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-   -   AWAC Sells All US Airways Shares (https://www.airlinepilotforums.com/regional/26182-awac-sells-all-us-airways-shares.html)

fosters 05-08-2008 09:33 PM

AWAC (Eastshore really) got rid of it's remaining 3 million shares almost a year ago...this isn't something that came up just recently due to "merger mania". Or maybe it was, the owners seem to have a good pulse as to what's going on in the airline world.

In regards to our SE taxi procedure, we have the lowest engine mx costs in the industry. This translates to a direct savings to the codeshare partner in terms of reduced total costs. I agree we need some sort of common sense applied here, as in sitting in line inching forward for 45 minutes with 2x engines going...no I agree that doesn't make sense.

flyguy19348 05-09-2008 03:27 AM

If you read the latest web cast on the HUB (from yesterday I think) there are a few references to 50 seat flying at US Airways.
1) the only flying they CAN reduce is wholly owned. The others are under contract.
2) they are monitoring MESA very closely. And NOT renewing any of MESAs 50 seat flying.

Sorry I cant copy and paste from the webcast but its nice to read.

OnMyWay 05-09-2008 06:42 AM


Originally Posted by texaspilot76 (Post 381795)
United has no wholly owned regional carriers. If the merger does happen, I see PSA and Piedmont prospering. PSA and Piedmont operate at far less expense than other companies like Republic or AWAC. That's why Parker wants us to fly more. It makes more sense from a financial standpoint. If the merger occurs, why would the new company want to get rid of it's biggest money makers and pay a different company more to do the same job?

But, back to the original thread. I have heard talk this week of US Airways being the name of the new company if the merger occurs. This would mean that Parker would remain the CEO. Since Parker believes so much in his wholly owneds, then that might have scared AWAC into selling their shares. Maybe not the case, but a plausible scenario.

Nnnnnnnnnnno. Not sure where you got that one. When UA and CO were in talks they had tentatively agreed to keep the UA name but CO management would run the show.

Glen Tilton has absolutely no interest in continuing with his aviation career. He took the job because he saw $$$$$$$$$ for himself. Whom ever does merge with UA will run the show.

Anyone remember the first attempt at a UA and US merger in 2001? Remember what was to become of the PSA certificate? DC Air ring a bell?:eek:

BlueSkiesAhead 05-09-2008 06:46 AM


Originally Posted by OnMyWay (Post 382345)
Nnnnnnnnnnno. Not sure where you got that one. When UA and CO were in talks they had ten natively agreed to keep the UA name but CO management would run the show. Glen Tilton has absolutely no interest in continuing with his aviation career. He took the job because he saw $$$$$$$$$ for himself. Whom ever does merge with UA will run the show.

Anyone remember the first attempt at a UA and US merger in 2001? Remember what was to become of the PSA certificate? DC Air ring a bell?:eek:

:confused: That makes no sense. You say that you don't know where he got the idea that Parker would run the show, but then you go on to say that whomever merges with UAL will be running things. So which is it?

Dashdog 05-09-2008 08:04 AM


Originally Posted by OnMyWay (Post 382345)
DC Air ring a bell?:eek:

Ha, I remember DC Air. Politics at its worst (or best, if you are on the receiving end).

OnMyWay 05-09-2008 08:30 AM


Originally Posted by BlueSkiesAhead (Post 382349)
:confused: That makes no sense. You say that you don't know where he got the idea that Parker would run the show, but then you go on to say that whomever merges with UAL will be running things. So which is it?

UGH!...........By saying that Doug Parker will run the show just because of the possibility that they will keep the US Airways name, makes no sence.........READ!!!!!!

Airwaves 05-09-2008 08:37 AM

United name, Parker running the show. How hard is that?

BlueSkiesAhead 05-09-2008 08:42 AM


Originally Posted by OnMyWay (Post 382464)
UGH!...........By saying that Doug Parker will run the show just because of the possibility that they will keep the US Airways name, makes no sence.........READ!!!!!!

You highlighted the statement about Parker being the CEO, then start your reply off with..."Nnnnnnnnnnno, Not sure where you got that one." That's what left me scratching my head when you clearly were trying to say that you thought that he would indeed be running things.

BlueSkiesAhead 05-09-2008 08:44 AM


Originally Posted by Airwaves (Post 382474)
United name, Parker running the show. How hard is that?

Not hard at all. That's just not the way that I interpreted his reply.

newcfii 05-10-2008 02:27 PM

I heard from the Rumor mill that Parker met with PDT last week. If UAL and US were to merge, PDT and PSA are HISTORY! Parker wants this merger and in order to get it, he must let us go! This is one of UAL's demands.

In this cyclical time of events, no matter who we work for, we should all be respectful of one another. We are all professionals and have a job to do! Also, you never know whose list we could get stapled to the bottom of!!!

freefall 05-10-2008 02:40 PM

WOW, I hope that doesn't happen to anyone.

IADBLRJ41 05-10-2008 04:17 PM

Well said.. Nobody should gain from another pilot's loss.



Originally Posted by newcfii (Post 383244)
I heard from the Rumor mill that Parker met with PDT last week. If UAL and US were to merge, PDT and PSA are HISTORY! Parker wants this merger and in order to get it, he must let us go! This is one of UAL's demands.

In this cyclical time of events, no matter who we work for, we should all be respectful of one another. We are all professionals and have a job to do! Also, you never know whose list we could get stapled to the bottom of!!!


dwightkschrute 05-10-2008 04:45 PM

This is clearly unfortunate news IF IT IS TRUE. Pilots gossip more than Orange County housewives so everything has to be taken with a grain of salt. I don't care where we go as long as I have a job (and my fellow wholly-own pilots as well of course) and I'm not stuck on the bottom of seniority list waiting 15 years for upgrade.

Flyboy8784 05-10-2008 07:29 PM

The Announcement is supposed to be middle of this week......geeze....this could very well end up a blood bath :(

ugleeual 05-10-2008 07:44 PM

1If UAL and US Air merge it will be a mess. UAL will be the buyer and will keep the brand name... and Parker will run the company... Tilton will step down and get a huge payout. The buyer will not be tagged to the person who runs the company... mgmt changes hats/shirts/business cards all the time... no loyalty. Interesting to see what "actually" comes out of Wall Street... but whatever happens it will be bad for employees... no matter what uniform you wear.

G-Dog 05-11-2008 04:55 PM


Originally Posted by flyguy19348 (Post 382282)
If you read the latest web cast on the HUB (from yesterday I think) there are a few references to 50 seat flying at US Airways.
1) the only flying they CAN reduce is wholly owned. The others are under contract.
2) they are monitoring MESA very closely. And NOT renewing any of MESAs 50 seat flying.

Sorry I cant copy and paste from the webcast but its nice to read.

This is from the webcast:

Considering the bleak financial picture for Mesa Air Group, will we be diversifying the Express
operations out West? For example, using Piedmont to cover turboprop ops or PSA to help
cover some of the RJ operations?

We’re looking at every potential scenario should Mesa’s financial picture become unsustainable.
Mesa did settle a lawsuit that had been a major concern for its finances; it also is meeting with Delta
to discuss Delta’s announced intent to end its contract with Mesa. We have no idea at this point what
Mesa intends to do, but VP-Express Dion Flannery says US Airways planners are looking at all kinds
of contingencies. Mesa flies for us as US Airways Express from PHX and Charlotte.

deadstick35 05-11-2008 05:05 PM


Originally Posted by flyguy19348 (Post 382282)
If you read the latest web cast on the HUB (from yesterday I think) there are a few references to 50 seat flying at US Airways.
1) the only flying they CAN reduce is wholly owned. The others are under contract.

Rut-roe, Raggy. :eek:

Page 4
Any plans for reductions in Regional Jet operations on the East Coast?
Not right now. We are tied into contracts and the only reductions could come from our two wholly
owned carriers.


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