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Old 08-17-2007, 03:12 AM
  #11  
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Originally Posted by 7576United View Post
To keep the inmates from rioting, Tilton/Brace float the idea of being broken apart. Inmates retreat. Business as usual.
Pan Am re deaux.
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Old 08-17-2007, 03:43 AM
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Originally Posted by captjns View Post
Pan Am re deaux.

Pan Am? Not even close. Pan Am was sold apart because a LACK of money, United has the exact opposite problem. (For now anyways)
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Old 08-17-2007, 05:02 AM
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Default Same old tune....

Funny how we find so many that DREAM of a UAL shutdown.

Not gonna happen.
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Old 08-17-2007, 11:22 AM
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Originally Posted by Sonny Crockett View Post
Funny how we find so many that DREAM of a UAL shutdown.

Not gonna happen.
Funny... that's what they said about Pan Am, and Eastern... except in the case of asset being sold, they were stolen from Eastern.
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Old 08-17-2007, 11:42 AM
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Originally Posted by captjns View Post
Funny... that's what they said about Pan Am, and Eastern... except in the case of asset being sold, they were stolen from Eastern.
Can you elaborate on your correlation between UAL and PA and EAL? Please enlighten us with something more than a pot shot with no supporting data.

Too much noise not enough fact...."c"aptain.
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Old 08-17-2007, 02:47 PM
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Originally Posted by Lambourne View Post
Can you elaborate on your correlation between UAL and PA and EAL? Please enlighten us with something more than a pot shot with no supporting data.

Too much noise not enough fact...."c"aptain.
You're probably too young to remember but, Pan Am sold off assets to stay afloat ranging from a major hotel chain, Hotel Intercontinental, and routes to various airline, including UAL who got the Pacific Routes. I remember when Pan Am boasted it would be the first airline to provide commercial space travel.

The Eastern Airlines which was made of many companies within a company either sold off at lower than market value, or transferred divisions to, I beleive it was Texas Air Corp., ranging from a sophisticated reservations system, and fueling service which were then leased back to EAL at inflated prices. So in that case it was a double whammy if you will.

So tell me Lambourne, put down the Kool Aide and tell me why it can't happen to UAL? What makes you think that the Board of Directors will do the right thing by its shareholders, and employees?
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Old 08-17-2007, 03:45 PM
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Originally Posted by Low & Slow View Post
Drop in United Airlines (UAUA) provides buying opportunity
Posted Aug 16th 2007 12:47PM by Eric Buscemi
Filed under: UAL Corp (UAUA), Bargain stocks, Stocks to Buy

UAL Corporation (NASDAQ: UAUA), the parent of United Airlines, got beat up pretty good along with the rest of the airline group yesterday.

However, investors should not stampede away from this sector, or more specifically, from UAL. As discussed in a Bear Stearns report released yesterday, the airline, which recently emerged from bankruptcy, continues to explore ways to utilize its massive cash hoard of $5 billion to maximize shareholder value, $1 billion of which management believes is excess cash.

Also, UAL is seeking ways to unlock value for its Mileage Plus program, a business that generates $800 million per year in revenue and has a large deferred revenue stream which provides some visibility for future revenue. Aeroplan, the Canadian-based loyalty marketing service business that was spun off from Air Canada's holding company, sells for a 60% premium to its former parent and a 200% premium on an enterprise value/EBITDA basis to the pure airline, Air Canada.

The Bear report places a $65 price target on UAL, with the asset break-up value of the company going as high as $80. Operational turnaround, huge free cash flow generation and the potential to realize value for the mileage plus business are all cited as reasons that could lead to a considerably higher stock price.

*******************************************

To see an analyst talk about breaking the company apart is eye-opening.

No airplanes on order
Nothing from Tilton about the future other than operational status quo (keep the stock/cash flow up)

SFO Maint. Base is for sale
Mileage Plus is for sale

If I were a UAL employee, merger would be the least of my worries.
I find it amusing when people get on these boards and tell others how they shoud feel and what they should think. Especially when they "mark for dead" some of the very pilot groups that were responsible for huge gains for the pilot profession in the past.

You don't know what is going to happen in this industry, life or world. No one here has a crystal ball. No one here can give any advice on what airline to apply to.

When I was applying the rule of thumb was to apply to all airlines and just stay with the first one that hires you.

Back then United was the place to go. I think they were putting new hires in the -400 and they had the quickest upgrade time to the left seat.

Things suck now but things could turn around. So please get off your high horse looking down on everyone and telling them what to do.

All this reminds me of a second officer I flew with who got on with American in the 1960's. He was in class with them when he got the call from Braniff. He left for Braniff and 30+ years later he was a 727 s/o at NWA.

You don't know if you made the right career choice until you are collecting your pension. (after 3 years)
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Old 08-17-2007, 04:38 PM
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Originally Posted by captjns View Post
You're probably too young to remember but, Pan Am sold off assets to stay afloat ranging from a major hotel chain, Hotel Intercontinental, and routes to various airline, including UAL who got the Pacific Routes. I remember when Pan Am boasted it would be the first airline to provide commercial space travel.

The Eastern Airlines which was made of many companies within a company either sold off at lower than market value, or transferred divisions to, I beleive it was Texas Air Corp., ranging from a sophisticated reservations system, and fueling service which were then leased back to EAL at inflated prices. So in that case it was a double whammy if you will.

So tell me Lambourne, put down the Kool Aide and tell me why it can't happen to UAL? What makes you think that the Board of Directors will do the right thing by its shareholders, and employees?
OK "c"aptain I am very versed in the history of the airlines. However, what you posted is in no way a reflection of what has occured at UAL. If you want talk about the EAL reservation system versus mileage plus please do so with a knowledge of what you are speaking. MP and Amadeus (the EAL reservation system) are two completely different animals. Where do you get the parallel that they are equal? Also UAL has not SOLD any system to this date.

In your diatribe about PanAm (remember you compared us to PA in the earlier post, re deaux is what you called it, remember....) so where is the similarity to PA? What theater of operations have we sold off? Just went through BK and kept the route intact, have billions in the bank, yet you say we are just like PA? Doesn't really seem like sound logic for such a big airplane pilot that likes to call himself "c"aptain.

As to your question. Is UAL immune from a change in the path of the company? Absolutely NO. However, to preach gloom and doom as you do while shooting from the hip with no data to support your claims is hugely irresponsible. You can not formulate an argument.

Why not try to compose something substantial rather than just sniping all the time?


Tilton may sell it to the devil, Tilton may run it as a stand alone. I have more insight than you from your position on the sidelines and I do like our chances for the long term. I am sorry that you were passed over but you need to move on with your "existence" and enjoy your personalized "hvyirn" or "capn" plates and catchy "jetguy" email.

I am sure your company that survives on the spoils of the ACMI world will never see a downturn........
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Old 08-18-2007, 02:27 AM
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Originally Posted by Lambourne View Post
Tilton may sell it to the devil, Tilton may run it as a stand alone. I have more insight than you from your position on the sidelines and I do like our chances for the long term.
As I recall so did the boys at Pan Am... with the same intention as a smaller stand alone.

I am sure your company that survives on the spoils of the ACMI world will never see a downturn........
Pretty sure of your self Sparky.... Who do I fly for? I know you'll come up with a real adult response like I'm C-150 heavy driver or something like that. I fly planes because I hate working for a living. Never wanted to put the old career thing in one basket and worry about the neanderthal malevolent malcontent types in management controlling my destiny as far as income, benefits, retirement and quality of life.
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Old 08-18-2007, 06:44 AM
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I fly planes because I hate working for a living.
Heard that from some of the pilots that have significant DOH's here at UAL! So you like to cross picket lines? Nice, at least we now know what we are dealing with when it comes to you.

Never wanted to put the old career thing in one basket and worry about the neanderthal malevolent malcontent types in management controlling my destiny as far as income, benefits, retirement and quality of life
Sure. If this was the case you would not be here grinding your gears over not being employed at UAL. You missed your chance and now are determined to ruin the party for anyone else. As to who you fly for? I have my suspicions and based on the fact you show a picture of a 747, but list a guppy as your a/c type you most likely work for one of the companies that is starting to feel the pinch of operating cost now that fuel hedges are expiring. You have airplane envy and even no matter how good you think you have it at your "luv"ley employer you feel a need to bash the company that you really wanted to work for all along.

You have still failed to properly align UAL with your EAL and PA analogy. So far the pilots have not enacted a sympathy strike for the IAM ala EAL. UAL has not sold the company in pieces to other leaving nothing. If you remember PA did not have a true us hub presence. Whereas UAL has significant hubs in the US and Japan.

Again I am not saying it will never happen. I just believe that your knowledge of what is "UAL" is limited to the excrement filtered glasses you wear.
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