CAL/UAL merger and scope clause effect on RAH
04-16-2008 | 08:33 AM
#11
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Its interesting to see how this plays out. I think the scope is something CAL management would love to get rid of. The question is what will be the carrot the dangle in the face of the pilot group Money PBS........Only time will tell. I hope the CAL pilot put up a good fight and get the ball rolling on better contracts despite fuel prices.
04-16-2008 | 08:42 AM
#12
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From: dogstyle
You are correct sir. Currently UAL nor CAL have enough cash value for one to acquire the other. It would be a merge of equal sides, not one purchasing the other like the DAL/NWA deal.
BTW, all I have seen is a "stock swap" deal if/when CAL/UAL get together, no buying going on. A merger of equals.
04-16-2008 | 09:01 AM
#13
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From: 737 CA
To be clear, NWA/DAL was also a stock swap, which is good because it means no debt. DAL is not paying cash for NWA's shares.
04-16-2008 | 09:11 AM
#14
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Che Guevara
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DAL isn't strait out buying NWA they are "merging" which takes a different route. CAL and UAL aren't looking to acquire each other. They are looking to merge as DAL and NWA did. I'd rather see a CAL paint job on the planes.
04-16-2008 | 09:14 AM
#15
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From: dogstyle
NWA had around $5billion in cash at the end of 2007 with DAL having a $6.25bil.
DAL isn't strait out buying NWA they are "merging" which takes a different route. CAL and UAL aren't looking to acquire each other. They are looking to merge as DAL and NWA did. I'd rather see a CAL paint job on the planes.
DAL isn't strait out buying NWA they are "merging" which takes a different route. CAL and UAL aren't looking to acquire each other. They are looking to merge as DAL and NWA did. I'd rather see a CAL paint job on the planes.
04-16-2008 | 09:48 AM
#19
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From: dogstyle
Man you guys could have done it for the cost of free beer and BBQ to have some CAL pilots come out with some paint brushes. I'm sure there is some stiff on Sutton St. in NYC that thinks its a masterpiece.
04-16-2008 | 09:47 PM
#20
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From: EMB 145 CPT
I'm hoping that when they negotiate the scope clause, that they scope themselves any 51+ seaters. I could even live with them fencing the current 51+ seaters until those contracts expire.
Is an XJT pilot, I'm counting on you CAL/UAL pilots.
Is an XJT pilot, I'm counting on you CAL/UAL pilots.
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