Any "Latest & Greatest" about Delta?

Closed Thread Subscribe

Page 8557 of 20173

8557

Thread Tools

Search this Thread

01-12-2012, 09:13 AM

#85561

FIIGMO

Sho me da money!

Joined APC: Feb 2007

Position: B25, Left

Posts: 947

Quote:

Originally Posted by Elvis90

Here's the article for DAL's possible AMR bid:

Delta, TPG Assessing Bids for American Airlines Parent, AMR - WSJ.com

Dallas domicile may be back!

Let's hope this is for parts and not a wholesale takeover..... SLI's are way too stressful!!!!

01-12-2012, 09:17 AM

#85562

acl65pilot

Happy to be here

Joined APC: Jun 2006

Position: A-320A

Posts: 18,563

Quote:

Originally Posted by Elvis90

Here's the article for DAL's possible AMR bid:

Delta, TPG Assessing Bids for American Airlines Parent, AMR - WSJ.com

Dallas domicile may be back!

Go find my posts from mover six months ago. I told you that when AMR filed that they were too big of a target not to go after. Lets see what Parker does tomorrow. This is getting very interesting and will get more interesting shortly.

01-12-2012, 09:17 AM

#85563

Bucking Bar

Can't abide NAI

Joined APC: Jun 2007

Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler

Posts: 11,989

Quote:

Originally Posted by flyallnite

Deal Journal colleagues Gina Chon, Anupreeta Das and Mike Spector report that Delta Air Lines and private equity firm TPG Capital are separately assessing possible bids for American Airlines parent AMR Corp., people familiar with the matter said.

AMR filed for bankruptcy court protection in late November and is in the midst of restructuring its debt and cutting labor costs after it. Any bid for AMR likely would come several months from now.

Tawk amongst yahselvs

US Air took Delta to school on how to bid up assets in bankruptcy. I'm sure Delta would actually like to have some of these resources. It is a win win, unless the last bidder pays more than the resource's earning potential.

IMHO, Richard Anderson may be the best CEO in the business at the moment.

01-12-2012, 09:18 AM

#85564

chuck416

Gets Weekends Off

Joined APC: Nov 2008

Position: A-320/A

Posts: 588

Quote:

Originally Posted by SFWB

most captains I fly with will be happy to get 20% raise. Ugh.

ONLY if we get a 6 1/2 hour minimum day, 78 hr reserve guarantee, 80 block guarantee, and extra week of vacation/year, a min. day's pay (see above, 6 1/2 hrs) for each day of training, and some CONSIDERABLE pay & credit for initial training. And that's just off the top of my head. A 20% raise won't BEGIN to address what we SHOULD be paid. Today's contract is a concessionary bankruptcy contract, and don't ever forget it!
Rant over...

01-12-2012, 09:23 AM

#85565

flyallnite

Gets Weekends Off

Joined APC: Dec 2009

Position: Stay THIRSTY, my friends!

Posts: 1,898

Quote:

Originally Posted by Bucking Bar

Quite right. As did AMR with PAA back in the early '90's. DAL + AMR would be mind bending in terms of scope and size, even if assets were shed. The new DL would put America firmly in the lead of global air transportation for the foreseeable future.

01-12-2012, 09:23 AM

#85566

FlyZ

Gets Weekends Off

Joined APC: Jan 2011

Posts: 403

I'm pretty sure management didn't like the idea of everyone leaving APC. "Quick, we gotta come up with something for these guys to talk about! There are way too many boring pages about website censoring policy." "Yeah, that's true. How about an AMR merger?"

01-12-2012, 09:24 AM

#85567

Bucking Bar

Can't abide NAI

Joined APC: Jun 2007

Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler

Posts: 11,989

Reserve Utilization

Update 12-02 LOA 29 Implementation - Seniority on Reserve

Very good update just posted on new Reserve Utilization Order guidelines and Raw Score Buckets. Two real positive changes are:

Specific trip preferences for Yellow Slips, to be awarded by seniority
Short Call is now credited towards raw score

Good job to the MEC Scheduling Comm.

01-12-2012, 09:34 AM

#85568

Wingnutdal

Gets Weekends Off

Joined APC: Sep 2010

Posts: 248

The new scheduling preferences are a huge gain mid-contract for reserve pilots. It will give us at least some control over our schedule and what trips we fly.

Great job to those guys.

01-12-2012, 09:42 AM

#85569

Jesse

Banned

Joined APC: Jul 2010

Posts: 793

Quote:

Originally Posted by acl65pilot

Go find my posts from mover six months ago. I told you that when AMR filed that they were too big of a target not to go after.

Toot Toot!

01-12-2012, 10:01 AM

#85570

Check Essential

Works Every Weekend

Joined APC: Dec 2007

Position: 737 ATL

Posts: 3,506

Quote:

Originally Posted by Bucking Bar

US Air took Delta to school on how to bid up assets in bankruptcy.

Could this rumor just make it more difficult for AMR to reorganize?
Even though Delta has no intention of actually buying AMR, the creditors now think their paper is worth a lot more than it was yesterday.
AMR was counting on those guys taking pennies on the dollar. Now they're gonna want dimes and quarters.

Maybe Anderson will tell the MEC his true intentions in "closed session".