I smell a merger brewing with AA/ US Airways
#101
I've only been around this industry since 1987, so I can't say anything about earlier times, but USAir's been second tier all that time. In fact, two of my friends at Delta were in new-hire class at USAir in 1987...and walked out.
I feel bad for the screw job the AmWest guys are getting at the hands of USAPA. I dont know a lot of America West guys, but the ones I do know came from failed legacy carriers, and it gauls me to hear them referred to as inexperienced noobs.
I feel bad for the screw job the AmWest guys are getting at the hands of USAPA. I dont know a lot of America West guys, but the ones I do know came from failed legacy carriers, and it gauls me to hear them referred to as inexperienced noobs.
#102
Gets Weekends Off
Joined: Nov 2006
Posts: 259
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It has been four years since the merger and there are still separate operations. Why? Because it is a legal transition agreement. Separate ops until a combined contract.
#103
Line Holder
Joined: Jul 2006
Posts: 690
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Ahead of the open, J.P. Morgan raised its recommendations on UAL and US Airways, saying better-than-expected passenger demand, together with lower jet fuel prices and mild weather, has helped to vanquish a lot of anxiety over possible bankruptcies among the legacy carriers.
"Our updated liquidity models, which now focus on both unrestricted cash and total cash ... suggest legacy covenants are cleared and liquidity for AMR, US Airways, and UAL proves adequate," said J.P. Morgan analyst Jamie Baker.
The firm upgraded UAL Corp. to overweight from underweight, and US Airways to neutral from underweight. AMR's rating remained at overweight.
"Our updated liquidity models, which now focus on both unrestricted cash and total cash ... suggest legacy covenants are cleared and liquidity for AMR, US Airways, and UAL proves adequate," said J.P. Morgan analyst Jamie Baker.
The firm upgraded UAL Corp. to overweight from underweight, and US Airways to neutral from underweight. AMR's rating remained at overweight.
#104
Jamie Baker has been wrong more often than right. The only people that have a worse batting average than him and get to keep their jobs are TV weatherpeople.
#105
Banned
Joined: Jun 2008
Posts: 8,350
Likes: 0
It also must be noted that their analystic wind shifts frequently and rapidly. By February, they could be predicting imminent liquidation for UAL or U. Their beliefs are predicated on a crystal ball that reads about 2 months in the past and not 6 months in the future.
#106
The **** Reno Air was put through... Better have something to back that up with.
Reno came into existence around the time AA furloughed. They ended up going on the list December 1998. Behind a handful of new hires that were hired starting in the spring of 1998. If they had been given DOH, it would have put them in after the 93 hires and before the few hundred hired in 1998.
They sit now as fairly senior wide-body 767 FO positions, 777 FO positions as well. They complained that they were not given their seats, in other words feathered into a seniority list above their actual hire dates at Reno.
At the time a 12 year 727 FE made more than their MD-80 Captains on an hourly basis..
Please spare me they were screwed crap. I know 2 of them personally that had their apps in with AA when this went down. They are both pretty happy, at least they were till this place went to where it is now.
AA
Reno came into existence around the time AA furloughed. They ended up going on the list December 1998. Behind a handful of new hires that were hired starting in the spring of 1998. If they had been given DOH, it would have put them in after the 93 hires and before the few hundred hired in 1998.
They sit now as fairly senior wide-body 767 FO positions, 777 FO positions as well. They complained that they were not given their seats, in other words feathered into a seniority list above their actual hire dates at Reno.
At the time a 12 year 727 FE made more than their MD-80 Captains on an hourly basis..
Please spare me they were screwed crap. I know 2 of them personally that had their apps in with AA when this went down. They are both pretty happy, at least they were till this place went to where it is now.
AA
I have a relative that was at Reno. He is quite happy with the integration. Got a big pay bump. Move back to his home town. It was all good the first few yrs until 9/11. Never been the same sense. I think that goes for everybody. Not withstanding he still a fairly senior 767 Fo. Good sked.
#107
Banned
Joined: Apr 2008
Posts: 3,240
Likes: 0
A growing airline? Ok now your LAS based is about closed, your PHX base is bleeding money. You have 180 pilots on furlough. You have what you brought to the merger, nothing.
It has been four years since the merger and there are still separate operations. Why? Because it is a legal transition agreement. Separate ops until a combined contract.
It has been four years since the merger and there are still separate operations. Why? Because it is a legal transition agreement. Separate ops until a combined contract.
#108
If there is ever a day to lose the acrimony and name calling, this is it. It's 9/11 gentlemen and it is by the grace of God that we were not flying one of those aircraft 8 years ago. Any one of us could have been working for United, American or even US Air. No matter what uniform you wear today, let's respect every pilot and their airline. Please.
#109
If there is ever a day to lose the acrimony and name calling, this is it. It's 9/11 gentlemen and it is by the grace of God that we were not flying one of those aircraft 8 years ago. Any one of us could have been working for United, American or even US Air. No matter what uniform you wear today, let's respect every pilot and their airline. Please.
AA
#110
Line Holder
Joined: May 2005
Posts: 1,556
Likes: 31
From: B777/CA retired
A growing airline? Ok now your LAS based is about closed, your PHX base is bleeding money. You have 180 pilots on furlough. You have what you brought to the merger, nothing.
It has been four years since the merger and there are still separate operations. Why? Because it is a legal transition agreement. Separate ops until a combined contract.
It has been four years since the merger and there are still separate operations. Why? Because it is a legal transition agreement. Separate ops until a combined contract.
Prior to the aquisition America West was growing. We had Airbus 320 family orders coming for the next 4 years and we had firm orders for the A 350 which were America West orders. Growth in PHX has been stalled with an infatuation with PHL, which is fine but realize that the America West of 4 years ago and the West operation today are two different animals. Since there is no breakdown in operations results from the East and West I do not know how you can possibly say the the West is bleeding money. We do know that Kirby and Parker said that LGA was losng money, that is why the gate swap for DCA was done. You may be thinking of initial 10K statemets after the merger, realize that America West Holdings (the West) absorbed all merger expenses, none were charged to US Airways at that time. That resulted in the America West portion of the combined airline showing a loss. AWA had some of the lowest costs in the industry before the merger, that is why we made money competing with SWA. Now we are a bloated, inefficient carrier with our principla hub based in the Mogadishu of the United States
You seem bent on denigrating the accomplishments of America West before the merger. You are free to say what you want but realize that we will correct your factual errors. You can live in your dreamworld and I do hope you are happy there. Know that we out West have always enjoyed our jobs and we have always had pride in ourselves and our ability to overcome adversity. We always said we were one CEO and one contact away from being a great place to work. I guess we are still looking for that to happen and that is why we would welcome a merger to get us out from this disaster of an operation. This management is going down the same failed road that US Air has travelled before, placing an emphasis on the yields out East without controling the exorbient costs that are incurred with that type of operation. The days of .30 cents a seat mile yields like Piedmont had are gone forever.
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