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CactusPilot1 said:
Be happy that you've gone from an Airway to an actual legacy airline thanks to Dug.

I think that means you should be extra extra happy from where you came from, right, your lottery ticket baby!
 
luvthe9 said:
I think that means you should be extra extra happy from where you came from, right, your lottery ticket baby!
By all means, use that lottery ticket argument to impress the panel after Nicolau makes his appearance.
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
 
 
 
 
 On September 26, 2007, as part of the integration efforts following the merger of US Airways Group and America West Holdings Corporation (“America West Holdings”) in September 2005, America West Airlines, Inc. (“AWA”) surrendered its Federal Aviation Administration (“FAA”) operating certificate. As a result, all mainline airline operations are now being conducted under US Airways’ FAA operating certificate. In connection with the combination of all mainline airline operations under one FAA operating certificate, US Airways Group contributed one hundred percent of its equity interest in America West Holdings to US Airways. As a result, America West Holdings and its wholly owned subsidiary AWA are now wholly owned subsidiaries of US Airways. In addition, AWA transferred substantially all of its assets and liabilities to US Airways. All off-balance sheet commitments of AWA were also transferred to US Airways. This transaction constituted a transfer of assets between entities under common control and was accounted for at historical cost.
 
 
 
 
 
 
 
 
WE saved you from "Project Zanzibar"
 
 
 
 

2005 Outlook
     We continue to face considerable challenges in 2005, including competing with legacy carriers that, through a variety of restructuring mechanisms, have reduced labor wages, extended debt maturities and lowered their overall cost per available seat mile. These actions could cause AWA’s cost advantage to diminish.



 




 




In spite of our diligent work to contain our costs, we believe revenues will continue to reflect the excess capacity that exists across the domestic system and fuel prices will remain at, or exceed, record highs. Given these conditions, we anticipate significant losses for full year 2005.




 




 




[SIZE=18pt]America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270http://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270[/SIZE][SIZE=18pt], et al. · 10-K · For 12/31/06[/SIZE]







 


AWA’s Results of Operations
 ​
In 2006, AWA realized operating losses of $35 million and a loss before income taxes and cumulative effect of change in accounting principle of $33 million.
 ​
In 2005, AWA realized operating losses of $120 million and a loss before income taxes and cumulative effect of change in accounting principle of $195 million.
 ​
In 2004, AWA realized operating losses of $16 million and a loss before income taxes and cumulative effect of change in accounting principle of $85 million.
 ​
America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270http://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270, et al. · 10-K · For 12/31/06 Filed On 2/27/07http://www.secinfo.com/$/SEC/Filings.asp?On=20070228 9:54pm ET   ·   SEC Files 0-12337http://www.secinfo.com/$/SEC/File.asp?Number=000-12337, 1-08442http://www.secinfo.com/$/SEC/File.asp?Number=001-08442, 1-08444http://www.secinfo.com/$/SEC/File.asp?Number=001-08444   ·   Accession Number 950153-7-433


 




[SIZE=10pt]Subject:[/SIZE][SIZE=10pt] Fw: PlaneDeal061005_Without the merger, America West.....with fuel prices high and industry capacity in excess, we (like most of our industry) could also face bankruptcy if those fundamentals don’t change.[/SIZE]




 


 


 


 


Q: Why not let US Airways just tank and go belly up? That way there is no bothering with seniority integration or bickering about the way that their employees are being paid more to do the same jobs than we are.
A: The proposed merger is about making our company stronger and bringing in the kinds of assets - gates, slots, and aircraft that allow us to grow our network instantly. Yes, a merger comes with tremendous challenges, including the task of integrating seniority lists. But, we believe that this merger is in the best interests of employees, shareholders and travelers. Without the merger, America West will continue as it has; however, we have to consider the long-term viability of our company and, with fuel prices high and industry capacity in excess, we (like most of our industry) could also face bankruptcy if those fundamentals don’t change.


 


----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


America West Airlines Inc et al Financial Data and Statements found in the 10 K For 12 31 04 and 10 Q For 06 30 05
 
America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270, et al. · 10-K · For 12/31/04 Filed On 3/14/05 9:54pm ET   ·   SEC Files 0-12337, 1-12649   ·   Accession Number 950153-5-517

 


 


  • Excerpted from Page 12 of America West Airlines Inc. 10-K For 12/31/04
Risk Factors Relating to the Company and Industry Related Risks
     We caution the reader that these risk factors may not be exhaustive. We operate in a continually changing business environment and new risk factors emerge from time to time. Management cannot predict such new risk factors, nor can it assess the impact, if any, of such new risk factors on our business or the extent to which any factor or combination of factors may impact our business.
     We have sustained, and may continue to sustain significant operating losses.
     For the year ended December 31, 2004, we incurred an operating loss of $43.8 million. In addition, we incurred operating losses for the years ended December 31, 2001 and 2002 resulting primarily from the decrease in revenue and passenger demand and the increase in operating costs after the terrorist attacks of September 11, 2001. Recently, the operating losses resulted primarily from a substantial increase in the cost of jet fuel and excess domestic industry capacity resulting in lower revenue per available seat mile. We expect the threat of further terrorist attacks and continued instability in oil producing regions to continue to negatively impact our revenues and costs in the near-term. We may not be able to effectively counteract increasing costs through our cost reduction initiatives, customer service initiatives and revised pricing structures. Moreover, our liquidity and borrowing options are limited and we may not be able to survive a prolonged economic downturn, decreases in demand for air travel or further increases in jet fuel costs. The inability to sustain profitability may impair our ability to satisfy our obligations as they become due, obtain future equity or debt financing, respond to competitive developments and otherwise sustain or expand our business.
 
 
 
 
[SIZE=12pt]Andrew Nocella: “When you take that and combine it with high fuel prices, Las Vegas has become extremely unprofitable for US Airways and would remain unprofitable indefinitely at its current size... / “US Airways dropped those flights because they couldn’t make any money on them,” said aviation consultant Mike Boyd of Evergreen, Colo.-based Boyd Group International. “I don’t see it as a deathblow (for Las Vegas).[/SIZE] But the days of America West are over.  
 
 
 
 
 
 
Project Zanzibar
 At the May 9 session of the Joint Negotiating Committee, Scott Kirby, President of the Company, revealed to the assembled representatives of both pilot groups and ALPA National that he had headed a project code-named “Project Zanzibar” for AW in 2005 and that the legal papers for a Chapter 11 filing had been prepared and a plan developed for AW’s bankruptcy in the event that the merger failed to come to fruition. Project Zanzibar was AW’s only Plan B. It is now beyond dispute that the junior AW pilot, Dave Odell, and 300-400 other AW F/Os hired in 2002-05 would have been furloughed absent the US merger, as AW went into Chapter 11, perhaps never to emerge. In light of this new disclosure from the carrier’s President, there is clearly no support for the explicit premise of the Nicolau Award that these AW pilots had more job security and better promotional prospects than US pilots hired in 1988, including hundreds who had never been furloughed for a single day.

  

 
 









Bottom line you need to remember who saved DAVE............ The EAST.  Now run along and just be thankful of your lottery ticket.
 
CactusPilot1 said:
By all means, use that lottery ticket argument to impress the panel after Nicolau makes his appearance.
:lol:  :lol:  :lol: your killing me Gus!!!!!
 
Arbitrators panel to west merger committee.............



Is it true that you were offered the NIC many years ago?...........aaaaaaaahhhhhhhh wwwwweeelllllll.....aaaaahhhh......



"Yes, the East offered the NIC. They just wanted to protect their retirement attrition, which stalled by the change in Age-60. Looking back, that offer must look like a home run to any West pilot right now, but last February the EAST MEC and ALPA couldnt get to first base with it.

Our former MEC and our union leadership played a very high stakes game of poker by not dealing at Wye River. Freund was right, we were risking everything..and right now, it looks like we lost. They need to take responsibility for that."
 
luvthe9 said:
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 10-Q
 
 
 
 
 On September 26, 2007, as part of the integration efforts following the merger of US Airways Group and America West Holdings Corporation (“America West Holdings”) in September 2005, America West Airlines, Inc. (“AWA”) surrendered its Federal Aviation Administration (“FAA”) operating certificate. As a result, all mainline airline operations are now being conducted under US Airways’ FAA operating certificate. In connection with the combination of all mainline airline operations under one FAA operating certificate, US Airways Group contributed one hundred percent of its equity interest in America West Holdings to US Airways. As a result, America West Holdings and its wholly owned subsidiary AWA are now wholly owned subsidiaries of US Airways. In addition, AWA transferred substantially all of its assets and liabilities to US Airways. All off-balance sheet commitments of AWA were also transferred to US Airways. This transaction constituted a transfer of assets between entities under common control and was accounted for at historical cost.
 
 
 
 
 
 
 
 
WE saved you from "Project Zanzibar"
 
 
 
 

2005 Outlook
     We continue to face considerable challenges in 2005, including competing with legacy carriers that, through a variety of restructuring mechanisms, have reduced labor wages, extended debt maturities and lowered their overall cost per available seat mile. These actions could cause AWA’s cost advantage to diminish.



 




 




In spite of our diligent work to contain our costs, we believe revenues will continue to reflect the excess capacity that exists across the domestic system and fuel prices will remain at, or exceed, record highs. Given these conditions, we anticipate significant losses for full year 2005.




 




 




[SIZE=18pt]America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270http://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270[/SIZE][SIZE=18pt], et al. · 10-K · For 12/31/06[/SIZE]







 


AWA’s Results of Operations
 ​
In 2006, AWA realized operating losses of $35 million and a loss before income taxes and cumulative effect of change in accounting principle of $33 million.
 ​
In 2005, AWA realized operating losses of $120 million and a loss before income taxes and cumulative effect of change in accounting principle of $195 million.
 ​
In 2004, AWA realized operating losses of $16 million and a loss before income taxes and cumulative effect of change in accounting principle of $85 million.
 ​
America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270http://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270, et al. · 10-K · For 12/31/06 Filed On 2/27/07http://www.secinfo.com/$/SEC/Filings.asp?On=20070228 9:54pm ET   ·   SEC Files 0-12337http://www.secinfo.com/$/SEC/File.asp?Number=000-12337, 1-08442http://www.secinfo.com/$/SEC/File.asp?Number=001-08442, 1-08444http://www.secinfo.com/$/SEC/File.asp?Number=001-08444   ·   Accession Number 950153-7-433


 




[SIZE=10pt]Subject:[/SIZE][SIZE=10pt] Fw: PlaneDeal061005_Without the merger, America West.....with fuel prices high and industry capacity in excess, we (like most of our industry) could also face bankruptcy if those fundamentals don’t change.[/SIZE]




 


 


 


 


Q: Why not let US Airways just tank and go belly up? That way there is no bothering with seniority integration or bickering about the way that their employees are being paid more to do the same jobs than we are.
A: The proposed merger is about making our company stronger and bringing in the kinds of assets - gates, slots, and aircraft that allow us to grow our network instantly. Yes, a merger comes with tremendous challenges, including the task of integrating seniority lists. But, we believe that this merger is in the best interests of employees, shareholders and travelers. Without the merger, America West will continue as it has; however, we have to consider the long-term viability of our company and, with fuel prices high and industry capacity in excess, we (like most of our industry) could also face bankruptcy if those fundamentals don’t change.


 


----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------


America West Airlines Inc et al Financial Data and Statements found in the 10 K For 12 31 04 and 10 Q For 06 30 05
 
America West Airlines Inchttp://www.secinfo.com/$/SEC/Registrant.asp?CIK=706270, et al. · 10-K · For 12/31/04 Filed On 3/14/05 9:54pm ET   ·   SEC Files 0-12337, 1-12649   ·   Accession Number 950153-5-517

 


 


  • Excerpted from Page 12 of America West Airlines Inc. 10-K For 12/31/04
Risk Factors Relating to the Company and Industry Related Risks
     We caution the reader that these risk factors may not be exhaustive. We operate in a continually changing business environment and new risk factors emerge from time to time. Management cannot predict such new risk factors, nor can it assess the impact, if any, of such new risk factors on our business or the extent to which any factor or combination of factors may impact our business.
     We have sustained, and may continue to sustain significant operating losses.
     For the year ended December 31, 2004, we incurred an operating loss of $43.8 million. In addition, we incurred operating losses for the years ended December 31, 2001 and 2002 resulting primarily from the decrease in revenue and passenger demand and the increase in operating costs after the terrorist attacks of September 11, 2001. Recently, the operating losses resulted primarily from a substantial increase in the cost of jet fuel and excess domestic industry capacity resulting in lower revenue per available seat mile. We expect the threat of further terrorist attacks and continued instability in oil producing regions to continue to negatively impact our revenues and costs in the near-term. We may not be able to effectively counteract increasing costs through our cost reduction initiatives, customer service initiatives and revised pricing structures. Moreover, our liquidity and borrowing options are limited and we may not be able to survive a prolonged economic downturn, decreases in demand for air travel or further increases in jet fuel costs. The inability to sustain profitability may impair our ability to satisfy our obligations as they become due, obtain future equity or debt financing, respond to competitive developments and otherwise sustain or expand our business.
 
 
 
 
[SIZE=12pt]Andrew Nocella: “When you take that and combine it with high fuel prices, Las Vegas has become extremely unprofitable for US Airways and would remain unprofitable indefinitely at its current size... / “US Airways dropped those flights because they couldn’t make any money on them,” said aviation consultant Mike Boyd of Evergreen, Colo.-based Boyd Group International. “I don’t see it as a deathblow (for Las Vegas).[/SIZE] But the days of America West are over.  
 
 
 
 
 
 
Project Zanzibar
 At the May 9 session of the Joint Negotiating Committee, Scott Kirby, President of the Company, revealed to the assembled representatives of both pilot groups and ALPA National that he had headed a project code-named “Project Zanzibar” for AW in 2005 and that the legal papers for a Chapter 11 filing had been prepared and a plan developed for AW’s bankruptcy in the event that the merger failed to come to fruition. Project Zanzibar was AW’s only Plan B. It is now beyond dispute that the junior AW pilot, Dave Odell, and 300-400 other AW F/Os hired in 2002-05 would have been furloughed absent the US merger, as AW went into Chapter 11, perhaps never to emerge. In light of this new disclosure from the carrier’s President, there is clearly no support for the explicit premise of the Nicolau Award that these AW pilots had more job security and better promotional prospects than US pilots hired in 1988, including hundreds who had never been furloughed for a single day.

  

 
 









Bottom line you need to remember who saved DAVE............ The EAST.  Now run along and just be thankful of your lottery ticket.
 
 
As usual, you get the cart before the horse. Which came first 2005 or 2007? It doesn't take a rocket scientist to understand that 2 years after the acquisition that Airways was doing much better. As a part of the restructuring US Airways assets were acquired by America West, the new US Airways group was created as a result.
 
US Airways was acquired by America West Holdings in September as part of its strategy to emerge from more than two years of Chapter 11 bankruptcy protection. The combined company retained the US Airways name.
 
On 12 September 2004 the airline (US Airways) again declared itself bankrupt, 18 months after emerging from a Chapter 11 restructuring. On 27 September 2005 US Airways and America West Airlines announced the completion of their merger, whereby America West acquired the assets of US Airways. The newly created US Airways Group retained ownership of America West Airlines through America West Holdings Corporation. The two airlines maintained separate operating certificates until 27 September 2007, when the FAA granted the new, Phoenix-based US Airways a single AOC.
 
Examples
In all of these cases sans US Airways and America West Airlines, shareholders of the acquiree controlled the resulting entity.

  • ValuJet Airlines was acquired by AirWays Corp. to form AirTran Holdings, with the goal of shedding the tarnished reputation of the former.
  • Aérospatiale was acquired by Matra to form Aérospatiale-Matra, with the goal of taking the former, a state-owned company, public.
  • US Airways was acquired by America West Airlines, with the goal of removing the former from Chapter 11 bankruptcy.
  • The New York Stock Exchange was acquired by Archipelago Holdings to form NYSE Group, with the goal of taking the former, a mutual company, public.
  • ABC Radio is to be acquired by Citadel Broadcasting Corporation, with the goal of spinning the former off from its parent, Disney.
 
Your were saved by the east plain and simple. Now you will continue to waste away in the desert while the east and AA continue to grow.


You kids made your bed, lie in it.


"Our former MEC and our union leadership played a very high stakes game of poker by not dealing at Wye River. Freund was right, we were risking everything…..and right now, it looks like we lost. They need to take responsibility for that."
 
In all seriousness is there anybody at all that really does not understand the NIC has been gone for many years, your own legal team has told you, your employer has told you. All of you need to get over it.



Please tell us your going to bring more to the table than whine about the NIC.



This is going to be fun to watch!
 
CAVOK said:
 
 
How were these guys selected?
 
That is the question that every west pilot should be asking.  It's certainly yet another lawsuit in the making.  Why was the arbitration panel not tasked with deciding not only IF the west pilots had the right to a separate seat at the SLI table, but also HOW that seat would be filled.  
 
APA screwed that one up, and it will bite them in the a**.
 
Claxon said:
Integrity Matters.........




Q: Why not let US Airways just tank and go belly up? That way there is no bothering with seniority integration or bickering about the way that their employees are being paid more to do the same jobs than we are.

A: The proposed merger is about making our company stronger and bringing in the kinds of assets - gates, slots, and aircraft that allow us to grow our network instantly. Yes, a merger comes with tremendous challenges, including the task of integrating seniority lists. But, we believe that this merger is in the best interests of employees, shareholders and travelers. Without the merger, America West will continue as it has; however, we have to consider the long-term viability of our company and, with fuel prices high and industry capacity in excess, we (like most of our industry) could also face bankruptcy if those fundamentals don’t change.
 
 
Had the merger not taken place, as Parker said on many occasions AWA would have declared bankruptcy and there would have been a 15% downsizing.
 
That being said, AWA would have been defenseless against the continuing onslaught of blood-thirsty Southwest.  Smelling that blood in the water, Southwest would have pushed AWA out of LAS much quicker than they did (even after the merger) and would have had PHX for lunch, spit out the bones of AWA, ground them to dust and scattered them in the desert.  Only the combined route structure of east and west was finally able to keep Southwest at bay, and eventually be able to successfully push them back.
 
nycbusdriver said:
Had the merger not taken place, as Parker said on many occasions AWA would have declared bankruptcy and there would have been a 15% downsizing.
 
That being said, AWA would have been defenseless against the continuing onslaught of blood-thirsty Southwest.  Smelling that blood in the water, Southwest would have pushed AWA out of LAS much quicker than they did (even after the merger) and would have had PHX for lunch, spit out the bones of AWA, ground them to dust and scattered them in the desert.  Only the combined route structure of east and west was finally able to keep Southwest at bay, and eventually be able to successfully push them back.

Sure sounds like we saved them to me.
 
snapthis said:
 
 
 
As usual, you get the cart before the horse. Which came first 2005 or 2007? It doesn't take a rocket scientist to understand that 2 years after the acquisition that Airways was doing much better. As a part of the restructuring US Airways assets were acquired by America West, the new US Airways group was created as a result.
 
US Airways was acquired by America West Holdings in September as part of its strategy to emerge from more than two years of Chapter 11 bankruptcy protection. The combined company retained the US Airways name.
 
On 12 September 2004 the airline (US Airways) again declared itself bankrupt, 18 months after emerging from a Chapter 11 restructuring. On 27 September 2005 US Airways and America West Airlines announced the completion of their merger, whereby America West acquired the assets of US Airways. The newly created US Airways Group retained ownership of America West Airlines through America West Holdings Corporation. The two airlines maintained separate operating certificates until 27 September 2007, when the FAA granted the new, Phoenix-based US Airways a single AOC.
 
Examples
In all of these cases sans US Airways and America West Airlines, shareholders of the acquiree controlled the resulting entity.

  • ValuJet Airlines was acquired by AirWays Corp. to form AirTran Holdings, with the goal of shedding the tarnished reputation of the former.
  • Aérospatiale was acquired by Matra to form Aérospatiale-Matra, with the goal of taking the former, a state-owned company, public.
  • US Airways was acquired by America West Airlines, with the goal of removing the former from Chapter 11 bankruptcy.
  • The New York Stock Exchange was acquired by Archipelago Holdings to form NYSE Group, with the goal of taking the former, a mutual company, public.
  • ABC Radio is to be acquired by Citadel Broadcasting Corporation, with the goal of spinning the former off from its parent, Disney.

 
9....forget it.  Parker and the 10K's explained it they just can't process it.  Let them believe whatever makes them feel justified.
 
end_of_alpa said:
9....forget it.  Parker and the 10K's explained it they just can't process it.  Let them believe whatever makes them feel justified.

They are a very gullible group of kids, Marty Luvs them however.
 
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