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Msg ID: 2796852 AMC Officially Files Bankruptcy  +3/-5     
Author:10/14/23
10/24/2023 3:28:59 PM

https://www.airmethodsrestructuring.com/



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Msg ID: 2796854 AMC Officially Files Bankruptcy  +1/-1     
Author:Wow.
10/24/2023 3:37:44 PM

Reply to: 2796852

Hopefully, they won't be cutting any corners.



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Msg ID: 2796855 AMC Officially Files Bankruptcy  +0/-1     
Author:Metoo3
10/24/2023 3:46:27 PM

Reply to: 2796852

How's the new contract coming?



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Msg ID: 2796866 AMC Officially Files Bankruptcy  +5/-0     
Author:really??????????
10/24/2023 7:14:21 PM

Reply to: 2796855

If you are a senior pilot with AMC you WILL BE thrown under the table and buried.

 

Get out while you can.  Find a better company and job.



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Msg ID: 2796867 AMC Officially Files Bankruptcy  +0/-0     
Author:They
10/24/2023 7:17:05 PM

Reply to: 2796866

Won't take your advice 



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Msg ID: 2796870 AMC Officially Files Bankruptcy  +1/-1     
Author:really?????????
10/24/2023 7:18:41 PM

Reply to: 2796867

That's the problem.  Senior pilots working for the same wage a a low time pilot.

AMC laughs all the way to the bank.

The Union.... Does nothing to help.

 

Brother in Arms.... I don't think so.



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Msg ID: 2796877 AMC Officially Files Bankruptcy  +0/-0     
Author:Man complains about heat
10/24/2023 8:33:24 PM

Reply to: 2796870

Doesn't remove hand from stove. You're unhappy? Leave then. If you're so experienced then you should have no problem getting hired at higher rate at another company right?



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Msg ID: 2796977 AMC Officially Files Bankruptcy  +0/-0     
Author:Yep
10/25/2023 10:00:24 PM

Reply to: 2796866

👍🏻👍🏻👍🏻



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Msg ID: 2796871 AMC Officially Files Bankruptcy  +4/-0     
Author:Really?
10/24/2023 7:28:37 PM

Reply to: 2796852

"We value your partnership and want to make sure you are aware of a strategic step we are taking to further strengthen our financial foundation..."   

 

Isn't that the problem?  What is meant by "further strenghten"?  You don't get to BK by having a strong financial position in the first place.  Pure corporate BS.



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Msg ID: 2796872 AMC Officially Files Bankruptcy  +2/-0     
Author:really???????????
10/24/2023 7:31:08 PM

Reply to: 2796871

I bet the big wigs get their bonus of millions, while you will loose the 15K Bonus.

 

Just watch.



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Msg ID: 2796874 What are they going to do on you 401k +0/-2     
Author:And increase?
10/24/2023 7:51:33 PM

Reply to: 2796872

if they're going through bankruptcy especially chapter 11 they usually put a hold on your 401(k) and raises until the restructuring is done, which could actually take a while. PHI employees went without 401kcontributions matching and pay increases for almost a year and a half



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Msg ID: 2796886 What are they going to do on you 401k +0/-0     
Author:PHI did not stop
10/25/2023 12:41:44 AM

Reply to: 2796874

401 contributions during the bankruptcy 



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Msg ID: 2796875 AMC Officially Files Bankruptcy  +0/-0     
Author:I’d bet
10/24/2023 8:15:48 PM

Reply to: 2796872

My life on that 



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Msg ID: 2796921 AMC Officially Files Bankruptcy  +0/-0     
Author:Thought
10/25/2023 2:57:46 PM

Reply to: 2796852

this would have happened much earlier.



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Msg ID: 2796937 AMC Officially Files Bankruptcy  +0/-0     
Author:ummmmm PHI did stop
10/25/2023 4:25:21 PM

Reply to: 2796921

they stopped for a couple months...then lowered their Contribution to 3% instead of 6%  they basically said flat out, if you want the other 3% matched, work hard and make our revenue goal or no bueno.....But they spend $$$$ on crappppp like PVT 



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Msg ID: 2796949 AMC Officially Files Bankruptcy  +0/-1     
Author:yeah since they
10/25/2023 5:42:27 PM

Reply to: 2796937

dialed back the percent on the 401 I've dialed back my gusto, initiative, and willingness to troubleshoot above and beyond by the same rate.

 

that intermittent anticol light gets a slap on the fin now instead of a deep dive rewire.



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Msg ID: 2796978 AMC Officially Files Bankruptcy  +1/-0     
Author:Glad to see this
10/25/2023 10:02:53 PM

Reply to: 2796852

All these loser companies need to go.



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Msg ID: 2797310 AMC Officially Files Bankruptcy  +0/-0     
Author:Yippee Skippee
10/29/2023 5:02:33 PM

Reply to: 2796852

Maybe things will eventually hit an even keel.



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