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Originally Posted by DrDHD
(Post 3387783)
“The agreement also provides for a $94.2 million fee payable by Spirit in connection with certain terminations of the agreement.
The companies say they expect to close the transaction in the second half of 2022.” appears the doj blocking the deal avoids any penalty, however. |
I was a 737 captain at USAir in 2000 and the UAL meager was supposed to be a slam dunk thanks to Stephen Wolf, who was specifically hired to complete it. The DCA operation was going to sold to the owner of the BET network along with several other route divestures. Having 12 years seniority at the time, things were looking pretty good for a DOH combined list.
Right before 9-11 DOJ said “no” and that was that. Never one to waste a good crisis USAir proceeded to park 110 aircraft permanently and lay-off 1,800 pilots following 9-11. Management stated they had no “Plan B” without the UAL merger. Two bankruptcies later and back to reserve first officer I had enough and “retired” as they were literally months from Chapter 7 until America West bought them with their airline stimulus money at the time. All great reasons can be found for mergers from the participants and plenty of people can find a threat in it and try to put the brakes on it. It’s not over til it’s over. |
Originally Posted by GWY320
(Post 3387787)
I agree with Dr Steve. I’m hearing projections where we will be losers. Hopefully they are wrong, but most likely not.
The thought of applying to a certain legacy based on base location had crept into my mind after ORD closing and the winter excitement but now? No way. I am pretty happy and cautiously optimistic we can both benefit from each other contracts. But I was wrong once so I could be wrong a second time. |
I can assure everyone in this thread that it’s not just congressional democrats questioning the efficacy of this merger. I’m 7+ years at NK and I’m not convinced it’s a good thing.
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This merger brings nothing but a crap sammich. My life won’t be better because of it only worse. The fact that mgmt has been planning on it for who knows how long probably explains why the last year they didn’t do crap to improve the operational problems besides implementing Bendcon. NK pilots gonna get shafted by Biffledouche
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Gotta love the govt snooping and complaining about 2 airlines (efficient and profitable ones, minus covid crap) business decisions and what they want is always rich. The most fiscally irresponsible people trying to control and alter businesses from getting better. Merger or not, fares will be up because everyone is licking their wounds from...wait for it...when the GOVT shutdown travel and cost the airlines billions; not to mention crude over $120/barrel and climbing.
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Originally Posted by CincoDeMayo
(Post 3387768)
To me, it works. Hard to go after the big boys being smaller and even harder when having to compete against other ULCCs
Originally Posted by 93Sierra
(Post 3387835)
This merger brings nothing but a crap sammich. My life won’t be better because of it only worse. The fact that mgmt has been planning on it for who knows how long probably explains why the last year they didn’t do crap to improve the operational problems besides implementing Bendcon. NK pilots gonna get shafted by Biffledouche
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They hired XXX number of crew schedulers! Because they lost almost as many!
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Originally Posted by 93Sierra
(Post 3387920)
They hired XXX number of crew schedulers! Because they lost almost as many!
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Originally Posted by Douglas9
(Post 3387949)
6 hours and counting trying to get ahold of scheduling today.
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