B757200ER

There could have been hundreds more, who could have left with their entire pension intact. Instead, they stupidly stuck around AA, to "see what happened". We all now know how that worked out!

Scoop

MayDaze,

With only 18 posts its understandable that you don't yet know how to differentiate a mainline pilot with an RJ pilot. Look in the upper left of each post for equipment. Like on mine, where it says DAL737.

I was specifically referring to labor relations in my post and the fact that it would be bumpy to say the least. As far as their ability to make "tons of money" with three labor groups involved, including a potentially disgruntled AMR group - that remains to be seen.

Again - Good luck to the AMR Bubba's.

Scoop

syd111

Nice post snake, when thist first hit amr I was telling my american friends the same thing. Those brothers and sisters at other airlines can really salivate right after shaking your hand and telling you how much they feel for the position your in.

Our Mec chair even mentioned a couple of those airlines in one of last emails.

NERD

Just remember those American friends were salivating over your demise while shaking your hand.

Sink r8

Everyone salivates at everyone else's misfortune, yet virtually noone in this industry has figured out how to turn someone's misfortune into good luck for themselves. It's all degrees of misfortune, really.

So don't salivate: pucker up, and cross your little fingers.

I don't see any chance of a full blown merger between DAL and AMR. I think we're just trying to return the favor to UsAirways for their attempted hostile. If anything, I think we're taking AMR out of play, by making them too expensive. It wouldn't surprise me if this was RA actually doing Horton a favor.

syd111

Sorry my friends don't operate that way, but I am sure some at amr were thinking that way too, but dal and nwa well we all know what they were hoping for along with our national union. I just don't operate that way and would never look to gain through anothers loss. I feel for the amr folks as I think I know some of what they are going through.

eaglefly

It's a common trait of Airlinii Pilotus.

This species closest relative is the buzzard, also known to circle opportunistically waiting for the weak to be their most vulnerable and thus easy prey. An easy identifier of these cannibalistic creatures is the shrill squawk of seniority list information with which to use as a guide to determine what part of the carcass they get to start pecking.

strfyr51

************************************************** *************
While I seriously doubt many AMR Pilots were salivating over UAL routes I'ts Pretty damn CLEAR AMR and CAL Management were. So what Horton has facing Him yet to come I could care LESS. But sine American's Carty and CAL's Bethune lobbied their TEXAS president and got the ATSB loan denied what Befalls American's Management and what Befell CAL in getting "Jacked" by Tilton has me Laughing all the way to the bank. Especially since after We at UAL lost OUR pensions the Rules have changed so the PBGC won't be jumping to take over pensions unless American is Liquidated and that's a possibility that's 90/10 Not going to Happen so it's
Not worth putting much effort in to speculating about. AMR Management jumped too Late to stick it to the AMR rank and file. UAL beat you to that game. Now they'll have to come Hat in Hand to get it or TAKE it via the 1113 court process where EVERYBODY will suffer EQUALLY. Look for a LOT of AMR Senior Managment to look for "Other OPPORTUNITIES".

HalinTexas

Airlines can be cash cow, depending how far you're invested. Somehow they figure they're going to make money on the deal.

Example: Remember shortly after 9/11 UAL got in a lot of trouble. Chase Manhattan, in exchange for lots of stock, fronted them loans up to about $20B. Shortly, thereafter, a new Mileage Plus club promo came out and all members got Chase cards and more miles for using the cards to book flights. $$$ The marketing campaign really stuck out in my mind.

Did Chase make money? Don't know, but if you go to the UAL page now, you'll see those same cards. Not to mention, Chase came out relatively unscathed since '07. Remember, credit card companies make lots or money off of merchant services fees that the companies pay, not just on interest the card holder pays.

UASnake

And last year JPMorgan Chase CEO Jamie Dimon hired Glenn Tilton to be Chairman of Midwest business. Couldn't be a reward for all the UAL business Tilton sent his way, could it?

from the NY Times:

June 6, 2011, 10:42 am Revolving Door JPMorgan Hires Former United Airlines Chief

By BEN PROTESS Glenn F. Tilton, a former chief executive of United Airlines, has been named chairman of JPMorgan Chase‘s Midwest business, succeeding William M. Daley, who left the bank this year to become White House chief of staff. Mr. Tilton, 63, will also be a member of the bank’s executive committee.
The former airline and oil company executive started interviewing for the spot in early spring and has since met with “virtually all the top team at JPMorgan,” Mr. Tilton said in an interview. “The timing is important because we hope we’re in the beginning of a legitimate recovery and the Midwest is imperative to that recovery.”
As the bank’s top official in the Midwest, Mr. Tilton will focus on “building and strengthening the firm’s business and brand” in Chicago and neighboring cities, according to a JPMorgan statement.
On Monday, his first day at the bank, Mr. Tilton will dine with some 75 business leaders in Chicago.

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• Daley Made $8.7 Million Last Year

“The Midwest is an important and growing region for our company, and Glenn Tilton is an exceptionally accomplished executive who is uniquely suited to oversee our efforts there,” Jamie Dimon, JPMorgan’s chairman and chief executive, said in the statement.
Although Chicago is the business hub of the Midwest, Mr. Tilton plans to branch out the bank’s lending operations across the region.
“We have an opportunity to expand outside of Chicago,” he said. “We have to consider how best to position the image of the bank.”
Mr. Tilton will be charged with recruiting talent to join the bank’s Chicago office, although he said he had no immediate plans for hiring. He also will be the bank’s liaison with public officials in the area, a familiar role for Mr. Tilton.
As the longtime leader of United, which is based in Chicago, he has developed close relationships with local officials, including Chicago’s new mayor, Rahm Emanuel.
He also is no stranger to JPMorgan. Over the last several years, Mr. Tilton has been among the bank’s top corporate clients.
Still, a transition into the banking world is a significant change for him. Although he has experience working with investment bankers, he acknowledged that he needed to learn the retail banking side of the firm.
For now, he will remain nonexecutive chairman of United Continental Holdings Inc., the combined venture between United Airlines and Continental Airlines. Mr. Tilton steered the company through the merger, as well as the airline industry’s largest-ever bankruptcy. United filed for bankruptcy in 2002, soon after Mr. Tilton became chief executive and chairman.
Before joining United, Mr. Tilton was chairman and chief executive Texaco as well as interim chairman of Dynegy.