snapthis
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You got one thing right....luvthe9 said:Do you really want a seat on your own, a bankrupt airline on the verge of liquidation, no future potential other than to ride on our coat tails...
"This was US Airways' second Chapter 11 filing since August 2002. The first filing came after federal regulators rejected a proposed merger with UAL Corp.'s United Airlines, followed by the industrywide collapse caused by the Sept. 11 attacks.
US Airways thought it had corrected its problems in the first bankruptcy, but it failed to anti-cipate rising fuel costs and rapidly increasing competition from low-cost carriers like Southwest Airlines (LUV), which began flying out of US Airways' hub in Philadelphia.
US Airways is one of four major U.S. carriers in bankruptcy protection, along with United Airlines, Delta and Northwest"
http://usatoday30.usatoday.com/money/biztravel/2005-09-16-us-air_x.htm
In 2005, a financially solvent America West Airlines bought US Airways out of bankruptcy, creating one larger airline that kept the US Airways name.
At the end of November 2004, US Airways had more than 1,870, or nearly 33 percent, of its pilots on furlough. The airline has the largest amount of furloughs in the industry.
Under the terms of a transition agreement with ALPA for both carriers, America West must offer furloughed US Airways pilots any new pilot openings at America West.
US Airways had a significant number of pilots on furlough status at the time of the merger, so the parties agreed that America West could not hire new pilots until all furloughed US Airways pilots had been offered recall. Separate operations under separate seniority lists would continue until two events took place: the completion of an integrated seniority list and the negotiation of a single collective bargaining agreement. Within twelve months thereafter, operations would be consolidated under a single Federal Aviation Administration operating certificate and the single seniority list would govern.
The Pilot Furloughs
In the years since the merger, US Airways has offered recall to all of the East Pilots who were previously furloughed. Eight hundred of those pilots accepted recall. US Airways has brought in about 100 additional New Hires. But with the airline industry now in decline, US Airways has begun the process of furloughing approximately 300 pilots, starting on October 1, 2008. Because the furloughs are separately administered within each of the merged airlines, some West Pilots are being furloughed in the West Operations while East Pilots junior to them on the Nicolau merged seniority list are retained in the East Operations. US Airways may operate the two airlines separately under the plain terms of the Transition Agreement, but only because operations are not yet consolidated and a merged seniority list is not in effect. Allegedly, West Pilots are also being furloughed ahead of New Hires, which the Transition Agreement is claimed to proscribe even during separate operations.