Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > American
US Airways Said to Develop AMR Merger Plan to >

US Airways Said to Develop AMR Merger Plan to

Search

Notices

US Airways Said to Develop AMR Merger Plan to

Thread Tools
 
Search this Thread
 
Old 04-20-2012 | 05:57 AM
  #291  
7576FO's Avatar
Gets Weekends Off
 
Joined: Aug 2007
Posts: 1,042
Likes: 0
From: 737 CA MIA
Default

Originally Posted by Tomahawk58
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.


Explain 100% safe? I still say you are not a pilot for American Airlines. You are either management or someone from AirCon.

Pretty gutsy to tell the junior guys what to do.

“I'm not upset that you lied to me, I'm upset that from now on I can't believe you.”
Friedrich Nietzsche
7576FO
Reply
Old 04-20-2012 | 05:58 AM
  #292  
Gets Weekends Off
 
Joined: Feb 2008
Posts: 254
Likes: 0
Default

Looks like unions drew the line in the sand, all-in!! Well Horton what's it going to be??
Reply
Old 04-20-2012 | 06:09 AM
  #293  
Line Holder
 
Joined: Mar 2011
Posts: 94
Likes: 0
Default

Signed Agreements with Three Unions at American Airlines: An Important Message from CEO Doug Parker

April 20, 2012

Dear Fellow Employees –

Today, we filed a statement (a form called an 8-K) with the Securities and Exchange Commission disclosing that we have signed agreements with the three unions that represent nearly 55,000 American Airlines employees. These unions are the Allied Pilots Association (APA), the Association of Professional Flight Attendants (APFA) and the Transport Workers Union (TWU), which represents all of American Airlines’ mechanics and fleet service employees. Shortly after our disclosure, these three unions issued a public statement announcing their support of a US Airways-American Airlines merger and that they have agreed to terms that would govern collective bargaining agreements for their members at the merged airline. I want to explain to you why we have done this and what it means.

First of all, today’s news does not mean we have agreed to merge with American Airlines. It only means we have reached agreements with these three unions on what their collective bargaining agreements would look like after a merger, and that they would like to work with us to make a merger a reality. To get to an actual merger, many more things must happen including gaining the support of AMR’s creditors, its management team and its Board of Directors. But this is obviously an important first step along that path and we are hopeful we can all work together to make this happen.

All of you have heard me talk about the benefits consolidation has created for US Airways and our industry. You have also heard me say that US Airways does not need to merge with anyone, as evidenced by our team’s outstanding results. That is still the case, but after studying American Airlines’ current state and their future plans, we have concluded that a merger with American, while they are undergoing their bankruptcy restructuring, represents a unique opportunity that we should not ignore. These beliefs are shared by the three American labor unions and we are delighted to have their support. Like us, they recognize the potential of a merger to improve the current and future careers of both airlines’ employees.

Combining American Airlines and US Airways would create a preeminent airline with the enhanced scale and breadth required to compete more effectively and profitably. Our intention would be to put our two complementary networks together, maintaining both airlines’ existing hubs and aircraft, and create an airline that could compete successfully with United, Delta and other carriers within our industry. A merged airline would provide competitive, industry-standard compensation and benefits, as well as improved job security and advancement opportunities for all employees of the combined airline. Most importantly, in American’s standalone strategy, over 13,000 employees at American will lose their jobs. Our merger contemplates saving at least 6,200 of these positions. For the US Airways team, the agreements we have reached with the unions representing employees at American would also provide enhancements to the compensation and benefits currently in place here.

Today is one step in what will be a much longer process. For now, it remains business as usual. We must continue to provide the outstanding service that customers have come to expect from US Airways.

In the meantime, if you have any questions, please stay connected via Wings (www.wings.usairways.com) and we will continue to provide updates on our progress. Thanks for all that you continue to do to take care of our customers. Together, whether a merger is our future or not, we will continue to run a great airline and have a bright future ahead of us.
Sincerely,



Doug
Reply
Old 04-20-2012 | 06:46 AM
  #294  
Gets Weekends Off
 
Joined: Nov 2011
Posts: 262
Likes: 0
Default

Originally Posted by 7576FO
Explain 100% safe? I still say you are not a pilot for American Airlines. You are either management or someone from AirCon.

Pretty gutsy to tell the junior guys what to do.

“I'm not upset that you lied to me, I'm upset that from now on I can't believe you.”
Friedrich Nietzsche
7576FO
Is there something about 100 percent that doesn't compute?
Reply
Old 04-20-2012 | 07:13 AM
  #295  
flyallnite's Avatar
Gets Weekends Off
 
Joined: Dec 2009
Posts: 1,898
Likes: 0
From: Stay THIRSTY, my friends!
Default

This at least gives the two ( three really ) pilot groups the -opportunity- to return to a career with some potential and build a successful enterprise. If they can manage some give and take, the upside could be worth it.

It would sure be nice to see labor face palm managements attempt at running the bankruptcy rape job play. That could set a precedent in the industry that would benefit everyone.
Reply
Old 04-20-2012 | 07:20 AM
  #296  
Banned
 
Joined: Jun 2008
Posts: 8,350
Likes: 0
Default

APA was able to achieve in a few weeks with U management what they couldn't achieve in half a decade with AMR. At this point, I see an amazing amount of optimism brewing. Regardless of what Horton & Co. say now, I think the game is over.

Imagine a competitor coming in and winning over your employees in weeks. Still a long way to go, but I can't recall such an easy outside corporate coup in any industry like this.

That says a lot about how completely out of touch management has been with their core asset for so many years. What a colossal blunder. The only way Horton can keep AA is to force it and that will alienate the employees to such a degree, I think no one will back them at that point. It would be the first "hostile takeover" of a company by it's OWN management.

IMO, Horton had it all before him on 11/29, but blew it.
Reply
Old 04-20-2012 | 07:22 AM
  #297  
Banned
 
Joined: Jun 2008
Posts: 8,350
Likes: 0
Default

Originally Posted by flyallnite
This at least gives the two ( three really ) pilot groups the -opportunity- to return to a career with some potential and build a successful enterprise. If they can manage some give and take, the upside could be worth it.

It would sure be nice to see labor face palm managements attempt at running the bankruptcy rape job play. That could set a precedent in the industry that would benefit everyone.
Yep, like Horton, now it's Parker's turn. Let's hope he's learned not only from the past, but from Horton's mistakes as well.

I'm rooting for him and we shall see.
Reply
Old 04-20-2012 | 07:27 AM
  #298  
LittleBoyBlew's Avatar
Gets Weekends Off
 
Joined: Nov 2006
Posts: 599
Likes: 0
From: Bigg Bird!!
Default

Originally Posted by eaglefly
Yep, like Horton, now it's Parker's turn. Let's hope he's learned not only from the past, but from Horton's mistakes as well.

I'm rooting for him and we shall see.
The AMR BOD will not give the keys to it's Ferrari to Parker without warning. Put a scratch on the paint and you're gone. I'm sure Parker is aware of this. He will deliver, or else!!
Reply
Old 04-20-2012 | 08:10 AM
  #299  
Banned
 
Joined: Jun 2008
Posts: 8,350
Likes: 0
Default

Originally Posted by LittleBoyBlew
The AMR BOD will not give the keys to it's Ferrari to Parker without warning. Put a scratch on the paint and you're gone. I'm sure Parker is aware of this. He will deliver, or else!!
For the last decade the BOD has been no where to be found while Arpey either slammed into every street pole in the street or ran it off the road.
Reply
Old 04-20-2012 | 08:17 AM
  #300  
Gets Weekends Off
 
Joined: Jun 2010
Posts: 1,792
Likes: 0
From: Doing what you do, for less.
Default

Originally Posted by LittleBoyBlew
The AMR BOD will not give the keys to it's Ferrari to Parker without warning. Put a scratch on the paint and you're gone. I'm sure Parker is aware of this. He will deliver, or else!!
The BOD doesn't really get a say. There are 9 creditors that are running things. The unions are 3 of the 9, and the PBGC is another. US has deals with those 4 already. 1 more and they have a majority of the creditors onboard.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Frisky Pilot
Regional
20
01-01-2022 05:02 PM
whoareyou310
Piedmont Airlines
59
08-21-2009 05:59 AM
RedBaron007
Major
3
01-31-2007 09:05 PM
Sir James
Major
0
03-15-2005 08:35 PM
RockBottom
Major
0
03-07-2005 11:04 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices