1 Billion In Financing For Merger
- Thread starter FLYAWAY
- Start date
what they failed to do right the past 2 times was eliminate and consolidate....i do believe they will get it right this time and it will shake things to the very core.fanlube said:
remember all the outsource at the last IAM contract modification?? tip of the iceberg people.....hp will buy us through some manuvering while we are in BK but our name will carry on......i ask,how many heavy checks does HP do???duh........
BoeingBoy
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- Nov 9, 2003
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I'm sorry, xoxo, I thought you meant in US colors, not in house.
From what's been published so far it's still up in the air whether the 170's will be sold to Republic or not. Some of the articles hint that Republic's $125 million equity investment has possibly been replaced but nothing says much one way or the other about the $110 aircraft/slot sale.
After all that, the short answer is that it's up in the air....
Jim
From what's been published so far it's still up in the air whether the 170's will be sold to Republic or not. Some of the articles hint that Republic's $125 million equity investment has possibly been replaced but nothing says much one way or the other about the $110 aircraft/slot sale.
After all that, the short answer is that it's up in the air....
Jim
ClueByFour
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- Aug 20, 2002
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USA320Pilot said:
How many of those investors would be left unsecured if US liquidated tomorrow.
Republic is pretty screwed. Airbus is in a pinch.
The real question is how many entities without exposure are willing to risk large sums of money? From what's leaked thus far, that number is less than "stunning." The sole exceptions to this are Air Wisconsin (who gets to place all the RJs it wants at U at guaranteed profit margins for 10 years) and Air Canada (who will recoup their investment and then some by grabbing heavy from the fools in Alabama).
TPG funding CO and HP singlehandedly was "stunning." This is "begging" (on CCY's part) and "hoping" (on the large equity's part) that Doug Parker can turn the whole thing around.
And before we forget, US has torched thru almost a billion dollars in a bit over two years. Add to that the merger costs, and even 1.5 or 2 billion won't last all that long if current nonlabor costs are not addressed.
USA320Pilot
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- May 18, 2003
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Clue:
The new financing will be about $1.5 billion. Keep up the "naysayer" comments with your "ax to grind". I know -- it's tough for you to be wrong, again.
Regards,
USA320Pilot
The new financing will be about $1.5 billion. Keep up the "naysayer" comments with your "ax to grind". I know -- it's tough for you to be wrong, again.
Regards,
USA320Pilot
Walmartgreeter
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- Mar 6, 2003
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BoeingBoy said:Gonna go learn how to "fiddle with your joystick", greeter?
Jim
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Hey....its all about me! Take care Jim. Mark.
Light Years
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- Aug 27, 2002
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BoeingBoy said:
Ugh, let's hope they stay in house. The thought of some "commuter" flying 100 seat airliners across the nation in US colors while US/HP mainline crews get furloughed doesn't sit well with me at all.
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