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Old 03-02-2008, 07:37 AM   #191  
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Default Duhhhhh!

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Originally Posted by JiffyLube View Post
Anderson left NWA in 2004 over 1 year before the mechanics strike in 2005. That's when Steenland took over.
So instead of sticking around and trying to do something for those employees he valued so much, he jumped ship. He could have influenced the way NWA was going but left for the money instead. I firmly agree with Nopac. I think this merger strategy was cooked up a long time ago (prior to RA leaving NWA) and it is all part of "the plan." I liked RA when he was at NWA, but I still didn't trust him. He was about as good as they get, but he was still management. Nobody liked DS except for RA.
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Old 03-02-2008, 07:46 AM   #192  
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Just curious, I know verry little about the NWA MX issue, but did the pilot's support the MX guys during their turmoil. Isn't that what happened at Eastern the MX guys went on Strike and the Pilot's had a sypmathy strike. I was wondering if anything similar happened at NWA.
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Old 03-02-2008, 07:48 AM   #193  
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Just another angle! When the possibility of a merger 'emerged' from the media, both DAL and NWA stock were priced at around $12 each, and both rose to around $16 shortly thereafter. so the money guys who know the differences in culture, etc. between the two pilot groups take profits at $16ish and let it play out and say that it rides on everybody being happy in the end. the deal falls through and thus stocks fall as they have.

they then could jump back into the stocks at some lower price level and push the deal again and hope for the same result. if the hedges or creditors of both these companys are driving this and they take profits twice they could realize over 50-60% gains over a relatively short time frame.

If it is indeed the creditors that are the 'real' driving force behind this then we have not seen the end of it, IF they think that things could be worked out with respect to the two employee groups or IF they do not care.

good luck to all,
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Old 03-02-2008, 08:52 AM   #194  
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Just curious, I know verry little about the NWA MX issue, but did the pilot's support the MX guys during their turmoil. Isn't that what happened at Eastern the MX guys went on Strike and the Pilot's had a sypmathy strike. I was wondering if anything similar happened at NWA.
The company's "last, best offer" to the mechanics eliminated something like 40% of the mechanic jobs, so AMFA walked out. Management had replacement mechanics waiting, and ALPA didn't support the strike (none of the other unions either). The company barely missed a beat. This all happened in the year or so prior to the bankruptcy filing.
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Old 03-02-2008, 09:51 AM   #195  
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I suspect he knows exactly what's up and exactly what he's doing. Suppose that, for some reason, he doesn't want a merger, but must placate the creditors (who do want one). The pilots are solving his problem.
My thoughts exactly. Those mean pilots get to be the fall guy again. That's why I don't even worry about this matter. It will happen if the creditors and shareholders want it to happen.
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Old 03-02-2008, 01:08 PM   #196  
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The company's "last, best offer" to the mechanics eliminated something like 40% of the mechanic jobs, so AMFA walked out. Management had replacement mechanics waiting, and ALPA didn't support the strike (none of the other unions either). The company barely missed a beat. This all happened in the year or so prior to the bankruptcy filing.
For one thing, NWA mgmt is top notch in long term planning. They didn't plan to axe all the mx and customer service agents overnight. It was a well planned, organized move that took years to hatch. The Mx didn't stand a chance, so were the service agents. The NWA i know does not care one bit about their employees, as long as the upper managers make the cut and make the BOD happy. And sadly, it transcends into most of the rank and file within the company, and eventually the flying public suffers.

I agree that RA is a nice guy, but he's still mgmt. At least he takes the time to make the tough pill a easy to swallow for the labor groups. He has much better people skills than his predecessor.
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Old 03-02-2008, 02:53 PM   #197  
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RA likes to look like the good guy, but I don't trust him a bit. Take a close look at his resume and you'll find that he started in the airline business at Continental in 1987, right around the time that Lorenzo was at the height of his power.
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