I see those carriers doing things that are outside of BK. First of all, those C11's were 5-8 years ago (a lifetime in the airline industry). During that time, AMR did virtually nothing competitively with their product with the exception of buying hundreds of small RJ's that have become worthless......well, that and stuffing their pockets at every opportunity. The source of the cash to fund that was the 1.8 billion in concessions that were entrusted to them.

If you read Horton's 6,500 page manifesto, it's just a redeux of what they did before, just with larger RJ's and I'm sure more executive gi-gi. Meanwhile, WITH those CURRENT costs, DAL and UAL are making quarterly profits while AMR posts huge losses in C11 where you don't even pay many of your bills and debts. But cash is going UP !

One would have to be a complete sap to overlook the past and present and be a fool to think anything's going to be different in the future at this point. I think most of us are ready to take our chips and try a different table.

 

That isn't Parker's doing. Even as CEO, he is legally powerless to do anything. That split is solely the doing of a group that can't stick to agreed arbitration. It's that emotional thing that was quoted earlier, I guess.

You can count on APA not settling for the pathetic pay rates USAPA East has porked themselves with.

 

"The US pilots have a snap-back provision in place." -Tomahawk

I am not sure, but I think that was shot down. The US pilots hoped for it, but it didn't pan out in court as I understand.

I could be wrong, so a USAir guy could chime in...

 

Dramahawk,

Don't you dare compare yourself or AMRs situation to anything you read in Fate is the hunter. That was when the commercial aviation was a fledgling endeavor. The only comparison btw then and now is airplanes. The aviation pioneers of that time, while ruthless were at least trying to improve and grow their creations. The scum that run (have ruined) this industry are out for one thing, and one thing only and that is enriching themselves and a select few. With the exception of LUV they have shown nothing but contempt for the employees and customers. I believe you have stated that you are a mid 80s hire at AA. That says alot about you. The first generation of "shiny jet syndrome". The B scale. Congrats on not getting hired at FDX, NWA, or DAL(probably leaving out some other non B scale airlines) You and your generation are what is wrong with this industry the last 20-25 years. Spineless. Do us all a favor and retire or shutup. Some of us are trying to turn this profession around.

 

The US snapback was shot down in court... similar to every other effort by USAPA.

 

So the pilots will put the company into BK huh?? And you want us to believe that you're a pilot and not a management puppet.

 

LOA 93 snapback was shot down but he is talking about the change in control snapback put in place for a merger. That is still there however as long as us airways maintains control there is no change in control, therefore no snapback. Parker has stated that they will find a way around this if they had too though

 

As ever, there's no shortage of emotion here . So why do the deal in BK if not to drive even further cost-cutting. I'm sure those in favor think Doug and Scott are doing this out of the goodness of their hearts and are only thinking about the lives of the pilots and other employees, sure they are!

I'm 100 percent safe so I win in either scenario, but I'd prefer AA to remain AA!!!

US has shown no hesitation whatsoever about using the BK process, and I'm betting we revisit the courthouse steps within a decade.

 

CNN has a breaking new banner saying USAirways is officially saying they have reached an agreement with 3 AA unions for support of the merger.

 

US Airways Sets Terms With AMR Unions for Possible Merger - Bloomberg

US Airways Group Inc. (LCC) said it reached agreements on contract terms for major unions at American Airlines ahead of a possible merger offer for the AMR Corp. (AAMRQ) unit.

US Airways didn’t disclose any details for how it would proceed with a “business combination” with American, which has said it wants to exit bankruptcy protection as a stand-alone airline. The labor accords are contingent on reaching a deal with AMR, US Airways said in a regulatory filing.

Terms disclosed in documents provided to the unions said a combined carrier would keep the American name and headquarters in Dallas-Fort Worth. American’s union leaders have thrown their support behind the possible merger, saying that’s the best chance to grow and preserve jobs at the airline.

“Our airline’s future is far brighter with this transaction and the US Airways team,” the Association of Professional Flight Attendants said in a statement e-mailed to members.

US Airways said it reached agreements with the flight attendants, Allied Pilots Association and the Transport Workers Union, which represent about 48,000 active employees at Fort Worth, Texas-based American.

US Airways, based in Tempe, Arizona, rose 1.3 percent to $9.63 at 9:37 a.m. in New York, heading toward a fifth straight daily advance.

American will go before U.S. Bankruptcy Court in New York on April 23 as it seeks permission to throw out existing contracts and impose new terms that will cut 13,000 union jobs and reduce labor spending by $1.25 billion a year.

To contact the reporter on this story: Mary Schlangenstein in Dallas at [email protected]

To contact the editor responsible for this story: Ed Dufner at [email protected]