US Airways is evaluating new routes to Europe, although it's unclear how Scott Kirby and his team will proceed.
US Airways does not have the equipment to expand to Europe and the 40 A330/A350 deliveries (30)/options (10) do not begin to arrive until 2008.
Management has evaluated obtaining B767-200s on the cheap, which provide better economics than the B757 in long-thin transatlantic markets. With GECAS, ILF, & other companies forcing a systematic liquidation of U.S. legacy airline flying, US Airways may be in position to obtain some used aircraft to expand across the Atlantic Ocean.
Meanwhile, BOS station personnel reported Doug Parker was in BOS this week meeting with potential lenders to obtain additional liquidity. It's unclear why US Airways keeps busilding its cash position, but potential options include general corporate purposes or a corproate transaction.
I believe it is important to note that America West ALPA MEC chairman JR Baker recently sent a letter to all America West pilots. Baker said, "Last week (at the joint US Airways-America West MEC meeting), we received two very enlightening presentations from our hired industry experts. Our investment bankers and ALPA financial analysts talked about the strengths and weaknesses of the merger with AAA and the status of the industry overall. This was followed by a presentation from our merger attorney and his industry analyst who reviewed the industry from a merger perspective. Needless to say, things remain chaotic for the domestic airlines financially, and we should expect more consolidation as a result of the expected bankruptcy filings from other U.S. carriers."
"In other words, there is a real
likelihood that as America West (soon to be US Airways) pilots, must be prepared and ready to fight a second merger or fragmentation on the heels of this pending merger," he said.
Separately, I understand that American Airlines will announce plans to pull out of Pittsburgh in December, leaving its flights to its subsidiary, American Eagle and their RJs. This move is similar to US Airways "Expressing" its mainline stations.
Regards,
USA320Pilot
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