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United/USAirways merger: wholly owned
So If this merger goes through, what happens to PDT/PSA, USAirways wholly owned carriers?
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Take over the majority of domestic feed, park all the 737s and 320 series?
You know management would love to try... and the pilots would probably let them. |
Originally Posted by theHub
(Post 794460)
So If this merger goes through, what happens to PDT/PSA, USAirways wholly owned carriers?
Nu |
Since US would be the remaining airline us at PDT and those at PSA are still going to be wholly owned.
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Actually, the insiders are saying UAUA will be the survivor.
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Maybe if United comes out as the survivor, then maybe PDT and PSA can be on their own.
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If United takes control, mainline pay goes back to pre bankruptcy levels. This would be great for the entire profession of course, although our personal short term prospects would probably not be as good.
But keep in mind that Parker himself went out of his way to give that long-winded explanation in CLT last month that any USAirways merger would never ever never never trigger the snapback provision for mainline pilots caused by a change of control. It'd be interesting to see how they dodge that one. |
Tribe has spoken
researching published statements to back up my opinions...
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It's actually the other way around... UAL will pay LCC a premium to buy out LCC stock holders... UAL will in the end be the buyer and survivor if this deal goes through. I just read that CAL might make the same sort of play for UAL... where they will pay premium for UAL stock and be the survivor... hence UAL stock jumping a buck today.
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WOs get spun off...probably to AWAC or Skywest...or shut down.
Still don't think its gonna happen, though... |
Well if the NWA/DAL deal is any indication, the WO's will be gutted in favor of extremely expensive to break contracts with 3rd party contractors. But then again for Piedmont, both US and UA aren't the turboprop haters that DAL is.
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DP says a few time a month that consolidation would be good for Airways even if Airways is not involved in it.. and with the snap back Airways pilots would get, I don't see it working out. It might just be a move to get COA to start talking..
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Originally Posted by BoilerUP
(Post 794599)
WOs get spun off...probably to AWAC or Skywest...or shut down.
Still don't think its gonna happen, though... |
Originally Posted by dashtrash300
(Post 794614)
I heard on the news today that AWAC was one of the carriers to come in near last for customer service in 2009. Comair as well. Probably old news, for some reason it was on the news today. Thought I would share.
http://downloads.aqr.aero/reports/2010aqr.pdf |
Originally Posted by piper338
(Post 794609)
It might just be a move to get COA to start talking..
COA has been wary of merging and now United is setting up for a forced merger. Either CO and UA merge or conti is Left out in the cold on their own. |
Don't worry about it. If anyone is merging with or buying United it will be Continental. The LCC-UAUA rumors were simply a ploy by United to grease the wheels of the Continental deal. The Airways deal would have never worked anyway.
Ahead of the Bell: Continental Airlines - Yahoo! Finance |
Originally Posted by dashtrash300
(Post 794614)
I heard on the news today that AWAC was one of the carriers to come in near last for customer service in 2009. Comair as well. Probably old news, for some reason it was on the news today. Thought I would share.
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Originally Posted by Aviatormar
(Post 794660)
Were did you find this? Honest, I work there and it wouldn't be a shocker.
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Originally Posted by theHub
(Post 794460)
So If this merger goes through, what happens to PDT/PSA, USAirways wholly owned carriers?
Since UAL would be the surviving airline the wholly owned regionals would be sold off so Nobody would ever have a claim to United seniority EXCEPT a United hired Pilot. Ask AWAC what they got from being bought and owned by UAL Inc. Other than being cut up and spread out to pasture.. UAL Inc. doesn't have a lot of patience with regionals I'm afraid. When all the other carriers formed their OWN or bought their own regionals United was Hiring and Firing like it was a new "Olympic Sport". UAL Made Skywest by firing Mesa and they'll help them even MORE when they fire Mesa AGAIN! United is NEVER going to turn mainline flying over to ANY regional. (That they Don't OWN Outright!) Look what they did to Atlantic Coast and you'll see EXACTLY what they think of regionals. And another thing, No matter What ANYBODY Tells you, Neither USAir NOR Continental will EVER run United. Not in the Star Alliamce, and United is going Nowhere being a founding Member. The biggest chance at a takeover?? Lufthansa would be It if the opportunity were to come about. Since it Can't at present? There's no need to look for any other Scenario because it Ain't Gonna Happen!! And That's all the FAT Lady Sang. Were I Republic?? I'd be Concerned... |
Well it's all speculation right now. There is no need to get anyone worried about what MIGHT happen. Everything is a possibility.
But what is a fact is that Doug P. Wanted to be CEO of the largest airline in the world from Day 1. Wether or not United is the brand name or US Airways, Doug P will be in charge and he doesn't care what the pilots/fa want. There are no rules when it comes to a merger. |
Originally Posted by seafeye
(Post 794958)
But what is a fact is that Doug P. Wanted to be CEO of the largest airline in the world from Day 1. Wether or not United is the brand name or US Airways, Doug P will be in charge and he doesn't care what the pilots/fa want. There are no rules when it comes to a merger.
You are right. LCC would be the aquiring carrier to prevent the snapbacks, it would be called United, Tilton would get his payday and get the hell out like he wants, and Parker would be king of the dung heap. (Talking about the management team, not the hard working employees.) |
I'll take the opportunity to plug Holly Hegemen. She's got her lid screwed on tighter and in better shape than a good 99.9% of industry analysts and speculators.
I don't want to post her opinions on the subject verbatim, but in her weekly post put out yesterday, her take on this was positive... as long as Tilton gets the hell out of town when it's all said and done. She wants Doug and Scott at the helm. She also went on to give her two cents about the pilot unions making statements so soon after the "leak". Don't think that US hasn't learned its lesson and didn't take note of DL/NWA. She also surmises the end of USAPA once the UA ALPA group comes into the mix. If you don't subscribe to her, I highly suggest shelling out the meager quarterly price. She may not say what you want to hear, but damn it, she plays it as straight as it can come. The woman is S-M-R-T... I mean S-M-A-R-T! |
UAL/LCC aint gunna happen.
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