USAirways has stated it needs 1.5 billion in cost reductions to save the airline.
$800 million from labor, and $700 million from non-labor related items. My question is if our survival is so dire, then why on earth must labors $800 million be obtained before the $700 million in non-labor related items by September or its bankruptcy?
If this company was in such a dire situation, would it not be doing everything in its power to avoid bankruptcy? Would it not be acting upon its targeted $700 million in non-labor related items that do not need labors approval while negotiating with the unions?
Would the unions not be more receptive to cost reductions if they saw the company doing this and really trying to save this company?
Someone please help me understand this. What is the real agenda.
$800 million from labor, and $700 million from non-labor related items. My question is if our survival is so dire, then why on earth must labors $800 million be obtained before the $700 million in non-labor related items by September or its bankruptcy?
If this company was in such a dire situation, would it not be doing everything in its power to avoid bankruptcy? Would it not be acting upon its targeted $700 million in non-labor related items that do not need labors approval while negotiating with the unions?
Would the unions not be more receptive to cost reductions if they saw the company doing this and really trying to save this company?
Someone please help me understand this. What is the real agenda.