PitBull:
I would expect the AFA, IAM, and CWA to have arguments prepared to defend their membership. ALPA will have Richard Seltzer there too, but if the court does not agree to the company's motion the airline will likely liquidate.
Today oil prices closed at over $51 per barrel. Each $1 increase in the price of oil raises US Airways' annual fuel expense by $24 million. How are AFA's bankruptcy counsel going to argue against this additional expense and the need to further cut cots?
In the company's S.1113(e) motion the airline said that the business plan supports oil at $44 per barrel. Therefore, the company is already $7 per barrel behind its plan, which equals $168 million per year or about the additional $150 million in labor cost cuts now sought by management.
Therefore, I expect "imposition" for any union who does not have a deal.
In regard to ALPA rank-and-file sentiment, there were very few pilot's at today's meeting, if any, who support the RC4. Furthermore,
nobody who spoke supports the RC4.
Respectfully,
USA320Pilot
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