Delta Merger Talks to Begin
01-10-2008, 06:39 PM
#11
Gets Weekends Off
Joined APC: Apr 2007
Position: F/O- G-V/550
Posts: 1,163
Originally Posted by Short Bus Drive
What are you talking about?
This was just put out today, AND there is no confirmation of merger talks.
There are others NOT in the "regional" world, looking.
This was just put out today, AND there is no confirmation of merger talks.
There are others NOT in the "regional" world, looking.
My best friend is a CRJ captain at a regional, he was offered a postion at NW. He is taking the job (relunctatly). He said and I quote " I'm very nervous about taking the job, but I have to risk it. Regional work blows, I gotta get out". Basically, some people see the glass half full, some see it half empty. I guess me and my friend see it half empty.
I wasn't talking about you or others in your situation, what you do is your business. I wrote base on his coments, and some outhere can relate.
cheers
01-10-2008, 06:59 PM
#12
Gets Weekends Off
Joined APC: Dec 2007
Posts: 302
There is a name for people that aren't willing to take the risk of jumping to a major... they are called LIFERS. In ten years the regionals will be just about gone, and 50 seat jets will be extinct. The majors will fly the next generation of 90-100 seat jets, and the rest of the smaller cities will be left to high efficiency turbo-props.
Just my take. Fuel is getting crazy and the majors WILL be rushing to get out of the 50 seat business as soon as they possibly can.
Just my take. Fuel is getting crazy and the majors WILL be rushing to get out of the 50 seat business as soon as they possibly can.
01-10-2008, 07:45 PM
#13
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
That's what i am doing. I am leaving a decent paying regional job for NWA, Merger or no merger I am going to be there when my class starts. I am not a regional "Lifer". I would rather have my seniority number at a major at the front side of the industry change then wait it out and hope my regional doesnt close up shop leaving me nothing. Roll the Dice 
01-10-2008, 07:52 PM
#14
Gets Weekends Off
Thread Starter
Joined APC: Jun 2007
Position: 757/767
Posts: 890
Originally Posted by Superpilot92
That's what i am doing. I am leaving a decent paying regional job for NWA, Merger or no merger I am going to be there when my class starts. I am not a regional "Lifer". I would rather have my seniority number at a major at the front side of the industry change then wait it out and hope my regional doesnt close up shop leaving me nothing. Roll the Dice
01-10-2008, 08:45 PM
#15
Gets Weekends Off
Joined APC: Aug 2006
Position: B767 First Officer
Posts: 160
Hey, there's a good chance you'll be working at one of the 3 largest airlines in the world. What could go wrong? 
Just kidding...I had a stable job at a regional, made the jump to Delta, dealt with the furlough, dealt with bankruptcy and a ton of uncertainty and still I wouldn't change a thing.
Good luck to you at NWA. I hope we all stay separate, but if we don't...maybe we'll get to fly together. Enjoy being a new hire!
Just kidding...I had a stable job at a regional, made the jump to Delta, dealt with the furlough, dealt with bankruptcy and a ton of uncertainty and still I wouldn't change a thing.
Good luck to you at NWA. I hope we all stay separate, but if we don't...maybe we'll get to fly together. Enjoy being a new hire!
01-10-2008, 09:02 PM
#16
Gets Weekends Off
Joined APC: Oct 2006
Position: E-190 Leftist
Posts: 300
Originally Posted by groundstop
There is a name for people that aren't willing to take the risk of jumping to a major... they are called LIFERS. In ten years the regionals will be just about gone, and 50 seat jets will be extinct. The majors will fly the next generation of 90-100 seat jets, and the rest of the smaller cities will be left to high efficiency turbo-props.
Just my take. Fuel is getting crazy and the majors WILL be rushing to get out of the 50 seat business as soon as they possibly can.
Just my take. Fuel is getting crazy and the majors WILL be rushing to get out of the 50 seat business as soon as they possibly can.
In all seriousness....we can only hope this is the direction the industry takes. Somehow I'm a bit jaded, and doubt it'll take such a logical step. I hope I'm wrong.
01-11-2008, 06:42 AM
#18
Big Poppa
Joined APC: Apr 2006
Posts: 613
here is an article from the NY Times about this also..
http://www.nytimes.com/2008/01/10/bu...&partner=MYWAY
Delta Chief to Seek Merger Talks
By JEFF BAILEY
Published: January 10, 2008
The chief executive of Delta Air Lines plans to ask the company’s board for permission to enter into formal merger talks with both Northwest Airlines and United Airlines, a person close to Delta said on Thursday.
Airline stocks soared after The Wall Street Journal reported the request on its Web site. The big six network airlines’ shares were all up more than 13 percent. Northwest, considered by many industry experts and analysts to be the best match for Delta, was up more than 30 percent. Delta’s shares were up about 20 percent, and those of UAL, United’s parent, rose slightly more.
Delta’s chief, Richard H. Anderson, who is also a former chief executive at Northwest, will ask his fellow board members on Friday to approve the talks.
A New York hedge fund, Pardus Capital Management, helped hurry the consolidation discussions among airlines in November by formally asking Delta to enter into merger talks with United. Pardus at the time owned shares of both companies.
Delta formed a special committee to look into strategic alternatives, including mergers.
One big merger could set off further consolidation among airlines. Continental, for instance, has said it prefers to remain independent but that it might enter the fray to avoid being at a disadvantage should other carriers combine. US Airways, the product of a 2005 merger with American West Airlines, despite operating problems since the merger, showed that costs could be cut significantly in such a combination.
With fuel prices high, the economy softening and union airline workers demanding raises from bankruptcy-imposed contracts, the industry faces a very difficult 2008.
http://www.nytimes.com/2008/01/10/bu...&partner=MYWAY
Delta Chief to Seek Merger Talks
By JEFF BAILEY
Published: January 10, 2008
The chief executive of Delta Air Lines plans to ask the company’s board for permission to enter into formal merger talks with both Northwest Airlines and United Airlines, a person close to Delta said on Thursday.
Airline stocks soared after The Wall Street Journal reported the request on its Web site. The big six network airlines’ shares were all up more than 13 percent. Northwest, considered by many industry experts and analysts to be the best match for Delta, was up more than 30 percent. Delta’s shares were up about 20 percent, and those of UAL, United’s parent, rose slightly more.
Delta’s chief, Richard H. Anderson, who is also a former chief executive at Northwest, will ask his fellow board members on Friday to approve the talks.
A New York hedge fund, Pardus Capital Management, helped hurry the consolidation discussions among airlines in November by formally asking Delta to enter into merger talks with United. Pardus at the time owned shares of both companies.
Delta formed a special committee to look into strategic alternatives, including mergers.
One big merger could set off further consolidation among airlines. Continental, for instance, has said it prefers to remain independent but that it might enter the fray to avoid being at a disadvantage should other carriers combine. US Airways, the product of a 2005 merger with American West Airlines, despite operating problems since the merger, showed that costs could be cut significantly in such a combination.
With fuel prices high, the economy softening and union airline workers demanding raises from bankruptcy-imposed contracts, the industry faces a very difficult 2008.
01-11-2008, 07:53 AM
#19
New Hire
Joined APC: Jan 2008
Posts: 1
Originally Posted by groundstop
In ten years the regionals will be just about gone, and 50 seat jets will be extinct. The majors will fly the next generation of 90-100 seat jets, and the rest of the smaller cities will be left to high efficiency turbo-props.
I think pilots at the regionals will continue to fly and they will fly bigger airplanes.
01-11-2008, 07:56 AM
#20
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
Originally Posted by Flare Armed
Hey, there's a good chance you'll be working at one of the 3 largest airlines in the world. What could go wrong?
Just kidding...I had a stable job at a regional, made the jump to Delta, dealt with the furlough, dealt with bankruptcy and a ton of uncertainty and still I wouldn't change a thing.
Good luck to you at NWA. I hope we all stay separate, but if we don't...maybe we'll get to fly together. Enjoy being a new hire!
Just kidding...I had a stable job at a regional, made the jump to Delta, dealt with the furlough, dealt with bankruptcy and a ton of uncertainty and still I wouldn't change a thing.
Good luck to you at NWA. I hope we all stay separate, but if we don't...maybe we'll get to fly together. Enjoy being a new hire!
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