20 Cuts In Pittsburgh

[USA320Pilot]

Bruce Lakefield told ALPA on Wednesday in "open session" that the company could reject A330 leases due to the heavy maintenance cost to maintain cash flow and US Airways Leasing and Sales Department has been contacting interested parties telling them the Arlington-based airline obtaining used B767-200s "on the cheap".

End of story, period.

By the way, who first said on this website that the company could reject A330 leases before it was released to the union?

Separately, as an ancillary cost benefit, US Airways could then furlough more mechanics implementing more incremental "pain" on the union, but that’s the employee’s choice.

Respectfully,

USA320Pilot

 

[to much time to quit]

Separately, as an ancillary cost benefit, US Airways could then furlough more mechanics implementing more incremental "pain" on the union, but that’s the employee’s choice.

Respectfully,

USA320Pilot

[post="168343"][/post]​

Unfortunately many of the guys I speak with on a daily basis are wanting their furlough papers. So none of this scares anyone.

Respectfully,

TMTTQ

 

[USA320Pilot]

In bankruptcy, the company could ask the court for severance pay relief, so the “naysayersâ€￾ can give them self more “painâ€￾ with no severance, no benefits, no pass privileges to help find other jobs, especially for those in Pittsburgh and Charlotte.

It’s too bad, but it’s an employee’s choice to inflict more pain on them self.

Tic-Tic-Tic-Toc…

Respectfully,

USA320Pilot

 

[to much time to quit]

In bankruptcy, the company could ask the court for severance pay relief, so the “naysayersâ€￾ can give them self more “painâ€￾ with no severance, no benefits, no pass privileges to help find other jobs, especially for those in Pittsburgh and Charlotte.

It’s too bad, but it’s an employee’s choice to inflict more pain on them self.

Tic-Tic-Tic-Toc…

Respectfully,

USA320Pilot

[post="168348"][/post]​

Don't worry when the chapter 7 arrives you will also join in the PAIN. Its time for the little lady to dust off the MBA and join the rat race.

 

[USA320Pilot]

On Wednesday I sat in on a 4.5 hour meeting with Bruce Lakefield and ALPA leaders on what could occur in Chapter 11 and the plans necessary to survive. There is a very thoughtful approach on how to conduct a pre-packaged Chapter 11 filing to manage cash flow and move on.

According to the Charlotte Business Journal, Bill Warlick, Fitch Rating Airline Analyst and the ATSB's Loan Guarantee Application Auditor said, "The threat of (US Airways) bankruptcy is more real now. There is a pretty good chance that (creditors) will take some action by October if the company doesn't meet those covenants."

Airline analyst Mike Boyd is more upbeat, saying that simply showing an increased quarterly profit demonstrates that US Airways has begun to turn its financial fortunes.

In any event, the analysts agree a second Chapter 11 filing would not necessarily be a disaster. Boyd notes Continental Airlines Inc. went through that ringer twice and is doing well. And Warlick thinks US Airways has sufficient liquidity that its creditors would not force liquidation of the company.

"I think they will be given a shot at restructuring again," he says.

The company is working on a pre-packaged bankruptcy filing (if necessary) and the company is talking to the ATSB, according to US Airways chief financial officer Dave Davis who spoke to the ALPA MEC Wednesday (by the way, who first reported this on this website?). Moreover, if I find interesting that the ATSB's auditor said, "I think they (US Airways) will be given a shot at restructuring again."

Complete Story

Respectfully,

USA320Pilot

 

[whlinder]

On Wednesday I sat in on a 4.5 hour meeting with Bruce Lakefield and ALPA leaders on what could occur in Chapter 11 and the plans necessary to survive. There is a very thoughtful approach on how to conduct a pre-packaged Chapter 11 filing to manage cash flow and move on.

According to the Charlotte Business Journal, Bill Warlick, Fitch Rating Airline Analyst and the ATSB's Loan Guarantee Application Auditor said, "The threat of (US Airways) bankruptcy is more real now. There is a pretty good chance that (creditors) will take some action by October if the company doesn't meet those covenants."

Airline analyst Mike Boyd is more upbeat, saying that simply showing an increased quarterly profit demonstrates that US Airways has begun to turn its financial fortunes.

In any event, the analysts agree a second Chapter 11 filing would not necessarily be a disaster. Boyd notes Continental Airlines Inc. went through that ringer twice and is doing well. And Warlick thinks US Airways has sufficient liquidity that its creditors would not force liquidation of the company.

"I think they will be given a shot at restructuring again," he says.

The company is working on a pre-packaged bankruptcy filing (if necessary) and the company is talking to the ATSB, according to US Airways chief financial officer Dave Davis who spoke to the ALPA MEC Wednesday (by the way, who first reported this on this website?). Moreover, if I find interesting that the ATSB's auditor said, "I think they (US Airways) will be given a shot at restructuring again."

Complete Story

Respectfully,

USA320Pilot

[post="168357"][/post]​

Isn't the title of this thread "20 Cuts in Pittsburgh?"

 

[delldude]

The company is working on a pre-packaged bankruptcy filing (if necessary) and the company is talking to the ATSB, according to US Airways chief financial officer Dave Davis who spoke to the ALPA MEC Wednesday (by the way, who first reported this on this website?).

i must say you are quite saavy and never let ego tie you down.some of your repetitive ramblings can be rather munndane at times.thanks anyways... <_<

 

[delldude]

The company is working on a pre-packaged bankruptcy filing (if necessary) and the company is talking to the ATSB

after the curt responce UAL recieved from ATSB i wouldn't be counting too many positive chickens too soon.

 

[E-TRONS]

Hey Capt,

You are so certain that UAIR can simply shed it's maintenance dept as if they just need to simply turn a key. But I have a question for you.

Have you or any of your "expert" informants bothered to consult the FAA on such doings?? Maybe you should and I can promise you that you will not be as smug as you have been with this issue.

Then again, just continue on as you do. It will be your face with the egg on it in the end. You are just simply too professional to realize it.

Maybe you should call Bronner up and ask him if they need any help pounding sand

 

[700UW]

In bankruptcy, the company could ask the court for severance pay relief, so the “naysayersâ€￾ can give them self more “painâ€￾ with no severance, no benefits, no pass privileges to help find other jobs, especially for those in Pittsburgh and Charlotte.

It’s too bad, but it’s an employee’s choice to inflict more pain on them self.

Tic-Tic-Tic-Toc…

Respectfully,

USA320Pilot

[post="168348"][/post]​

Sounds like someone needs the EAS.

What are you gonna be flying when they go down to 100 narrowbodies, 30 widebodies and 400 RJs?

That is the real plan.

But see all us naysayers are masochists, so bring on the pain. But there is a fine line between pleasure and pain.

But see we are not scared of find new work if that happens, but in reality we ALL know you are terrified.

 

[USA320Pilot]

I believe the AFA will reach a new labor accord shortly after ALPA obtain a TA, probably by the end of next week. My guess is that there will be a deal on August 18 between ALPA and the Company.

Respectfully,

USA320Pilot

 

[USA320Pilot]

E-Trons:

US Airways does not want to "shed its maintenance dept", but the IAM is giving the company no choice. US Airways has said that it wants to meet on the A320 issue and a new contract to cost effectively conduct maintenance in-house.

Nobody wants to see this fight, but the IAM is giving the company no alternative because of their unwillingness, so far, although there is reason to believe that is changing, to participate in the new business plan.

There are two options: US Airways and its mechanics work out an agreement or the IAM will see "imposition", just like any other labor group.

Basically, the IAM has given the company no options due to the economic realities of the marketplace. It's really too bad because many IAM members could get "whacked" and nobody wants to see this, but again I fully support their choice to let this happen.

Respectfully,

USA320Pilot

 

[700UW]

E-Trons:

US Airways does not want to "shed its maintenance dept", but the IAM is giving the company no choice. US Airways has said that it wants to meet on the A320 issue and a new contract to cost effectively conduct maintenance in-house.

Nobody wants to see this fight, but the IAM is giving the company no alternative because of their unwillingness, so far, although there is reason to believe that is changing, to participate in the new business plan.

There are two options: US Airways and its mechanics work out an agreement or the IAM will see "imposition", just like any other labor group.

Basically, the IAM has given the company no options due to the economic realities of the marketplace. It's really too bad because many IAM members could get "whacked" and nobody wants to see this, but again I fully support their choice to let this happen.

Respectfully,

USA320Pilot

[post="168449"][/post]​

How many times do I have to tell you the same information? But you will never understand because you are scared because the IAM is not backing down and it is jepordizing your $200,000 a year income.

And I find it ironic you are more concerned about the IAM employees then your own ALPA brothers and sisters. Your obsession shows your are terrified of the consequences of workers who have actually said enough is enough.

And explain how your 1113 letter prevented the second round of concessions and the termination of your pension?

Oh, wait you won't because it is not worth the paper it is written on!

The company's plan for maintenance is:
Total Elimination of 1,008 Utility workers
Total elimination of Stock Clerks
Total elimination of GSE, Plant Maintenance, Shops.
Total elimination of Base Maintenance
Elimination of at least 2,009 mechanics with upwards of 2,500.
Elimination of the scope language.

There is no, none, zero reasons for the IAM to meet with the company. Our mechanics are effiecent and cost-effective, but the company wants to pay a vendor who pays their employees $13 an hour to overhaul the plane your flying.

The IAM has given the company millions of dollars in concessions all ready pnly to see our contract violated on a daily basis.

The IAM has also given tens of millions of dollars in cost-saving ideas that have not been acted upon.

The company has hired more Directors, Managers and Foreman, yet the rank and file employee counts has decreased.

So like numerous posters have told you, mind to your own union and its business and leave the IAM members alone, because your constant postings of false information, threats and intimidation only makes the IAM members more resolved to keep the current stance when an outsider keeps annoying them.

 

[700UW]

Bruce Lakefield told ALPA on Wednesday in "open session" that the company could reject A330 leases due to the heavy maintenance cost to maintain cash flow and US Airways Leasing and Sales Department has been contacting interested parties telling them the Arlington-based airline obtaining used B767-200s "on the cheap".

End of story, period.

By the way, who first said on this website that the company could reject A330 leases before it was released to the union?

Respectfully,

USA320Pilot

[post="168343"][/post]​

Boy if Brucie did that would eliminate a bunch of pilots who make in over $200,000 a year, good cost savings, and you know what they can get rid of nine planes and it would not effect one mechanic in base maintenace because there are plenty of other planes to fill the nine tracks, US is running behind on the 757 HMV, so it would free up to increase the 757s in base.

 

[delldude]

The company's plan for maintenance is:
Total Elimination of 1,008 Utility workers
Total elimination of Stock Clerks
Total elimination of GSE, Plant Maintenance, Shops.
Total elimination of Base Maintenance
Elimination of at least 2,009 mechanics with upwards of 2,500.
Elimination of the scope language.

well made point 700.
why the heck should anyone waste time talking with the company when they want this...it will go the same way in BK...so screw it.
maybe we can take a few senior flyboys and share our "painful clause".