Airline Pilot Central Forums - UAL...need one be concerned?

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Thanks jsled for the numbers.

Quote:

Originally Posted by 30west (Post 305201)

Also I might add some enhancements for the LCO around the corner I am hearing (soon) If a merger happens expect (some more bones) for labor to go along and then a new contract (some more bones)

LCO = ?????

Quote:

Originally Posted by Colonel S (Post 305326)

Any MEC release or just hearsay? Is that all rules ie 12 days off on res?

TA just released tonight from the MEC. "aligns all LCO pay and duty credit ratios with mainline pay and duty ratios, and accounts for full month line protection in all fleets." As far as rsv days off, that has been 12 for some time now on the LCO.

Quote:

Originally Posted by Riddler (Post 305355)

LCO = ?????

Low Cost Operation. Refers to the 737 and A320 at United Airlines. Different work rules than the big fleets.

Quote:

Originally Posted by iahflyr (Post 305254)

They are asking for their 2000 level pay plus inflation over the past 7 years (over 30% raises).

good luck on that one,,,,you have too many hero's.......

Quote:

Originally Posted by Lambourne (Post 305196)

UAL is as stable as the others. About 4 billion in unsecured cash. PRASM higher than others and outpacing the analyst predictions for the 4th Q. Profit for the entire FY 07.

The flying is good. The people you will work with are for the most part good people (we do have our 10%). Finally, if you are not currently flying for a major I highly endorse working here. There are a few bones left.

L

Thank you Lambourne...

Jsled...is that what UAL used to pay? Man what a kick in the shorts!

Ok just read th MEC press release Jsled mentioned. First what is a TA? The duty and pay credit ratio...is that similar to a duty rig such as 1 hour for 3.75 on duty or 1 for 4? And what is the mainline guarantee now applicable to the LCO? You all must get bored educating simpleton's like me but this all new...

Quote:

Originally Posted by iahflyr (Post 305254)

As for mergers, yes United is looking to merge. My prediction... they will have merged by the end of 2008. But this is a good thing. With fewer airlines, there is less fierce competition, and thus airlines have an easier ability to raise fares, make more money, and that is good for labor.

I think many on this thread are involved in wishful thinking. Mergers come about for several reasons and none of which are good for new or recent hires.
Merger brings with it route overlap and this means eliminating flying and that means less pilots need to fly what previously required more aircraft.
Consolidation is the word used and this means less seats available hence higher airfares.This all works quite well in theory but then the LCC move in to replace the voids and we end up back where we started. The merger will allow investors to profit and management to profit and this is the basic reality of mergers.
Recently a major fund that had a 5 percent stake in UAL and DAL started the ball rolling on the merger rumor mill and made about 15 million in one days trading. That's the reality of mergers. When and if merger occurs be prepared for furloughs, major pilot infighting over seniority list mergers, differences in contracts, pensions and non pensions and the list is endless. It will be years before the dust settles. The pilot groups will be fractured and not get along for years.
The long and short of it is employees don't win in a merger. If you think it can't happen you need to apply Murphy's Law because it will.
As a example look at the most recent information on the US Air and America West merger. Over three years and still not resolved.
I wish you all the best and hope things can change but history has proven otherwise.