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Airlines Warn Of Pension Problems  
User currently offlineSchipholjfk From United States of America, joined Jan 2005, 579 posts, RR: 6
Posted (7 years 11 months 2 weeks 6 days 9 hours ago) and read 1078 times:

http://news.yahoo.com/s/usatoday/200...oday/airlineswarnofpensionproblems

CEOs of Northwest and Delta Air Lines told Congress Tuesday they'll need bankruptcy court protection unless lawmakers give them longer to pay pension obligations.

Here we go... we all saw this coming right after the UA decision? One by one U.S. legacies will dump their pension plans on tax payers!


The fun of flying... love it !!!
4 replies: All unread, jump to last
 
User currently offlineRsmith6621a From United States of America, joined Aug 2005, 192 posts, RR: 2
Reply 1, posted (7 years 11 months 2 weeks 6 days 9 hours ago) and read 1062 times:		 Support Airliners.net - become a First Class Member!

Yep.......ALL Thanks to UAL.

This show is not only going to be appearing in the airlines but mark my word Microsoft one day will be doing the same........The worker in the USA is being reclassified to lower than Bat Dung what you worked and put away for probably is not there in the first place....it has been spent on big corporate EXECs bonuses.


Here is looking at you Glenn....Glenn is at the far left without horns


Did You Ever Think Freedom Could Be this Bad
User currently offlineStevenUhl777 From , joined Dec 1969, posts, RR:
Reply 2, posted (7 years 11 months 2 weeks 6 days 7 hours ago) and read 1040 times:

Looks like Steenland of NWA is bored out of his skull and wishes he were on the links instead!

Tilton looks as if he's saying: "Ha...I've done what I had to do, now you two clowns are up next!"

User currently offlineRAMPRAT980 From United States of America, joined Mar 2005, 600 posts, RR: 3
Reply 3, posted (7 years 11 months 2 weeks 5 days 11 hours ago) and read 998 times:

The loophole is now being exploited by Delta/NWA. What a shame.


With gun control there can be no democracy.. With gun control there can be no Freedom
User currently offlineGalapagapop From United States of America, joined Feb 2005, 910 posts, RR: 4
Reply 4, posted (7 years 11 months 2 weeks 5 days 10 hours ago) and read 990 times:

I still can't believe UA got rid of their pensions, thanks to that judge. Now everyone and their dog will want to dump theirs. Although its only fair as how is NW going to compete with UA if UA doesn't have to fund a 3+ billion dollar pension plan. And of coarse UA is still in BK and has yet again pushed it back.
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