PHLLAX:
PHLLAX said; "A non-rev pilot on the same flight said that there are rumors of a deal in the works with UA to take some 757 (RR powered) and 767 aircraft from them. He also said that the 757 reconfiguartion will take place this fall."
Chip comments: RSA holds UA B767 & B757 EETCs and its uncertain whether or not David Bronner and Glenn Tilton will reach agreement on restructuring these deals. RSA could force UA to reject these leases and the aircraft could then be transferred to US. It is my understanding these former UA aircraft could be used for European and new South American service. Furthermore, today the Denver Post reported that UA could exit bankruptcy as early as the fourth quarter, Tilton said, but will probably wait until the second quarter of 2004. In my opinion, UA is having more difficulty exiting bankruptcy and as I have said before, the most likely company to obtain their assets, if they are disposed, is US because of the position of the US chairman of the board and the business partnership between the two companies.
Best regards,
Chip