New timeline?
01-20-2011 | 10:52 AM
#1
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Gets Weekends Off
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New timeline?
So what can we expect now as far as a timeline for events?
I understand the original mediator is out and the new one in. Not sure if the new guy is a good or indifferent development.
It's been widely stated that the mediator will need to be brought "up to speed" before any progress is made and many suggest this could take weeks, possibly months but I guess the real question is in what time frame will real progress likely take place. Mid summer, next fall or is it just a guessing game?
After all, the AMR folks have been in mediation a darn long time...
I understand the original mediator is out and the new one in. Not sure if the new guy is a good or indifferent development.
It's been widely stated that the mediator will need to be brought "up to speed" before any progress is made and many suggest this could take weeks, possibly months but I guess the real question is in what time frame will real progress likely take place. Mid summer, next fall or is it just a guessing game?
After all, the AMR folks have been in mediation a darn long time...
01-20-2011 | 12:58 PM
#2
Keep Calm Chive ON
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From: Boeing's Plastic Jet Button Pusher - 787
Unlike "UniCal", AMR's BOD does NOT have to answer to it's share holder's as to why $1.4+Billion in promised "Economic Synergies" is NOT coming about any "sooner" following the Oct 1st (Economic) closing. This will be a 'hot topic' that UAL will have to "spin" to it's investors in the months/yr to come if they choose to go "AMR Deuxieme Partie".....AKA "AMR Part Two".
BTW....IMO.....18+ months till we have a MEC voted/approved T/A for the Joint Pilot Group to view/vote.
01-20-2011 | 04:00 PM
#4
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So what can we expect now as far as a timeline for events?
I understand the original mediator is out and the new one in. Not sure if the new guy is a good or indifferent development.
It's been widely stated that the mediator will need to be brought "up to speed" before any progress is made and many suggest this could take weeks, possibly months but I guess the real question is in what time frame will real progress likely take place. Mid summer, next fall or is it just a guessing game?
After all, the AMR folks have been in mediation a darn long time...
I understand the original mediator is out and the new one in. Not sure if the new guy is a good or indifferent development.
It's been widely stated that the mediator will need to be brought "up to speed" before any progress is made and many suggest this could take weeks, possibly months but I guess the real question is in what time frame will real progress likely take place. Mid summer, next fall or is it just a guessing game?
After all, the AMR folks have been in mediation a darn long time...
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
01-20-2011 | 04:13 PM
#5
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Although a very true statement.....
Unlike "UniCal", AMR's BOD does NOT have to answer to it's share holder's as to why $1.4+Billion in promised "Economic Synergies" is NOT coming about any "sooner" following the Oct 1st (Economic) closing. This will be a 'hot topic' that UAL will have to "spin" to it's investors in the months/yr to come if they choose to go "AMR Deuxieme Partie".....AKA "AMR Part Two".
BTW....IMO.....18+ months till we have a MEC voted/approved T/A for the Joint Pilot Group to view/vote.
Unlike "UniCal", AMR's BOD does NOT have to answer to it's share holder's as to why $1.4+Billion in promised "Economic Synergies" is NOT coming about any "sooner" following the Oct 1st (Economic) closing. This will be a 'hot topic' that UAL will have to "spin" to it's investors in the months/yr to come if they choose to go "AMR Deuxieme Partie".....AKA "AMR Part Two".
BTW....IMO.....18+ months till we have a MEC voted/approved T/A for the Joint Pilot Group to view/vote.
I have no idea on when we will get a new contract though.
30west
01-20-2011 | 05:49 PM
#6
Keep Calm Chive ON
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From: Boeing's Plastic Jet Button Pusher - 787
I agree when they go to the banks for financing soon(5 billion dollars+/-) and explain how the synergies are going to roll in after SOC, the banks then start checking what management said and find out we are miles apart on new contract. This will be a problem, the banks will say UAL management you have 2 choices if you want money, 1) finish the pilot contract 2) your not going to like the interest rate were going to charge you.
Players in the lending/banking world are in the business to mitigate future "Lending vs Risk". In this case, they will not be left to wonder as to what a SOC will look like when the 'full fruits' of promise cannot be delivered as sold by ways of inflated expectations referred to as "Synergies" in such a deal as the New UAL.....They (investors/lenders-banks) need to look no further than the present day merged USAirways as to where this will go without such a JCBA in place to make things matriculate as promised by way of 'future success'.
What NEEDS to be done on Mgt's behalf is pretty clear, and the options are NOT 'plenty' for them to play with.
01-21-2011 | 02:30 AM
#8
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Gets Weekends Off
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2 good things with the new mediator are
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
01-23-2011 | 11:35 AM
#9
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From: B737 CAPT IAH
2 good things with the new mediator are
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
Lee
01-23-2011 | 07:49 PM
#10
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Posts: n/a
2 good things with the new mediator are
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
1) He has worked with UA pilots before on contract and was a pilot very little bringing up to speed
2) He is the guy that unexpectedly told Alaska management he was recommending releasing the pilots in a short time causing them to get a contract
30west
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