You know, when I first read this thread I couldn't help but laugh. But then I received an e-mail from ALPA with regard to Aloha. Your post got me thinking that, although a long shot, there could be some truth to it.
WARNING: THE FOLLOWING IS PURE SPECULATION!
Here's what ALPA has to say -
"Many of you may have seen reports on May 4 concerning increased cooperation between United Airlines and Aloha Airlines regarding code sharing, frequent flier programs and the like. One news article mentioned that Aloha might “explore†possible aircraft acquisition, including aircraft surplus to United’s needs. ALPA has not been notified of any formal actions concerning an increased relationship between United and Aloha, and there have been no further press reports or statements from either airline.
There currently is no formal agreement between United and Aloha on any topic. As we stated on May 4, ALPA has engaged its attorneys in New York, Chicago and Washington, as well as the UAL-MEC Domestic Code Share Committee, to closely monitor the situation and ensure all contractual and other legal protections are strictly enforced. Management has assured us that there will be no cash investment in Aloha by United, and, as far as we can establish, there are no current plans to transfer any United aircraft to Aloha. As we also said on May 4, this remains a fluid situation and we will keep you advised as information is received."
Notice the few parts that I highlighted. If Aloha acquired UA's surplus 737's this would agree with the rumor you heard.
If UA management does not invest any cash, then perhaps assets like a number of 737's would be the currency of choice.
Then there is the disclaimer that there are no current plans BUT things could change. (ie: the situation is fluid.)
When I first saw the ALPA communication I was a bit confused because it seemed to me to come from left field. But when I started connecting the dots with this latest rumor, it kinda made me go Hmmmmmmm.
Now, to speculate even deeper, B6 is non-union, and very junior, so integration would be relatively easy, as long as no one gets bumped from their current position. (ie: Jet Blue captains.) UA has a severe manpower problem, and plans to start hiring pilots off the street in the fall. Any surplus pilots/FA's, CSR's, etc. resulting from a reduction of capacity, such as sending 737's to Aloha or canceling B6 aircraft orders could easily be absorbed and "right size" the work force overnight. This would avoid any need to furlough, so everyone keeps their job.
But that's as far as I will take this. We've seen so many rumors come and go over the past 5 years, I'll believe it when I see it.