C
chipmunn
Guest
Jim Root and his letter is interesting since I understand he was at the bargaining table, agreed to the changes, and then endorsed the agreement.
Then he goes back to CLT and apparently ponders his decision and goes against his unions recommendation and now may set in motion a chain of events that could lead to the liquidation of US Airways.
US Airways has fought hard to prevent a total shut down of the company and Bronner has given an ultimatum. Either the IAM, CWA, & AFA join ALPA, the TWU units, and management in taking more cuts or the airline will shut its doors for good...putting those naysayers to bed for good.
Brooner and the creditors do not give a damn about Jim Root or 30,000 other employees and in fact the new GECAS agreement to provide required financing mandates the company not default on its bankruptcy financing agreements, but Root and others have put this accord in jeopardy.
If Root and others are successful say good bye to 30,000 jobs, you can cash your last pay check, say good bye to severance pay, so good bye to your medical/dental plan (which is still one of the best in the country), term pass, and a better than PBGC retirement. J4J, and recall rights.
People like Jim Root are setting the airline up for certain liquidation.
If the TA's are rejected I suggest all current US Airways employees file out their unemployment claim, look for government or free clinic medical care, and put their homes up for sale to prevent a foreclosure.
What's interesting about this is that jobs could be lost with either a yes or no vote. However, a yes vote buys a person some time to seek another job, keep employed while in the job hunt, keep medical insurance for your family, creditors off of your door step, and a roof over your head.
If a person doesn't want to work at US Airways under the new agreements they have a choice: go get another job, but to vote no and contribute to certain liquidation makes no sense at all.
Vote no and you will lose everything.
Personally, I believe in today's economic environment it is a huge mistake to call Bronner's bluff, who is the only game in town.
Chip
Then he goes back to CLT and apparently ponders his decision and goes against his unions recommendation and now may set in motion a chain of events that could lead to the liquidation of US Airways.
US Airways has fought hard to prevent a total shut down of the company and Bronner has given an ultimatum. Either the IAM, CWA, & AFA join ALPA, the TWU units, and management in taking more cuts or the airline will shut its doors for good...putting those naysayers to bed for good.
Brooner and the creditors do not give a damn about Jim Root or 30,000 other employees and in fact the new GECAS agreement to provide required financing mandates the company not default on its bankruptcy financing agreements, but Root and others have put this accord in jeopardy.
If Root and others are successful say good bye to 30,000 jobs, you can cash your last pay check, say good bye to severance pay, so good bye to your medical/dental plan (which is still one of the best in the country), term pass, and a better than PBGC retirement. J4J, and recall rights.
People like Jim Root are setting the airline up for certain liquidation.
If the TA's are rejected I suggest all current US Airways employees file out their unemployment claim, look for government or free clinic medical care, and put their homes up for sale to prevent a foreclosure.
What's interesting about this is that jobs could be lost with either a yes or no vote. However, a yes vote buys a person some time to seek another job, keep employed while in the job hunt, keep medical insurance for your family, creditors off of your door step, and a roof over your head.
If a person doesn't want to work at US Airways under the new agreements they have a choice: go get another job, but to vote no and contribute to certain liquidation makes no sense at all.
Vote no and you will lose everything.
Personally, I believe in today's economic environment it is a huge mistake to call Bronner's bluff, who is the only game in town.
Chip