Be sure to read the next to last pararagraph.
http://finance.yahoo...-182617274.html
Of course it is entirely possible the pilots can still get a consensual deal before this all said and done with.
And if they do, and if they get "anything" better than the rest of us...so be it.
You still do not get it:
Here is your paragpraph that causes fear and worry in your mind:
"The committee said it expects voluntary agreements with all labor groups. But if a deal with pilots isn't possible, the committee said, AMR could "propose and prosecute" a reorganization plan without one. "
If and when a Plan of Reoganization is approved, then negotations and authority moves from the Bankruptcy Laws back the the Railway Labor Act, under the Railway Labor Act the APA would claim that the "status quo" has been unilaterally changed by the employer, this creates an opened the door for arguement of self help under the Railway Labor Act.
The legal question is "Which Law trumps"? The Railway Labor Act of 1926 or the 1113 of the Bankruptcy Law.
Without consensual agreement, then my opinion is that whichever is governing the process. Sure the APA is under the 1113 process now, but not once the POR is approved and the BK law is no longer governing. Therefore the RLA takes over and then everything changes.
This is when the final rounds of the fight begin. By then, AA and the APA will be so at odds with each other, the only means of survival will be NEW MANGEMENT, and real negotiations under the Railway Labor Act.
You on the other hand, believe that 1113 and BK Law is the end game. It is not. Not by a long shot.
Remind me to never follow you into a battle with greedy corporate management.
Every piece of legal advice given during the last view months to all unions has been strictly advice about the Bankruptcy Law, but once a POR is approved, the Railway Labor Act once again is the governing law and really in my mind, always has been.
This Bankruptcy Law is a temporary reorganization law, not one where a company with $4.5 Billion can circumvent the Railway Labor Act because the employees would not hand over their pensions voluntarily after being screwed, lied too, and shafted by management of the Corporation.
Get a clue. Sorry, I dont know wany other way to put it.
But at least think in long terms and about ALL Legislation and how screwed up the laws are, then stop focusing on one single law and look at the global fight and what law governs in each round of the battle.
I still say that APA and AA are only in early rounds of what could be a lengthy and ugly fight. It is up to management and how they intend to treat and recognize the professionals of the APA.