United Continental Holdings, Inc. owns 3 major things.
1. An Air Carrier Operating Certificate (CALA014A)
2. United Airlines, Inc.
3. Continental Airlines, Inc.
Take a look at the Operation Specifications you guys are flying under. They say on the bottom of each one, " United Airlines, Inc. and/or Continental Airlines, Inc."
The 30 year skid of United Airlines, Inc. is about to come to an end. With all the debt, PBGC liabilities, Old rat airplanes and equipment that is leased at over inflated costs, and now the 911 law suits, it time to just Chapter 7 Liquidate.
We have seen this before, first when United bought the Pacific routes from Pan Am. We saw it at Eastern, Western, TWA, People Express, you can go down the list. This is just Airline Business 101. It starts with Attorneys and finishes with ALPA having sex with itself.
The 2J's know this, or they should, they have been told that this was going to happen in the end. Pierce wants to wait till the United Seniority list is in Liquidation. Heppner wants the SLI before it happens. What are the odds? Anyone want to bet their career?
It's going to get real ugly fast.