Originally Posted by
757Driver
Knew this stuff would appear eventually.
First off, a little history. 1 year ago my pals at UAL were praying that we'd hook up while I told them we, (CAL), weren't interested.
May, merger announced, celebrations at UAL, not so much at CAL. Like it or not, we are arguably the more successful carrier. Not sugar coating anything by saying this and quite frankly, we'd have been fine on our own.
Merger is rolling on, full steam ahead and here comes the UAL bravado. Yes you have SOME better work rules but your contract is a shell of it's old self. Should we base the merged seniority list solely on that? Well if we do that perhaps it should be based solely on pay rates where we have a distinct advantage? Ridiculous
Can't wait for the brain surgeon comments to come out next.
Farmer, perhaps you should stick with what you know and go back to your crops.
As a disclaimer, 99% of the UAL types I've spoken with have been gracious and optimistic about our upcoming nuptials. Look forward to flying with you types, farmers excluded.
Your opinion and far from a forgone conclusion. This is the kind of stuff an arbitrator will ALSO consider.
Aug. 2, 2010, 12:46 p.m. EDT
Moody's raises UAL's rating; may upgrade further
SAN FRANCISCO (MarketWatch) -- Moody's Investors Service on Monday raised UAL Corp.'s (NASDAQ:UAUA) corporate family rating to B3 from Caa1 and kept it on review for possible further upgrade on UAL's upcoming merger with Continental Airlines (NYSE:CAL) . "The upgrade of the ratings recognizes the strengthening of liquidity and credit metrics that has occurred since the beginning of 2010," said Jonathan Root, Moody's airline analyst. Root noted that UAL's capacity discipline, well established position in the trans-Pacific and geographically advantaged West Coast hubs have helped the airline to significantly improve its operating metrics in the first half of the year, which has led to strong earnings growth. At the same time, Moody's affirmed Continental's rating at B2 with a negative outlook.