snapthis
Veteran
- Dec 23, 2009
- 4,236
- 6,907
MUTATIS MUTANDIS said:
I was a licensed pilot in the 1970's when your buddy Luv was in grade school. I've read it over and over again, yea we're the kids, bankrupt US Airways bought America West with Lakefield's marvelous contacts. The very contacts he could not manage to pull Airways out of the gutter. The same guy who hired Parker and moved the HQ to Tempe.
The problem you have is the arbitrator saw through the BS before and will see it again. I'll give you 187 reasons in addition the 200 I provided in my previous post why you should be concerned. Look what a tie can buy.
What's in your wallet? Not my money....
From this premise, America West contends that its pilots' career
expectations were dramatically better that those at US Airways. In the
America West view, US Airways was a failed carrier at the time of the
merger, an airline nearing liquidation. Its history shows a steady
decline in its fortunes, with no hiring at all between 1990 and 1998, an
unsuccessful Metrojet "airline within an airline" venture, an inability
because of government disapproval to merge with a then stronger
United Airlines, continuing furloughs after September 11, 2001, a
concessionary Restructuring Agreement in July 2002, an August 2002
following emergence from
bankruptcy because of its inability to resolve its structural problems,
and a consequent second bankruptcy in September 2004, after which
its pilots had to make additional concessions of both pay and
all with the that of stand-alone reorganization creditors' committee it is plain that the career expectations of the US
Airways pilots were bleak indeed, with no prospect of growth or
significant advancement even through attrition, and the clear
possibility of no jobs at all.
The America West pilots maintain that the picture at their airline
was not at all similar; that the airline was strong and growing with a
"solid business model and LCC
structure." In addition to the evidence
of its financial performance
the fact is that
360 pilots, close to 20% of
the work force, had been hired between 11/4/02 and the date of the
returning furloughees. In addition, at the time of the merger, America
already taken delivery firm 19
all of which were to be delivered by 2007, which,
would have produced 300 West West Representatives concede that scheduled
the Company's ATSB potential liquidity
for the however, the evidence of
performance and the of financing as well as possibility of point where merit serious consideration.
one views the financial position of the position of US is viewed in the lights, the career expectations of the America West pilots on May
19, 2005 were far of the US Airways West also asserts consideration be given happened the merger and the negative effect have had on America pilots while benefiting who
Though US Airways was to return 25 aircraft as
from its fleet, 17
merger. This, in contrast to the picture at US Airways, where there
were no new hires after 4/7/00 and, as of the date of merger, no
the time of the merger, America
West had already taken delivery of 3 A320's and had orders for 19
others, all of which were to be delivered by January 2007, and which,
along with attrition, would have produced 300 new America West pilots.
The America West Representatives concede that the scheduled
repayments of the Company's ATSB loan created potential liquidity
problems for the airline. They assert, however, that the evidence of
Company performance and the availability of financing as well as the
distinct possibility of principal payment postponement minimized such
concerns to the point where they do not merit serious consideration.
However one views the financial position of the carriers, and even if
the position of US Airways is viewed in the most of favorable lights, the
fact is that the career expectations of the America West pilots on May
19, 2005 were far superior to those of the US Airways pilots.
http://leonidas.cactuspilots.us/West_Pilot_DFR_DJ/D13-3_WEST_PILOTS_EXCERPTS_OF_RECORD_Vol_II.pdf
