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USA320Pilot:USA320Pilot said:By the way, for people like Fly, Cosmo, Busdrvr and others, if there is not merit to my report than why even waste the time to post a message o the subject?
... constitutes discussions between the executive suites.US Airways: Can we buy TED?
United: No.
Cosmo said:USA320Pilot:
I have no intention of letting this inane, ego-driven comment go unchallenged!
Don't forget retroactively claiming to have "called the shots" in advance.
USA320Pilot said:By the way, if my comment has no merit than why even waste your time and respond. Why not just stay on the United board and comment on United events over there...
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USA320Pilot:USA320Pilot said:Cosmo & FWAAA:
I'm not going to debate this with you, ...
Answered in your usual pompous but unsupported way!USA320Pilot said:... but you're wrong.
You have not offered even a single shred of evidence that such talks are now taking place -- if this had been reported in any other publication, you would have undoubtedly linked it to one or more of your posts here. Are we expected to believe that you are the only person in the entire world to whom this insider information has been leaked? That simply doesn't pass the "smell" test!USA320Pilot said:Will TED & its assets sold? I do not know. Is it being offered and discussed by the WHQ executive suite? Yesiree.
As I have told you previously, I have more confidence in Tilton's ideas about the future price of oil than in your prognostications. After all, he was "only" the CEO of one of the world's largest oil companies prior to his coming to United, and he might still have a contact or two with just a little bit better knowledge of the oil industry than you could ever claim to have.USA320Pilot said:It's my understanding the United business plan calls for jet fuel prices equal to oil at $50 per barrel. Each $1 increase in the price of crude oil increases United's fuel bill by about $60 million per year. Thus, with Crude Oil Futures trading at about $67 per barrel, the United business plan needs to come up with over $1 billion per year additional cost cuts and revenue gains. Something has to be done or the creditors may not support the plan of reorganization (POR) and the potential new investors may not provide United with investment capital/exit financing.
You continue to avoid the issue here. If US Airways were to acquire the United assets that comprise TED, would it continue to operate the current routes that feed United's hubs? If so, it doesn't make any business sense for US Airways because the current TED routes offer no network synergies to the "new" US Airways' route system. But if not, it doesn't make any business sense for United because -- and I'm going to "shout" this since you seem to be having trouble comprehending this concept -- THERE WOULD BE NO INCREMENTAL REVENUE FOR UNITED TO RETAIN! Thus, much to your chagrin, I'm sure, there will be no such deal between United and the "new" US Airways.USA320Pilot said:One approach could be to sell off domestic assets and turn over this flying to RJ operators (with EMB-170, EMB-190, and CRJ-900 flying) and its domestic code share partner, the expanded and new US Airways. This approach would keep some of the domestic revenue lost within the United corporate treasury instead of it going to a competitor, if there is one available with any cash to buy assets.
These were all comments made from the perspective of US Airways. You have offered absolutely no proof that United took part in any of these discussions, much less that they were actually interested in selling any of their assets to US Airways at that time or subsequently.USA320Pilot said:As you know different forms of United divesting of domestic operations has been discussed before with what the company code worded "Project Minnow" according to the news media, and I coined with the acronym UCT and then when the plan changed...called it the ICT.
That's great, but it doesn't mean that United is selling anything!USA320Pilot said:Meanwhile, on September 27, eight days from now, the new US Airways will have one of the strongest balance sheets in the industry for an airline of its size, which is very important considering current fundamentals.
Are you really so dense that you can't comprehend why folks who are interested in United's future would respond to your comments about United on this board? And to repeat two quotes that I said to you about this illogical comment in my previous post:USA320Pilot said:By the way, if my comment has no merit than why even waste your time and respond. Why not just stay on the United board and comment on United events over there...
I have no intention of letting this inane, ego-driven comment go unchallenged!
I and others respond to your "reports" because you like to imply that your super-secret "sources" give you knowledge that others don't have, and thus your facts (or even opinions) are above reproach. Yet in many cases, your posts are nothing more than self-centered, egotistical drivel ("I've been told this ...", "My sources say that ...", "There is reason to believe ...", etc., etc., etc.) with no factual support whatsoever. You actually expect people to believe that real sources would risk jail time to give insider information to a mere line pilot and yet not leak the same information to at least one well-regarded publication from among the WSJ, NYT, FT, FI, AW&ST, ATW and Aviation Daily, not to mention various Wall Street brokerage houses? And at least with regard to United, your "sources" have been wrong far more often than they have been right (I'm still waiting for that UA/US merger or the UCT/ICT). One can only conclude that your "sources", if they really exist at all, are actually using you as part of a disinformation campaign -- and you don't realize it.
And I'll keep repeating them as often as necessary!BTW, using the "logic" in your comment quoted above, the fact that the SEC's Enforcement Division has not made you do a "perp walk" in handcuffs for discussing insider information on a public Internet bulletin board indicates that your statements are false!
USA320Pilot said:As you know different forms of United divesting of domestic operations has been discussed before with what the company code worded "Project Minnow" according to the news media, and I coined with the acronym UCT and then when the plan changed...called it the ICT.
Regards,
USA320Pilot
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USA320Pilot said:I'm not going to debate this with you, but you're wrong.
mdarules said:Also does anyone know if this rumor about TED is true?
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USA320Pilot said:Paraphasing inserted here:Â I said this, I said that, lather, rinse, repeat, ad nauseum.
"Did not want to proceed"????? Are you joking? You have offered absolutely no proof that United even took part in any of these discussions, much less that they were actually interested in selling any of their assets to US Airways at that time or subsequently. But thanks for conceding that "United did not want to proceed with the ICT."USA320Pilot said:Yes, United did not want to proceed with the ICT, which was code worded Project Minnow ...
I sure do. But do you remember that those were simply statements of interest by Bronner with absolutely no indication that there were any talks held with United to actually discuss the purchase of any of that carrier's assets by US Airways? And you have never provided any evidence that there were any such talks between the two carriers.USA320Pilot said:I first discussed the UCT and then David Bronner publicly said in three separate interviews he was interested in buying United assets if it made sense for US Airways. Remember that?
Sorry, but you're wrong (again). As I said in my previous post:USA320Pilot said:As events changed the two companies continued corporate combination discussions, which I labeled the ICT, and then the news media broke the news the two companies were talking again about US Airways gobbling up United (or some of its assets) in what the carrier's called "Project Minnow".
These were all comments made from the perspective of US Airways. You have offered absolutely no proof that United took part in any of these discussions, much less that they were actually interested in selling any of their assets to US Airways at that time or subsequently.
I can't improve on what I said before (with emphasis added):USA320Pilot said:Now they're talking again and I have been told its about the news US Airways buying domestic assets and TED was mentioned. Interestingly, this move would not trigger either companies ALPA 15% fragmentation clause, I have been told.
Will something occur? I do not know. Is it being discussed? Yesiree.
You have not offered even a single shred of evidence that such talks are now taking place -- if this had been reported in any other publication, you would have undoubtedly linked it to one or more of your posts here. Are we expected to believe that you are the only person IN THE ENTIRE WORLD to whom this insider information has been leaked? That simply doesn't pass the "smell" test!
One more time for the slow learners:USA320Pilot said:Finally, if I am wrong then why waste the time responding? If I am wrong then who cares? Right???????
Are you really so dense that you can't comprehend why folks who are interested in United's future would respond to your comments about United on this board? And to repeat two quotes that I said to you about this illogical comment in my previous post:
I have no intention of letting this inane, ego-driven comment go unchallenged!
I and others respond to your "reports" because you like to imply that your super-secret "sources" give you knowledge that others don't have, and thus your facts (or even opinions) are above reproach. Yet in many cases, your posts are nothing more than self-centered, egotistical drivel ("I've been told this ...", "My sources say that ...", "There is reason to believe ...", etc., etc., etc.) with no factual support whatsoever. You actually expect people to believe that real sources would risk jail time to give insider information to a mere line pilot and yet not leak the same information to at least one well-regarded publication from among the WSJ, NYT, FT, FI, AW&ST, ATW and Aviation Daily, not to mention various Wall Street brokerage houses? And at least with regard to United, your "sources" have been wrong far more often than they have been right (I'm still waiting for that UA/US merger or the UCT/ICT). One can only conclude that your "sources", if they really exist at all, are actually using you as part of a disinformation campaign -- and you don't realize it.
And I'll keep repeating these quotes as often as necessary!BTW, using the "logic" in your comment quoted above, the fact that the SEC's Enforcement Division has not made you do a "perp walk" in handcuffs for discussing insider information on a public Internet bulletin board indicates that your statements are false!