Thread: Eagle TA
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Old 08-16-2012 | 09:41 AM
  #106  
tmtbiker
On Reserve
 
Joined: Apr 2010
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the letter raises some good points, but has some weak areas too.

author is looking for a "fleet plan", but admits we're probably merging/getting bought by US Air..goodbye fleet plan, business plan, etc etc when that happens. Remember when all the TV's at the gates said "LARGEST AIRCRAFT ORDER EVAR!!!!!" for AA? Clearly a fleet plan doesn't mean squat, and can change at any time. Do the best with what you have, and don't paint yourself into a corner for future negotiations.

A friend of a friend overheard garton and winkley talking on their phones about getting -900s?? What's next, eagle getting the 319's? We have no idea what the scope clause looks like going forward, so any "facts" here are educated guesses AT BEST. Even if i were to believe the stories provided in the letter, you still must consider the source. Winkley was the guy who told some of our december '11 new hires that 'you'll be fine, dont worry about the bk' and a week later they were furloughed. Best taken with a bit of salt IMO.

Still, the letter does make some good points. No sense in rushing anything at this point, too many unknowns and/or moving parts. Also, I agree that under our current business model, eagle is most likely profitable and labor costs are actually more reasonable than we've been led to believe. Tough to argue that we need to take concessions, but unfortunately in BK we're instantly at a disadvantage. The Ch. 11 process is nothing more than a vehicle to restructure some debt and break down the unions, especially when you've got $5 billion in the bank when you enter.....
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