Judge Gives Mesaba the Okay to Throw Out Contracts
U.S. Bankruptcy Judge Gregory Kishel told Mesaba Airlines today that it can throw out its contracts with its three major labor unions.
The judge also said that Mesaba must give the unions 10 days notice if it intends to do so. This will allow both sides one final chance to come to terms on new contracts.
I would expect that we will hear shortly that Mesaba has indeed given notice they intend to reject the contracts.
Comments
This is really sad. While I understand Mesaba management's predicament with the Ch. 11 filing of its only customer NWA and the need to cut costs, this really hurts.
We all know that FAs are paid so little at the regionals that they are eligible to receive food stamps. This seems to me like squeezing that last bit of toothpaste out of a tube that's long since been empty.
Posted by: Tucano Bandeirante
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July 14, 2006 2:04 PM