BIG ANNOUNCEMENTS COMING

[wings396]

CAL is not in Star yet and won't likely be until late 2009. The UAL/CAL merger didn't happen because CAL is strong by themselves. UAL and US, however, would achieve a strong global route network, also with a strong global alliance. So, a US/UA UCT it's not out of the realm of possibility.....

You are correct, and times are much worse now than they were when CO rebuffed a merger with UA. We all know that Parker isn't goint to rest until he gets involved in another merger of some sort.

 

[wings396]

Richmond??? They don't even have a Mainline ramp, and Mtc. has been gone for a long time...

Sir or madam,

you have no credibility,

Richmond still has mainline MTC.

maybe you should quit talking like you know something.

Bus Driver

Well, if they do I don't know how they pulled that off. What do they have down there 4-5 flights a day, and the company kept Mtc? There were lots of bigger stations that lost Mtc. years ago.
And by the way, how much credibilty do you have Mr. Bus?

 

[ebwgs]

"UAL/CAL is just a matter of time. If US mergers with anyone, it would likely be AA and that is only if they are interested."

You may or may not be right. Who knows? But unless you work in the corporate suite of any of the aforementioned airlines you really don't know what you're talking about. These posts that are posited in absolutes with no real basis in fact get to be really nauseating. There is no poster on these boards, unless they work in the corporate suites of the relevant carriers, who was consulted when US and HP, DL and NW et al initiated their merger talks.

Opinion, speculation and pontification are all a part of normal healthy human discourse. But to put forward these notions as gospel comes off as a tad bit haughty to me.

 

[FWAAA]

A merger is needed for economies of scale (or the current theme for this week "companies that are too large to fail"), and to compete with the now 'world's largest airline', the Deltoids. US needs a large international presence, and UAL needs to avoid another bankruptcy. US has some cash, UAL is running low.
US needs a name change, and UAL needs the Northeast feed and Carribean. Lastly, US needs a labor integration once and for all, and UAL has the stapler.

About that bolded portion: you've got it backwards. US' unrestricted cash has fallen dramatically and US was very close to defaulting on its debt recently until it paid off a portion of it in connection with the refinancing/liquidity enhancements. BoeingBoy confirmed it recently. UAL has substantially more cash than US, so if anyone needs a lifeline, it's US.

 

[BoeingBoy]

Not to mention that US is getting in the habit of borrowing $10 to increase useful liquidity - "cash" above that required by the loans - by $8.

In all these latest borrowings, US borrowed $950 million. But that "cash" cushion above that required by not just the Citi loan, but also by several of the new loans, only went up $745 million - the "cash" requirement dropped by $375 million and another $370 million was all that remained after paying $400 million of the Citi loan plus fees/charges from getting the loans.

Jim

 

[Pi brat]

Well, if they do I don't know how they pulled that off. What do they have down there 4-5 flights a day, and the company kept Mtc? There were lots of bigger stations that lost Mtc. years ago.
And by the way, how much credibilty do you have Mr. Bus?

I think you guys are talking about different airlines. I think he was talking about US. There were mechanics there a few weeks ago and still a large mainline operation.

 

[US AIRWAYS FAN]

Not to mention that US is getting in the habit of borrowing $10 to increase useful liquidity - "cash" above that required by the loans - by $8.

In all these latest borrowings, US borrowed $950 million. But that "cash" cushion above that required by not just the Citi loan, but also by several of the new loans, only went up $745 million - the "cash" requirement dropped by $375 million and another $370 million was all that remained after paying $400 million of the Citi loan plus fees/charges from getting the loans.

Jim

Good grief! Well will US make it through the winter? (I know here we go again).

 

[BoeingBoy]

Your guess is as good as mine. What will fuel prices do. How long will the economy have an effect on traffic and how big an effect? Will all the government flowing into banks/financial institutions make the auction rate securities sellable and for how much?

In other words, the view of the future is clear as mud...

Jim

 

[UPNAWAY]

If fuel stays at $60 in 2009 we will not only be here but be profitable.

 

[jetster]

Yes RIC has maint., or did have. They along with ORF and PVD were advised that they are being closed. The notices were given at 6am on Nov 4th at all three stations. There are 3 more coming, CMH, JFK, and SNA. CMH is not even listed as an active maint station for bumping purposes. Shame this has to happen at holiday time but I guess the company is clearing the books before the first of the year. We can be thankfull it is not us, but then again who knows as US tries to return to profitability

 

[wings396]

I'm getting a bit mixed up here with some of these stations. I thought that they were all outsourced on the fleet side back in 2005 along with 20 others. Did some of them retain Mtc. people even though the ramp was outsourced? I didn't think that any smaller stations survived the Ax after that, but if so I'm glad that they did.
Sadly, this crap always seems to surface just before the holidays. The TPA hangar along with the liquidation threat came just in time to ruin the holidays for many employees and their families.

 

[acmech]

Of course Dougwiser is laughing all the way to the bank. Shame on Dougie closing stations just before Holiday time.

 

[USFlyer]

I'm confused which airline is being discussed ... UA or US?

 

[Atlantic]

Can't see jumping on this train wreck at UA unless we sell off a bunch.

 

[Metroyet]

Nice flame-bait catch phrase, but the federal law enacted in December, 2007, says otherwise. It effectively emptied all the staplers. Nice try, though.

Aren't you the same guy that is certain USAPA can do what they want in regards to seniority with impunity and no consequences? I guess your group are the only ones self righteous enough to wield the stapler...you have ZERO problems with that. The same old hypocritical Eastie B.S..