I find it hardly surprising that UAL, which led the industry with massive pay raises for its pilots, now find themselves nearly insolvent. What goes 'round comes around.
UAL is also parking massive numbers of aircraft, two more arrived at VCV yesterday. Many more carriers will have to downsize in order to survive in the present economic climate. The more senior pilots get the big bucks, the younger ones'.....out on the street. Good 'ole ALPA at work...again.
The numbers of UAL aircraft parked so far is 28, and the folks at VCV have been told to expect a total of 117. UAL is also leasing engines to raise cash.....not a good sign at all.
[ 17 October 2001: Message edited by: 411A ]