Lanes Merge Ahead

[funguy2]

USA320Pilot,

You have been "reporting" on this imminent corporate transaction for over three years. Even the Federal government can turn over an administration in four years. How long did it take to complete the PI and PSA deals? Not quite so long. Regardless, you still have very little factual basis for your claim... and you avoided the questions:

1) Where does UAL get the cash for the merger/UCT/ICT/whatever today's buzzword to throw us all off?

2) If UAL is interested in acquiring UAIR, why didn't it express such to Morgan Stanley?

3) (Which I did not initially ask) If UAIR is considering selling assets today, what is there going to be left of any value for UAL to acquire once things are "stablized"?

Do I think UAIR will be acquired whole or in parts by other airlines... YES. Do I think it will be UAL... No.

 

[USA320Pilot]

Funnyguy:

US Airways will sell non-core assets such as PSA and Allegheny-Piedmont, but if there are new labor agreements, then I suspect there will be no other asset sales.

For either company to acquire the other, you would need an equity investor. Times change and so do plans, thus the transition from the UCT to amerger, but a merger will likely occur between the two companies in the future.

What you are seeing today is expert information management by US Airways' executive suite, and ya' know what, it's working.

Regards,

USA320Pilot

 

[funguy2]

Funnyguy:

US Airways will sell non-core assets such as PSA and Allegheny-Piedmont, but if there are new labor agreements, then I suspect there will be no other asset sales.

For either company to acquire the other, you would need an equity investor. Times change and so do plans, thus the transition from the UCT to amerger, but a merger will likely occur between the two companies in the future.

What you are seeing today is expert information management by US Airways' executive suite, and ya' know what, it's working.

Regards,

USA320Pilot

Still dodging questions 1 and 2.

I don't care about the expert information management from Crystal City. For almost three years you have asserted this merger/UCT/ICT is coming. For three years you have pointed to every general airline consolidation article posted anywhere as proof that the UCT/ICT is immenent. You have, in the past, even used the word immenent. However, the actual specific information about UAIR and/or UAL or other airlines you have provided has been wrong time and time again. And you've been called on it on this board time and time again.

Now I am asking, where is UAL going to get the resources to make such a combination. For two posts, you have avoided the question. That tells me you don't have an answer. I am sure you will tell me I am dead wrong, but you will continue to dodge the question.

Now you have stated that there would need to be an equity investor for a UAL/UAIR UCT/ICT/merger. Fine, only problem is that UAL has publicly stated it will move forward with its BK emergence plans without including an equity investor. So, if you are correct that an equity investor would be required, it would appear as though this will not happen. I have deduced this from UAL's public statements and your logic as presented in the above post.

 

[BoeingBoy]

To give USA320Pilot his due, he could be right about the PDT sell.

While the article that came out today didn't contain any info that would lead one to believe any of the bidders would be interested in just PDT, particularily if it stayed a U feeder, there was an article earlier this month that said that Ornstein was interested in acquiring assets that might become available.

If asset sales are coming, it would make sense to sell "non-core" assets. It would make even more sense to keep those assets "in house", so to speak - still flying under U colors.

Don't know if PDA would bring in enough money to get us thru a possible cash crunch in meeting the ATSB requirements - that could be the only fly in the ointment.

Article

Jim

 

[funguy2]

Respectfully... PDT has not been sold, has it? I agree with your statements regarding non-core assets and keeping them in colors. Doesn't change one iota of the possibility of UCT/ICT/merger issue. According to others on this board, any regional carrier acquired by UAL would need to be spun off anyways... While this would save UAL the trouble, it does not answer any of the "how is it possible" questions.

Also, interesting that Mesa made this public statement yet was not included with the AA/JetBlue/DAL/AirTran article.

Four airlines bid for US Airways assets-sources

Perhaps this article was only focused on US Airways, Inc. and not the Group. Then again, the Shuttle is presumably up for discussion as it was noted in the article I quoted.

 

[USA320Pilot]

PineyBob:

PineyBob said: "All of this rumor mongering is counterproductive and the Pilot who engages in this should know better."

USA320Pilot states: Piney, with all due respect, it's not "rumor mongering", it's fact.

Best regards,

USA320Pilot

 

[USA320Pilot]

Just one more point...

The ATSB and in particular Norm Mineta have been involved in informal corporate combination discussions between US Airways and its merger partner, which is one of the reasons why the ATSB included the language listed above (to start this topic) in the loan guarantee agreement.

Respectfully,

USA320Pilot

 

[AOG-N-IT]

PineyBob:

PineyBob said: "All of this rumor mongering is counterproductive and the Pilot who engages in this should know better."

USA320Pilot states: Piney, with all due respect, it's not "rumor mongering", it's fact.

Best regards,

USA320Pilot

OK....If it's FACT? Show us some proof instead of speculation for a change.

....as the old school math teachers use to say "Show Your Work"

Until you can provide such proof..and show us un-questionable sources , It's exactly what most say it is "Fud" and "Rumor Mongering" diatribe.

 

[Hunter]

USA320Pilot states: Piney, with all due respect, it's not "rumor mongering", it's fact.

Best regards,

USA320Pilot

Excuse my intrusion but I feel I must intervene here.

fact ( P ) Pronunciation Key (fkt)
n.
Knowledge or information based on real occurrences: an account based on fact; a blur of fact and fancy.

Something demonstrated to exist or known to have existed.

Please provide evidence or a source for this "fact". Then and only then can what you say be considered fact.

 

[USA320Pilot]

AOG:

I will not breach the confidence of those who speak to me on the condition of anonymity. If I did, I would never, ever, obtain credible information.

Regardless, there must be new accords with all of US Airways' unions before any corporate combination will proceed or we will see major core asset sales.

Furthermore, in the case of your labor group, you are looking down the barrel of a loaded gun and I believe it would be in the IAM's best interest to reach a settlement on the A320 heavy maintenance issue and work rule changes.

Respectfully,

USA320Pilot

 

[USA320Pilot]

PineyBob:

I have no reason to pass false information and events do change, such as the dramatic and accelerated LCC expansion and the dramatic industry-wide yield deterioration. Nonetheless, everything I post has been and continues to be true.

Separately, I really do not care if you or anybody else believe what I write -- that's your choice.

Respectfully,

USA320Pilot

 

[AOG-N-IT]

FUD-Master,

Breach confidence??? You do that by your un-founded actions here daily!!

Credible Information?? What a joke !! You yourself have been blindsided more times than Stevie Wonder cruising down the Long Island Expressway. Your batting avergae does not lend toward anything bordering on Confidence or Credible !!

On the subject of accords. YES this needs to take place in some areas , work rules need to be tweaked to afford a better and more efficient product at a workable cost....but nothing will happen like what you try to cram down peoples throats...and still hope you remain in a left seat of one of our planes...or anyone elses except maybe an RJ.

In the case of my labor group. We might be staring down a barrel of a gun....and you know what? We like the view !! Un-like you , We have the grits to not be soiling our nappy's over an even more un-certain , far less paying and rewarding future.

Settle on the Airbus farmout issue you say ???? I say put down the crack pipe Sonny Boy!!!. The IAM is in the final hours of what will prove to be a great victory on this subject.

The IAM's position , un-like that of yourself and your groups history, will force the company to own up to it's binding agreements and run this business for a change. Failure to do so on Siegels part will only lend additional proof to the beliefs that this team cannot run an airline to begin with. How marketable will a U liquidation make them then?

BTW...The Maintenance Inspection Department and Engineering have already been in deep talks with management over what needs to take place to perform your airplanes work "In-House" That says that victory on our behalf is at hand.

To expand further on the last statement....The industry notes that "In-House" heavy maintenance costs 6% to 8% more to perform on an all things equal basis...but those facts are both being lost at U as well as UA based on what kind of product is being returned to them. So in keeping with those facts....You had better be ready to pony up another 20% of your W2's (As you will anyway) to offset the company having to do the right thing , as they should have from the start.

As you can see USA320Pilot....I'm equally thrilled to offer you up to the aviation Gods and Demons , as you are eager to sell the rest of us out.

DELETED BY MODERATOR

 

[USA320Pilot]

AOG:

Why do you think US Airways' management reached an agreement with the ACAA to close all Pittsburgh maintenance operations in one-year, if the company desires?

With all due respect, the IAM situation will not effect me one way or another, but the mechaincs could get creamed in their dispute and guess what...I understand your current contract permits it. That's not FUD, it's fact.

By the way, I understand there have been some proposals where pilot gross pay could go up if the proposed work rule changes are implemented.

Respectfully,

USA320Pilot

 

[batman]

""I will not breach the confidence of those who speak to me on the condition of anonymity. If I did, I would never, ever, obtain credible information.""
---------------------------

So either you are being used to spread FUD (as some here like to refer to it), or you are breaching your not so accurate sources and spreading rumors to advance your UCT /merger dream.

And since you are about the only person until recently to use your real name on the forum and since you know that some news agencies and USair
executives frequent this forum, it doesnt take a sherlok to figure out what is going on here.

You are dead right about something though, a UCT will happen to Usair, it just not going to be merger with United.

 

[ClueByFour]

The ATSB and in particular Norm Mineta have been involved in informal corporate combination discussions between US Airways and its merger partner, which is one of the reasons why the ATSB included the language listed above (to start this topic) in the loan guarantee agreement.

Source for the Norm Mineta involvement?