This should be good for some forum discussion.....
Sent: Saturday, September 01, 2007 4:48 PM
Subject: Airline Forecast
Hi-
I was down in the crew lounge in Kuwait, chatting it up with this pilot. He owns www.airlineforecasts.com.
While chatting about airline stuff and opening a private business on the side was interesting to talk about ,
another pilot walked into the lounge and we went into details on United Airlines. He told us
that United is planning to spin off mileage plus program to make 7million off it
2. divest into selling off parts of United such as international routes to another carrier and domestic flying.
3. Merge with another carrier and the only carrier that is going to happen is CO. Once NW and Delta
merge together. Captain Cordle says Delta is not a good merge for us. United will have to make some quick
decisions on the fate of ual by this fall. United can't afford to give any huge raises at this time or
it will put the carrier back into bankruptcy. Any pilot who thinks they will get 40% raise in 2010
is dead wrong because it will only put ual into bankruptcy again. The lowest UAL can do to stay
out of bankruptcy is 15% no more or less than 18%. This captain, Vaughn Cordle, is chief analyst
for airline forecasts 5years down the road has already approached Tilton and said that
A . he needs to offer an early out to get rid of the top pilots and flight attendants and rampers
to save bundles of money inorder to survive. This way the junior pilot can do the same job at 50k less than the senior pilot. Same with flight attendants getting rid of old ones and bring in new and junior ones to fly the international routes at cheapier rates to help not to sell off UAL. Just like Southwest is doing now to cut cost. UAL has about 3million in capital sitting and paying interest on this money because we borrowed too much money when united came out of bankruptcy. He told Tilton that 1million of it should be spent on early out for employeesto save money for the company. Tilton has to keep the stock above 37 share or he will loose his job
and the only way to do this he needs to make decisions quick and the answers will be coming out I think he said by mid fall. We can't buy any aircraft now or the stock will drop. Many different ways that the company is looking at now. If we do merge, it won't United buying CO, it will CO buying United and the name might be replaced and all United managment will not have jobs. Upper management.
Anyways this is what Vaughn Cordle, the captain told us. He owns the business and American and Northwest have hired his company to look into books also. He can't do United because of conflict of interest being a pilot for UAL. The man sure does know his stuff. So we better plan out next future in the next 3-4 years down the road if we will have a jobs. Because if a spin happens before
a merge happens this means many of us won't have jobs if no early comes or merge doesnt happen. Even with Merge 12% work force be let go. Northwest and Delta will have to do the merge first to get Northwest off CO board so CO can merge without Northwest saying so. Many believe with Anderson now CEO of Delta as of Sept 2007, is the reason why Delta and Northwest stock keeps jumping this week because streets thinks this is what will happen. If UAL does merge with CO this will be a quick fix and bring profits of 3 million a year on the table and starve off any divesting of the company. As you see it now, United is already spinning off SFO division to help offset this course fuel and all. We already see it happening now and its the first of the divesting he said. I hope I didn't burst anyones day. I think we all have to plan our cards in the yet direction. I just wanted to share with you guys what this pilot said. You can check him out at
www.airlineforecasts.com
Interesting guy and he knows his #### and i don't think he is talking ####. He works outiside of United for golden sachs and wall street stuff. He is a consultant besides being a captain for ual 777. This is his business on the side.
You are welcome to share my article with your flying partners.
Sent: Saturday, September 01, 2007 4:48 PM
Subject: Airline Forecast
Hi-
I was down in the crew lounge in Kuwait, chatting it up with this pilot. He owns www.airlineforecasts.com.
While chatting about airline stuff and opening a private business on the side was interesting to talk about ,
another pilot walked into the lounge and we went into details on United Airlines. He told us
that United is planning to spin off mileage plus program to make 7million off it
2. divest into selling off parts of United such as international routes to another carrier and domestic flying.
3. Merge with another carrier and the only carrier that is going to happen is CO. Once NW and Delta
merge together. Captain Cordle says Delta is not a good merge for us. United will have to make some quick
decisions on the fate of ual by this fall. United can't afford to give any huge raises at this time or
it will put the carrier back into bankruptcy. Any pilot who thinks they will get 40% raise in 2010
is dead wrong because it will only put ual into bankruptcy again. The lowest UAL can do to stay
out of bankruptcy is 15% no more or less than 18%. This captain, Vaughn Cordle, is chief analyst
for airline forecasts 5years down the road has already approached Tilton and said that
A . he needs to offer an early out to get rid of the top pilots and flight attendants and rampers
to save bundles of money inorder to survive. This way the junior pilot can do the same job at 50k less than the senior pilot. Same with flight attendants getting rid of old ones and bring in new and junior ones to fly the international routes at cheapier rates to help not to sell off UAL. Just like Southwest is doing now to cut cost. UAL has about 3million in capital sitting and paying interest on this money because we borrowed too much money when united came out of bankruptcy. He told Tilton that 1million of it should be spent on early out for employeesto save money for the company. Tilton has to keep the stock above 37 share or he will loose his job
and the only way to do this he needs to make decisions quick and the answers will be coming out I think he said by mid fall. We can't buy any aircraft now or the stock will drop. Many different ways that the company is looking at now. If we do merge, it won't United buying CO, it will CO buying United and the name might be replaced and all United managment will not have jobs. Upper management.
Anyways this is what Vaughn Cordle, the captain told us. He owns the business and American and Northwest have hired his company to look into books also. He can't do United because of conflict of interest being a pilot for UAL. The man sure does know his stuff. So we better plan out next future in the next 3-4 years down the road if we will have a jobs. Because if a spin happens before
a merge happens this means many of us won't have jobs if no early comes or merge doesnt happen. Even with Merge 12% work force be let go. Northwest and Delta will have to do the merge first to get Northwest off CO board so CO can merge without Northwest saying so. Many believe with Anderson now CEO of Delta as of Sept 2007, is the reason why Delta and Northwest stock keeps jumping this week because streets thinks this is what will happen. If UAL does merge with CO this will be a quick fix and bring profits of 3 million a year on the table and starve off any divesting of the company. As you see it now, United is already spinning off SFO division to help offset this course fuel and all. We already see it happening now and its the first of the divesting he said. I hope I didn't burst anyones day. I think we all have to plan our cards in the yet direction. I just wanted to share with you guys what this pilot said. You can check him out at
www.airlineforecasts.com
Interesting guy and he knows his #### and i don't think he is talking ####. He works outiside of United for golden sachs and wall street stuff. He is a consultant besides being a captain for ual 777. This is his business on the side.
You are welcome to share my article with your flying partners.