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On 4/1/2003 9:05:26 PM AirwAr wrote:
Bob,
Is it a correct statement that your basis for voting no for this TA is that you believe you will a better deal with a judge? If that is true, may I ask on what basis you believe that your situation will be improved in bankruptcy? Do you feel that voting no is a way to get back at management, that you would actually hurt them worse than you''ll hurt yourself?
It is my opinion that in bankruptcy, the debtors-in-possession will use the current TAs as a starting point to wring additional costs from all of us employees. If you believe the news, it is reported to be an additional $500 million. So I really don''t see where you would gain, unless of course you actually work for another airline.
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On 4/1/2003 9:05:26 PM AirwAr wrote:
Bob,
Is it a correct statement that your basis for voting no for this TA is that you believe you will a better deal with a judge? If that is true, may I ask on what basis you believe that your situation will be improved in bankruptcy? Do you feel that voting no is a way to get back at management, that you would actually hurt them worse than you''ll hurt yourself?
It is my opinion that in bankruptcy, the debtors-in-possession will use the current TAs as a starting point to wring additional costs from all of us employees. If you believe the news, it is reported to be an additional $500 million. So I really don''t see where you would gain, unless of course you actually work for another airline.
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Yes I feel that I am better off in front of a Judge who can only impose Temporary changes than agree to a six-year term.
I do not wish for Bankruptcy but I am not willing to avoid it at ANY cost. If the cost of avoiding bankruptcy is higher than going in, I''d rather go in. The cost of the agreement means that I will have to leave this industry.
Do I feel that voting No is a way at getting back at management? Thats a dumb question. How will they be hurt? They already made more than they can ever spend. Why would I bother in a futile pointless effort to hurt them. Dont be stupid. I have better things to strive for. I''m just trying not to lose what I''ve got. I''m not trying to gain, just trying to keep and I''m willing to do what is fair and reasonable. Six years, 17.5% and all those other changes are completely unreasonable.
The news, well they report what they are told. There isnt much credability there, the most reliable information you get there is the weather, and thats not saying much. AA can say whatever they want.