Us Airways To Seek Court Supervision To Complete

[EyeInTheSky]

Hawk, putting the blame on union leaders is too easy. We all know what happened. Shotgun negotiations never work Hawk. Yes, I agree this will be a terrible time for many. I wish everyone best wishes.

Eye

 

[gso-crew]

Reuters
US Airways Files for Bankruptcy
Sunday September 12, 4:41 pm ET


http://biz.yahoo.com/rb/040912/airlines_usairways_1.html

 

[luvthe9]

As of 4:41 sunday we are Chap 11

 

[Armada]

Sad. This should make the folks at DL happy.

 

[gso-crew]

Sad. This should make the folks at DL happy.

[post="179058"][/post]​

Now you know why Delta is closing DFW as a hub and moving everything to CVG and ATL.

 

[Hula Girl]

GOOD FAITH??!! You're joking, right Hawk?

 

[cavalier]

It's time to hit the sauce. Meet you at Ground Round Moon Township it's "Happy Hour" cheap drinks to drown your sorrows. Glug, glug..

[post="179045"][/post]​

You're too much

 

[cavalier]

GOOD FAITH??!! You're joking, right Hawk?

[post="179061"][/post]​

Knowing Hawk, he isn't joking.....

At least Eye knows how to laugh when we really should be crying...

 

[USFlyer]

I wish everyone the best ... this go around will be much worse than the last one!

 

[USA320Pilot]

Hawk:

I agree. It's the labor leaders fault and their lack of courage to step up to the plate. Now there will be a very difficult restructuring that could have been avoided.

I'll say it again, it's better to have a job while looking for a job than no job at all. Now some people will get their wish...they made no concessions and now they could be job hunting on unemployment.

Regards,

USA320Pilot

 

[cavalier]

I wish everyone the best ... this go around will be much worse than the last one!

[post="179065"][/post]​

Funny, the captain has consistently been saying that and getting blasted for it, wonder if you will as well...hmmm

 

[SCEflyer]

Bankruptcy Trustees are not appointed to "run" a company during Ch. 11 reorganization. Trustees are appointed to oversee liquidation of a company during Ch. 7.

Bankruptcy Trustees

[post="179025"][/post]​

Jim, the BK judge can appont a Trustee in a Chapter 11 situation, as has occurred in the HAL case. You may recall the incident several weeks ago, when a HAL pilot refused to let the HAL trustee travel on one of his flights from HNL to LAX/SFO.

Simply put, under Chapter 11 the Trustee is a manager; in Chapter 7 he is a liquidator.

Tom

 

[unit4clt]

Just a question here.

Is it possible for the shareholders of the old ( u ) to pursue litigation for the cancelation of their stock, should management seek to preserve this ( uair ) stock ?

It only seems right for management to cancel this stock also, but RSA owns 38%. Maybe that is the reason for preserving this stock.

 

[Hula Girl]

Y'all may want to go to the www.transformingusairways.com website and read the part directed at employees in the Q & A section. Vewwwy interesting.

 

[willyloman]

Hawk:

I agree. It's the labor leaders fault and their lack of courage to step up to the plate. Now there will be a very difficult restructuring that could have been avoided.

I'll say it again, it's better to have a job while looking for a job than no job at all. Now some people will get their wish...they made no concessions and now they could be job hunting on unemployment.

Regards,

USA320Pilot

[post="179067"][/post]​

No, management's lack of a cogent business plan, their dishonesty, and their failure to honor agreements are at fault, and these actions poisoned the relationship between management and labor. Add the willingness of the give away gang to capituate to all unsavory concessionary offers by management, and it became a recipe for failure.
:angry: