Congress Or Chaos May Await Us Airways

[basher]

Huhhuh pitbull, alot of hot air and enjoying the temp spot light your in..... all talk.... im still here because i wanna be here, regardless of what some of "you" think! Is it bad? YUP! But im not shutting the baby down like you wanna.... Your in serious denial, and should not be in a position of leadership. I predict that Ms Teddy will not be mec pres for long. Pass that along to HER !~ 🙂

[post="204594"][/post]​

What a tool this fli boi is. Not going to fling too much longer, boi.

A leader stands up.

A leader dosent give 4 and take back 5

Its a shame that the ALPA is not as strong as the rest of us. I guess that may have to do with the percent of ownership they have in the company. Get ready for some RJ training. Time to warm up the little bus, that's all that will be left.

 

[bobcat]

PITbull

You GO girl!!!!!! DO IT TO IT!!!!!!!!!

 

[WestCoastGuy]

All the while, our little fly boi is setting in his room, living at home with his parents, playing on the computer, and enjoying all the benefits of those who's union fought so hard over the years, for everything they now have, only to witness the company yanking it back. Will they get it back without a fight? I dont think so. The majority of his collegues will be fighting and once again, he will reap the benefits of those who elect to take a stand, while he plays with his toys and cry's when he doesnt get his way....Poor baby. GROW UP, KID. And, by the way, welcome to the real world. When life bites you in the a$$, sometimes you gotta just bite it back.

 

[bestservedcold]

Huhhuh pitbull, alot of hot air and enjoying the temp spot light your in..... all talk.... im still here because i wanna be here, regardless of what some of "you" think! Is it bad? YUP! But im not shutting the baby down like you wanna.... Your in serious denial, and should not be in a position of leadership. I predict that Ms Teddy will not be mec pres for long. Pass that along to HER !~ 🙂

[post="204594"][/post]​

Hey fliboi, Didn't I read that you said that you weren't qualified to do anything else where you would make the kind of money you make here, and that was why you were staying?

I remember when they instituted the B scale and I predicted that no one would be lining up to take the job because it simply wasn't worth it. Guess I was wrong because though a lot of good people did indeed join the US workforce at the B scale, lots of folks of your caliber also hired on. Then, those of us with more going for us were forced to work with you!

Now, because this is all you claim to be qualified to do, you expect everyone else to undervalue themselves to keep you comfortable in your mediocre pay, and the likes of 320 wants the same so that he can remain comfortable with his above average pay.

On top of that, you have the utter audacity to slam both PitBull and Teddy, and I know both of them, for having the backbone to demand better treatment for the likes of you! Who do you think you are to determine whom should be in a leadership position? LMAO!

You are certainly not someone who's opinion I would solicit when the question of leadership is up for debate. You don't think enough of yourself, for anyone to put any weight into what you may think of anyone else!

Look at the bright side...The more US keeps demanding of the employees and recieving from them, and the more that the truly qualified folks leave because of that, the closer you actually come to being qualified for the job!

 

[motnot]

USA320Pilot, I'm still interested in hearing your response to my previous post, on the third page of this thread.

 

[Baja4U]

USA320Pilot, I'm still interested in hearing your response to my previous post, on the third page of this thread.

[post="204732"][/post]​

The cat has got a hold on 320's tongue , OH!!! We could'nt be SO lucky !!! GO PITBUL 🙄 🙄 😛

 

[BoeingBoy]

Actually, if I'm not mistaken, the GE deal requires that the deal itself be approved by December 17, and that major cost cuts be approved by Jan. 14.

[post="204512"][/post]​

You are right, motnot. The details are finally on the website with all the BK filings and motions - Docket #914. Here is the timeline of events required:

November 26, 2004 Filing of motion to approve the global GE transaction

December 17, 2004 Final judicial approval of the global GE transaction

December 20, 2004 Closing of the Bridge Facility

January 14, 2005 Final judicial order granting permanent labor contract, retiree health and pension relief in amounts at least equal to the amount of relief requested in the US Airways’ request for relief

January 14, 2005 Implementation of definitive agreements with a third party or third parties to provide the US Airways with at least $100 million of incremental liquidity, cost reductions or concessions during the Chapter 11 Case

January 14, 2005 Implementation of a program reasonably forecasted to produce a mutually acceptable level of annual savings in non-labor costs from the US Airways’ business plan

January 18, 2005 Final judicial order approving extension of ATSB cash collateral order through June 30, 2005 under current terms revised only for restated and reasonable financial covenants

January 18, 2005 Filing of a substantive plan of reorganization reasonably acceptable to GE

January 18, 2005 Closing of the Phase II Transactions

February 18, 2005 Filing of a substantive disclosure statement reasonably acceptable to GE

March 30, 2005 Commencement of the disclosure statement hearing

May 16, 2005 Commencement of the confirmation hearing

May 23, 2005 Final judicial approval of a plan of reorganization reasonably acceptable to GE

June 30, 2005 Plan of Reorganization implementation and emergence from the Chapter 11 Case

Jim

 

[ClueByFour]

January 14, 2005 Implementation of definitive agreements with a third party or third parties to provide the US Airways with at least $100 million of incremental liquidity, cost reductions or concessions during the Chapter 11 Case

January 14, 2005 Implementation of a program reasonably forecasted to produce a mutually acceptable level of annual savings in non-labor costs from the US Airways’ business plan

January 18, 2005 Final judicial order approving extension of ATSB cash collateral order through June 30, 2005 under current terms revised only for restated and reasonable financial covenants

January 18, 2005 Filing of a substantive plan of reorganization reasonably acceptable to GE

[post="204752"][/post]​

Interesting. So, they have to find at least $100 million in DIP or vendor relief from somebody else. Good luck. It also means that the POR basically has to be done in a month and that the ATSB has to sign off on it.

What do you suppose the odds of all those things happening are (most notably the $100 million and a POR finalized)? You would think that GECAS and CCY would have learned what happens when you try to sprint thru bankruptcy, but it seems as if there are suckers (even with very deep pockets) born every minute.

 

[BoeingBoy]

Clue,

I'd love to know what GE considers a "mutually acceptable level of annual savings in non-labor costs from the US Airways’ business plan", considering that our non-labor unit costs are 2 cents (mainline) to 3 cents (Group) higher than WN's.

Jim

 

[Dizel8]

Usfliboi says: "look after our interest not your pride!!!!!!!!!!!!"

Sorry fliboi, but you pride is long gone, as you have shown here! Bend over, take another cut, show them how little you are worth and how desperate you are to keep your job. As someone said at an earlier time, feel free to send whatever you feel the company is overpaying you back. I am sure they will appreciate it!

Don't worry too much, they will probably take you up on your previous offer to crosss the picketlines.

 

[USA320Pilot]

MaitlinPatterson, a large New York City hedge fund, or RSA, a large retirement fund.

Regards,

USA320Pilot

 

[NeedForSpeedNFS]

All the while, our little fly boi is setting in his room, living at home with his parents, playing on the computer, and enjoying all the benefits of those who's union fought so hard over the years, for everything they now have, only to witness the company yanking it back. Will they get it back without a fight? I dont think so. The majority of his collegues will be fighting and once again, he will reap the benefits of those who elect to take a stand, while he plays with his toys and cry's when he doesnt get his way....Poor baby. GROW UP, KID. And, by the way, welcome to the real world. When life bites you in the a$$, sometimes you gotta just bite it back.

[post="204700"][/post]​

Enjoying all of the benefits that were won buy unions over the years???? That was a joke, right? What the hell is left?? You people that are staying, is it really for principal, or is it because YOU are afraid to go back into the "REAL WORLD"!!!!!!

 

[USA320Pilot]

Motnot:

Motnot asked: "USA320Pilot, I'm still interested in hearing your response to my previous post, on the third page of this thread."

USA320Pilot comments: Last week's decision by GE to support the company's formal reorganization increases the odds and my belief that US Airways will emerge from bankruptcy again. For the first time the company has articulated its emergence schedule and is on schedule for another fast track emergence.

The key is a competitive cost structure and a business plan that projects sustained profits.

I understand the single most important supporter was GECAS and then the ATSB and now that the financier is onboard, things look brighter.

In regard to labor unrest, according to the Pittsburgh Tribune-Review, "there were no signs of labor unrest that had threatened to disrupt US Airways' operations" during the Thanksgiving holiday period.

See Story

The USaviation.com forum is not a good barometer of the sentiment of the majority of the employees, as indicated by this weekend's performance. For more information, click on the hyperlink below:

See Story

This week begins a historic period for US Airways and the industry in general, where Judge Mitchell could set aside labor contracts. In my opinion, both the CWA and AFA will reach consensual accords, but I am less optimistic about the 3 IAM units who could see "imposition" as early as December 17.

According to the Pittsburgh Post-Gazette, Teddy Xidas, president of Pittsburgh-based AFA Local 40 and president-elect of the AFA's Master Executive Council at US Airways. Xidas said US Airways' announcement Friday that it had reached a new financing agreement with two units of General Electric Corp. puts additional pressure on the negotiations.

The agreement with GE, which held $2.8 billion in loans, leases and regional jet commitments with US Airways when the airline entered bankruptcy protection, could free up $140 million for the strapped airline. It's like "giving the company a loaded gun with a steadier hand," Xidas said of the GE arrangement, the newspaper reported.

Motnot, in my opinion, the company now has the support of the investment community and the GE deal almost assures that Judge Mitchell will rule in favor of the company's S.1113© motion. Moreover, if history repeats itself, the company's proposals will get worse for any union without a new labor accord. Finally, this weekend's employee performance was exceptional and did not indicate the labor discord supported by the minority of employees.

Best regards,

USA320Pilot

 

[PITbull]

USA320,

You are DEAD wrong.


There is plenty discord. There is a rally scheduled for Dec 14 and 16 in DCA.

Folks are fed up...they are just professional when doing their jobs, and respect the public who fly us.

Employees are madder than hell at this managment. and our paychecks on the 30th for many only puts gas in the car. I personally had a net of $538.03 for my biweekly check...and I'm a topped out senior f/a. You are in giving false perception on this board. You get to keep your house while many of us are losing ours. That's not something to take lightly, pal.

Knock it off!!! :angry:

 

[Rico]

IMO this is all a version of a high stakes poker game.

The cards have been dealt, and now it remains to be seen who has the stronger hand (legally).

Keeping that in mind, I better recognize the "poker face" of the various "players" in this "game", why they have done what they have done, and will do what they will do.

The GE agreement upped the ante, without a doubt.