If Seigel wants more pay cuts what do you do?


Aug 20, 2002
Looks like our load factor is in the tank and also the economy is starting to really manifest itself. Bad things man Bad things..for airline workers.
So, we have the 1113 letter and Dave can''t go to the judge. Will he then go to the Unions like TWA management did? Of course he would if he [mis]manages to blow our previous concessions +govt loan + investor money.
Assuming the unions advocate the Better take more pay cuts or the company will dissolve [see TWA],...what will you do?
And, what is the govt. position on this? Can the government liquidate us if we can''t pay back the loan?