USAir offers to buy Delta? - Page 4 - Airline Pilot Central Forums

#31

vagabond , 11-15-2006 08:30 AM

Administrator

Quote:

Originally Posted by FlyingHigh

Originally Posted by vagabond
....UPSFO, you have a delightful sense of humor. I like you!

Yes! I could not agree more! Many of us on this forum enjoy and appreciate UPSFO4LIFE a great deal! In fact, he should email me right away at [email protected]. Seriously, I would like to extend a personal "thank you" and a special invitation to UPSFO4LIFE. Please email me ASAP! As long as your first name does not start with the letter "J," you've got yourself an interesting new friend here. How about shooting me an email, dude?

What kind of non sequitur is this? This is an aviation forum, not an online dating site.

#32

Ottopilot , 11-15-2006 08:32 AM

Gets Weekends Off

Quote:

Originally Posted by L'il J.Seinfeld

It also means a lot better and more secure profession with better pay and QOL for you pax guys.

How is losing your job and getting no paycheck "more secure and better pay"?

Thousands will lose thier jobs.

#33

brokepilot , 11-15-2006 08:58 AM

New Hire

Does anybody know if Delta even has the power to stop this?

#34

swaayze , 11-15-2006 10:42 AM

Gets Weekends Off

I don't believe they do. The bankruptcy court and creditor's committees hold the real power. Now we see just why AA was so adamant about staying out of bk, you really do lose control of your company. With a 25% premium it's almost guaranteed that the unsecured creditors will be heavily in favor of this hostile takeover attempt, and the judge is bound to protect the creditors thus he'll approve it as well. DOJ is probably the biggest hurdle here and I'm sure they're willing to do adequate carve-outs to appease them.

#35

UPSFO4LIFE , 11-15-2006 10:48 AM

Gets Weekends Off

Quote:

Originally Posted by FlyingHigh

???????????

#36

FlyingHigh , 11-15-2006 11:14 AM

New Hire

Re: ??????????

Well, I guess there's only one way to find out. If you want to make this anonymous, you could open up a free email account on fastmail.fm or one of those others, and email me from there. Go for it, dude. You might just have an admirer out here. What have you got to lose? -- Looking forward!

#37

jdt30 , 11-15-2006 11:33 AM

Gets Weekends Off

Quote:

Originally Posted by FlyingHigh

I've seen some thread drifting, but this one takes the cake.

#38

HSLD , 11-15-2006 12:13 PM

APC co-founder

Quote:

Originally Posted by brokepilot

Does anybody know if Delta even has the power to stop this?

One thing executives hate about chapter 11 is that they have lost the ability to effectively "run" the company. All decisions are made by the creditor committee and the judge. The question isn't if Delta can stop this, it's can the DAL creditor committee stop this - and would they want to?

From the initial presentation, it looks like a good deal for the DAL creditors. That said, what's good for the creditors isn't necessarily good for labor (how's that for an understatement).

EDIT: Just saw swaayze's post..... please read my reply as: "what swaayze said"

#39

beech2jet , 11-15-2006 12:16 PM

Line Holder

The Big Merger

I saw today that US Airways has put out a bid to buy Delta. They have also stated that they want to keep the Delta name. My question is, if this deal pans out, what will this do to smaller regional’s that feed US Air? Some regional’s actually own part of Us Air like Air Wisky for instance, but what about those airlines such as Colgan or others operating as US Airways Express? Will they simple go out of business? I have been holding out for a long time to apply to the right regional and I want to make sure I don't go down a road that is destined to end. I've been on these fourms for a long time and just now registered. Those that are involved or simply looking in from the outside, what are your thoughts?

#40

KZ1000Shaft , 11-15-2006 12:19 PM

Gets Weekends Off

I wouldnt worry about anything yet. US Air has only stated that they want to buy Delta. No formal agreement has been made. In fact, US Air and America West merger isn't even complete yet. They still dont know how the seniority lists will merger.