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-   -   AWAC $35 million loan to U.S. Airways (https://www.airlinepilotforums.com/regional/33128-awac-35-million-loan-u-s-airways.html)

Killer51883 11-06-2008 05:52 PM

thanks boiler i totaly forgot about the united operation awac had. i was only thinking about their usair contract.

flyerfly 11-06-2008 06:10 PM

I just hope that AWAC can get some movement. We need a boost...morale here is pretty low and it's time for change....wow haven't heard that recently...

Spad 11-06-2008 07:48 PM

earlier stock sale
 
Is the $35 Million some the money AWAC got when it sold its USAir stock and gave up its seat on the board? Don't recall how much money was made on the sale, but AWAC had invested $175 Million in US Air to get their business after they got concessions and still failed to get a long term deal from United.

Flyboy8784 11-06-2008 08:20 PM


Originally Posted by Spad (Post 493485)
Is the $35 Million some the money AWAC got when it sold its USAir stock and gave up its seat on the board? Don't recall how much money was made on the sale, but AWAC had invested $175 Million in US Air to get their business after they got concessions and still failed to get a long term deal from United.


No its from all the money they've saved by furloughing downgrading and eliminating overnights in LGA/RDU by splitting up trips and making pairings that wanna make us gouge our eyeballs out. :rolleyes:

Oh and dont forget about the 15% drop in APU Usage....thats like a billion dollars right there :p

freefall 11-06-2008 08:24 PM

From what I understand it WAS NOT United's choice on which regionals to drop. The Judge picked the cheapest operators to stay and AWAC was not one of them.

PBS sucks but It seems like its on its way. Some of the union people I have flown with seem to be sutally (sp?) talking it up as "not a bad thing".

Makes me wonder if our "New Union" is already getting in bed with the company.

AWAC....We Know Drama.....

Spad 11-06-2008 08:40 PM


Originally Posted by Flyboy8784 (Post 493507)
No its from all the money they've saved by furloughing downgrading and eliminating overnights in LGA/RDU by splitting up trips and making pairing that wanna make us gouge our eyeballs out. :rolleyes:

Yep. Seems like no airline mgt can stand for anyone to have a good contract. They want all the money. It is time one of these guys stepped up and cut his own pay to $1 a year until his comany is profitable enough to restore concessions. Didn't Lee Iacoca do that at Chrysler. If he didn't, he should have. That would be leadership.

SuperPilotJesse 11-06-2008 09:33 PM


Originally Posted by freefall (Post 493512)
From what I understand it WAS NOT United's choice on which regionals to drop. The Judge picked the cheapest operators to stay and AWAC was not one of them.

PBS sucks but It seems like its on its way. Some of the union people I have flown with seem to be sutally (sp?) talking it up as "not a bad thing".

Makes me wonder if our "New Union" is already getting in bed with the company.

AWAC....We Know Drama.....

Subtly or Subtle

If spelling isn't your strong suit may I suggest FireFox, it has a built in always active spell check!

DeltaPaySoon 11-06-2008 09:41 PM


Originally Posted by BoilerUP (Post 493251)
Both carriers stand to lose SUBSTANTIAL (in AWAC's case, nearly all) revenue if US Airways becomes insolvent.

This was EXACTLY my first thought. USAir is in such dire straights that it can no longer garner enough investment from the private sector. Folks, this is more than just positioning themselves with RAH. This is another lifeline from a business partner in an attempt to save USAir before it gets out of control.

I feel for AWAC and RAH pilots as both of your CEO's have invested your money in someone elses job upfront in order to save yours (Ok, his job) down the road. It may be out of total necessity but that's YOUR money and understand completely why you would be aggitated.

dojetdriver 11-06-2008 10:43 PM


Originally Posted by andy171773 (Post 493226)
Difference between RAH and AWAC and every other airlines?

AWAC and every other airline has been raped and downsized (asked skywest), so that RAH could grow. AWAC is a shadow of its former self.

Actually, SkyWest got to experience growth during the UAL BK/Bain process in which AWAC and ACA were the casualties.


Originally Posted by BoilerUP (Post 493251)
I don't work there anymore, but Air Wisconsin used to own DEN and ORD. The 146 made United money hand over fist during ski season, hauling up to 100 folks in and out of Aspen. AWAC closed DEN and shifted eastward to IAD with the start of IndyAir

AWAC was moving into IAH before that. I was based in IAD in the summer of 2002, they were there. Albeit, in a very limited capacity. But UAL had plans for them there before they filed Ch.11 and were parting ways with ACA.


Originally Posted by BoilerUP (Post 493251)
and after 30+ years in partnership with United were told they were too expensive and the contract was terminated.

That wasn't the ONLY time UAL gave them the dis. They bought AWAC back in the 90's to get their slots in Chicago. When they decided to break them up, they basically forced some of the planes and the pilots onto ACA. The first couple pages of our (ACA) seniority list was a mishmash of odd seniority numbers with out of sequence hire dates. Some of the guys from WestAir/NPA, but many of them from AWAC as well. UAL gave pref interviews to many of the AWAC pilots, and there is whole bunch of drama that went with that. It ended up being a crappy deal for the AWAC pilots that went to ACA. They (AWAC) had some of the best pay for their equipment at the time. A -8 FO BACK then was making in the $30/hr range. Those guys got to become J31 FO's for somewhere around $13/hr.

BoilerUP 11-07-2008 05:06 AM

When I was at PBS, I worked closely with the union regarding it. In a previous job with another airline, my wife had been a PBS administrator.

It *can* improve things, but only if there is a full re-write of Section 25 to include specific paring and line construction language to prevent pilots from getting royally boned. Additionally, I believe full control of such construction should go to the Scheduling Committee Chairman. At the very least, the SCC should have veto power over any proposed parings before they are published. At the very most, all parings should be built by the SC.


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