New IBT Tactic

[700UW]

You are delusional.

Your carrier was in financial trouble just like US.

US's employees saved the company three times and gave back billions and concessions, pay, work rules, benefits,vacation and jobs. We gave up more then you ever had.

You did not save US, US and HP both courted financial investors and both companies whored themselves out for investors to pay for this merger, not a buyout a merger.

US all ready had Air Wisconson's $125 million to the table, you brought no money nor anything of your own to the table.

The merger was totally funded by outside investors and US's $125 million from ZW.

And the employees of US have kept it alive time after time after time, we took concession in 1992 to keep the company alive.

HP was no savior of US, it was the employees who gave concessions that saved this company.

Don't let reality hit you in the face.

 

[PhxRanchHand]

You are delusional.( back to giving free medical advise, we same the same about you)
Your carrier was in financial trouble just like US.( just like us being in bk 2 times in 2 yrs. and taking concessions, cutting peanuts on flights etc..)

US's employees saved the company three times and gave back billions and concessions, pay, work rules, benefits,vacation and jobs. We gave up more then you ever had.( so if that is bad why work for them, a person of your caliber and with your knowledge and technical expertise should not have a problem landing a job with all of the benies that you had before)

You did not save US, US and HP both courted financial investors and both companies whored themselves out for investors to pay for this merger, not a buyout a merger.( I saw how the investors were lining up to help out US w/o us being in the picture)
US all ready had Air Wisconson's $125 million to the table, you brought no money nor anything of your own to the table.( no with us in the mix we got the cash in place to pay off the atsb loans, and get U out of bk{it didn't take 3 plus years like UAL} and not to forget we were actually buying 22 new A/C )

The merger was totally funded by outside investors and US's $125 million from ZW.( isn't zw and "outside" investor, so it really wasn't US's money until the bk was finalized)
And the employees of US have kept it alive time after time after time, we took concession in 1992 to keep the company alive.( and this is important today because....?????)

HP was no savior of US, it was the employees who gave concessions that saved this company.( we gave no concessions to save ours or yours for that matter)

Don't let reality hit you in the face.( I will let it hit me in the face when I see it..)

 

[ClueByFour]

You are delusional.

Your carrier was in financial trouble just like US.

Not even close. HP had the load without one bankruptcy, much less two. HP was on the rebound, US was weeks from liquidation. US was sold for pennies on the dollar.

Don't let reality hit you in the face.

Why are the IRS and the courts treating HP as the acquiring entity?

 

[awausairtech]

HAY 7 forgot this! Don't let reality hit you in the face! :mf_boff:

and well said ClueByFour

 

[700UW]

Hey ranch hand the ATSB loans were not paid off, they were sold so the company is still paying on the combined loans.

Go read the documents, Barbell is a subsidary of the US Airways Group.

US all ready had the $125 Million from ZW.

Even Parker said HP would not have sufficent cash by the end of the year.

HP is returning A/C to lessor also.

 

[smorzando]

[/b]

Nice Picture...but under it should read IAM, which is the ONLY logical union unless you like abuse and exploitation from other unions bend over mentality where after years of hard work you need to apply at Wally World to feed yourself and family because there will be no pension. Of course you can choose to work until you drop over dead and go against the IAM, the chose is yours.

 

[AIRWOMAN]

Hey ranch hand the ATSB loans were not paid off, they were sold so the company is still paying on the combined loans.

Go read the documents, Barbell is a subsidary of the US Airways Group.

US all ready had the $125 Million from ZW.

Even Parker said HP would not have sufficent cash by the end of the year.

HP is returning A/C to lessor also.

That's true........the company is still paying those loans off.......like selling your mortgage from one company to another. BUT, are the "restrictions" lessened with the new loans vs. the ATSB loans????

Honestly, HP wasn't in the best of shape BUT we had some profits. And who knows what would've happened IF this merger didn't happen. But really, with US Airways in the situation that they were in, would $125 million really make any difference if the merger didn't happen??? I doubt it.

Yes, HP is returning A/C to the lessors but HP is also taking, and has been taking delivery of new A/C since the merger. It's all about "right sizing" the airline.......and those aren't my words.

Push come to shove, US Airways would've tanked first.......before HP did. But now with the merger, MAYBE we will all survive.........for a while longer.

 

[awausairtech]

Hey ranch hand the ATSB loans were not paid off, they were sold so the company is still paying on the combined loans.

Go read the documents, Barbell is a subsidary of the US Airways Group.

US all ready had the $125 Million from ZW.

Even Parker said HP would not have sufficent cash by the end of the year.

HP is returning A/C to lessor also.

This is it:
13-Jul-2005
Entry into Material Agreement, Financial Statements and Exhibits

Item 1.01 Entry Into A Material Definitive Agreement.
Tudor Investment Agreement
Effective as of July 7, 2005, US Airways Group, Inc., a Delaware corporation (US Airways Group), and America West Holdings Corporation, a Delaware corporation (America West Holdings), entered into an Investment Agreement (the Tudor Agreement), with Tudor Proprietary Trading, L.L.C. and certain investors listed on Schedule 1 to the Tudor Agreement for which Tudor Investment Corp. acts as investment adviser (collectively, the Tudor Investors). The Tudor Agreement contains terms substantially the same as the investment agreement previously entered into on May 27, 2005 by US Airways Group, America West Holdings and Wellington Management Company, LLP, on behalf of investors for which it acts as investment adviser (the Wellington Agreement), as described on the Form 8-K filed by US Airways Group on June 2, 2005, and the investment agreements entered into among America West Holdings, US Airways Group and certain equity investors on May 19, 2005 (the May 19 Agreements, and together with the Wellington Agreement and the Tudor Agreement, the Investment Agreements), as described on the Form 8-K filed by US Airways Group on May 25, 2005. The transactions contemplated by the Tudor Agreement are expected to be consummated simultaneously with the closing under the Agreement and Plan of Merger (the Merger Agreement) entered into on May 19, 2005 between America West Holdings, US Airways Group and Barbell Acquisition Corp., a Delaware corporation and a wholly owned subsidiary of US Airways Group. The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Barbell Acquisition Corp. will merge with and into America West Holdings (the Merger), with America West Holdings continuing as a wholly owned subsidiary of US Airways Group. The Tudor Agreement provides that, upon the terms and subject to the conditions set forth in the Tudor Agreement, US Airways Group will sell to the Tudor Investors, and the Tudor Investors will purchase, shares of US Airways Group common stock for a per share purchase price of $16.50 and an aggregate purchase price of $65 million, payable in cash. The Tudor Investors, together with the investors who entered into the Wellington Agreement and the May 19 Agreements (collectively, the Equity Investors), have made equity commitments of $565 million in the aggregate.

I like this part and so does the NMB under accuisition of control in 19.0 merger.
The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Barbell Acquisition Corp. will merge with and into America West Holdings (the Merger), with America West Holdings continuing as a wholly owned subsidiary of US Airways Group.

Read this:
Barbell Acquisition Corp. will merge with and into America West Holdings

HAVE A NICE IBT DAY

 

[700UW]

This is it:
13-Jul-2005
Entry into Material Agreement, Financial Statements and Exhibits
The Merger Agreement provides that, upon the terms and subject to the conditions set forth in the Merger Agreement, Barbell Acquisition Corp. will merge with and into America West Holdings (the Merger), with America West Holdings continuing as a wholly owned subsidiary of US Airways Group.
Read this:

Thanks for proving my point.

 

[awausairtech]

Thanks for proving my point.

will merge with and into

Acquisition OF CONTROL

 

[700UW]

Is it too hard to understand you proved my point?

America West Holdings continuing as a wholly owned subsidiary of US Airways Group.

Thanks again!

 

[awausairtech]

what u think THE NMB IS LOOKING AT 🙄

 

[700UW]

US Airways Group.

 

[awausairtech]

Barbell Acquisition Corp Owens the OLD US AIR (USAIRQ).
America West Holdings (AWA) wholly owned subsidiary of US Airways Group Owens AWA.

THE Barbell Acquisition Corp. will merge with and into America West Holdings (the Merger), with America West Holdings continuing as a wholly owned subsidiary of US Airways Group.(The SURVIVING AIRLINE)

THE NEW US AIRWAYS (LCC) WITH America West Holdings (AWA) wholly owned subsidiary with THE Barbell Acquisition Corp. merged with and into America West Holdings (the Merger)

Acquisition OF CONTROL

HAVE A NICE IBT DAY

 

[700UW]

US Airways Group owns AWA.

Thanks again for proving my point.

You can try to spin it anyway you want, but AWA holdings is owned by US Airways Group.

And US Airways Inc, is not and was not Barbell.