Quote:
Originally Posted by Damn True
How many US airlines have gone through bankruptcy and yet are still in existence?
The reason I bring this up is this. It is my opinion that the UAW is calling the shots here. They are the reason why the big-2.5 Execs are so opposed to bankruptcy and restructuring because if that happens the contracts will also be restructured which spells disaster for the UAW.
|
But disaster for the UAW will ultimately help the industry build itself back up. The union is the biggest obstacle in competing with the import companies. I would think the "Execs" would be for that scenario. I haven't heard any representative from the UAW chime in on the subject yet...........