USA320Pilot
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The combined business entity will reduce its fleet from 419 to 361 aircraft, down from a total of 419 mainline aircraft flown by the separate companies at the beginning of 2005. To achieve this reduction, US Airways projects returning 25 additional aircraft by the end of next year in addition to the 46 it already plans to return, with nearly all of the aircraft returned to GECAS.
Today the ALPA MEC received a briefing on the merger and here are some key points:
US Airways’ fleet will not be reduced right now other than what has already been announced. The breakdown of the reduction includes:
10 A319s - One A319 from February through August and 3 A319s in October. These are non-EOW aircraft.
11 B737s in May 2005.
10 B737s in August 2005.
10 B737s in 2006 and 5 B737s in 2007.
25 additional aircraft will be removed from the fleet and the aircraft leaving the fleet will be "metered". They will exit over an "extended" period with an exact timeline still unclear.
There has been no decision made on the B767 and B757 fleet.
Tonight CLT TV station WBTV interviewed America West CEO Doug Parker who said a total of about 60 planes would be parked with 50 from US Airways and 10 from America West.
The B757 announced for removal on Pilot Bid 05-03 for August and September is not being removed from the fleet, it is scheduled for overhaul.
There are no plans to furlough any pilot and the company is trying to make the aircraft reduction “measured†and work with attrition and resignations.
No decision has been made on the Republic – US Airways MDA agreement.
Decisions such as the aircraft reduction and locating the headquarters in Tempe was made because US Airways is in bankruptcy and reject leases.
New aircraft orders:
The combined airline will take delivery of 13 A320s previously ordered by America West and Airbus has agreed to reschedule and reconfirm 30 A320s from 2006 through 2008 to 2009 through 2010.
To rationalize international flying, the merged company will work with Airbus to transition to an all-Airbus international fleet of A330 aircraft and then beginning in 2011 the company will be the launch customer for the A350, with deliveries scheduled for 2010 through 2013. The company will begin service to Hawaii.
Miscellaneous Key Points:
The combination would form one of the industry’s most financially stable airlines with $10 billion in annual revenues, approximately $2 billion in total cash and among the lowest debt levels of all major airlines.
RSA has not invested in the merger. Bruce Lakefield said talks with David Bronner are continuing.
The new airline is expected to have one of the most efficient work groups in the industry. Once the anticipated annual cost savings and revenue synergies of over $600 million are implemented; the new airline will be positioned for profitability at oil prices above $50 per barrel.
According to the New York Times, “The new US Airways would rank ahead of Continental and Southwest when measured by available seat miles,†which would make the new business entity the fifth largest U.S. carrier.
Regards,
USA320Pilot
Today the ALPA MEC received a briefing on the merger and here are some key points:
US Airways’ fleet will not be reduced right now other than what has already been announced. The breakdown of the reduction includes:
10 A319s - One A319 from February through August and 3 A319s in October. These are non-EOW aircraft.
11 B737s in May 2005.
10 B737s in August 2005.
10 B737s in 2006 and 5 B737s in 2007.
25 additional aircraft will be removed from the fleet and the aircraft leaving the fleet will be "metered". They will exit over an "extended" period with an exact timeline still unclear.
There has been no decision made on the B767 and B757 fleet.
Tonight CLT TV station WBTV interviewed America West CEO Doug Parker who said a total of about 60 planes would be parked with 50 from US Airways and 10 from America West.
The B757 announced for removal on Pilot Bid 05-03 for August and September is not being removed from the fleet, it is scheduled for overhaul.
There are no plans to furlough any pilot and the company is trying to make the aircraft reduction “measured†and work with attrition and resignations.
No decision has been made on the Republic – US Airways MDA agreement.
Decisions such as the aircraft reduction and locating the headquarters in Tempe was made because US Airways is in bankruptcy and reject leases.
New aircraft orders:
The combined airline will take delivery of 13 A320s previously ordered by America West and Airbus has agreed to reschedule and reconfirm 30 A320s from 2006 through 2008 to 2009 through 2010.
To rationalize international flying, the merged company will work with Airbus to transition to an all-Airbus international fleet of A330 aircraft and then beginning in 2011 the company will be the launch customer for the A350, with deliveries scheduled for 2010 through 2013. The company will begin service to Hawaii.
Miscellaneous Key Points:
The combination would form one of the industry’s most financially stable airlines with $10 billion in annual revenues, approximately $2 billion in total cash and among the lowest debt levels of all major airlines.
RSA has not invested in the merger. Bruce Lakefield said talks with David Bronner are continuing.
The new airline is expected to have one of the most efficient work groups in the industry. Once the anticipated annual cost savings and revenue synergies of over $600 million are implemented; the new airline will be positioned for profitability at oil prices above $50 per barrel.
According to the New York Times, “The new US Airways would rank ahead of Continental and Southwest when measured by available seat miles,†which would make the new business entity the fifth largest U.S. carrier.
Regards,
USA320Pilot
