FlyerTalk Forums - View Single Post - UA's Viability / Financial Future due to the COVID-19 Era [Consolidated]
Old Oct 7, 2020 | 11:56 am
  #1028  
bocastephen
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Originally Posted by EpsilonZer0
To be honest, I am of the opinion to let the cares expire. The unions can't survive without their members paying into it and nobody is going to be paying union fees if they have been permanently furloughed. UA may even go bankrupt, but it will emerge out of bankruptcy as a better airline most likely. Let it burn and and new growth will spring from the ashes.
Provided the cost is saddled by shareholders and not taxpayers. I agree, let UA go into CH11, dump the shareholders, dump the aircraft orders for equipment they won't need for a decade at least, get labor back to the bargaining table to negotiate contracts that are more realistic given the new normal of cratered business travel and a semi-permanent shift to leisure.
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