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Originally Posted by Tomahawk58
(Post 1182989)
The even sadder development is just how much the APA is being played by Mr Parker all the while thinking they're "in control".
You wake in the morning and realize you threw in you lot with a guy dealing in fool's gold. The west folks see the dance of the sugar plum fairy and visions of a new tomorrow. The East guys will wonder why they got ganged upon and we poor AAer's....well, we'll deserve it! There are guys like you during every merger and guess what happens?? Two airline merge! Shocking! Economies of scale makes the new airline more efficient and the union can demand higher salaries. It almost sounds like you're not a pilot... |
Originally Posted by cactiboss
(Post 1183065)
Dude, bankers are knocking down Parker's door to get into this deal, the whole industry (except for swa) , analysts etc. want this merger to happen, you need to look at why that is.
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Originally Posted by hickspilot
(Post 1183069)
Why except for SWA?
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The U. S. airline industry seems well on its way to becoming an oligopoly, after years of consolidation, Barron's says. Industry analysts say the consolidation that has occurred in recent years has led to more pricing power in what is essentially a commodity product. Under this scenario, American Airlines (AAMRQ.PK), a relatively disruptive force leading up to its bankruptcy filing in late November, could eventually be swallowed up by US Air, Barron's reports, leaving a big three with enhanced market power. This should benefit Delta (DAL), US Airways Group (LCC) and, most of all, United Continental Holdings (UAL).
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Originally Posted by eaglefly
(Post 1182557)
Aside from the rambling psychotic delivery, he makes some valid points. This airline has nowhere to go but up and the present philosophy of doubling down on the practices of the past will be the worst possible risk for creditors and investors............well, with a few exceptions. :cool:
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Originally Posted by hickspilot
(Post 1183110)
aside from all the profanity what specifically is he mad about? i watched the video but i fail to see what he is losing besides a pension. how big of a hit is this?
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Originally Posted by Stratosphere
(Post 1183149)
Well as much as I agree with what he said I believe once he started dropping the F bombs his credibility was lost. He is mostly speaking from his nut stomping that they all took in concessions in 2003 I believe. Now they they (AA) want to take more. I know all too well his anger..When I was working for NWA we OWNED all our a/c. Well corporate raiders Al Checchi and gang came in and through an LBO bought NW for about 80 mil took all our a.c sold them and leased them back then charged NW to lease them and a consulting fee from a newly created company. Then in our case in 1993 pleaded poverty and wanted huge concessions from all the unions. Then when we gave in after the iam kept bringing back the vote til it passed. Then the next day gave themselves HUGE bonuses for making us swallow that ****** sandwich.
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Originally Posted by KillingMeSmalls
(Post 1183067)
If this merger does happen, and when all your conspiracy theories don't come true, will you give a public apology on APC?
There are guys like you during every merger and guess what happens?? Two airline merge! Shocking! Economies of scale makes the new airline more efficient and the union can demand higher salaries. It almost sounds like you're not a pilot... If I understand what you're implying by "economies of scale" Mr Parker's own team is undeserving of any raises till the point of a completed merger. I guess that's the reason he didn't approach them in the middle of the night for a week. All will be well in the Central, East and West once Mr Parker has His way. Hmmm.....I'm still not buying it. |
Originally Posted by cactiboss
(Post 1183065)
Dude, bankers are knocking down Parker's door to get into this deal, the whole industry (except for swa) , analysts etc. want this merger to happen, you need to look at why that is.
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Originally Posted by Tomahawk58
(Post 1183249)
Hmmm.....I'm still not buying it.
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