Skies Clear For Us Airline Merger

[USA320Pilot]

Skies clear for US airline merger

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USA320Pilot comments: Expect a flurry of activity and bankruptcy court motions rejecting leases and facilities excess to the merger during the next two week's. Bankruptcy emergence and the merger could occur as early as September 27, dependent upon any objections to the confirmed plan.

Regards,

USA320Pilot

 

[legacy-to-LCC]

a/c leases?

 

[USA320Pilot]

Legacy-to-LCC:

Unless something changes, no. The end of December fleet count will be 231 and the end of February it will be 221. That number could increase dependent on what happens at United, Delta, Northwest, and Independence Air. There could be a lot of used A320 and other aircraft available in the not-to-distant future. The new US Airways is focusing its fleet on Airbus aircraft with forty A350/A330 (10 of these are options) and thirty A320 deliveries indicated in the Airbus Term Sheet filled with the bankruptcy court last week.

As I reported in another topic, last Friday America West MEC chairman JR Baker wrote a letter to All AWA Pilots and said, "Also weighing on our minds (joint MEC's) is what the industry analysts are saying about a final domestic industry-wide consolidation. In other words, there is a real likelihood that as America West (soon to be US Airways) pilots, we must be prepared and ready to fight a second merger or fragmentation on the heels of this pending merger."

What's important here is that the MEC chairman said "likelihood" versus "possibility".

With the potential for all four companies listed in paragraph one above simultaneously in a formal reorganization, the new merged US Airways out of bankruptcy with about $2.5 billion in cash and access to the financial markets, it appears the joint ALPA MEC is working on contingencies if M&A/fragmentation happens a bankrupt carrier's. There is a lot in play here and it is unclear how this will unfold, but according to the MEC chairman some sort of a corporate transaction or a UCT derivative could occur.

Regards,

USA320Pilot

 

[TBONEJ4J]

there is a real likelihood that as America West (soon to be US Airways) pilots, we must be prepared and ready to fight a second merger or fragmentation on the heels of this pending merger."

[post="299418"][/post]​

Considering how well the E170 Fragmentation is going, I will be very afraid of future fragmentations. Aircraft may be sold but no pilots will go with them.

Nice precedent setting AAA MEC!

 

[fr8tmastr]

Not to worry the Airways mec VC is working overtime to make sure the most junior Airways pilots are cut out and thrown under the bus. They have much experience in these matters

 

[BlackOps]

Not to worry the Airways mec VC is working overtime to make sure the most junior Airways pilots are cut out and thrown under the bus. They have much experience in these matters

[post="299447"][/post]​

Roger the experience. The AAA VC's latest caper is proffering a "flow down" LOA that effectively writes the CEL pilots out of the will by removing any reference to MDA, thereby closing the flow-up rights the CEL already have in LOA 91 / Attachment B.

I wonder if the AWA pilots know that their AAA brothers are as disengenuous as they have always accused AAA management of being.

"Stab 'em in the back, that's the name of the game... skip a rope..."

 

[careerfurloughee]

... AAA brothers are as disengenuous as they have always accused AAA management of being. 

"Stab 'em in the back, that's the name of the game... skip a rope..."

[post="299505"][/post]​

They are one in the same. Kind of like Superman and Clark Kent. I should add that it is the AAA MEC brothers not the pilot group as a whole.