The owners of the debts fear their hegemonic nepotism empire of do-nothings will have to golf 3 times a week instead of 6, and this year's fleet upgrade may only include avionics, and not in-flight entertainment on all 3 of the Embraers.
They'll just blame it on all the "greedy employees wanting higher wages" and the news will echo it into oblivion and wages will fall and any reasonablely large corporations will get bailouts from the government so the golfing can continue as scheduled.