Times are changing

Last night “my airline” was on the verge of filing for bankruptcy.

Today, the unions got together and signed a deal with the company, cutting pensions, increasing work hours per 7 days for the cabin crews and cutting wages for the most senior pilots.

But they did it because they want their company to move on. Into the future.

I’m not saying the company’s future looks very bright, because there are still some very tough economical challenges ahead. But this was definitely a step in the right direction, and the SAS employees deserve every bit of honor in an attempt to save their company.

Europe does not have the Chapter 11 bankruptcy-protection like the US does. But in a sense, what SAS is going through now is restructuring, which is essentially what Ch.11 is all about.

Times are changing in the airline industry. We all need to realize that things are not as golden as it was in the earlier days of flying.
We need to be adaptable to change, but never let it compromise safety.

Cecilie

Posted on November 19, 2012, in aviation and tagged , , , , . Bookmark the permalink. 3 Comments.

  1. Wow, I had not heard how close that was. I’m glad they worked it out, and are keeping their company open. I cannot tell you the years that employees gave, and did that for their US airlines. Sometimes it worked… but all i know are gone anyway. But I’m of the mindset to save your company, if you can. It’s nice to see there is a bit of pride and ownership going on.

    Yes, times are changing for sure. And with change, comes distraction. Safety needs to be on the front of everyone’s minds.

    Thanks for a great post.

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