Perhaps it was the way that the Pan Am and Western people were treated that has them concerned.
Let’s see…
Western was having problems but was working them out.
A couple airlines approached Western with merger or buy-out proposals which Western turned down. Western did say they might be interested in a merger partner ‘after they got their own house in order, so they could negotiate as equals with something to offer.’
Everyone honored Western’s wishes and backed off. After Western regained their position, Western and Delta got together. And how poorly did Delta treat the Western employees?
No jobs lost.
No one was reduced in position.
The FIRST action taken after the papers were signed was to give every Western employee a pay raise.
Any Western employee that had to relocate because of the merger was given paid time off, positive space tickets, hotel and meals for house hunting.
Their move was fully paid by Delta.
Dual living expenses were paid until the family completed their move.
Pan Am people? You’re probably right. They would have been better off if Delta had left them where Pan Am put them… On the street. That really was a dirty deal Delta gave them… Hiring them, giving them the same position at Delta they formally had at Pan Am, paying them more than Pan Am had, with better benefits than they had at Pan Am, gave them back a pension after Pan Am had blown theirs… Yes, you’re right; they should have been left where Pan Am put them.
US Air? Your company, LCC, has no honor.
Just as Delta, United, and Frontier were asked to back off by Western, you were asked to back off. Instead of complying, your response is similar to any rapist; ‘if you won’t accept a civil advance, you’ll get it forced on you.’
Your personnel history looks like that of any rodent, prone to eating your own.
The only “synergies†US brings to the table are visions of what can be sold off and how many jobs can be eliminated.
Yours is one of the companies that lead the airline industry’s race to the bottom. A major mistake that put Delta where it is today was holding on to the belief that superior service would mean more to the traveling public than trading a few $$$s off ticket price for poor/no service.
Am I wrong? If I was, you people would be offering up examples of the benefits to be had by all, not just yourselves. You’d be showing how the people your company dumped were so much better-off for it. You’d be showing how well US East and West are getting along. How US East got their contracted bonus and how US West was applauding them for it, especially considering West received a pay raise East missed out on. A pay raise that still leaves you at the bottom of the scale two years (and, how many billions in profit?) after your emergence from your SECOND BK. For that matter, if Douggie honored contracts, you wouldn’t be at the bottom because East would have gotten their contractual pay snap-back and West, per Douggie’s verbal contract of everyone rising to the highest compensation level, would have received a larger increase.
You are right about one thing: Gerald Grinstein does have a history that shows he is amenable to mergers, when he sees a benefit to all parties involved.
Get your own house in order, let Delta do the same, show SOME track record that Douggie has a business plan that works and involves more than just hedge funds, and then come back. Who knows, play nice and it just might work out. I doubt it. Anybody with more than one active brain cell can see that DL/US is a poor match. If it does happen it will spark others and this one will leave us in the weakest position of all. Not good now. Even worse later.
Delta is not the aggressor here, You are. Delta’s history doesn’t matter here, Yours does. Delta’s intentions aren’t in question here, Yours are.