Thursday, May 24, 2012

Two can play the airline bankruptcy game

Over the past decade, major airlines have figured out how to use the bankruptcy code to accomplish what they have never been able to at the bargaining table: reduce wages and benefits to “market” levels.

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Source: http://feeds.washingtonpost.com/click.phdo?i=3607bf7b149c64174caef0cd6c77d433

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