Ukridge
Senior
- Aug 27, 2002
- 354
- 0
Well, I thought I would take a moment to check in and see if United was still in business and that I shall one day be able to use my miles to take the family across the water to Disney world. Of course I check this board only out of a prurient interest in witnessing the macabre manner is which the long knives are always drawn against United. These knives of course are wielded not only by media and corporate interests but even by the working stiffs themselves. Yes! It is a powerful illusion – that of the working man with sweaty brow and crooked back standing in shoulder to shoulder solidarity with his fellow clock-punchers. Unfortunately, this of course is a mere illusion and the masses have seemed to devolved into a frenzied mob that to this date still clamour and delight in the destruction of 80,000 jobs of their “brothers.†No, do not demand better from the noblesse (the management), merely delight in the torment of the poor souls who will with kith and kin be put onto the street.
So, as I pursued the board to see if that vacation may one day still be a reality, I noticed the mention once again of Mr. Chip Munn. With piqued interest, I sallied over to the USAirways board to read some of these missives that apparently so sway the U.S. airline industry. To be fair I must ask what are this gentleman’s bona fides?
As an outsider, I enjoy watching not the specifics but rather the drama of the events. I may err, but after having grown up on a steady diet of John Le Carre, I must ask that why would decision makers release information to, and even more markedly – through, a person that is to these very same decision makers a cost unit in the corporate business plan? In the Le Carre novels such a person would after the shout and tumult feel sullied by having been used and discarded by those in the seat of power.
I come from a very class conscious society and am often startled by the American desire to mix and match. . Rod Eddington (chief of BA, and yes, from Australia) was a Rhodes and read physics while at Oxford. He deigns not to play the blue collar sweaty and cavort with the workers. His propositions are not leaked from various sources. In turn the workers do not insinuate themselves into the executive suite. The same goes with the head of Lufthansa and even more so with Air France whose leader himself is an X (very pedigreed French background).
On my part I deign not to know what the specifics of your industry are. I do not know various BK financing arrangements and it could be possible that Mr. Munn’s bona fides do indeed lie within this expertise. All I ask however, is that within the drama of the industry why does Mr. Munn write so extensively concerning United and why in the name of all that is good and right in the world would Wall Street analysts relay information to him that could be better used to serve their clients? I would think that the other airlines smelled blood in the water and have done everything possible to make life miserable for United. Dissension in the executive staff at UAL? Yes, I hope so. Even your vaunted Bush administration has a rift as large as Europe between state and defence.
The last question I have is that the October dip requirements are quoted as an almost drop-dead date. In other words, if United does not meet them then, ergo, liquidation is automatic. Would not these dip lenders reconsider the situation on a case basis?
Ah, the real last question. If the government guarantees a loan, is this not a significant boost for United? They can default and yet the loan is paid? I cannot think of any lender that would not make this.
Cheers
So, as I pursued the board to see if that vacation may one day still be a reality, I noticed the mention once again of Mr. Chip Munn. With piqued interest, I sallied over to the USAirways board to read some of these missives that apparently so sway the U.S. airline industry. To be fair I must ask what are this gentleman’s bona fides?
As an outsider, I enjoy watching not the specifics but rather the drama of the events. I may err, but after having grown up on a steady diet of John Le Carre, I must ask that why would decision makers release information to, and even more markedly – through, a person that is to these very same decision makers a cost unit in the corporate business plan? In the Le Carre novels such a person would after the shout and tumult feel sullied by having been used and discarded by those in the seat of power.
I come from a very class conscious society and am often startled by the American desire to mix and match. . Rod Eddington (chief of BA, and yes, from Australia) was a Rhodes and read physics while at Oxford. He deigns not to play the blue collar sweaty and cavort with the workers. His propositions are not leaked from various sources. In turn the workers do not insinuate themselves into the executive suite. The same goes with the head of Lufthansa and even more so with Air France whose leader himself is an X (very pedigreed French background).
On my part I deign not to know what the specifics of your industry are. I do not know various BK financing arrangements and it could be possible that Mr. Munn’s bona fides do indeed lie within this expertise. All I ask however, is that within the drama of the industry why does Mr. Munn write so extensively concerning United and why in the name of all that is good and right in the world would Wall Street analysts relay information to him that could be better used to serve their clients? I would think that the other airlines smelled blood in the water and have done everything possible to make life miserable for United. Dissension in the executive staff at UAL? Yes, I hope so. Even your vaunted Bush administration has a rift as large as Europe between state and defence.
The last question I have is that the October dip requirements are quoted as an almost drop-dead date. In other words, if United does not meet them then, ergo, liquidation is automatic. Would not these dip lenders reconsider the situation on a case basis?
Ah, the real last question. If the government guarantees a loan, is this not a significant boost for United? They can default and yet the loan is paid? I cannot think of any lender that would not make this.
Cheers
46 AM ExThunderGuppy wrote: 
