Usairways Bankruptcy: The Return

[Fly]

Do you think U has enough staying power to survive until UAL emerges? What will U do if UAL doesn't want a merger? Seems that relying on a merger isn't in anyones best interest right now (especially since it's impossible as long as UAL remains BK) Do you think UAL is staying in BK longer so that U goes BK again and UAL can go cherry picking on U assets? Wouldn't it make more sense to concentrate on making your business healthy instead of waiting for someone else to save you?

So many unanswerable questions..........for now!

 

[AOG-N-IT]

Do you think U has enough staying power to survive until UAL emerges? What will U do if UAL doesn't want a merger? Seems that relying on a merger isn't in anyones best interest right now (especially since it's impossible as long as UAL remains BK) Do you think UAL is staying in BK longer so that U goes BK again and UAL can go cherry picking on U assets? Wouldn't it make more sense to concentrate on making your business healthy instead of waiting for someone else to save you?

So many unanswerable questions..........for now!

Fly,
I cannot say with 100% certainty that U has that kind of staying power at present...but with some hardened changes in regards to our day to day operations , fleet utilization and re-found respect for it's employee's , I can see not only having staying power..but the power to go it alone inclussive of the Star Alliances future benefits.

Should UA say it's not merger oriented?...the above changes will make that an entirely acceptable and tolerable situation. I'm sure if a poll was conducted on both sides of the coin...it would show overwhelming support of both sides wishing to fix their individual problems and move forward as nothing more than good spirited partners.

I do not think UA is hedging on anything in regards to waiting for U's failure..and subsequint "Cherry Picking" of our assets. UA remains in BK because it has not fixed it's internal issues any better than U has in the post BK scenario...but I accept the theory that we had to emerge sooner than we really should have based on credit card brokerage issues.

I agree that no matter how things un-fold a healthy U ..and a healthy UA makes for a better world for us all. A merger with either party floundering would spell disaster for thousands on both sides. Two negatives cannot make a positive at this point , in this industry period.

 

[USA320Pilot]

Fly:

I agree with you that there are now more questions than answers and nobody wants anybody to be hurt. But there continues to be more smoke between the parties.

For example, just yesterday our entire crew was told by a former US Airways senior executive that the US Airways board met last Thursday and United senior executives attended the meeting.

Another valid question is why are senior executives from both of our airlines and board members meeting?

Regards,

Chip

 

[Busdrvr]

"Another valid question is why are senior executives from both of our airlines and board members meeting?"

FREE PIZZA!!! It would not surprise me if UAL execs were asking about U's ability to contract out some RJ flying at IAD with a WO.

 

[ClueByFour]

Fly:

I agree with you that there are now more questions than answers and nobody wants anybody to be hurt. But there continues to be more smoke between the parties.

For example, just yesterday our entire crew was told by a former US Airways senior executive that the US Airways board met last Thursday and United senior executives attended the meeting.

Another valid question is why are senior executives from both of our airlines and board members meeting?

Regards,

Chip

Since nobody has asked, how exactly does a former senior executive know this?

Moreover, let's play this out a bit: If Rick D did not know that the UA/US thing was going to go down until his pager went off, why would a former US exec know that there were United execs at a "board meeting" (which apparently happened without the AFA/CWA or ALPA reps)?

And the most important and pressing question: If a UA board member did not know about the last merger until the pager rang, don't you think they (U BOD minus the union reps and the UA execs) would keep it to themselves? And, if they failed to do so, why the heck would a fomer VP know? And if he did, why exactly would he bring a line crew into the know?

Don't believe everything you hear.

 

[PITbull]

I think one has to ponder if a meeting was ever called of the BOD?

I know for a fact that our AFA MEC President who sits on the U Board of Directors as a Delegate WAS not asked to go to a meeting nor did he attend.

So, was this some kind of secrete meeting minus labor Rep Delegates?

hmmmm another UCT?

 

[Busdrvr]

The ALPA BOD member knew from the beginning. Dubo was briefed as soon as he became MC by the outgoing MC. The incident in question (I'm reciting this from memory, so might not be perfect info...) involved when the FINAL vote was to be taken. MC Dubo was trying to stall as much as possible to sort out the particulars (Pilot contract, seniority pre-nup that complied with ALPA merger policy, ect.) Dubo did NOT oppose the merger on it's merits, just wanted all the particulars to be worked so that if it went down, it would be a success. BOD knew they needed two of the three employee reps to comply with ESOP governance rules (all transactions in excess of 100 million). System roundtable rep was PRO. In the past IAM and ALPA had attempted to vote as a block and support each other. Goodwin played nice with Dubo until Peckerpaul defected. Mr. peckerpaul was a former US Air employees (never turned a wrench at UAL). After he defected, Goodwin called the meeting (conference call) faxed over tons of data, and said "vote in 15 mins". In my book, that alone is reason to vote no. Dubo voted no, Peckerpaul voted Yes (he had the competing interest of 141M at UAL AND U, and IMHO did not comply with his fiduciary duty to the UAL IAM). Most of those players are gone now.

 

[tadjr]

Don't believe everything you hear.

Tadjr:

Do you believe everything you are told?



I cant believe everything I'm told, I cant believe everything I hear, I cant believe I'm still reading this board......

 

[Twicebaked]

Wouldn't it make more sense to concentrate on making your business healthy instead of waiting for someone else to save you?

They don't care about "saving" a company. The board, execs, major stock holders, etc... are in it for the money. If they can't get huge amounts of money they will sell. That IS business. There is NO loyalty. Hey, I like my company. NO, that's not the way it goes...unfortunately.