Originally Posted by
N965VJ
IIRC, US was making record profits in the late 90s.
But only for 2-3 years following almost a decade of loses.
Didn’t the company invoke force majeure after 9/11 for pay cuts?
I can only speak for pilots, but no - the paycuts came as US was heading to BK1 in 2002. Force majeure was invoked to avoid the no furlough clause in the pilot's contract, leading to the furlough of about 30% of the pilots.
Jim