IMO, there won't be a counter to the counter, mediation is next. It will last as long as it takes for things to turn around, if they ever do. In the meantime most likely there will be wholesale parking, closing of small stations, RIFs, reduced schedules and workloads.
And if we say yes you think that wont happen? Let me remind you that in 2003 the company said 25% or 2500 jobs, when the committee responded take the 2500 jobs the company claimed they couldnt operate that way, withdrew the offere and demanded the 25%. They got the 25% and reduced headcount by 4000 jobs. If we say yes we wont say anybody.
If the economic turn around doesn't happen soon enough, AA will burn through the cash eventually filing BK. All our pensions will be turned over to PBGC. Sky is falling scenario? Maybe, but entriely possible.
Arpey says its not even a consideration.
I'm not advocating or promoting the offer, just being real. Unfortunately, upper management poisened the well of good will and another substandard agreements with their multimillion dollar bonuses and mismanagement of our great company.
Poisened or not, good will doesnt pay the bills.