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500mil More?

They fired Ms Fish, they can't be all that bad. Maybe the plan is to just get rid of the worthless employees.
 
FLY,

Last time I am going to tell you FLY, I resigned from UAL and gave up ANY recall rights to that S*$T hole. I made the decision for myself not UAL HELL. I had enough of their crap and figured out that it was a loser company after about 3 years of being employed there. And yes, from my experience UAL did have many long time worthless employees. I always found it amazing how many of them could come to work, drink coffee, bullshit for hours, and do god knows how many crossword puzzles. Then punch out and complain about what a long hard day it was working for such a SH!$Y employer
 
This additional $500M shouldn't be a big surprise. The simple fact of the matter is this: UAL is simply not bringing in the revenue it used to, and I imagine future revenue and yields will decline as the SWA's and JBLU's of the world grow even more. UAL has to bring it costs down in line with the revenue it anticipates it will bring in. That will come through job cuts (although I suspect much of the next round will come from WHQ/management), the termination/reduction of pension benefits, and probably another round of paycuts. The unions can scream, jump up and down, complain all they want, but until costs come into line with revenue, I imagine everyone will be taking another paycut, maybe an across the board estimated 10% to hit that new 500M savings plan? That's just my guess, though.

Which brings up another point. I imagine that if any of the unions decide not to co-operate, which could very well happen, it will probably lead to an eventual liquidation of UAL. So it probably won't hurt to start getting a few months' worth of living expenses (at least) into the 'ol saving account because if that were to happen, it would probably be before this up and coming summer. I wouldn't put it past any union on the property (one or two in particular come to mind) to "bring the house down" in order to teach management "a lesson." So start saving now!!!

P.S. In my opinion, I doubt UAL will put of DEN or anywhere else for that matter. I think it's pretty clear that managment sees our network as a strength and will avoid shrinking it any further.
 
Driver,

I agree with your post, but from a business standpoint if UAL had to sacrifice a hub which would you think it would be?

They owe Denver millions in lease payments that the BK judge says they have to pay. They are obviously going to totally get out of the maintenance business from the sounds of it, so why would they need that big hangar in Denver.

Don't you think that DFW was a pretty good hub for Delta? They'll lose alot of revenue there and the loss of a maintenance hangar. Nothing any different that UAL would lose in Denver. You know what the problem is; they just couldn't save face to leave Denver with their rail between their legs.

Something is going to have to give, they can't get 1.6BL now, what they say is the actual costs they'll need thru furloughs and pay cuts. So they are going to have to eventually downsize some place and they have less to lose in Denver than anywhere else. Think what would happen if they closed ORD, SFO, LAX, or Dulles. Of all UniTED’s hubs to sacrifice which could you see them running from?
 
Fly said:
They fired Ms Fish, they can't be all that bad. Maybe the plan is to just get rid of the worthless employees.
[post="181452"][/post]​
Click to expand...


Fly,

I heard that Fish was fired also. Or perhaps was forced to resign. Usually, in order to preserve an emplyee's future job prospects, someone targeted for termination is given the choice to quit or be fired. It looks better on a resume to leave voluntarily. :unsure:

767jetz
 
Is it just the camera or has Tilton put on about 50 pounds since coming to United?

Anyway, read an article yesterday saying that United has 120 employees per aircraft. That sounds about right if we have say, 500 airplanes? So doing the math that looks like 12 mechanics per aircraft (6000/500) and that's counting cleaners and fuelers.

That leaves 108 more. I know we've got pilots, F/A's, gate agents and rampers but it seems like that number is padded with something. Who are they and what do they do?
 
JET/FLY,

You two don't even know me! Better not start getting slanderous here, or I'll seek self-help with the moderator :up: . No one in the UAL maintenance department could EVER get fired believe ME. But it was such a screwed up organization, that I wasn’t the only one that quit and grabbed what ESOP I could. The ones that held on or are holding on to the dream will face more emotional and financial difficulties than the smart ones that have already left.

You could offer me a $100 bucks an hour and I’d NEVER work for that defunct two-bit airline EVER again. But then again, won’t be long till they’ll be in the old death spiral just like USAIR.
 
Driver,
You are correct and honest in the appraisal. The problem is that UAL’s revenues have fallen faster than its expenses since it has been in bankruptcy. Talk of grounding a number of aircraft will only exacerbate the problem since an RJ replacement cannot possibly carry as much revenue. Further, Indy has yet to announce their schedule to the west coast from IAD and it is bound to hurt UAL. They may wait until next spring and focus on Florida for the winter but they could start picking off the west coast as soon as this winter. Further, most IAD fares are higher than from JFK to comparable cities which gives you an idea of where they will be going.

Fish,
Despite your fixation with DEN, I don’t think UA will dismantle it as a hub anytime soon. First, even though UA will probably have to pay back rent and current rent charges are high relative to other airports, including ORD, it will take a while for all of the legal steps to run out before UAL has to actually write the check. Second, ORD is constrained right now so there is no way UA could shift the traffic they carry through DEN to ORD – and there aren’t any other alternative hubs to which UA could shift the DEN traffic. Third, UA’s situation in DEN is quite a bit different than DL’s at DFW: UA is the dominant airline at DEN; DL has never been at DFW; DFW was really duplicating many of the O&Ds that could be carried over both ATL and SLC; it made long-term sense to get rid of a duplicate hub. Fourth, while it hasn’t fully played out, DL may have delivered a body blow to AA and diverted LCC growth in DL’s other hubs by pulling down DFW since it opens up a large competitor’s hub to LCC growth. As I’ve said before, AA and DL are likely to be the two mega-carriers going forward; this move helps DL regain its footing relative to AA since there are relatively few other places where LCCs can grow in DL’s network vs considerable vulnerability at AA (DFW and the Caribbean plus more transcon where DL is a relatively small player).

For the sake of the employees at UAL, I wish that United management would learn from airline history and realize you can’t shrink an airline to profitability and you can’t expect employees to support the company if you pound away at their pay and incentive to see the airline survive (pension). Unfortunately, UA is heading down the same path US is on….
 
The GOOD news...UAL is NOT asking for $500million in additional concessions from the employees.


The BAD news...They are going to ask for $655 million in additional concessions. I cut the following from a longer article.


"United Airlines must face down pressure from labor interests to meets its goal of cutting costs by $655 million, Tilton told aviation industrialists." :shock:

Now, don't you feel better already?
 
You got to be kidding me JIM! When will enough EVER be enough for those CLOWNS running that circus? Boy, news just doesn't get any better does it? :down:
 
jimntx said:
The GOOD news...UAL is NOT asking for $500million in additional concessions from the employees.
The BAD news...They are going to ask for $655 million in additional concessions. I cut the following from a longer article.
"United Airlines must face down pressure from labor interests to meets its goal of cutting costs by $655 million, Tilton told aviation industrialists." :shock:

Now, don't you feel better already?
[post="181645"][/post]​
Click to expand...

And what is really sweet, the $500 MIL and $655 MIL is outside of the pension grab!!!

What's that? $1.75 Billion?

You know, a million here and a million there eventually adds up to real money..........

😛 UT
 
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