Selling Assets!

[hack73]

Let's put it plain and simple.If Us Airways starts selling of assetes we are done.The reasoning behind this is that you only sell your best assets.When TWA and Pan Am sold of the London and Pacific routes it was the beginning of the end.If US sells the shuttle or gates at DCAS,LGAor BOS,we are giving up the most profitable assets.Without these assets we start losing more money and the end is near.
Hopefully,we can eliminate so much ground time and get these planes in the air more to make money,airplanes don't make money on the ground!

 

[USA320Pilot]

Hack73:

According to US Airways' chairman David Bronner, the airline will not need to sell assets with competitve labor contracts and a competitive CASM. From the observer's perch, the intent to increase asset utilization and flying to average down unit costs makes sense.

I understand the decision on whether or not to sell assets could occur on February 4.

Thus, tic, toc, tic, toc...

Respectfully,

USA320Pilot

 

[fatherabraham]

What is significant about 4 Feb.?

 

[autofixer]

FEAR, UNCERTAINTY AND INTIMIDATION. It works 100% of the time it is tried!

 

[oldiebutgoody]

It must be the day the next POWER BALL lottery gets drawn!

 

[Bizman]

Let's put it plain and simple.If Us Airways starts selling of assetes we are done.The reasoning behind this is that you only sell your best assets If US sells the shuttle or gates at DCAS,LGAor BOS,we are giving up the most profitable assets.

No one is going to buy the trash. They only want the assets that are the "golden egg". Therefore, if you (management) expects to make any money from assets, they have to sell the best ones.

 

[michael707767]

Hack73:

According to US Airways' chairman David Bronner, the airline will not need to sell assets with competitve labor contracts and a competitive CASM. From the observer's perch, the intent to increase asset utilization and flying to average down unit costs makes sense.

I understand the decision on whether or not to sell assets could occur on February 4.

Thus, tic, toc, tic, toc...

Respectfully,

USA320Pilot

USA320pilot,
we have all taken substantial cuts, and our CASM is still not competitive. Even if we were to agree to more (and I hope my union does not) they would be small cuts, and I don't see it drastically changing our CASM. The company has bluffed three times. I won't bite again. I have only one vote, but I will not agree to more concessions. I will not subsidize an inferior management group.
Michael

 

[delldude]

Let's put it plain and simple.If Us Airways starts selling of assetes we are done.The reasoning behind this is that you only sell your best assets.When TWA and Pan Am sold of the London and Pacific routes it was the beginning of the end.If US sells the shuttle or gates at DCAS,LGAor BOS,we are giving up the most profitable assets.Without these assets we start losing more money and the end is near.
Hopefully,we can eliminate so much ground time and get these planes in the air more to make money,airplanes don't make money on the ground!

bronners scare tactics of 2 weeks ago worked quite well,mostly.instead of scaring the workers into concession talks,he scared the finance community into believing we are liquidating.and their responce? credit rating lowered to b-.
now GECAS advises any further lowering of the credit rating to 'c'...and they pull financing for MDA.
i like bronner's style

 

[Bluestreaking]

Hack73:

According to US Airways' chairman David Bronner, the airline will not need to sell assets with competitve labor contracts and a competitive CASM. From the observer's perch, the intent to increase asset utilization and flying to average down unit costs makes sense.

I understand the decision on whether or not to sell assets could occur on February 4.

Thus, tic, toc, tic, toc...

Respectfully,

USA320Pilot

USA320Pilot, I thought you said PSA was going to be sold to MESA?

 

[oldiebutgoody]

Anybody that has been following this place over the last year or so has got to KNOW that a transaction to sell PSA has been in the works for a long time. Why else would they have expedited the delivery of jets to them? I know that UAIR needs the jets for feed, but it IS awfully suspicious. I also think that a lot of these actions the company is taking right now have been planned. I think that their mind has already been made up on what they plan to do, and it's going to happen no matter what the labor groups decide on. The only thing they don't seem to have a handle on is the reaction of the investment community to their "announcements" which are obviously aimed at the labor force. Now, they have pretty much ruined any value that UAIR had left by forcasting it's demise. Real smart (sarcasm) if you're really thinking about selling anything. An airline is really only as valuable as it's route system, something that UAIR doesn't really have anymore. The guys running this show are brilliant (again, sarcasm)!