sherpa
Well-Known Member
The company
- There is a liquidity crisis. we need cash infused. We only have one possible lender. Delta
- Delta will not talk to us about new cash or what exact mark they need costs to be. They just want to know how the 1113 is going.
- Delta says to either be the or on par with the lowest cost regionals or be the next Comair.
The Judge
-I am not convinced that the company is bargaining in good faith
- I don't necessarily trust management. Particularly one member of the management team
- I am worried that this bankruptcy is an attempt to perpetuate the race to the bottom
- I am opposed to pay cuts, but at the end of the day, losing 5000 jobs is more important than pay cuts.
ALPA
- There is no future for this airline without a consensual agreement
- Pilots can not fix the company's problems
- We have been negotiating earnestly in good faith
- The company has not illustrated with any concrete evidence why they need what they are asking for
- There is a liquidity crisis. we need cash infused. We only have one possible lender. Delta
- Delta will not talk to us about new cash or what exact mark they need costs to be. They just want to know how the 1113 is going.
- Delta says to either be the or on par with the lowest cost regionals or be the next Comair.
The Judge
-I am not convinced that the company is bargaining in good faith
- I don't necessarily trust management. Particularly one member of the management team
- I am worried that this bankruptcy is an attempt to perpetuate the race to the bottom
- I am opposed to pay cuts, but at the end of the day, losing 5000 jobs is more important than pay cuts.
ALPA
- There is no future for this airline without a consensual agreement
- Pilots can not fix the company's problems
- We have been negotiating earnestly in good faith
- The company has not illustrated with any concrete evidence why they need what they are asking for