February 25, 2010 - The Air Line Pilots Association, Int’l (ALPA), welcomes legislation introduced in Congress that would comprehensively overhaul the U.S. Bankruptcy Code to better protect U.S. workers and prevent companies from exploiting the process to reward executives and deny employees their collective bargaining rights.

“Employees who have helped build a company and contribute to its bottom line deserve to be treated equally and fairly in the bankruptcy process,” said Capt. John Prater, ALPA’s president. “ALPA commends Sen. Dick Durbin (D-Ill.) and Rep. John Conyers (D-Mich.) for introducing this legislation to put transparency back in the process, stop companies from rewarding executives for declaring bankruptcy, and ensure that any cuts to workers’ pay or benefits are truly needed and fair in comparison to sacrifices by other stakeholders.”