FlyerTalk Forums - View Single Post - Collective agreement for the pilots being negotiated

Jul 13, 2022, 10:55 am

#366

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Quote:

Originally Posted by tr3k

As a corollary, once strike costs equal salary savings for the "foreseeable future", there is no way for SAS to improve its income into the sustainable territory and it will have to be liquidated. However, if it did not try to save on salary costs, it would have to be liquidated regardless.

Hopefully (for me as a SAS customer), pilots are able to count too (unless they are dead set on making sure SAS does not continue as a going concern, out of spite perhaps?)

Does the above factor in the US Chapter 11 bankruptcy scheme aspect that SAS management is counting on working for it?

Most companies get liquidated eventually.

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