Quote:
Originally Posted by Socal321  That means there's a strong possibility of out of seniority furloughs if they file BK. But then again if they do file bk it would mean downsizing anyways. I don't know what their contract says about out of seniority furloughs but I'd be woried if I was in an airframe that is not wanted by management. Am I right? |
If they don't get DIP financing, there won't be any downsizing or out of order anything; as every single MAG employee will be on the street and everything will be up for reposession or sale.