Originally Posted by
iahflyr
Well, it didn't last long. UAL went into bankruptcy and the court had no problem gutting the contract because of how overvalued it was (including terminating pensions). In addition, many pilot jobs were outsourced to someone who could do it cheaper. And now, even 10 years later, the best pilot contract out there doesn't come close to matching their rates.
I think C2000 at UAL is way too much for 2010.
Maybe we need to bring your expectations up a bit.........with scope, QOL improvements etc. I don't expect C2000 rates, but very close. The last quarter profit would pay for much of the entire contract to put things in perspective.
Without the advertised "synergies" UAL makes THAT kind of coin ?!
If the airline was fully integrated I wonder what the profit would have been then?
FUPM
Oh about the UAL pension debacle.....there is a great episode of Frontline about it and available on the web.
