Gatemech:
Here is the D141 BK language:
If the Company or UAL Corporation nonetheless files a petition for reorganization under Chapter 11, neither the Company nor UAL will file or support any motion or proceeding under any provision of 11 U.S.C. §§1113 or 1114 with respect to the District 141 collective bargaining agreements during the period between December 1, 2002 and November 30, 2003.
Notwithstanding the commitment contained in the foregoing paragraph, in the event the Company’s operating cash flow substantially and adversely deviates from the Company’s October 2002 ATSB business plan for a ninety (90) day period, and such deviation presents a threat to the Company’s future liquidity, the Company will provide the Union with notice and a full opportunity to discuss possible remedies to the cash flow shortfall. If discussions between the Company and the Union do not produce a mutually acceptable resolution of the liquidity threat within sixty (60) days of such notice, the commitment contained in the preceding paragraph will become null and void in its entirety, and there shall be no restrictions on the Company’s ability to seek relief under 11 U.S.C. §§1113 or 1114. In the event of a war in Iraq or a sudden, unforeseen event that substantially disrupts air travel (e.g., an act of God, act or threat of terrorism, etc.), the commitment contained in the preceding paragraph will become null and void in its entirety, and there shall be no restrictions on the Company’s ability to seek relief under 11 U.S.C. §§1113 or 1114.
No one can predict what, how and when our President strikes Iraq. Everything the Company negotiates has Force Majeur language in it. IMHO Mr. Tilton has so far operated aboveboard with the employees. I like what I have seen so far of his leadership. I also believe that Mr. Tilton knows that if he and his senior management behaves and makes any underhanded sneaky decisions will destroy any trust he had so far been able to build. I for one am on board with him. I believe we at last have someone we can trust, but I assure you, my faith and trust is being earned with reserve and caution. However, if he and/or his management staff does anything to breech this, then all trust is gone forever. I believe Mr. Tilton knows this very well. Let's give him a chance. So far so good.
Force Majeur is completely out of our hands. But let's see if we go to war with Iraq and if we do, let's pray that it is swift and over quickly, we all have jobs with United and the economy turns around.