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What Will Be The Most Likely Outcome Of U

What will be the most likely outcome of U

  • survive and prosper no changes

    Votes: 0 0.0%
  • restructure under chapter 11 bankruptcy

    Votes: 0 0.0%
  • liquidate under chapter 7 bankruptcy

    Votes: 0 0.0%
  • restructure all labor contracts and prosper

    Votes: 0 0.0%
  • restructure all labor contracts and still fail

    Votes: 0 0.0%
  • restructure some labor contracts and prosper

    Votes: 0 0.0%
  • restructure some labor contracts and still fail

    Votes: 0 0.0%
  • one of usaviations posters predictions will come true

    Votes: 0 0.0%

  • Total voters
    0
Tim Nelson:

Great example... Air Canada has had at least one BK Plan fall through because of their labor negotiations. Although, because of the differences in BK, ownership laws in Canada, plus the completely different competitive landscape, I have not payed very close attention to Air Canada's BK.
 
funguy2 said:
Tim Nelson:

Great example... Air Canada has had at least one BK Plan fall through because of their labor negotiations. Although, because of the differences in BK, ownership laws in Canada, plus the completely different competitive landscape, I have not payed very close attention to Air Canada's BK.
Funguy.

let me hit a little closer to home,
In an article by Micheline Maynard,
Dr. Bronner said,
" "...that without concessions, we'll pull the D.I.P. financing and they're gone."

The article also cites the following text:
"the airline has asked union members for further cuts in pay and benefits. If they do not comply, Mr. Bronner said in the interview, the airline would go out of business and be liquidated in bankruptcy court. "What's their alternative?" he asked rhetorically. "If they don't want to do this , we'll Chapter 7 it."

As you can see funguy, it doesn't matter what country...when you're talking big money investments or securities, contracts need to be in place to make such huge investments stable.

Many other examples exist but I mention two because Air Canada is current and the above one is closer to home.

There are innovative and reasonable methods for management and Labor to solve the equation that I believe will bring workers and management together but the methods assume that management really wants to run this airline....something that I haven't been sold on yet. It also assumes that the IAM is bright enough to relate to members while at the same time being innovative in negotiations as opposed to 'same ole'. Herein lies the riddle, practically all the IAM members I speak with want to keep the concession stand closed regardless, but you need them to sign on to have any chance of staying out of chapter 7 so what do you do? Two hints, strong arming will meet its reward in Chapter 7, and the second hint wil bridge the riddle but it requires all ears to be open.

At any rate, I'm not convinced that the IAM knows what it's doing or what members want since they are a long way from home. Difficult situation indeed.

Interesting discussion.

regards,
 
I think everyone is missing one other option...

The selling of assets to another carrier for ownership in that carrier, then U is a shell company and you know what hits the fan...!!

They won't Chapter 7 because that would kill MAA, there has to be somewhere to put the left-over $$$$$ 😱

SL
 
I just want to BREATHE again. I want to wake up the next morning and just frigging breathe. As awful as this may sound or come across, if I were to turn on the news in the morning and saw the headlines that we had locked our doors, I really think I would beging to Breathe. Isn't that terrible. But I just want to breathe again. 🙁
 
100% in agreement here also!!!!!!!! Sad but true most employee's have accepted the fact that the days are numbered..............all we want is closure.......
 
El Gato said:
C11 or C7, the IAM and AFA are going to kill the company and everyone else's jobs with it. The sky waitresses and elevator repairmen will be out there in front of the terminals holding up "We won" signs while the other folks who wanted to keep their jobs get screwed out of their livelihoods. Yep, unions chalk up another "victory" if that happens.
EL GATO;

Did you ever entertain the thought of becoming a member of US management ??

If you did'nt, YOU SHOULD !!!!!!!!!!
You're EXACTLY what "their" looking for.

NH/BB's
 
Ktflyhome, Pitguy, & AP Tech:

Ktflyhome said: “just want to BREATHE again. I want to wake up the next morning and just frigging breathe. As awful as this may sound or come across, if I were to turn on the news in the morning and saw the headlines that we had locked our doors, I really think I would beging to Breathe. Isn't that terrible. But I just want to breathe again.â€￾

USA320Pilot asks: I do not understand this logic. If this job makes you want to “just frigging breatheâ€￾ than why stay at the company if you are so miserable? Why not quit and go do something else? Life is too short to be miserable working in an atmosphere where it’s difficult for you to breath.

If all you want is closure why don’t you quit and for that matter do it tomorrow?

Respectfully,

USA320Pilot
 
USA320Pilot said:
USA320Pilot asks: I do not understand this logic. If this job makes you want to “just frigging breatheâ€￾ than why stay at the company if you are so miserable? Why not quit and go do something else? Life is too short to be miserable working in an atmosphere where it’s difficult for you to breath.

If all you want is closure why don’t you quit and for that matter do it tomorrow?

Respectfully,

USA320Pilot
What are you Spock from Star Trek? For the love of God, not everyone is like you USAA320pilot - you seem to have a heck of a time understanding this. Respecting differences is something you just will never get. There are a lot of employees who have been cut off at the knees already and are looking elsewhere. In the meantime, smart employees should USE US Airways to get another job. It sucks that it has to come to this, but it has and, well, frankly I don't give a damn anymore. Full pay to the last day, so be it.
 
EyeInTheSky:

EyeInTheSky, with all due respect, why do you want to hurt other people? Furthermore, if US Airways shuts down, how can smart employees use US Airways to get another job?

Respectfully,

USA320Pilot
 
USA320Pilot said:
EyeInTheSky:

EyeInTheSky, with all due respect, why do you want to hurt other people? Furthermore, if US Airways shuts down, how can smart employees use US Airways to get another job?

Respectfully,

USA320Pilot
USA320Pilot, with all due respect, the smart ones will be gone. What does that make you? You want a medal for last man standing at the gate?
 
USA320Pilot: You just don't get it, you just don't get IT!!!!! :blink: <_<
 
Now if only USAir could get Jim Kirk to run the airline... A competent leader who is somewhat of a cowboy. Now there is an idea
 
USA320:

Do you ever notice that you always stand alone in your posts on here?

There is a plethora of opinions here on USaviation and sometimes things get heated. But at the end of the day we all respect each other.

You're different. You repeat the same self-serving propaganda, predict and hope for terrible things to happen to other companies, invent crazy scenarios that never happen and try to convince everyone that you're some magical orb that management confides secrets in. You have the nerve to demand people to give up themselves and thier families livelihoods, or even thier jobs, to serve your goals. You dont care about any of us, and therefore we dont care that you need this more than anyone to maintain your lifestyle. You go be an F/O at America West, they're hiring. If you dont like it you can use your time to find another job.

You come on here thinking you can enrage people into sacrificing for your agenda. But you stand alone. You always do.

The definition of insanity is doing the same thing over and over again and expecting different results. I'd advise both the company and yourself when you post to consider this.
 
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