labbats
Zulu who?
- Joined
- May 25, 2003
- Posts
- 2,593
I'm not the brightest bulb on the tree, so I was looking to this board to help me understand something.
United is trying to exit bankruptcy through dumping its pensions. Wouldn't it be better for all involved for them to simply go under? I'm not saying this with malice, but even those who may lose their jobs would be better off if they still had a pension to begin with, and other airlines wouldn't see this as a loophole they could use to boost profits. Simply put, wouldn't it be a better overall answer for United to simply fold rather than set a precedent of pension raiding to overcome bankruptcy? People would lose their seniority and jobs, yes, and that is terrible, but the other option is everyone else in this industry losing their promised retirement.
United is trying to exit bankruptcy through dumping its pensions. Wouldn't it be better for all involved for them to simply go under? I'm not saying this with malice, but even those who may lose their jobs would be better off if they still had a pension to begin with, and other airlines wouldn't see this as a loophole they could use to boost profits. Simply put, wouldn't it be a better overall answer for United to simply fold rather than set a precedent of pension raiding to overcome bankruptcy? People would lose their seniority and jobs, yes, and that is terrible, but the other option is everyone else in this industry losing their promised retirement.