State of the Airlines

Wednesday, February 09, 2005

NEWS: US Airways Retirees Looking for Options

Add this to the list of things are are so very wrong with the bankruptcy system. Some 10,000 US Airways retirees are looking for health care coverage after the bankruptcy court allowed the airline to reduce their benefits. It so comforting to know that the benefits that were promised to you, that you worked years for and finally were depending on in your golden years can be yanked out from underneath you in an effort to save a two time loser of an airline that, despite all of these efforts, STILL has the worst prospects of survival in the industry!!! GAAHH! (Yes, I know its a run-on sentence but it mimics how it can streaming out of my mouth).

And let's just say for the sake of arguement that US Airways not only survives but does well and begins to prosper (stop laughing and wipe that smirk off your face). Why shouldn't they have to take back all these obligations? I'll say it again, this whole system is busted.