Bankruptcy no 3?

[X-U]

More likely, someone has thought up a new way to screw FFs and/or employees.

 

[hp_fa]

Unless it is a merger, sale, divestiture or other transaction, I don't see any way there is a big announcement coming with a set date a month away. Now in that regards, has anyone noticed how quiet it is, just like a SEC quiet period perhaps?

 

[Singleflyer]

Maybe it the results of the newest marketing study.

The 'study' where they found the customers would rather bring their own handy wipes to clean the plane than to pay a $25.00 cleaning surcharge.

And with this change of operation the company can save 87 million by getting rid of the people that should be cleaning the planes in first place.

 

[Edward]

Worst Airline Ever! Fuel prices topping over a $100 a barrel? Are we headed to BK numero 3??

This is the topic. Lets get back to it & not be starting rumors.

 

[autofixer]

Unless it is a merger, sale, divestiture or other transaction, I don't see any way there is a big announcement coming with a set date a month away. Now in that regards, has anyone noticed how quiet it is, just like a SEC quiet period perhaps?

Maybe Tempe is just holding their breath, hoping that oil goes back down to <$70 per barrel. Fox Business just did a segment on airlines...it's all bad. The "experts" indicated no major airline BKs this year, as airlines have large "rainy day" funds, but look for many BKs next year if oil stays above $90 or so.

 

[luvthe9]

Us Westies are hearing of a "BIG" annoucement at the end of April? Doug Parker, the new CEO of United?? Splits US in pieces?? I know sounds farce, but who knows?? :unsure:

Lets hope this is true no one on the east wants the west, were tired of subsidizing them. I don't understand why the west does not want out of this merger also.

 

[YVINTERN]

Lets hope this is true no one on the east wants the west, were tired of subsidizing them. I don't understand why the west does not want out of this merger also.

Lets just put it this way in the last seven days...make that nine to be fair I have been on 13 flights around the US Airways system...6 East and 4 West with 3 USX flights and personally I would say that the East is burning cash while the West is being very stingy...

 

[Black Magic]

Lets hope this is true no one on the east wants the west, were tired of subsidizing them. I don't understand why the west does not want out of this merger also.

Yes the old US east was just bolstering with profits galore and no bankruptcies until it merged with AWA. Suddenly after the merger US Airways has the 2nd best balance sheet in the airline industry. Ya lets just throw it all away! Makes sense to me :blink:

 

[cltrat]

Lets just put it this way in the last seven days...make that nine to be fair I have been on 13 flights around the US Airways system...6 East and 4 West with 3 USX flights and personally I would say that the East is burning cash while the West is being very stingy...

and you base this on what fact?

 

[SolidCactus]

I don't see any airlines filing bankruptcy this year. They all seem to be doing the right things, including US Airways (could be better). Honestly, if the management isn't totally asleep at the wheel (and it probably isnt even though everyone thinks it is), profitability is all one big equation of cost of goods, labor, supply and demand, etc. All of the airlines are creating demand by cutting flights back. This should cause the prices to increase (and it is). As long as the oil prices stabilize and give the airlines a chance to catch up, they'll get through it.

The main thing US is doing wrong (in my opinion) is not focusing enough on fixing the labor relations and the culture between management and employees. Disgruntled employees will almost always make a company fail. If people don't work together for a common goal, everything falls apart from the inside out.

 

[700UW]

What do you call what Aloha Airlines did last week?

They filed Chapter 11.

 

[phlus2]

One can only hope that this joke goes bankrupt and is liquidated. It is frightening to think that this company would be one of the ones to survive and "set the standard" for air travel in the US going forward.

No offense - but it would be a happy day if this sorry state of affairs was liquidated - premium wine and all - and none too soon!

 

[SolidCactus]

What do you call what Aloha Airlines did last week?

They filed Chapter 11.

you're right, but I don't really think of them as a normal carrier, i mean, i know they are, but they have a completely different demographic... it would be the equivalent of an airline that had 90% of its routes going back and forth to JFK, FLL and TPA.

 

[hulagirl]

One can only hope that this joke goes bankrupt and is liquidated. It is frightening to think that this company would be one of the ones to survive and "set the standard" for air travel in the US going forward.

No offense - but it would be a happy day if this sorry state of affairs was liquidated - premium wine and all - and none too soon!

That comment is pretty sick. 30,000 people out of work? Get a check-up, pal.
There isn't a carrier out there that is immune to what is crawling up the pants of this industry right now. Aloha is only the first...

 

[cltrat]

One can only hope that this joke goes bankrupt and is liquidated. It is frightening to think that this company would be one of the ones to survive and "set the standard" for air travel in the US going forward.

No offense - but it would be a happy day if this sorry state of affairs was liquidated - premium wine and all - and none too soon!

that may not be the dumbest thing ever posted here but it has to be close :angry: