Any word from the PBGC?

USFlyer

Veteran
Aug 19, 2002
2,084
292
Has the PBGC given any indication they would sign-off on the follow-on DC plan for the pilots? I''m assuming the Company still has a court date Friday to finalize these remaining few details.
 

fatherabraham

Veteran
Sep 27, 2002
814
354
Usflyer,

My source says they worked hand in hand (alpa & mgt ) with PBGC to ensure the deal would pass. Believe it,s a given.
Also, why would our CEO be vacationing in SXM if this deal needed further attention.
 

usfliboi

Veteran
Aug 20, 2002
2,070
270
according to bloomberg, the papers were received on mon and they are to decide by the end of the week.
 

Atlantic

Senior
Sep 2, 2002
499
0
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On 3/27/2003 3:13:51 PM skygirl wrote:

anything yet?????? What happens if we don''t have approval by tomorrow when our bankruptcy hearing is scheduled?

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Everything happens at the 11''th hour. As a company, I think were ok.
As a pilot, I got creemed.