PPRuNe Forums - View Single Post - Pilots who went on strike let go by PHI
View Single Post
Old 14th Oct 2006, 14:17
  #309 (permalink)  
GLSNightPilot
 
Join Date: Jul 2002
Location: Texas
Posts: 512
Likes: 0
Received 0 Likes on 0 Posts
Well, this filing is finally closer to the truth. It looks like Sarbanes-Oxley is working, and someone doesn't want to join Lay and Skilling (oh, right, Lay escaped, didn't he?) and has filed some amendments. The S-4 filing is about 500 pages of legalese saying "Bad news is coming very soon". The claims of low numbers of pilots on strike and high flight rates are now admitted to be incorrect. The company shills seem to have stopped coming around. Now the poor-mouthing starts, and the company will claim that the union is going to bankrupt it. The truth is that paying scabs 3 times what the union asked for in its initial offer is what will bankrupt the company.
GLSNightPilot is offline