Re: NYTimes.com Article: UAL to Seek New Chief Executive

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----- Original Message -----
From: "Dennis W Zeuch" <DZTOPS@aol.com>
To: <AIRLINE@LISTSERV.CUNY.EDU>
Sent: Wednesday, May 01, 2002 13:50
Subject: Re: NYTimes.com Article: UAL to Seek New Chief Executive


> In a message dated 5/1/02 6:41:19 PM !!!First Boot!!!,
addison@schonland.com
> writes:
>
> << option 2 - declare chap 11, put the company up for sale.  Forcing the
>  outrageous labor costs down forever by making the pilots either buy it
all
>  or sell their stake.

> Labor
> cooperated and went without pay raise for years to give the big boys a
chance
> to get their act together.
I'm not familiar with the specifics, but didn't they get equity in
exchange for that?  And weren't they the ones who installed Goodwin in the
first place?

Given the summer of hell, I'm sure there are numerous pax who would love
to see option 2 happen.

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