Originally Posted by
FlyingMoose
Sure but how many months have been put into SAS Forward? Setting up that plan is part of a Chapter 11 strategy. Someone better work miracles if your start to finish Chapter 11 is done in less than 4 months.
Does SAS still directly employ ground staff and ground services staff? Those are usually outsourced through HR companies.
If you've worked with strategy before, then you know that at a place like SAS, months of discussion about SAS Forward would have been had before even presenting it or making it widely known. It's not like they came up with the strategy over a lunch and wrote it on the back of a napkin. Any graduate of Mgmt 101 would have put together that plan and had a set of contingencies ready to go in case it didn't go the way that they wanted it to go. Especially if they believe in their plan as strongly as the SAS Board and Management seem to do.
So yes, I am doubling down on the comment that you don't need miracles or a lot of time to get this done. As a process, it's fairly straightforward. What might slow it down is the process of discovery that the pilots union would initiate to see if there were any smoking guns that could help them in their case. But this automatically isn't a long drawn-out affair...especially if SAS claims (as it does) that its survival is at stake without rapid progress and quick decisions. Those high-priced lawyers they hired at paid to make the wheels in the Hall of Justice spin a bit faster than normal.
And yes, you are correct about the ground staff, but it also doesn't take away from my point that in the event of a protracted period under bankruptcy protection, SAS would likely use that as coverage to help push through other deals with any other union it has to deal with directly.