Frontline: Retirement and UA
Nov 7, 2006, 11:20 pm
#1
Original Poster
Join Date: Sep 2006
Location: Berkeley, CA
Programs: UA Silver, Southwest A-List, Hilton Diamond
Posts: 818
Frontline: Retirement and UA
Anybody watch the Frontline this week?
The mid-portion of it discusses the aspect of UA Ch. 11 and the pension issue. Kind of interesting; if you want to take a look at it:
http://www.pbs.org/wgbh/pages/frontl...tirement/view/
(Inside the story of United's Bankruptcy)
*Edit: I think this is a repeat of the episode, so sorry if its a repost. Couldn't come up with anything searching for Frontline and the title of the ep in the search.
The mid-portion of it discusses the aspect of UA Ch. 11 and the pension issue. Kind of interesting; if you want to take a look at it:
http://www.pbs.org/wgbh/pages/frontl...tirement/view/
(Inside the story of United's Bankruptcy)
*Edit: I think this is a repeat of the episode, so sorry if its a repost. Couldn't come up with anything searching for Frontline and the title of the ep in the search.
Last edited by FlyingBear; Nov 7, 2006 at 11:28 pm
Nov 7, 2006, 11:47 pm
#2
Join Date: Aug 2005
Location: LAX
Programs: VX Elevate, UA 2P, SPG Gold
Posts: 873
Thank you very much for the link, quite a lot of good information. ^
Nov 7, 2006, 11:53 pm
#3
Join Date: Nov 2002
Location: SFO
Programs: UA 1K MM, Marriott Gold
Posts: 4,773
Where on earth is she dragging that suitcase all over ORD? 
But seriously, that was a great, and sad, clip.
But seriously, that was a great, and sad, clip.
Nov 8, 2006, 6:55 am
#4
Join Date: Apr 2005
Location: MBS/FNT/LAN
Programs: UA 1K, HH Gold, Mariott Gold
Posts: 9,634
Originally Posted by FlyingBear
*Edit: I think this is a repeat of the episode, so sorry if its a repost. Couldn't come up with anything searching for Frontline and the title of the ep in the search.
http://www.flyertalk.com/forum/showthread.php?t=618175
Jun 23, 2011, 7:59 pm
#5
Join Date: Jun 2011
Posts: 9
An interesting look at why the current UA/CO negotiations are so important
These will be the first negotiations after this happening.
PBS/Frontline Video Regarding UA Bankruptcy
It's also interesting how the value of the Mileage Plus program was involved with the outcome.
Obviously a source of conflict within the company now.
For those curious as to why employees have issues with management.
Additional Background on the Situation
PBS/Frontline Video Regarding UA Bankruptcy
It's also interesting how the value of the Mileage Plus program was involved with the outcome.
Obviously a source of conflict within the company now.
For those curious as to why employees have issues with management.
Additional Background on the Situation
Last edited by iluv2fly; Jun 24, 2011 at 2:20 pm Reason: merge
Jun 25, 2011, 7:59 pm
#6
Join Date: Feb 2009
Location: Chattanooga, TN
Programs: Hertz and Best Western, a free agent in all other respects
Posts: 384
Thanks, travelineman. And let me say welcome to FT, that was a great opener. No idea why no one said anything.
A frickin great source of info on the bankruptcy laws, as passed by Congress, and on UA's travels through it. The experts and top dogs interviewed were quite good. I was thinking that it was one sided but Tilton refused to be interviewed. That was telling, IMHO.
That was the best Congress that money can buy. Just like today.
A frickin great source of info on the bankruptcy laws, as passed by Congress, and on UA's travels through it. The experts and top dogs interviewed were quite good. I was thinking that it was one sided but Tilton refused to be interviewed. That was telling, IMHO.
That was the best Congress that money can buy. Just like today.
Jun 25, 2011, 8:43 pm
#7
Join Date: Jan 2011
Posts: 49
great piece and very depressing that management would leave the workers holding the bag for their errors.
Jun 25, 2011, 8:46 pm
#8
Join Date: Jul 2003
Location: KKC/TPA
Programs: All statuses lapsed; now I'm just a free-agent, and loving it!
Posts: 1,245
Actually, I watched Chapter 2, which dealt with the UA bankruptcy and it's effect on employee pensions, then watched the rest of the program dealing with retirement issues in general. Very telling indeed, and the program was produced 5 years ago. Thanks for posting this.
Jun 25, 2011, 10:12 pm
#9
Join Date: Apr 2005
Location: MBS/FNT/LAN
Programs: UA 1K, HH Gold, Mariott Gold
Posts: 9,634
These will be the first negotiations after this happening.
PBS/Frontline Video Regarding UA Bankruptcy
It's also interesting how the value of the Mileage Plus program was involved with the outcome.
Obviously a source of conflict within the company now.
For those curious as to why employees have issues with management.
Additional Background on the Situation
PBS/Frontline Video Regarding UA Bankruptcy
It's also interesting how the value of the Mileage Plus program was involved with the outcome.
Obviously a source of conflict within the company now.
For those curious as to why employees have issues with management.
Additional Background on the Situation
Jun 26, 2011, 1:42 am
#10
Join Date: Nov 2000
Location: Upcountry Maui, HI
Posts: 13,322
This is really old stuff and his been hashed and rehashed on flyertalk back when UA went through their bankruptcy.
-David
-David
Jun 26, 2011, 2:22 am
#11
Suspended
Join Date: Jan 2009
Programs: UA 1k
Posts: 1,208
Thx for posting, interesting video. Seems the USA is headed the way of United what with $15T in debt and some $50+ Trillion in unfunded Social Security/Medicare liabilities. Too bad there's not a PBGA for the entire country. Glad I work for a company that gives defined contribution pensions and not a defined benefit plan. Glad most companies are moving that way - if only everythign in the world worked that way!
Sad for the employees, but rather than complain all day about it - why not just leave the company? THat attorney said it best - the company will cut as far as they can until people quit. If all the employees walked out the door and went to work for WN or in a different industry, then UA would have no choice but to raise their payscales.
Sad for the employees, but rather than complain all day about it - why not just leave the company? THat attorney said it best - the company will cut as far as they can until people quit. If all the employees walked out the door and went to work for WN or in a different industry, then UA would have no choice but to raise their payscales.
Jun 26, 2011, 11:53 am
#12
Join Date: Jun 2011
Posts: 9
Thanks, travelineman. And let me say welcome to FT, that was a great opener. No idea why no one said anything.
A frickin great source of info on the bankruptcy laws, as passed by Congress, and on UA's travels through it. The experts and top dogs interviewed were quite good. I was thinking that it was one sided but Tilton refused to be interviewed. That was telling, IMHO.
That was the best Congress that money can buy. Just like today.
A frickin great source of info on the bankruptcy laws, as passed by Congress, and on UA's travels through it. The experts and top dogs interviewed were quite good. I was thinking that it was one sided but Tilton refused to be interviewed. That was telling, IMHO.
That was the best Congress that money can buy. Just like today.
Actually, I watched Chapter 2, which dealt with the UA bankruptcy and it's effect on employee pensions, then watched the rest of the program dealing with retirement issues in general. Very telling indeed, and the program was produced 5 years ago. Thanks for posting this.
To flyers, it could affect the operation over the next 6-12 mos. or more.
Thx for posting, interesting video. Seems the USA is headed the way of United what with $15T in debt and some $50+ Trillion in unfunded Social Security/Medicare liabilities. Too bad there's not a PBGA for the entire country. Glad I work for a company that gives defined contribution pensions and not a defined benefit plan. Glad most companies are moving that way - if only everythign in the world worked that way!
Sad for the employees, but rather than complain all day about it - why not just leave the company? THat attorney said it best - the company will cut as far as they can until people quit. If all the employees walked out the door and went to work for WN or in a different industry, then UA would have no choice but to raise their payscales.
Sad for the employees, but rather than complain all day about it - why not just leave the company? THat attorney said it best - the company will cut as far as they can until people quit. If all the employees walked out the door and went to work for WN or in a different industry, then UA would have no choice but to raise their payscales.
Second para., that makes sense for the agents/ground workers/flight attendants because their
seniority pay/benefits aren't significantly different from those of starting over.
But for mechanics/pilots, the seniority system returns them to compensation of someone fresh out of college if they choose to leave.
Imagine a professional with twenty years experience being returned to college grad pay and benefits if they leave their firm.
This is the main source of the conflict, that normal free market supply/demand is skewed, preventing people from leaving.
The focus on minimum pay and the lack of a valuation for experience/skill has already made flying UA/CO Express a question in my mind.