:huh: Thanks for the positive attitude people! Maybe there's hope for us yet! aafsc---- just for the record! WE (TWA) never expected 100% of our Senority! But we still feel something more than " staple," would have been fair! The only reason we got what we did was because we had to fight for it in mediation! Now it seems a.a. is methodicaly getting reed of that, and us! As for our last Bankrupcy, I, and many of my fellow ex's, feel we were purposly taken into bankrupcy to get reed of Uncle Carl, and his company "Karabu", plus our scope clauses in our contracts! Although at this point, it's all a mute issue anyway! The question now is, do you really feel the drop in the numbers of exTWA employees was due to just "BAD LUCK!!" And yes, some did quit, and, or retire!!! Let's just hope this economy turns arround soon! Even so, Arpy will want more!!! Hold on people! I'm afraid it's going to one hell of a ride!!!! Stand by aa! I hear the next round of layffs (FEB) will be line stations!!!! :down:
[post="198553"][/post]
I think the arbitrator tried to come to a decision that effected as few people as posible. TW people kept their seniority in their bases (MCI STL) and AA people were protected in their bases. As far as the TW bankruptcy, I agree that one of the motives was to get rid of the karabu agreement. I read TW's financial statements at the end of 2000. They had a $100,000,000 note due and had about $153,000,000 in cash if I remember correctly. Barring refinancing, they would have paid the note. That would have left them dangerously low on cash. Also, don't forget it was the slow winter months and the IAM contract was amendable. The TWA IAM wanted parity with the other airlines. If they could not get this there would have been a strike which would have killed TW immediately. I have talked to the former TW people I work with and they said if they could not have gotten parity or close to it then "shut it down" they said. The Bk was a way for TW to save cash, get rid of Karabu, and prevent an IAM action until the chapter 11 could be converted to chapter 7. As far as bad luck, I guess you could call it that. Bad luck that STL is not as good of a hub as DFW or ORD. Bad luck that AA had to ground all those aircraft because of industry economics. But there is some good luck here. And that is the retirement package the AA is giving to about 150 MCI mechanics (not much but I'm surprised they offered anything). This will cut the layoffs down to about 250 from what I have read. And good luck in terms that the MCI base is still here. Did you ever think that you would out last all the UA heavy maintanence mechanics (IND OAK gone) and half of the NW mechanics. AS far as the line stations, they will get hit, I already know that and I agree things will get worse before they get better.