New TSA Thread
#1411
Think this was thought up because of the negotiations with the company to attract new hires. Word on the street is that AWAC is not going to fair well in the long run and pilots try to put two and two together. They made one too many jumps to a conclusion that doesn't make any sense.
#1412
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I agree that United is a little late to the game with the wholly owned situation. And eventually will be in UA's best interest to evolve the CPP into something better. Although I don't think that it will happen anytime soon since there is no slowdown of new hires both at UA and C5 (depending on why you think the CPP is meant to accomplish).
#1413
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#1414
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UA already put money into and has a large ownership in C5 (just under 50%). A couple of C5 board members are from UA (2 of 5) and you will never see anything official from either company. That's the reason for the under 50% ownership by UA. A lot of key players at C5 are from UA or CO.
We were also told by the boss that UA will not outright buy a regional. It appears that was done once before under the CO name and it did not turn out very well. They seem to want something that they can wash their hands of if they need to.
We were also told by the boss that UA will not outright buy a regional. It appears that was done once before under the CO name and it did not turn out very well. They seem to want something that they can wash their hands of if they need to.
#1416
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That's why 40ish% is not significant and why they chose that amount.
#1417
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#1418
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The SEC would disagree with you...Northwest did the same years ago with Mesaba and it was only a 20% stake and it was reported to stockholders. Since Sarbanes Oxley and Enron you can't fart in a publicly traded company without filing a report with the stockholders.
#1419
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Oh yeah totally. Good call, I mean pilot shortage right. Thats just around the corner. Legacy tsa captains will be picking airplanes like a guy picks a sandwich. Just gotra hold on to the ole medical.
#worththewait
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