US Airways CEO: We don’t have to merge, but maybe it makes senseRead more here: http://www.charlotte

[Ames]

Excellent post, Jim. Sad that you wasted your effort to explain things as the eastwipes just don't want to hear the truth.

 

[wings396]

As far as the choice of what name to retain, I don't think that America West would have been very well recognized when it came to the European routes. It was more of a regional carrier name, as was US Air when Wolfe and company opted for the name change

 

[Iclubbabyseals]

The problem is that it appears many on the east think that US bought AWH since the name is still US Airways Group (then there's 700 who thinks Luth bought both companies I guess). Nothing could be further from the truth. AWH put it's stock in the pot (i.e. purchase by stock swap), the outside investors put their money in the pot, and the pot was used to both buy and merge with LCC. There is absolutely no valid argument for the proposition that USG bought AWH. There are valid arguments for the proposition that AWH bought at least part of LCC.

Jim

I don't think anyone "thinks" US bought Mesa Grande. Most of those on the east believe that the people putting the deal together were Lakefield's people. The fact that nearly worthless AWA stock was valued much higher than the market was a gift to those shareholders.

I am thinking 700 probably knows more about this than he is letting on.

 

[Iclubbabyseals]

As far as the choice of what name to retain, I don't think that America West would have been very well recognized when it came to the European routes. It was more of a regional carrier name, as was US Air when Wolfe and company opted for the name change

and, of course, the call sign embarrassment..... Well, at least we know when ATC doesn't answer that we can always use "USAir".

 

[Move2CLT]

I don't think anyone "thinks" US bought Mesa Grande. Most of those on the east believe that the people putting the deal together were Lakefield's people. The fact that nearly worthless AWA stock was valued much highIer than the market was a gift to those shareholders.

I am thinking 700 probably knows more about this than he is letting on.

That's funny sealbeater. You were in bankruptcy with one foot in liquidation and you make fun of AWA.

And that AWA CEO has managed to keep you guys in check this whole time and under bankruptcy wages.

Now that's funny.

 

[EastCheats]

and, of course, the call sign embarrassment..... Well, at least we know when ATC doesn't answer that we can always use "USAir".

I hope the US Airways name is flushed down the toilet. I never say US Airways on the PA, instead, thank you for flying with us.

US Air is the embarrassment and is a turd that can't be polished. It's going to require a double flush.

 

[Move2CLT]

and, of course, the call sign embarrassment..... Well, at least we know when ATC doesn't answer that we can always use "USAir".

Embarrassment? When I hear you guys say "Cactus" it just rolls right off your lips. You sound like you've figured it out.

 

[EastCheats]

Mar 23, 2012 9:00am

Big Airline Merger Coming? Morning Business Memo

"Is another merger in the works in the airline industry? US Airways might be stepping up its drive for a possible takeover of bankrupt American Airlines.

A published report says US Airways is discussing a plan with some creditors of the bankrupt carrier and its advisers. American’s parent company filed for Chapter 11 in November. US Airways CEO Doug Parker told reporters this week that advisers have been hired to consider a bid. AMR Corporation says it will ask a federal bankruptcy judge to throw out its existing labor contracts. American wants to impose its own terms as it seeks costs savings for the money-losing airline."

I can't wait until the larger AA pilot group gets to impose tyranny of the majority on US Air. History repeats itself, Douggie comes to Tempe with another bankrupt airline, changes the name and sits back and watch the chaos while cashing in on everybody's misery.

He's mastered the art of un-merging airlines.

 

[BoeingBoy]

I don't think anyone "thinks" US bought Mesa Grande. Most of those on the east believe that the people putting the deal together were Lakefield's people.

Key word - "believe". No one knows what went on behind closed doors. Parker has said that the management team at AWH were involved in lining up the investors. 700 repeatedly quotes a PIT newspaper article - we know who they were talking to at the time.

The fact that nearly worthless AWA stock was valued much higher than the market was a gift to those shareholders.

If you want to look at it that way, what does it say about the actually worthless US stock than had zero value at all.... Remember, those AWH shareholders could have ended any prospect for a merger - they only had to vote "No". Likewise, Parker could have ended any prospect for a merger - by saying "No" when Lakefield went begging.

I am thinking 700 probably knows more about this than he is letting on.

Since for whatever reason he's convinced that somehow US had the world by the tail and bought AWH, I can see why you think that way...

All I've ever asked for is proof that what I say is wrong. No one has provided it yet, including 700.

Jim

 

[UPNAWAY]

Not changing the airlines name to a new name was a huge tactical error.

 

[Ames]

As far as the choice of what name to retain, I don't think that America West would have been very well recognized when it came to the European routes. It was more of a regional carrier name, as was US Air when Wolfe and company opted for the name change

The name "Hitler" was well recognized in Europe too.

 

[Ames]

Not changing the airlines name to a new name was a huge tactical error.

For sure! In the next merger they won't be able to paint the aircraft fast enough to satisfy me.

 

[700UW]

The Proof is in the POR and the bankruptcy documents filed with the court, US hired Seabury and Associates and they raised the money for the merger.

Is that too hard to understand Jim?

 

[BoeingBoy]

The Proof is in the POR and the bankruptcy documents filed with the court, US hired Seabury and Associates and they raised the money for the merger.

I've read them all and as you say..."raised the money for the merger" according to the PIT paper. Apparently you can't understand what made the money available - the merger. US didn't raise all that money for a stand-alone emergence, did they? Did they decide "Hey, now that we're out of bankruptcy let's see if someone wants to merge with us"? US didn't even have the money to think about buying anyone.

You keep stressing who supposedly raised the money (based on PIT media) while completely missing what made the money available or the small fact that even with that money there wasn't enough to buy AWH. All you can do is keep repeating the same old "but who raised the money?" BS. When you go to fill your car's tank, ask the clerk if how you got the money is more important than having the money? Then ask yourself which came first - the merger or the money...

Jim

 

[AAviator]

For sure! In the next merger they won't be able to paint the aircraft fast enough to satisfy me.

For Sale with a spray can can be done fast.. And Cheap!