hockeypilot44
Well-known member
- Joined
- Feb 26, 2005
- Posts
- 893
I care because East management used Pension Termination as means of saving an airline which is now industry practice. If you can't connect the dots than I apologize.
Pawn the chairs, smoke detectors, uniforms, and tugs, but dont play bingo with guys retirements.
If all things were equal they would have been shut down after 9/11 and then perhaps the DAL guys would still have their retirements.
East management illegally terminated a pension that was more than 80 percent funded. They blatantly stole and hid money from the pilots' pension. As this was going on, the Delta pilots and all of the other ALPA brethren laughed at the US Airways' pilots because it was not them. The pilot pension did not save US Airways. Had ALPA shut down all of the airlines when the US Airways' pilot pension was threatened, US Airways would still be here as well as everyone's pensions. The money from the pension went to TPG, not to the airline. We are dumb f*cking pilots who are abused by management. Don't kid yourself thinking differently.