Never Too Late

[delldude]

all this talk of U picking up airbus heavies makes me wonder......just like UAL we're still in BK.
they just recently attempted to reject their contracts unilaterally i believe....who says we're immune??
Planes,leases,contracts....all up for grab.....i fear it ain't over by a long shot.

 

[pitguy]

Air Canada's monies had strings tied to them doing maintenance. What the details are I do not know.

 

[delldude]

Air Canada's monies had strings tied to them doing maintenance. What the details are I do not know.

[post="272259"][/post]​

my point exactly........something smells...what i do not know....
prepare for a blind side.....

 

[airknocker]

Go to topc "Ace Aviation or PIT/CLT HM" and link to Ace Aviation press release which was published simultaneously with merger announcement. Hmmm?

 

[pitguy]

Your right. It looks like the work will be farmed out.

 

[delldude]

PIT IAM has dreams of sugarplums dancing in their heads.......




FSMF

 

[Phantom Fixer]

According to articles in the CLT Observer...Doug Parker has no intention of changing what's taking place on the U side of the coin regarding Heavy Maint....but we all know that it's likely just Honeymoon talk...as they likely fear an already angered group of people could easly de-rail all the reasons for any kind of merger. Nothing is worse than poking sticks at something that feels like it has nothing left to lose in some cases.

The worries as emergence from BK part II looms closer should be for last minute abrogations of leases on both PIT and CLT Base Maintenance Facilities...we have all seen what can take place in the 11th hour before emerging....remember what took place regarding PIT's leases on the last go around.

ACE's investment is NOT all that strong in real terms...and hopefully it won't net them a lifetime deal on even HP's current or soon to be remaining Acft , but who the hell knows when it comes to people whom have been negotiating with CCY and have seen their slight of hand moves take on life.

The best we can hope for in Maintenance is that Doug Parker is more of a man of his public word than any of the people at U have been. ...and if nothing else? , at least the merger talks keep the checks rolling in a bit longer until they attempt to have their way with us again.

 

[delldude]

U signed base maint leases in PIT for one year the last time and 3 year month to month i think...and the year has come and gone.

 

[Smartest Loser]

You can’t tell me that there’s a deal out there and nobody knows what’s gonna happened…?? I’m gonna give you 75 million and we’ll work all the details out later..?? Come On..!!!

ACE and the company have worked out all of this and won’t release it.

Like Dell said…â€￾ Prepare for Collisionâ€￾…!! Ring Ring….â€￾ Prepare for Collisionâ€￾


SL

 

[NYPD]

Here's PART of the press release which describes the deal that ACE got...




ACE Aviation announces planned investment in merged US Airways-America West carrier
- USD$75 million (CAD$95) investment for up to approximately 7% ownership
stake
- Significant new maintenance activity at Air Canada Technical Services
resulting in estimated incremental revenue of CAD$1.5 billion over five
years
- Airport and network synergies
- Annual estimated cash contribution of an estimated CAD$65 million on
ACTS and airport synergies.

MONTREAL, May 19 /CNW Telbec/ - ACE Aviation Holdings today announced its
intention to invest USD$75 million (approximately CAD$95) in the merged US
Airways-America West carrier. Its investment will be made at the time of US
Airways' exit from bankruptcy and in connection with a broad set of commercial
and other arrangements between ACE and the newly-merged entity. ACE's
investment will represent approximately 7% of equity, depending on the total
amount of new equity capital raised by the merged entity. The newly-merged
entity will be a well capitalized commercial partner with approximately
$1.5 billion in forecast total liquidity, a competitive low cost structure and
a route network that is highly complementary to Air Canada.
As a condition of its equity investment, ACE has obtained commitments
which will result in five-year commercial agreements with the newly-merged
entity regarding maintenance services, ground handling, regional jet flying,
network, training, and other areas of cooperation. It is expected that ACTS
and airport ground handling/facilities synergies will result in an estimated
annual cash contributions of CAD $65 million.
ACE, through Air Canada Technical Services (ACTS), is entitled to provide
all available outsourced maintenance, repair and overhaul services for the
merged entity with a combined fleet of 361 aircraft consisting of the Boeing
737, 757 and 767 and the Airbus A319, A320, A321 and A330 for which ACTS has
significant existing expertise. This agreement will provide ACTS with a large
volume of attractive new MRO work covering component and airframe maintenance.
The new work will result in estimated additional revenues of CAD$1.5 billion
for ACTS over the five-year term of the agreement. ACTS has the ability to
undertake this work with a minimal capital investment of approximately
$20 million utilizing capacity currently available at existing ACTS
facilities. The agreement also includes the possibility of extending the work
to cover engine maintenance and supply chain management.

Here's the link to the entire press release...
Click here...

 

[USA320Pilot]

The ACE press release said, "ACE, through Air Canada Technical Services (ACTS), is entitled to provide all available outsourced maintenance, repair and overhaul services for the merged entity with a combined fleet of 361 aircraft consisting of the Boeing 737, 757 and 767 and the Airbus A319, A320, A321 and A330 for which ACTS has significant existing expertise.

USA320Pilot asks: What's the underline section mean? It's my interpretation all available means the America West current fleet, US Airways' A330s, B767s, and B757s.

Thus, US Airways' current B737s and A320 family aircraft is immune from outsourcing, however, it's unclear what will happen to the new aircraft and what CBA will cover them, until a joint contract is negotiated.

Regards,

USA320Pilot

 

[Busdrvr]

The ACE press release said, "ACE, through Air Canada Technical Services (ACTS), is entitled to provide all available outsourced maintenance, repair and overhaul services for the merged entity with a combined fleet of 361 aircraft consisting of the Boeing 737, 757 and 767 and the Airbus A319, A320, A321 and A330 for which ACTS has significant existing expertise.

USA320Pilot asks: What's the underline section mean? It's my interpretation all available means the America West current fleet, US Airways' A330s, B767s, and B757s.

Thus, US Airways' current B737s and A320 family aircraft is immune from outsourcing, however, it's unclear what will happen to the new aircraft and what CBA will cover them, until a joint contract is negotiated.

Regards,

USA320Pilot

[post="272384"][/post]​

Consider that MX gone. Even if they "protected" it, you'd see those 737's parked first, just to get the costs lower. AWA has around 1/3 the fleet, yet only around 1/5 the Mechs. They aren't in this deal to RAISE costs.....

 

[delldude]

The ACE press release said, "ACE, through Air Canada Technical Services (ACTS), is entitled to provide all available outsourced maintenance, repair and overhaul services for the merged entity with a combined fleet of 361 aircraft consisting of the Boeing 737, 757 and 767 and the Airbus A319, A320, A321 and A330 for which ACTS has significant existing expertise.

USA320Pilot asks: What's the underline section mean? It's my interpretation all available means the America West current fleet, US Airways' A330s, B767s, and B757s.

Thus, US Airways' current B737s and A320 family aircraft is immune from outsourcing, however, it's unclear what will happen to the new aircraft and what CBA will cover them, until a joint contract is negotiated.

Regards,

USA320Pilot

[post="272384"][/post]​

duh...what did he say??

 

[700UW]

New aircraft are covered under existing scope language as before.

 

[Dog Wonder]

'existing scope language' is the key. How long will it exist?