Any News On The Oct 12 Hearing?

[ClueByFour]

No, not at all because the fundamentals have changed. Explosive LCC growth with capital market support, more internet booking, increased security costs, and energy prices have caused the business plan problem. The new labor standard is being established by the LCC’s and either US Airways and its union’s adapt, either via imposition or consensual new labor accords, or the airline will likely fail.

[post="190666"][/post]​

Please stop making this stuff up.

With the exception of the energy cost, every single one of those factors was well known (apparently to everyone except CCY). In fact, with the exception of the security costs, each of the other things (LCC growth w/capital support, internet booking) have been clear for years. Before 9/11, even.

However, with labor contract imposition and new ATSB agreement expected in short order, the cuts and continued government backed financing could be approved by the court no later than Friday. I suspect these developments, plus ALPA TA ratification next Friday, will put significant pressure on the AFA, IAM, and CWA to obtain new labor deals.

Wishfull thinking. The CWA and AFA will be able to find work that pays as well as the post-concession rate from US, and the IAM-M members can probably find better paying positions. The only reason that ALPA is bending over again is because pilots cannot replace $150k in today's environment (in any great numbers, and this assumes that the T/A is actually ratified). The IAM-M can (and probably will) shut the place down, and there is absolutely nothing that ALPA can do about it (witness Pollack today--I wonder why we can't outsource A320 flying to Mesa--same quality).

 

[delldude]

the time is now to worry about the 10/14 hearing,specifically the 1:30pm one.......

 

[NeedForSpeedNFS]

Can you ask him what the next PowerBall Numbers will be?

Who will win the next Kentucky Derby?

What team will win the World Serier?

What team will win the Super Bowl?

[post="190640"][/post]​

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[funguy2]

Seeking:

No, not at all because the fundamentals have changed. Explosive LCC growth with capital market support, more internet booking, increased security costs, and energy prices have caused the business plan problem. The new labor standard is being established by the LCC’s and either US Airways and its union’s adapt, either via imposition or consensual new labor accords, or the airline will likely fail.

[post="190666"][/post]​

Its a damn shame that the management of this company has yet to initiate that business plan... We're all still waiting.

 

[funguy2]

Great post Clue By Four... You are right... From Southwest's website, under About SWA/History:

1996: Ticketless Travel Online debuts on southwest.com.

2004: US Airways complains about the LCC's with their efficient on-line booking engines.

 

[usfliboi]

You cant implement the buisness plan untill cost are in order. You cant charge 100 dollars for a one way tkt when your cost structure doesnt support that ? What about that do you not understand?

 

[oldiebutgoody]

You cant implement the buisness plan untill cost are in order. You cant charge 100 dollars for a one way tkt when your cost structure doesnt support that ? What about that do you not understand?

[post="190872"][/post]​

I know. Get rid of a few more of the company shills. You guys better hope the wheels stay on this thing (they're getting looser all the time), as NO other airline will hire you with your "anything they want, just don't effect me" attitude. Same goes for 320pilot.

 

[funguy2]

You cant implement the buisness plan untill cost are in order. You cant charge 100 dollars for a one way tkt when your cost structure doesnt support that ? What about that do you not understand?

[post="190872"][/post]​

And what part of the company structure has been changed?

PIT Hub Closed? Not yet
PHL Hub Rolled? Not yet
LGA/DCA/BOS focus cities re-focused? Not yet
Fleet simplified (or even contemplated)? Not yet
Express carriers simplified? Not yet
Other cost savings initiatives taken? Many fall in the not yet category.

USA320Pilot keeps harping on the fact that the industry changed overnight... In some ways, it did (i.e. cost of oil/jet fuel). In some ways, it did not. Southwest has been booking tickets online since 1996 (8 years) and encroaching on USAir(ways) territory since 1991 (13 years). AirTran (nee ValuJet) was born in 1993 (11 years ago). And yet, only now are LCC's viewed as a threat.

And by the way, restructuring the airline will reduce costs... You know, by more efficient utilization of assets and people. You know, the A320 lease does not get any more expensive if you fly the airplane more. Wages do not have to increase in order to make people more efficient. (Yes, I know there are variable components like additional MX with additional utilization). And yet it still has not been done. What part of that do you not understand?

 

[WestCoastGuy]

It seems that the only thing some people understand is keeping the job at any cost. Forget self worth, self sacrafice, self needs....just keep working till the pay goes to minimum wage and the company finally shuts down, because even with everyone's pay level at minimum, it still can not make a profit.

 

[seeking the truth]

Seeking:

No, not at all because the fundamentals have changed. Explosive LCC growth with capital market support, more internet booking, increased security costs, and energy prices have caused the business plan problem.
Respectfully,

USA320Pilot

[post="190666"][/post]​

seeking the truth replies: correct me if I'm wrong, but the above mentioned was happening prior to the first bankruptcy, during the bankruptcy, and till this day continues to happen. The plan was a failure and so was Siegel. ( As far as returning the airline to profitability). The reason for entering the first time.

Can't say he (Siegel) was a complete failure cause he was able to peel A SUBSTANTIAL amount of coin away from RSA !!!