American Airlines creditors want to talk merger

[usa1]

If Parker came up with enough money to save the pentions and merge the companys wouldn't that be a win (aa) win (us) win (pbgc)?

 

[damajagua]

Im an exTWA Employee and I look forward to the day the most Senior AA employees get stapled to US or Delta's seniority list. I will throw a party for my exTWA friends.

You will die in that misery because thanks to you and TWA'rs there is no more
stapling. Thank you!!!

 

[BoeingBoy]

If Parker came up with enough money to save the pentions and merge the companys wouldn't that be a win (aa) win (us) win (pbgc)?

How is he going to put forth a believable POR with that kind of cost increase? How is he going to even make payments on that kind of money? Pay everyone minimum wage with the DB pensions being the only benefit?

Plus, bankruptcy law specifies that all creditors be treated basically the same. How do you increase employee costs $1 Billion or more per year, not give the other creditors a scalping, and pretend that the result of merging one airline losing money with another barely making money will result in a carrier that will be profitable?

Jim

 

[ebwgs]

I have never looked or posted on the USAirways board on this forum.

The pilot forums elsewhere are spammed with thread after thread of east vs. west civil war. Why would I want more of that "news" here?

Why are YOU here?

Because my browser brought here.

 

[usa1]

How is he going to put forth a believable POR with that kind of cost increase? How is he going to even make payments on that kind of money? Pay everyone minimum wage with the DB pensions being the only benefit?

Plus, bankruptcy law specifies that all creditors be treated basically the same. How do you increase employee costs $1 Billion or more per year, not give the other creditors a scalping, and pretend that the result of merging one airline losing money with another barely making money will result in a carrier that will be profitable?

Jim

How did the auto companies do it three years ago? Last I read he and his venture capitalist buddies were willing to come up with "many billions" to put it together? Most of the wealth on wall street these days came from dumping pensions, and screwing workers, and the rest from outsourcing US manufacturing jobs to China ..... Maybe some of it should flow back where it belongs. If these fat cats want to do big mergers, buy billions of dollars worth of new airplanes maybe they should be required to earn profits while running an airline and treating their employees fairly at the same time? Not by dumping pension and healthcare on the government?

Since the government played it's roll, deregulation, and over the years encouraging too much competition ... in order to drive down labor, maybe it's time for it to change it's over-site philosophy.

Bottom line is there are too many seats out there and the airlines can't charge enough to support themselves and it's workers. Seats have to be reduced and ticket prices have to go up. Pensions need to stay with the companies and not on the taxpayers?

 

[CactUS4Ever]

You will die in that misery because thanks to you and TWA'rs there is no more
stapling. Thank you!!!

s
Better yet I can't wait for the day AA files chapter 7 and you and the AA'ers that disrespected us exTWA'rs apply aapply as a new hire at Delta. Karma is a biatch isn't it boyyyyyyy

 

[FA Mikey]

Bitter betty alone in her misery. But you at the perfect company for it.

 

[bluebird]

US escaped liquidation twice and terminating DB pensions was part of the reason they escaped. So it seems that what was good for the goose (US) should be good for the gander (AA). Or are you saying that some of the geese (US/UA/DL/NW) had the right to get fat by dumping pensions but the lone goose that hasn't done that yet should starve to death so the vultures (now US/DL/UA) can feed on the carcass.

Are you quite finished with the goose gander bit? <_<

 

[bluebird]

Pensions need to stay with the companies and not on the taxpayers?

It would be wrong to dump our problem on the taxpayer. If pensions are gone—so be it. We have no right to ask the taxpayer to foot the bill (Ex 20:15).

 

[usa1]

Are you quite finished with the goose gander bit? <_<

What are you worried about .... you're a bluebird!

 

[bluebird]

Better yet I can't wait for the day AA files chapter 7 and you and the AA'ers that disrespected us exTWA'rs apply aapply as a new hire at Delta.

I’m sorry you feel this way. I like my TWA co-workers. I respect them for their hard work and enjoy their company very much when we spend time together in our LGA crash pad. We play Scrabble®.

“Karma is a biatch isn't it…”

There is no karma (Deut 32:38). :wacko: Visit us at theologyonline.com someday.

 

[bluebird]

What are you worried about .... you're a bluebird!

Not this airline—that’s for damn sure (Ps 111:10). :wacko:

 

[IORFA]

Once again, you can STILL staple. The other side just has to agree to it. Likely , no. Possible, yes. Why do some people still not get that? Southwest was trying to do just that to Frontier. Frontier should have done it, look what happened to them since. Please use FACTS on here and not just hot air. Especially those "former" employees of a certain extinct airline. You know the one, that happens to work for pennies at an even more disfunctional work place.

 

[AAviator]

How did the auto companies do it three years ago? Last I read he and his venture capitalist buddies were willing to come up with "many billions" to put it together? Most of the wealth on wall street these days came from dumping pensions, and screwing workers, and the rest from outsourcing US manufacturing jobs to China ..... Maybe some of it should flow back where it belongs. If these fat cats want to do big mergers, buy billions of dollars worth of new airplanes maybe they should be required to earn profits while running an airline and treating their employees fairly at the same time? Not by dumping pension and healthcare on the government?

Since the government played it's roll, deregulation, and over the years encouraging too much competition ... in order to drive down labor, maybe it's time for it to change it's over-site philosophy.

Bottom line is there are too many seats out there and the airlines can't charge enough to support themselves and it's workers. Seats have to be reduced and ticket prices have to go up. Pensions need to stay with the companies and not on the taxpayers?

What does an auto industry government bailout have to do with AA's CH 11 filing?

 

[bluebird]

Bitter betty alone in her misery...

Help us out, AANOTOK. “I need to buy a vowel (Ingraham).” :huh: