AA TA - Industry Rate Comparables (DOS+36)
07-05-2012, 01:22 PM
#41
Gets Weekends Off
Joined APC: Aug 2008
Position: forever fo
Posts: 2,413
Originally Posted by cactiboss
I do. Look this merger is going to happen, please don't think I want to influence your vote either way based on my desire to merge, I just happen to agree with your leaderships position. 13.5% can yield a lot of leverage for you guys.
07-05-2012, 10:54 PM
#42
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Originally Posted by aa73
BINGO Eaglefly!
TSquare, if I have to choose between voting yes to career suicide vs taking my chances with the judge, suffering for a year or two (if AA even survives the labor chaos) and getting a chance to renegotiate under the RLA once we exit, the choice is easy.
There is no respect associated with a Yes vote.
A No vote means I am willing to fight.
'Nuff said!
TSquare, if I have to choose between voting yes to career suicide vs taking my chances with the judge, suffering for a year or two (if AA even survives the labor chaos) and getting a chance to renegotiate under the RLA once we exit, the choice is easy.
There is no respect associated with a Yes vote.
A No vote means I am willing to fight.
'Nuff said!
07-06-2012, 02:43 AM
#43
Line Holder
Joined APC: Feb 2008
Posts: 80
I am also a NO vote. If this thing passes it will be by the thinnest of margins. I personally think it will fail.
Regardless, I also think the LCC deal is D.O.A. There isn't enough support on the UCC to get it done. Horton will be aloud to take the ship out of BK. Then all bets are off.
No matter how you turn it around this whole thing is one doosy of a **** sandwich..
Regardless, I also think the LCC deal is D.O.A. There isn't enough support on the UCC to get it done. Horton will be aloud to take the ship out of BK. Then all bets are off.
No matter how you turn it around this whole thing is one doosy of a **** sandwich..
07-06-2012, 05:04 AM
#44
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by rickt86
I am not trolling, but what does that 13.5% really get, I know United got something like this in CH11 and I was told in the end it was nothing more than something that could be cashed in for about 80k.
Divide that over at least 9 years of this agreement and it's peanuts.
07-06-2012, 11:45 AM
#46
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by cactiboss
What makes you think this is the case? I haven't seen any evidence that this is the case.
Don't panic just yet cacti, your merger desires in the hope of driving a stake through the heart of USAPA are still very much the likelihood. The Airbus contract you may have to work under for the next decade may be horrifying though.
07-06-2012, 02:19 PM
#48
Line Holder
Joined APC: Feb 2008
Posts: 80
Just my opinion but I dissagree that Horton will persue a merger with LCC post BK. I think AA will merge but the first likely candidate is B6. It's an open secret that AA wants JetBlue and has been opined by both Horton and Hale in informal conversations at the puzzle palace.
As I have stated before AA has 5+billion dollars in cash and does not want to be baught. BK precedent strongly favors the desires of the debtor. AA has the support of every UCC member save the unions. If AA reaches agreement with APA then the PBGC claim becomes irrelevent. As Mr. Spock would say: "Simple logic will suffice".
The outcome of this is fairly self evident.
As I have stated before AA has 5+billion dollars in cash and does not want to be baught. BK precedent strongly favors the desires of the debtor. AA has the support of every UCC member save the unions. If AA reaches agreement with APA then the PBGC claim becomes irrelevent. As Mr. Spock would say: "Simple logic will suffice".
The outcome of this is fairly self evident.
07-06-2012, 10:58 PM
#49
Banned
Joined APC: Apr 2008
Posts: 3,240
Originally Posted by eaglefly
Parker's already all but admitted they'll do the deal after AA exits, so little point in APA having any influence in anything during BK. Horton and Parker will do the deal between them outside C11, when other parties don't have a judge or creditors to woo or drive up the price/cost.
Don't panic just yet cacti, your merger desires in the hope of driving a stake through the heart of USAPA are still very much the likelihood. The Airbus contract you may have to work under for the next decade may be horrifying though.
Don't panic just yet cacti, your merger desires in the hope of driving a stake through the heart of USAPA are still very much the likelihood. The Airbus contract you may have to work under for the next decade may be horrifying though.
07-06-2012, 11:59 PM
#50
Banned
Joined APC: Jun 2008
Posts: 8,350
Originally Posted by cactiboss
When has Parker admitted that? Parker has always said the merger can only work while in bk. I have spoken to some of the highest placed execs and they seem to think very differently than you.
Parker even blew Horton a kiss when he said U was pleased with AMR's exclusivity extension. I think they are on the same page behind the scenes with U agreeing not to upset the C11 apple cart in exchange for being given the apples later. As captain Jack Sparrow repeatedly plead, "wait for the opportune moment" and not to do anything stupid before then.
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