Exit Financing & The Future

[700UW]

It took a bankruptcy court judge to TEMPORARILY allow outsourcing of the A320 family to this date only about 15 have been done. The next check will be brought in-house, no more vendor work on the 320 family to MAE and the $15 million judgement the IAM won will come in handy too.

The case was won, the company had to pull another legal manuever by a judge who is in their back pocket.

 

[SpinDoc]

Spin,

You could not be more far off base.

No one wins in a bankruptcy.

[post="241773"][/post]​

You didn't read what I said. I said very
clearly that the past is the past (legally
and officially) and the ball is now in the
court of the BOD. If they are unable to
make it work with what they have, US
deserves to go down. In my opinion,
they will make it work because they
will be able to compete with the LCC's
with the lower cost structure, and they
will be able to bleed some of the other
legacy carriers when Go Fares are
introduced system wide. Whether you
recognize it or not, US is in a unique
position right now because they will
be the FIRST legacy carrier with the
ability to set the fares in a given market
and see them through while the legacy
carriers and their higher debt and cost
structures bleed.

 

[repeet]

Don't worry, your wallet will open up once again and you will gladly give Glass more because you are a scared individual.

And at least my wallet will never open for Glass ever again.

[post="241707"][/post]​

Sorry 700UW.

Your wallet will open, whenever the cowardly 61% forces us to. And if we don't like it, we can quit.

I agree with your earlier assessment. That the company will come back one more time before exiting bankruptcy, about May. Then, our sniveling membership will lower the American working mans wage, yet again.

 

[700UW]

No my wallet will not open as I am going to be outsourced just like your shop is going to be.

 

[USA320Pilot]

700UW:

It is clear that you are an argumentative person and truly uninformed. You are told things over and over and refuse to “confront realityâ€￾. US Airways negotiated with UAL on the UCT and then the ICT and as I told you, Dave Siegel finally admitted to me and the F/O on my jumpseat (just prior to his departure from the company) about the deal.

Furthermore, how many times did David Bronner tell the news media that he was interested in acquiring UAL assets for US Airways. During the process, other modeling conversations were held with Northwest.

In my opinion, US Airways would win the Airbus arbitration because the company wins most cases, but they did not. However, the company has conducted every A320 overhaul and elected to bring the work in-house and take more from the IAM than the original “askâ€￾. The company had the option to impose even more “painfulâ€￾ cuts on the IAM, which was the only union to have their contract terminated.

US Airways has elected to take the greatest amount of employee cost cuts from the IAM and will outsource a lot of IAM positions, instead of moving overhaul. By the way, I understand Dothan, AL was the potential heavy maintenance location.

US Airways could care less where the cost cuts come from, as long as they occur.

Finally, you failed to answer my question, which is not unusual for a person who refuses to “confront realityâ€￾. However, which union provided the greatest amount of concessions and by that standard suffered the greatest amount of "pain"?

Regards,

USA320Pilot

 

[700UW]

If you count BOTH groups, IAM Mechanic and Related and Fleet Service, TWO GROUPS, not ONE, they gave $353 million for 8,800 people.

Still less percentage wise then your group.

Ah more cockpit chronicles and illegal SEC Violation conversations in your jump seat.

If you think we believe that, I got some ocean front property in Arizona for you to purchase.

And like I have told you numerous times, you are not an IAM member, IAM representative nor a member of the negotiating committee.

You were not at negotiations, therefore you have no idea of what the company elected to do or not to do.

Like I said I have been doing something very important for the past three months and have not been at my normal job.

We urge all pilots to contact their reps or the Comm Center for accurate updates on restructuring negotiations and the activity of other unions. We also request that all pilots refrain from promoting any management anti-union propaganda or chastise other employees in the media. There is little to be gained from such activity other than embarrassment for yourself, your fellow pilots, US Airways, and ALPA.

Gee I wonder who ALPA was talking about?

 

[Dizel8]

"US Airways negotiated with UAL on the UCT and then the ICT and as I told you, Dave Siegel finally admitted to me and the F/O on my jumpseat (just prior to his departure from the company) about the deal".

Of course he did! Now, was that before or after he said he was staying?

 

[USA320Pilot]

700UW:

700UW said: 'If you count BOTH groups, IAM Mechanic and Related and Fleet Service, TWO GROUPS, not ONE, they gave $353 million for 8,800 people.

USA320Pilot comments: With all due respect, it was three separate contracts, two covered by District Lodge 142, the Maintenance Training Specialists and Mechanic & Related and one covered by District Lodge 141, the FSA's. Again, you failed to answer my question, which is not unusual for a person who refuses to “confront realityâ€￾. However, which union provided the greatest amount of concessions and by that standard suffered the greatest amount of "pain"?

Let me answer the question for you -- since you will not. The IAM gave more than any other employee group, but that's not the issue. The issue is "confronting reality", in a brutally competitive industry.

Regards,

USA320Pilot

 

[700UW]

They gave more because we represent more.

Do you need a remedial math class to be shown that.

8,800 IAM members on the property, more then any other group.

And you said in your previous post it was an issue, make up your mind and stay on one side and stop flip flopping.

 

[Dog Wonder]

This thread may go on ad infinitum. It has surely gone on ad nauseum.

 

[Rico]

Yaah ff:

Spindoc was right

 

[ClueByFour]

Think as if this is a start up airline instead, but one now that has established market share, slots in DCA/LGA, a large presence in BOS, a international gateway (feeding the largest alliance) from the 3rd largest population center in the US, an efficent Hub in CLT ideal for North-South travel, and huge growth opportunities in FLL.

All of which you can own for the small cost of a few hundred million. Yet exit financing enough to weather the needed transition period.

[post="241694"][/post]​

Uhh, anyone could have had this (save FLL) for a few hundred million for the past year. Nobody's buying. It should tell you something.

 

[mweiss]

No one wins in a bankruptcy.

[post="241773"][/post]​

Attorneys sure do...:blink:

 

[Fly]

700UW:

It is clear that you are an argumentative person and truly uninformed. You are told things over and over and refuse to “confront realityâ€￾.

Regards,

USA320Pilot

[post="241786"][/post]​

Kettle....meet Pot

 

[usairways_vote_NO]

700UW:

It is clear that you are an argumentative person and truly uninformed. You are told things over and over and refuse to “confront realityâ€￾.

[post="241786"][/post]​

Kettle....meet Pot

[post="241869"][/post]​

Don't forget most authoritative on the subject in their own minds and definitely most in the know and egomanic wannabe name droppers

Does that about sum it up?