Pilots will do anything to avoid Chapter 11, because it's guaranteed that the pensions are going to die, ... Pilots take it on the chin. Pilots face a catastrophic loss in standard of living or income when pension payment plans go bad.
More Quotes from Joseph Schwieterman:
It should make the intolerable delays a thing of the past.Joseph Schwieterman
Low-cost carriers are reluctant to jump into the international arena. It requires long planning horizons, sometimes years of diplomacy.
Joseph Schwieterman
US Airways employees especially have been promised better times are ahead before only to be disappointed.
Joseph Schwieterman
I think United has proven its plan is viable. It has won over many skeptics. Its service quality performance is stellar. Its labor costs are low. Its shift to more profitable international markets appear to be focused and working.
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Albert Bandura