is through the BK court.

I'm not sure how they could pay you less than what they want you take with the cuts.