Bob,Im changing my mind on this whole screwjob
they are selling us,and Im not afraid of the
results.I will get a job somewhere there is
life after UAL.Brace for impact Bob we are
going to be slammed for our choice.Wont they
still have to bargain again even in BK court?
I also believe UAL would prefer to stay out of
court so the real books wont be examined.You
know the ones that show where the esop profits
went to.
WHY WE MUST VOTE NO!
IT’S OUR FUTURE AT STAKE
According to the IAM leaders we must give massive wage and benefit concessions to “save†United Airlines. Our six-month contract, they say, must be torn up and extended another 2 1/2 years before “snapping back†to our current 2002 wages in 2008.
The new revised contract is a DISASTER for all members of District 141M and District 141. For mechanics, it will mean a loss of $58,323 over the term of the contract. It will not save one job or prevent a Chapter 11 bankruptcy filing. In truth, it will oil the wheels for CEO Tilton to choose the time and day to go into bankruptcy court.
The heart of the rotten pact is clearly outlined in “Exhibit E†of the Recovery Plan. It states that “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 entire agreement is “null and void.†Then United’s Board of Directors can implement its own draconian recovery plan.
Does anyone truly doubt the intentions of President Bush when he says the US faces a permanent “threat of terrorism?†Or that a war with Iraq is not inevitable?
Tilton will use our lower wages and four lost vacation days as the starting point to get more concessions from us. There will be new work rules, outsourcing of jobs, loss of receipt and dispatch and possible closure of maintenance bases.
The promises of “profit sharing,†“stock options†and improved pensions are the sugar toppings on a poison pill to get our “yes†vote. The IAM officials know full well that the company will attempt to tear up even this concessionary pact if we easily roll over and surrender without a fight. Their hope is that the ATSB and an “act of God†will save them and us.
The IAM and other unions’ leaders are running scared. And Tilton knows it. There will be no divine intervention. It is up to us to stand together against concessions.
We are better off saying NO to concessions and taking our chances in the bankruptcy court. The playing field will be more level between us and the other creditors. The judge could even decide to have a trustee oversee UAL’s executives – as occurred at World Com against management’s will – and take other steps to investigate past accounting and other possible corrupt practices. Remember Enron.
Let’s be frank: our billions of givebacks under the ESOP have never been accounted for. The same management team that is responsible for the financial crisis—James Goodwin, Rono Dutta and Andy Studdert et al—continues to get large pensions and even office space while we lose pay and jobs.
Our future is at stake. The revised contract is a gift to those who put UAL in its current shape. We must Stand United and VOTE NO!
By Jennifer Biddle (SFOOV) and Malik Miah (SFOEC) for AMTs Against Concessions. AMTs Against Concessions is an ad hoc group of rank and file mechanics against concessions and layoffs.
they are selling us,and Im not afraid of the
results.I will get a job somewhere there is
life after UAL.Brace for impact Bob we are
going to be slammed for our choice.Wont they
still have to bargain again even in BK court?
I also believe UAL would prefer to stay out of
court so the real books wont be examined.You
know the ones that show where the esop profits
went to.
WHY WE MUST VOTE NO!
IT’S OUR FUTURE AT STAKE
According to the IAM leaders we must give massive wage and benefit concessions to “save†United Airlines. Our six-month contract, they say, must be torn up and extended another 2 1/2 years before “snapping back†to our current 2002 wages in 2008.
The new revised contract is a DISASTER for all members of District 141M and District 141. For mechanics, it will mean a loss of $58,323 over the term of the contract. It will not save one job or prevent a Chapter 11 bankruptcy filing. In truth, it will oil the wheels for CEO Tilton to choose the time and day to go into bankruptcy court.
The heart of the rotten pact is clearly outlined in “Exhibit E†of the Recovery Plan. It states that “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 entire agreement is “null and void.†Then United’s Board of Directors can implement its own draconian recovery plan.
Does anyone truly doubt the intentions of President Bush when he says the US faces a permanent “threat of terrorism?†Or that a war with Iraq is not inevitable?
Tilton will use our lower wages and four lost vacation days as the starting point to get more concessions from us. There will be new work rules, outsourcing of jobs, loss of receipt and dispatch and possible closure of maintenance bases.
The promises of “profit sharing,†“stock options†and improved pensions are the sugar toppings on a poison pill to get our “yes†vote. The IAM officials know full well that the company will attempt to tear up even this concessionary pact if we easily roll over and surrender without a fight. Their hope is that the ATSB and an “act of God†will save them and us.
The IAM and other unions’ leaders are running scared. And Tilton knows it. There will be no divine intervention. It is up to us to stand together against concessions.
We are better off saying NO to concessions and taking our chances in the bankruptcy court. The playing field will be more level between us and the other creditors. The judge could even decide to have a trustee oversee UAL’s executives – as occurred at World Com against management’s will – and take other steps to investigate past accounting and other possible corrupt practices. Remember Enron.
Let’s be frank: our billions of givebacks under the ESOP have never been accounted for. The same management team that is responsible for the financial crisis—James Goodwin, Rono Dutta and Andy Studdert et al—continues to get large pensions and even office space while we lose pay and jobs.
Our future is at stake. The revised contract is a gift to those who put UAL in its current shape. We must Stand United and VOTE NO!
By Jennifer Biddle (SFOOV) and Malik Miah (SFOEC) for AMTs Against Concessions. AMTs Against Concessions is an ad hoc group of rank and file mechanics against concessions and layoffs.