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View Full Version : Merger?


Deluth16
05-23-2018, 10:09 AM
Ok, so the TA is disappointing. Sounds like AWAC is getting set up to be merged or sold off?
The new TA is completely strange. 7+ years waiting for that? There’s got to be more to this.


prex8390
05-23-2018, 10:44 AM
Sold
Filler

StrykerB21
05-23-2018, 11:11 AM
Before the United announcement there were all kinds of rumors, none of them were true. Unless its grounded with some official statement, rumors shouldnt continue.


Soxfan1
05-23-2018, 11:15 AM
Counter would be if AWA had plans to do any of the above you would move money back - not front load it. So you would not offer any bonus, a small year one raise and have larger ones in 2-3 knowing the pilots wouldn’t see it. Instead they are ( assuming it passed ) paying 400 pilots 8K in a 15 month span. And a tiny raise year 3.

If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.

Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.

That said who knows what the master plan is and isn’t.

T28driver
05-23-2018, 11:51 AM
Counter would be if AWA had plans to do any of the above you would move money back - not front load it. So you would not offer any bonus, a small year one raise and have larger ones in 2-3 knowing the pilots wouldn’t see it. Instead they are ( assuming it passed ) paying 400 pilots 8K in a 15 month span. And a tiny raise year 3.

If they knew they wouldn’t be around in a year they could offer a TA with 5% raises in year 2 and another 5% in year 3, but only 1-2 in year one.

Instead if they front loaded the money over the next 16 months. Doesn’t add up to a move you make if you are shutting the doors.

That said who knows what the master plan is and isn’t.

This is incorrect, and I recommend you look into the “successorship” section of our current contract/the new TA. In plain English, whatever contract we are under if we are sold or merged must be honored.

The decision to go with a front loaded bonus as opposed to using that money for an hourly rate increase is interesting, to say the least.

Soxfan1
05-23-2018, 12:37 PM
This is incorrect, and I recommend you look into the “successorship” section of our current contract/the new TA. In plain English, whatever contract we are under if we are sold or merged must be honored.

The decision to go with a front loaded bonus as opposed to using that money for an hourly rate increase is interesting, to say the least.

Valid point for sure and eliminates my theory to a point. That would be if there was plans for m&a. If the plan was liquidation of assets as the OP mentioned then it would still be true.

I dont see that happening though. We are worth much more as a whole company if for no other reason then it comes with 550 pilots already trained. So to your point and if a m&a is more likely - a cheaper contract increases the value of the company.

Actually what is the most likely is the status quo. That’s my prediction. Nothing will happen.

pitchtrim
05-23-2018, 12:46 PM
Let's be honest, no one knows. Speculation and rumors rarely come true when it comes to awac. Odds are status quo till they can't.

Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.

Soxfan1
05-24-2018, 04:04 AM
Let's be honest, no one knows. Speculation and rumors rarely come true when it comes to awac. Odds are status quo till they can't.

Also, all these former awac people spouting off left and right like they know anything is amusing to put it kindly. Spend 6 months at a company in business for 60 years and suddenly become guidance counselors to anyone entering the industry.

Agreed. US nuclear codes are less secure than the long term plan around here. There are never any leaks so no one on the front lines truely does, or will, ever know anything until ATW wants it that way.

Grumbletrousers
05-24-2018, 01:42 PM
Agreed. US nuclear codes are less secure than the long term plan around here. There are never any leaks so no one on the front lines truely does, or will, ever know anything until ATW wants it that way.

Delta flying was leaked.

StrykerB21
05-24-2018, 07:04 PM
Delta flying was leaked.

Didn't work out too well for us.

squib
05-24-2018, 08:38 PM
Anyone who thinks AWAC is merging with anyone needs a psych evaluation on their next medical. This industry is starving for pilots. Any and every airline can selectively hire whoever they want off the street without buying up a couple hundred crj pilots.

T28driver
05-24-2018, 08:56 PM
Anyone who thinks AWAC is merging with anyone needs a psych evaluation on their next medical. This industry is starving for pilots. Any and every airline can selectively hire whoever they want off the street without buying up a couple hundred crj pilots.

1) the industry is starving for pilots
2) but any and every airline can “selectively hire” whoever they want off the streets...

Solid logic. Good argument. How’s that working out for us?

squib
05-24-2018, 09:32 PM
1) the industry is starving for pilots
2) but any and every airline can “selectively hire” whoever they want off the streets...

Solid logic. Good argument. How’s that working out for us?

It's not working out. clearly. My comment was in regards to a mainline (or any) carrier purchasing us. Apologies for not being so clear.

StrykerB21
05-25-2018, 05:12 AM
Were not merging or being bought by anyone. The status quo will continue. Let this rumor die.

Soxfan1
05-25-2018, 09:24 AM
Were not merging or being bought by anyone. The status quo will continue. Let this rumor die.

This 100%. Status quo is SOP at AWA.

stroopwaffle
05-25-2018, 09:28 AM
Decisions and actions are slow and deliberate here. Much like the new crew room in ORD that will fit more than 20 people at a time, we've been waiting since October. Actions could have been taken to keep the pilot group closer to 700, but they waited to announce the UA deal after we had lost so many.

We only have value as a good pilot group well versed on 65 marginally operational aircraft no one wants, don't hold your breath.

Its sad to see an old ship run itself aground when all you can do is swab the deck to save it.

Grumbletrousers
05-25-2018, 01:55 PM
Didn't work out too well for us.

We’d be out of business if it went through.

StrykerB21
05-25-2018, 02:02 PM
We’d be out of business if it went through.

My crystal ball is MELd unfortunately.

Grumbletrousers
05-25-2018, 03:16 PM
My crystal ball is MELd unfortunately.

I wonder if United charges AWA for each cancellation.

texaspropguy
05-25-2018, 03:30 PM
I wonder if United charges AWA for each cancellation.

There's a penalty. Not sure what it is for AWA. Varies by contract... It's debilitating at XJT because it has roots in what was negotiated back in the Continental days where hub/outstation performance was much better, and cx/delays barely ever happened. The UA way puts much more onus on crews to make up for lack of ground support competency to the point it appears setup to cause penalizing delays.

Excargodog
05-26-2018, 09:03 AM
There's a penalty. Not sure what it is for AWA. Varies by contract... It's debilitating at XJT because it has roots in what was negotiated back in the Continental days where hub/outstation performance was much better, and cx/delays barely ever happened. The UA way puts much more onus on crews to make up for lack of ground support competency to the point it appears setup to cause penalizing delays.


And yet that's the market these days. You don't need to outrun the bear, just the other guy. And if United is really trying to expand, until they get scope relief for larger jets their options too are limited.

Almost anyone in any industry could design a better more efficient system, if existing infrastructure and sunk expense were no issues. Successful business is sort of like being a professional surfer. You can't control the waves you get, just how much you can successfully work each of those waves.