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Originally Posted by SoCalGuy
(Post 875966)
What many of us are overlooking.....In order for Jeff and the New UAL to execute all the talked about "synergies" that the investors will be wanting to see/promised by way of this merger, they (the company & it's shareholders) WILL need to have a Pilot Group JCBA (and SLI) completed to deliver the numbers touted during the pre-merger talk/propaganda. The ball's in their court to a certain extent....If there are 'large'/lucrative 'synergies' to be had as the talking heads have touched on, then we (the NEW Pilot Group) have skin in the deal to share in it's payout's via the new/lucrative JCBA.
The pieces are in place.....be patient & let the game play out. Not discounting the importance of this JCBA for the NEW Pilot group, but I for one STILL like our present position in the 'game'. I will agree that this is mainly their pilots' fault preventing a full consummation of the marriage over there. The ball was in their court and the pretty much blew that. Hence, doing the JCBA first over here makes our position in the game a better one. |
Originally Posted by EWRflyr
(Post 876242)
I agree for the most part, but don't forget the whole USAirways debacle. Every merger brings alleged synergies to the table, but US still hasn't realized theirs in full. Remember that VP Fred "I'm Helping Make Your Commute Easier" said in the Flight Ops Propaganda that CAL/UAL didn't have to have this done to realize synergies using US as an example.
I will agree that this is mainly their pilots' fault preventing a full consummation of the marriage over there. The ball was in their court and the pretty much blew that. Hence, doing the JCBA first over here makes our position in the game a better one. EWR.... You are absolutely correct on what has become of the USAirways debacle, no arguing there. On the flip side, why do you think Jay was bombarded for interviews (by the various Financial Analyst/Wall Street Talking Heads/and big time investment firms) during the Court-Ship of this entire merger??? They needed/wanted to know where his Pilot Group stood in this Merger (I'm sure Wendy had the same over at UAL). Wall Street has seen first hand by way of the "Charlie Fox" at USAirways, and enesence, this 5 yr debacle has prevented the company from delivering what they had 'promised' investor first hand from the start.....Financial Benefit of the two airlines coming together. It was just within the last 2 months that even USAirways Mgt has asked for legal help/intervention by the Gov to get this mess figured so that 'they' can reap the 'synergies' that they promised from the start. http://www.bizjournals.com/charlotte/stories/2010/07/26/daily17.html When looking at what has happened at USAirways for the last 5+ yrs, I would say that even though approval was given and things are in full swing, the Financial World (and even the Gov) has/will be looking at our Merger with a bit more of a critical eye on delivering what our Mgt has promised it's investors by way of 'huge' economic synergies. Just one man's take, but your point is understood as well. |
Originally Posted by Monkeyfly
(Post 875956)
I know the info from the Union has been sparse, but let's look at the information first before we get our panties in a bunch.
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Originally Posted by SoCalGuy
(Post 876254)
EWR....
You are absolutely correct on what has become of the USAirways debacle, no arguing there. On the flip side, why do you think Jay was bombarded for interviews (by the various Financial Analyst/Wall Street Talking Heads/and big time investment firms) during the Court-Ship of this entire merger??? They needed/wanted to know where his Pilot Group stood in this Merger (I'm sure Wendy had the same over at UAL). Wall Street has seen first hand by way of the "Charlie Fox" at USAirways, and enesence, this 5 yr debacle has prevented the company from delivering what they had 'promised' investor first hand from the start.....Financial Benefit of the two airlines coming together. It was just within the last 2 months that even USAirways Mgt has asked for legal help/intervention by the Gov to get this mess figured so that 'they' can reap the 'synergies' that they promised from the start. http://www.bizjournals.com/charlotte/stories/2010/07/26/daily17.html When looking at what has happened at USAirways for the last 5+ yrs, I would say that even though approval was given and things are in full swing, the Financial World (and even the Gov) has/will be looking at our Merger with a bit more of a critical eye on delivering what our Mgt has promised it's investors by way of 'huge' economic synergies. Just one man's take, but your point is understood as well. |
Originally Posted by A320fumes
(Post 876277)
an impasse over the separate B-747 BES/Payrates
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Originally Posted by skypest
(Post 876934)
what is a b-747 bes ??
Base Equipment Seat |
Originally Posted by skypest
(Post 876934)
What is a B-747 BES ??
Its amazing what a homeless pilot will do for $20 isn't it? |
Originally Posted by A320fumes
(Post 876277)
We haven't presented financial proposals yet; CAL/UAL ALPA are at an impasse over the separate B-747 BES/Payrates and the affect such a move would have on SLI.
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Originally Posted by Fritzthepilot
(Post 877334)
Edumacate us please. Why would the Whale pay rates produce an impasse?
During the SLI arbitration, it could be argued that since the whale pays more in that scenario instead of the same as the 777 (which both groups have), the career expectations are higher and Former UAL pilots could get better placement on the combined list. So the theory goes. As to whether that is a legit argument or fear, who knows? |
Originally Posted by Spicy McHaggis
(Post 877395)
During the SLI arbitration, it could be argued that since the whale pays more in that scenario instead of the same as the 777 (which both groups have), the career expectations are higher and Former UAL pilots could get better placement on the combined list.
So the theory goes. As to whether that is a legit argument or fear, who knows? |
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