2014 Pilot Discussion
- Thread starter Falcon
- Start date
- Status
I have...AWA bought Airways with the investment monies amassed in Barbell Aquisition, in a reverse aquisition.end_of_alpa said:
See, your COC was not worth the toilet paper it was written on...but thanks for making it easy this time around!
Oh, and the soon to be former SCAB union you helped found will not be representing anybody in another 6-8 weeks.
snapthis
Veteran
- Joined
- Dec 23, 2009
- Messages
- 4,236
- Reaction score
- 6,907
Luv, US Air was in no position to acquire even a popsickle stand in 2005. The events in 2007 were a result of what's know as a reverse acquisition. The arbitration took the health of both companies in consideration when it came to career expectations. That's why you want people to believe otherwise.
The difference this time around it's AA in the driver's seat because they did not need a bailout. They were in much better shape than your airway.
US Air files Chapter 11
Talks with labor unions for $800 million in concessions go nowhere.
September 13, 2004: 9:14 AM EDT
NEW YORK (CNN/Money) - US Airways Group filed for bankruptcy protection Sunday for the second time in two years.
The Chapter 11 filing in the U.S. Bankruptcy Court in Alexandria, Va., came after the airline was unable to obtain $800 million in annual cost cuts from its workers' unions. The airline had warned during talks the concessions were needed to avoid the bankruptcy filing.
"Customers should not notice any changes to flight operations or customer service because of this filing," the airline said in a statement on its Web site. "All bookings will be honored and there are no changes to our ticketing policies."
A spokesman for US Air said Monday that the airline was operating as scheduled before the filing.
Bruce Lakefield, US Airways' president and chief executive, said in a statement released Sunday that failure to obtain concessions heightened the need for the company, the seventh largest airline, to conserve its cash and proceed with its plans to overhaul the business and become a low cost carrier.
US Airways said it needed to cut costs by $1.5 billion in order to make its business to operate more like its discount rivals. The centerpiece of the cost-cutting blueprint, which it had hoped to get voluntarily, was $800 million in concessions from labor unions.
But the airline failed to get another penny from pilots, flight attendants, mechanics and other unions, who yielded nearly $2 billion to help the company out of its first bankruptcy.
"We have made the difficult but necessary decision to complete this process with the help of the court," Lakefield said. A Chapter 11 bankruptcy proceeding gives a company protection from its creditors while it reorganizes its business operations under court supervision.
The airline said its existing marketing and vendor relationships will continue. US Air said it received court permission to continue its dividend miles program.
The filing comes one day after the third anniversary of the Sept. 11, 2001 hijack attacks, which accelerated a cyclical softening of business into the industry's worst-ever financial crisis.
But US Air had been one of the most troubled of the major airlines even before the Sept. 11 terrorist attack. Its plans to be purchased by United Airlines parent UAL Corp. had been blocked by federal antitrust regulators earlier that year. That had left the airline with a difficult challenge to reshape itself and cut costs even before the attacks.
US Airways Outlines Time Frame for Possible Liquidation
By Keith L. Alexander
Washington Post Staff Writer
Monday, September 27, 2004; Page A20
US Airways faces a "high probability" of liquidation by mid-February if the temporary pay cuts it requested are not approved by the U.S. Bankruptcy Court.
It was the first time since the Arlington-based airline filed for Chapter 11 bankruptcy protection on Sept. 12 that it publicly gave a time frame for a possible liquidation. This possibility was raised in a filing Friday.
One other thing Luv, this quote is after all arguments were made to Nicolau and the determination was made by the arbitration panel.
"Our view is that neither picture is persuasive. The US Airways reliance on post-merger statements by America West's CEO, clearly made to assuage growing concerns of America West pilots who had seen a post-merger end to hiring, an increasing return of long furloughed US Airways pilots and a flattening in their own advancement, 'is misplaced. Equally so is America West's insistence that US Airways was about to disappear. Yet, it cannot be disputed that there were differences in the financial condition of both carriers
and that US Airways was the weaker. This necessarily means that career expectations differed and that US Airways pilots had more to gain from the merger than their new colleagues."
Now, in the eyes of the arbitrator, who had more to gain?
The difference this time around it's AA in the driver's seat because they did not need a bailout. They were in much better shape than your airway.
US Air files Chapter 11
Talks with labor unions for $800 million in concessions go nowhere.
September 13, 2004: 9:14 AM EDT
NEW YORK (CNN/Money) - US Airways Group filed for bankruptcy protection Sunday for the second time in two years.
The Chapter 11 filing in the U.S. Bankruptcy Court in Alexandria, Va., came after the airline was unable to obtain $800 million in annual cost cuts from its workers' unions. The airline had warned during talks the concessions were needed to avoid the bankruptcy filing.
"Customers should not notice any changes to flight operations or customer service because of this filing," the airline said in a statement on its Web site. "All bookings will be honored and there are no changes to our ticketing policies."
A spokesman for US Air said Monday that the airline was operating as scheduled before the filing.
Bruce Lakefield, US Airways' president and chief executive, said in a statement released Sunday that failure to obtain concessions heightened the need for the company, the seventh largest airline, to conserve its cash and proceed with its plans to overhaul the business and become a low cost carrier.
US Airways said it needed to cut costs by $1.5 billion in order to make its business to operate more like its discount rivals. The centerpiece of the cost-cutting blueprint, which it had hoped to get voluntarily, was $800 million in concessions from labor unions.
But the airline failed to get another penny from pilots, flight attendants, mechanics and other unions, who yielded nearly $2 billion to help the company out of its first bankruptcy.
"We have made the difficult but necessary decision to complete this process with the help of the court," Lakefield said. A Chapter 11 bankruptcy proceeding gives a company protection from its creditors while it reorganizes its business operations under court supervision.
The airline said its existing marketing and vendor relationships will continue. US Air said it received court permission to continue its dividend miles program.
The filing comes one day after the third anniversary of the Sept. 11, 2001 hijack attacks, which accelerated a cyclical softening of business into the industry's worst-ever financial crisis.
But US Air had been one of the most troubled of the major airlines even before the Sept. 11 terrorist attack. Its plans to be purchased by United Airlines parent UAL Corp. had been blocked by federal antitrust regulators earlier that year. That had left the airline with a difficult challenge to reshape itself and cut costs even before the attacks.
US Airways Outlines Time Frame for Possible Liquidation
By Keith L. Alexander
Washington Post Staff Writer
Monday, September 27, 2004; Page A20
US Airways faces a "high probability" of liquidation by mid-February if the temporary pay cuts it requested are not approved by the U.S. Bankruptcy Court.
It was the first time since the Arlington-based airline filed for Chapter 11 bankruptcy protection on Sept. 12 that it publicly gave a time frame for a possible liquidation. This possibility was raised in a filing Friday.
One other thing Luv, this quote is after all arguments were made to Nicolau and the determination was made by the arbitration panel.
"Our view is that neither picture is persuasive. The US Airways reliance on post-merger statements by America West's CEO, clearly made to assuage growing concerns of America West pilots who had seen a post-merger end to hiring, an increasing return of long furloughed US Airways pilots and a flattening in their own advancement, 'is misplaced. Equally so is America West's insistence that US Airways was about to disappear. Yet, it cannot be disputed that there were differences in the financial condition of both carriers
and that US Airways was the weaker. This necessarily means that career expectations differed and that US Airways pilots had more to gain from the merger than their new colleagues."
Now, in the eyes of the arbitrator, who had more to gain?
Let's get something straight for all the lurkers right now.Claxon said:
The West did not write the Nicolau award. The Nic is not a West scam.
But, the intentional forcing of separate ops, in violation of the former TA. The intentional stealling of West jobs through the SCAB union, well, those are the east SCABs....SCAM!
You were the idiots that allowed separate pay to go on, allowing a merger to take over without a JCBA. That was sweet payback from the east who now out earn and put new hires in the left seat in 10 months. Adios Nicolau Award, hello MOU
Bill Brasky
Veteran
- Joined
- May 15, 2008
- Messages
- 637
- Reaction score
- 1,060
NO, you were the guys that couldn't cash the lottery ticket, then refused to even discuss making something work. Oh, and fought pay parity for the east, even thought it wouldn't have cost you a dime. Oh, and paid ignorant lawyers MILLIONS to press a losing case. Oh, and refuse to even participate in the merger committee, even though a blind man could see that the Nic is a non-starter.nic4us said:
What a bunch of rubes. That lawyer sure earned his keep, just by finding such gullible fools to represent. Better call Saul!
snapthis
Veteran
- Joined
- Dec 23, 2009
- Messages
- 4,236
- Reaction score
- 6,907
Kinda like that idiot Nicolau?
The ALPA Arbitration Board
-------------------------------------------------------------x
In the Matter of the Seniority Integration of
The Pilots of US Airways, Inc.
and
The Pilots of America West Airlines, Inc.
-------------------------------------------------------------x
The ALPA Arbitration Board
George Nicolau, Chairman
Captain Stephen Gillen, Pilot Neutral
Captain James P. Brucia, Pilot Neutral
APPEARANCES
For the US Airways Pilots:
Katz & Ranzman, P.C.
By: Daniel M. Katz, Esq.
Jason M. Whiteman. Esq.
For the America West Pilots:
Bredhoff & Kaiser, P.L.L.C.
By: Jeffrey R. Freund, Esq.
Roger Pollack, Esq.
Lisa Powell, Esq.
OPINION
AND
AWARD
"Our view is that neither picture is persuasive. The US Airways reliance on post-merger statements by America West's CEO, clearly made to assuage growing concerns of America West pilots who had seen a post-merger end to hiring, an increasing return of long furloughed US Airways pilots and a flattening in their own advancement, 'is misplaced. Equally so is America West's insistence that US Airways was about to disappear. Yet, it cannot be disputed that there were differences in the financial condition of both carriers
and that US Airways was the weaker. This necessarily means that career expectations differed and that US Airways pilots had more to gain from the merger than their new colleagues."
Now, in the eyes of the arbitrator, who had more to gain?
- Status
Similar threads
- Locked
