American Airlines bankruptcy case goes to court today Read more here: http://www.star-telegram.com/

American Airlines bankruptcy case goes to court today

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American Airlines, unions will fight it out over contracts in New York court

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And protesting this is a big waste of time. The public could give a rat's arse about the plight of the airline worker.

In two weeks the unions will respond and have their day in court. That's the biggie...
If the lawyers put up a good argument, then the judge might reject AA's motion. That is most important.

Does anyone remember OWS? OCCUPY WALL STREET? And how those protests changed the world?
 
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And protesting this is a big waste of time. The public could give a rat's arse about the plight of the airline worker.

In two weeks the unions will respond and have their day in court. That's the biggie...
If the lawyers put up a good argument, then the judge might reject AA's motion. That is most important.

Does anyone remember OWS? OCCUPY WALL STREET? And how those protests changed the world?
And if you think the judge is going to side with the "unions" you are dreaming.... Have you not seen the facts??? 35 out of 35 bankruptcy cases the courts have sided with the companies. Not the unions nor the employees!
 
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But, let's not confuse the fact that it is not the judge's pro-business bias. The bankruptcy laws are biased in favor of the company. Let's remember that Chapter 11 can be a prelude to Chapter 7 (liquidation of the corporation). The laws governing Chapter 11 are biased toward preserving the corporation. The underlying philosophy is that employees with a surviving company are always better off than employees of a liquidated company.

The question will be if the company has a viable business plan for reorganization and survival. What I have seen and heard so far is warmed over, lemon-freshened, borax-strengthened, "Corner Post" strategy. It hasn't worked so far; so, what is the company changing to make it work in the future? That's right, boys and girls. We will cut the employees pay and benefits, and that will guarantee a success to our Corner Post plan. Bonusses all around at Centerport.

Has anyone wondered what the shape of the table is if one of the corner posts (DFW) is in the center of the table? I'm not judgin'. I'm just sayin' that I ain't never heard of no corner in the center of anything.

Wonderation #2: Does anyone know of a case of a service-oriented corporation that po'd all of its service-provision employees and went on to succeed? Just asking.
 
Well, it wasn't exactly lemonade, rainbows and unicorns at UA, US, NW, or even parts of DL during their respective bankruptcies...

Arguably, they've somehow gotten past all that, and didn't take out their frustrations on their customers to the same degree that some here expect to see.
 
Everyone keeps saying American doesn't have a business plan but they do. Just cut the employees pay and benefits until they're profitable. Thats been their plan since 2003.
 
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Getting pretty interesting reports from the tweets of @jasonwhitely WFAA-Channel 8 reporter from within the courtroom.
 

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