New United assumes 70 seat plus scope
From the Q2 conference call, it's pretty apparent that pilots want to tighten scope, and management wants to relax it with respect to RJ flying.
If you haven't listen to the UAL Q2 earnings conf. call, here are few excerpts: Hunter Keay – Stifel Nicolaus Okay, that's great. Thanks for the color. And I guess, I don't know who – this is maybe better question for John or Glenn I'm not sure, but if you guys could spend a minute talking about the scope clause and the contract with this merger, your scope clause is at least as it pertains to regional lifts look a lot different than (inaudible), I think Continental is you guys obviously growing really aggressively in a regional side, give me a sort of a high level without getting into details here. How do you guys were strategically view, (inaudible) but how do you strategically view a pro forma Continental United post merged airline dealing with scope and sort of how you take about the regional lift fitting into the network? Kathryn Mikells Sure. Glenn Tilton Absolutely, John and I are going to push it over to Kathryn. Hunter Keay – Stifel Nicolaus Perfect. Thank you guys. Kathryn Mikells I think the two management themes are clearly aligned in this area. In advance of us announcing our mergers, Continental had offered to their pilots the Delta contract plus a dollar and a clearly part of what they were offering was seeing to get scope release as it related to regional adjustment and (inaudible) compared to what they operate with today. Clearly we have a fair amount of flexibility and that is serving our network very well which is helping us to generate the kinds of profits that we're talking to you about today which is as we mentioned on the call is, what we have to do for all of our constituents. So I think the two management teams are very aligned on this issue and that was very clear even in advance of us announcing our merger, ultimately we've got to negotiate a new collective contract with our pilots and I think as Glenn mentioned in our prepared remarks we are off to a good start in terms of having negotiated a transition agreement with them already so that we can now take our time and attention and focus it on that single cost of our winning [ph] agreement. Michael Linenberg – Deutsche Bank Hi good afternoon everyone. Two questions here, I guess to start off Glenn we see the transition process agreement with the pilots, with the Continental United pilots. What does that really mean, what does that entail, I mean for example will that allow you and Continental and say (inaudible) maybe fully take advantage of what is afforded under the antitrust immunized [ph] Trans-Atlantic JV, I mean if you can just give us some additional color anything. Doug McKeen As it relates to your direct question, really what happens is the collective agreements stay in place. And so there is really no modifications as it relates to what happens. The integrity of this agreement is really a structure that facilitates negotiating the new agreement facilitates implementation of a single seniority list and ultimately facilitates getting to a single collective agreement. And that's really how you think about it. Kathryn Mikells And then you had just mentioned as that held enable sort of our Atlantic joint venture. The issue that Continental had in our Atlantic joint venture was their inability to revenue share with another US carrier under their pilot scope agreement. Michael Linenberg – Deutsche Bank That's right. Kathryn Mikells When we closed the merger transactions, we become one carrier and so that point is muted [ph]. Michael Linenberg – Deutsche Bank Okay, great. That's actually a very good thing. Don't spend your strike fund just yet. UAL Corporation Q2 2010 Earnings Call Transcript -- Seeking Alpha |
You know what they say about assuming. I'll strike for scope.
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I'll strike for scope. It's either strike or be furloughed, so I'm not working either way.
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Originally Posted by Ottopilot
(Post 845438)
I'll strike for scope. It's either strike or be furloughed, so I'm not working either way.
I feel the same! |
Otto
Most of the Cal guys say that and don't get me wrong I believe it but as you know it all depends on your point of view. I recently had a Cal jumpseater 75/76 mid 40's said without skiping a beat "I can be Bought". I think its a alot more guys out there like him, than like you. Your thoughts? |
Am I correct in assuming that the current CAL has the tightest scope clause of all legacy carriers? How sad would it be for them to give it away.
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Originally Posted by poor pilot
(Post 845462)
Otto
Most of the Cal guys say that and don't get me wrong I believe it but as you know it all depends on your point of view. I recently had a Cal jumpseater 75/76 mid 40's said without skiping a beat "I can be Bought". I think its a alot more guys out there like him, than like you. Your thoughts? Having been bit by that snake, I would say most UAL pilots would not say that. Any pay raise is erased due to the parking of planes and your resulting down-grade. |
Originally Posted by poor pilot
(Post 845462)
Otto
Most of the Cal guys say that and don't get me wrong I believe it but as you know it all depends on your point of view. I recently had a Cal jumpseater 75/76 mid 40's said without skiping a beat "I can be Bought". I think its a alot more guys out there like him, than like you. Your thoughts? |
Originally Posted by Ottopilot
(Post 845438)
I'll strike for scope. It's either strike or be furloughed, so I'm not working either way.
|
Originally Posted by poor pilot
(Post 845462)
Otto
Most of the Cal guys say that and don't get me wrong I believe it but as you know it all depends on your point of view. I recently had a Cal jumpseater 75/76 mid 40's said without skiping a beat "I can be Bought". I think its a alot more guys out there like him, than like you. Your thoughts? |
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