Usair Hanging On To Her Assets

Deltawatch:

Your analysis is shared by industry observers, analysts, and people within US Airways management. In regard to the fleet reduction, aircraft lessors want to diversify their risk and every union was told that aircraft would be removed from the fleet if the company entered bankruptcy.

During an ALPA meeting I attended at the Key Bridge Marriott Bruce Lakefield indicated the company would lose at least 30 aircraft without labor agreements and former PIT Captain Rep said, "(paraphrased) if the DC Plan is not kept intact you will not get a deal," thus forcing the lessors hand especially after the LOA 91 ALPA debacle with GECAS.

The 279 minimum fleet count could have remained in-place with much less of labor “giveâ€￾, if the unions had participated in the new business plan prior to the “judicial restructuringâ€￾.

Regards,

USA320Pilot
 
Funny the meeting at CCY back on November 2nd, Elif the VP of Finance, BBB and Glass said GE wanted back at least 45 planes themselves.

Funny did you see you there in the 2nd floor conference room at CCY.
 
As I said above, Bruce Lakefield indicated the company would lose at least 30 aircraft without labor agreements, and guess what...that's exactly what happened.

ALPA's advisors warned the MEC that the deeper the company went into bankruptcy without labor deals the more the company would demand in their "ask" and the greater the risk of losing more aircraft, which happened.

This information was communicated to the Labor Coalition, thus if anybody is angry about a smaller mainline then they have nobody to blame but the union leadership. Every union gave the company more than the "ask" with each TA providing a greater percentage increase over the "ask", culminating with the IAM giving the highest percentage over than the "ask" than any other union.

Regards,

USA320Pilot
 
700UW said:
Lets see US is selling slots and EMB-170s to Republic, does not look like it is holding on to its assets and giving back 46 planes to the lessors.
[post="269475"][/post]​



PSA and PDT haven't been put of for sale. If anything PSA will probably take more aircraft.
 
  • Thread Starter
  • Thread starter
  • #21
700UW said:
Lets see US is selling slots and EMB-170s to Republic, does not look like it is holding on to its assets and giving back 46 planes to the lessors.
[post="269475"][/post]​

Like I said, held on to her markets is better wording than assets.
 
DorkDriver said:
PSA and PDT haven't been put of for sale. If anything PSA will probably take more aircraft.
[post="269501"][/post]​
i talked to a psa pilot this mornign and he said that he thinks that psa may not get any more aircraft but insted may be sold. but may be someone can elaborat more on that
 
Atlantic said:
Jo Blow taxpayer kicks in $150.00 per ticket on Acela, but who's keeping track. And that's just BOS-NYC.
[post="269453"][/post]​
That is definintely not correct. I recall reading somewhere that the NE Corridor is one of only two profitable Amtrak routes (the other being LA-SD). Not sure that it's still profitable with Acela shut down, but the subsidies are mostly for the long distance trains that Congress wants to keep alive.
 


So. Let me get this correctly.

If ALPA had rolled over earlier, the pilots would have more in their pot right now.

And if the pilots had MORE in their pot right now, that would mean we'd get to keep MORE airplanes?

Speaking of pot, have you been tested lately? You're smokin' something to come up with logic like this.
 
Is there an example anywhere in the history of commercial aviation where employee concessions ever came back to pay dividends to the employees?

C'mon, think hard.
 
That is a stupid question...We are still here, but would not be without the consessions..Period!
luvn737s said:
Is there an example anywhere in the history of commercial aviation where employee concessions ever came back to pay dividends to the employees?

C'mon, think hard.
[post="269556"][/post]​
 
There has been no airline that has ever been saved from employee concessions alone, it takes leadership and vision, something US Airways seriously lacks.
 
Nycbusdriver:

Every ALPA official and advisor recommended the RC4 cut a deal early because each company offer would get worse, which is exactly what happened. The last offer that had the 279 minimum fleet count, fragmentation rights, CARS, and other scope itees was the Labor Day, September 6 proposal. After a 13-day MEC meeting the RC4 voted by a 4 to 8 margin to not send out management's September 6 proposal for membership ratification and from that point on, the management proposal's were worse and worse and worse.

Cowen, Weiss, and Simon attorney Mike Abram, who has been a labor lawyer for 30 years, Investment Banker Michael Glanzer, and ALPA's professional negotiator Jeff McDonald each told the MEC that if they cut a deal early, they could probably get a TA that was 85% to 90% of the company's "ask".

The company's initial proposal was for America West pay rates, America West retirement, and JetBlue work rules. What did the pilot's end up with? JetBlue pay, America West retirement, and worse than JetBlue work rules.

What did this cost the pilot group? First Officer pay cut an additional $9 per hour more than the ask, Captain pay cut about $13 per hour more than the "ask", and the VM/Dead Head problem.

All the RC4 had to do was agree to the company’s opening offer and the 279 fleet count would still exist, there would be higher pay, the current retirement, and not VM/Dead Head problem.

Regards,

USA320Pilot
 
Sure it would with GE calling the shots and wanting their planes back, you would see an 1113 c filing so fast your head would spin and you see the company keeps removing planes so your 279 would not be worth the ink and paper that was used to write it down.
 
[ The 279 minimum fleet count could have remained in-place with much less of labor “giveâ€￾, if the unions had participated in the new business plan prior to the “judicial restructuringâ€￾.

No, actually the fleet size has nothing to do with what management OR Alpa agreed to, or did NOT agree to prior to the second BK. Fleet size is now being determined by what will allow the company to survive, and other than the effect of the potential merger...nothing more. Mr. Lakefield is not a man of honor..rather I should say he has not honored the previous pilot contract nor the current one. The employees of U work for liars and thieves. You did not "get" it under Dave, and you do not "get" it now. Good luck to us all. Greeter.
 

Latest posts

Back
Top