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To: Turbopilot
They won't like it, but IIRC they are still paid slightly above the industry average.

Speaking as one of 'they', we aint giving another dime.

43 posted on 09/14/2005 3:40:05 PM PDT by Pukin Dog (Sans Reproache-Helping to keep Liberals free to be stupid since 1977)
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To: Pukin Dog
Speaking as one of 'they', we aint giving another dime.

That isn't the way it works. You only have a choice for a little while, then you will either take what the judge says, or quit. Same with the pensions. The collective bargaining agreement stays in effect so you can't strike, but the terms will be set by the judge. Take my word for it, it is best to negotiate early (before ch11 is best), as time wears on the company keeps going to the well and the judge will give it to them. The first employees to settle get it the easiest. The judge gets really cranky deep in it.
57 posted on 09/14/2005 4:28:16 PM PDT by safisoft (Give me Torah!)
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To: Pukin Dog
Speaking as one of 'they', we aint giving another dime.

I feel for your situation. I'd hate to be in such a position through no fault of my own, and I wouldn't want to give back another dime either.

But among other streamlining and cost reductions Delta will make in bankruptcy, they will seek more labor concession. I believe they've already hinted at another $500 million from the pilots. And if a deal isn't reached, the bankruptcy judge will unilaterally implement one.
86 posted on 09/14/2005 5:49:24 PM PDT by Turbopilot (Nothing in the above post is or should be construed as legal research, analysis, or advice.)
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