UAL...need one be concerned?
 

Besides the myriad of labor issues UAL is going through, which we all know extensively about...is there GREAT cause for concern for UAL new hires as far as stability? (The oxymoron between stable and legacy carrier is recognized)

-We know the UAL management has made overtures towards merger however it seems more likely DAL and NWA will wed if it even gets approved at all. I don't seen the government approving a merger of the mega carrier DAL/UAL...is this right?
-Fuel prices are hammering the airlines but fares are rising and projected demand is steadily growing. UAL posted a Q4 loss but otherwise other factors in their operations show improvement.
-What's concerning is UAL's ability to shrink with aircraft coming out of lease and a recession forecasted. Some have said the workload is so high on UAL crews that even if they shrink capacity the combination of retirements and other factors should keep the new hires out of the unemployment office. I am not certain about this...I am asking for the sage wisdom of the APC intelligencia (is that another oxymoron?!)

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

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)

In my experience the only "bone" UAL is going to give you is the one you don't want!

United has over $4 BILLION dollars of cash on hand. Yesterday United announced its highest pre-tax profit since 1999. They made over $600 million dollars this year. Oh, and what happened in 2000... United negotiated the largest contract in the history of ALPA. The money is there...

They are working under a concessionary contract right now, but that will all change when contract negotiations open up in about one year. Take a look at their contract 2000. I would expect nothing less for their next contract. Just look at the leadership APA is providing. They are asking for their 2000 level pay plus inflation over the past 7 years (over 30% raises). Things will get better at United.

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.

So do you guys think UAL will furlough with a merger? Also is there any link to UAL 2000 contract? Thanks.

1. YES, ABSOLUTELY 2. Not sure about the link. Hope this helps..

I disagree due to the current shortage of pilots at UAL if the merger happens . I think there will be a slight increase in flying is DAL and UAL merge. If CAL and UAL merge a very good chance the same or status quo.

P.S. Its official at UAL, LCO goes to mainline rules and you get guarantee for month reguardless of wx or cncls.

So do you guys think UAL will furlough with a merger? Also is there any link to UAL 2000 contract? Thanks.>>>>>>>>>>>>



Ahhhh. The good ol' days........

747-4 747 777 DC10F DC10 767 320 727 737-3 737

1yr 312.53 292.44 270.35 263.05 239.21 221.55 211.56 199.36 188.28 186.46
2yr 312.53 292.44 271.89 265.22 241.18 223.24 213.31 201.17 189.90 188.08
3yr 312.53 292.44 273.30 267.19 242.98 225.01 215.05 202.90 191.58 189.76
4yr 312.53 292.44 274.80 269.30 244.90 226.80 216.83 204.64 193.39 191.58
5yr 312.53 292.44 276.36 271.49 246.89 228.59 218.63 206.47 195.20 193.40
6yr 312.53 292.44 277.77 273.46 248.68 230.29 220.32 208.14 196.93 195.13
7yr 313.40 293.22 279.31 275.34 250.39 231.82 221.92 209.85 198.68 196.89
8yr 314.27 294.05 281.17 277.64 252.49 233.77 223.79 211.60 200.44 198.64
9yr 315.03 294.79 282.71 279.53 254.20 235.31 225.36 213.21 201.94 200.15
10yr 315.98 295.67 285.02 282.42 256.83 237.74 227.77 215.61 204.45 202.66
11yr 316.74 296.38 287.19 285.22 259.38 240.30 230.20 218.01 206.81 205.02
12yr 318.99 297.20 289.78 288.05 261.95 242.55 232.59 220.39 209.28 207.49


1yr 49.77 49.77 49.77 49.77 49.77 49.77 49.77 49.77 49.77 49.77
2yr 130.33 121.95 113.38 110.60 100.58 93.09 88.95 83.89 79.19 78.43
3yr 187.52 175.47 163.98 160.31 145.79 135.01 129.03 121.74 114.95 113.86
4yr 197.21 184.53 173.40 169.93 154.53 143.11 136.82 129.13 122.03 120.89
5yr 200.18 187.31 177.01 173.89 158.13 146.41 140.03 132.24 125.03 123.87
6yr 203.77 190.67 181.10 178.30 162.14 150.15 143.65 135.71 128.40 127.23
7yr 207.94 194.55 185.32 182.69 166.14 153.81 147.25 139.24 131.82 130.63
8yr 212.13 198.48 189.79 187.40 170.42 157.79 151.06 142.83 135.29 134.08
9yr 213.27 199.57 191.40 189.24 172.10 159.30 125.57 144.34 136.72 135.50
10yr 214.71 200.91 193.67 191.90 174.52 161.54 154.77 146.51 138.92 137.71
11yr 216.01 202.13 195.87 194.52 176.90 163.89 157.00 148.68 141.04 139.82
12yr 217.87 202.99 197.92 196.74 178.91 165.66 158.86 150.52 142.94 141.71

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