ALPA/USAPA topic of the week

[N924PS]

page two jimbo, seabury solicites ameria west as a hedge to stand alone plan

You might want to cut back on the booze there Nos. Your starting to slur your words.

 

[nostradamus]

I was treating you as an adult and a professional, my bad.

If you can read you will see that I have made no assumptions. I only point this out because you seem fixated on the point.

"Unfortunately I am unable to do that so you will continue to live under the assumption that USair was going to continue hemorrhaging cash yet survive indefinitely."

If you read it slowly you will see that I was accusing you of accepting a false premise; the assumption that USair was going to continue to operate without money.

Unfortunately for you. I assume nothing except for the fact that you have no facts.

 

[nostradamus]

You might want to cut back on the booze there Nos. Your starting to slur your words.

Courageous post sir. Who needs facts when you can attack the messenger.

 

[ableoneable]

Unfortunately for you. I assume nothing except for the fact that you have no facts.

OOOKAY...

I am going to step away.

If I persist in arguing with a rock it is me who is the fool.

 

[N924PS]

Courageous post sir. Who needs facts when you can attack the messenger.

That seems to be your modus operandi, not mine.

Any time a poster attempts to engage you in real dialogue you call them names. Now that's courageous.

 

[nostradamus]

That seems to be your modus operandi, not mine.

Any time a poster attempts to engage you in real dialogue you call them names. Now that's courageous.

Provide a link to your accusations sir and explain it in context of your argument.

 

[BoeingBoy]

I provided links to the stand alone plan.

Only in your dreams.....

All you have provided is links to documents that mention some supposed standalone plan - certainly not links to any standalone plan. So proof, Nos - where's the details of how this mythical plan was going to be successful. I'll take revenue projections, financial estimates, etc. Other than that, you've done nothing but latched onto a couple of words in what's basically a PR document for Luth and his asscoiates. Hardly proof of anything.

I once quoted the words of support for the merger, which were filed with the BK court under oath by management. Words which said that a standalone plan wouldn't work and that the merger was the only viable option for US. So I'll quote them again - probably won't dispel the fantasy that some have about a vibrant, profitable standalone US but here it is:

By the end of the first quarter of 2005, it was becoming increasingly apparent that even with all of the cost reductions it had achieved through its first and second Chapter 11 proceedings, US Airways still did not have a viable plan to continue as a business on a stand-alone basis. No investor would come forward and provide the additional investment to fund a stand-alone plan, based on financial projections which did not demonstrate sustained viability.

At that time, the Company’s management gave much consideration to the question of whether or how a stand-alone plan could be achieved. The only possibility of a feasible stand-alone plan would have required a massive downsizing, pursuant to which more than one-half the employees would lose their jobs, and the fleet and scope of operations would be greatly reduced. Ultimately, we were not able to develop such a feasible downsizing model on a detailed basis, in part because we knew that we lacked the liquidity to transition from a larger airline to a smaller airline, as any such transition necessarily has revenue reductions occurring at a faster initial rate than cost reductions. The Company did not have the resources to transition to a small carrier.

In contrast to efforts to develop a stand-alone plan, as work continued to be
done on the possibility of a merger with America West, it became apparent that through the
synergies involved in the business combination, a business plan could be generated that
showed the prospect of sustained viability and vitality, even in an extraordinarily difficult
business environment. Thus, it was not surprising that, when creditors and investors were
shown the business model of a combined US Airways/America West entity, such a plan
attracted additional debt and equity financing.

Bruce Lakefield, Declaration to the BK court filed 9/14/2005

Ok Nos - where are your facts.

Jim

 

[nostradamus]

Only in your dreams.....

All you have provided is links to documents that mention some supposed standalone plan - certainly not links to any standalone plan. So proof, Nos - where's the details of how this mythical plan was going to be successful. I'll take revenue projections, financial estimates, etc. Other than that, you've done nothing but latched onto a couple of words in what's basically a PR document for Luth and his asscoiates. Hardly proof of anything.

I once quoted the words of support for the merger, which were filed with the BK court under oath by management. Words which said that a standalone plan wouldn't work and that the merger was the only viable option for US. You're good with Google search - find those words yourself.

Jim

Links jim

 

[nostradamus]

Boeing Boy

"I once quoted the words of support for the merger, which were filed with the BK court under oath by management. Words which said that a standalone plan wouldn't work and that the merger was the only viable option for US. You're good with Google search - find those words yourself."



No jim, the burden of proof is on you , you can not accuse someone of being misinformed and ask them to "google" their rebutal.

 

[BoeingBoy]

No jim, the burden of proof is on you , you can not accuse someone of being misinformed and ask them to "google" their rebutal.

No - you're the one that claims the existence of a standalone plan so the ball is in your court - provide links to this standalone plan, not some mention of it's possible existence. Even your link says that the "standalone plan" was nothing more than the transformation plan laid out for the court when US filed BK2 - i.e. cut costs and hope to be profitable.

BTW, I went to the effort to save you Google trouble and edited my post to include the words of Bruce Lakefield one more time.

Jim

 

[nostradamus]

No - you're the one that claims the existence of a standalone plan so the ball is in your court - provide links to this standalone plan, not some mention of it's possible existence. Show the world the numbers, projections, etc.

BTW, I went to the effort to save you Google trouble and edited my post to include the words of Bruce Lakefield one more time.

Jim

Thanks for the link I requested jim. The Seabury document was quoted that a stand alone plan was there. Then they mentioned 2 billion dollars worth of investments provided. Jim you write the Seabury group and tell them they are full of manure, if you do not get your way threaten them with the whole weight of the ffocus group.

 

[BoeingBoy]

Heck, besides posting the words of Lakefield I'll even make it simplier:

Link

Have fun.

Now your turn - where's the link to the standalone plan you claim both existed and insured success.

Jim

 

[BoeingBoy]

The Seabury document was quoted that a stand alone plan was there. Then they mentioned 2 billion dollars worth of investments provided.

Typical - skip over the little fact that all but a small portion of that came in after the merger was the only plan. So provide proof that the money would have been there anyway......

I've provided Lakefield's own words concerning the standalone plan - what have you got?

Jim

 

[nostradamus]

Heck, besides posting the words of Lakefield I'll even make it simplier:

Link

Have fun.

Now your turn - where's the link to the standalone plan you claim both existed and insured success.

Jim

Jim you gave me a link that is akin to providing the name of Smith in a New York phone book. Narrow down your proof that a stand alone plan would not work.

 

[767jetz]

Boy, this has gotten entertaining.

Jim, I don't think you'll ever get your answer. I have a feeling Nos will be on his way to the corn field pretty soon. Just in time to save him from having to answer any questions.

I commend you for your patience, and for keeping on topic and not allowing him to successfully redirect.