mrfish3726
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Some of the quotes in here are to FUNNY, but may turn out to be true!
http://www.denverpost.com/business/ci_2914639

http://www.denverpost.com/business/ci_2914639
mrfish3726 said:Some observers say any further delay initiated by United could be met with strong opposition.
Two banks representing $2.26 billion in United debt objected to the carrier's last request to extend its exclusivity period over concerns about its progress.
"They're going to have to do it soon, or people are going to lose patience," said Mike Boyd, an Evergreen-based aviation consultant.
"The problem is, they've been doing this for 2 1/2 years, and it's wearing thin." :blink:
http://www.rockymountainnews.com/drmn/busi...3982047,00.html
[post="286783"][/post]
mrfish3726 said:"They're going to have to do it soon, or people are going to lose patience," said Mike Boyd, an Evergreen-based aviation consultant.
"The problem is, they've been doing this for 2 1/2 years, and it's wearing thin." :blink:
http://www.rockymountainnews.com/drmn/busi...3982047,00.html
[post="286783"][/post]
http://biz.yahoo.com/rb/050728/airlines_un...earns.html?.v=4"At this point there is almost no way they can go out of business. It's too strong a business," airline consultant Michael Boyd said. "Going forward United will be a permanent part (of the industry). But at some point in time, there has to be some changes in management at the top."
Unfortunately, Gordo would need help and the people he needs are employeed at Burger King and Continental. Gordo was the mouth at Continental. The brains behind the operation was Brennaman (Burger King CEO now) and Kellnher (Continental CEO). Gordon would undoubtedly do a better job than the current group of yahoos running the show, but he would definetly need help to pull it off. Maybe Continental will submit a plan with the court when the judge realizes that UAL doesn't have a plan. Merge the two and get rid of most of UA's domestic that is unprofitable.JungleClone said:casualrat,
I completely agree with you regarding Pete McDonald. He doesn't have what it takes to run United. In fact, there isn't an executive currently at United that has what it takes. It's a shame Bethune couldn't be brought in. Even if he didn't have a non-compete clause when he left Continental (which I'm sure he had), I'm not so sure he'd even be interested. Although for the right price, I suppose anyone can be had. But he'd be just the kind of guy to turn WHQ on its ear and finally usher all the spineless, leadership deprived, morale-killing upper, middle and lower management out the door for good. That's something that should have been done years ago. It's also evidence at how the more things change, the more they remain the same.
[post="288634"][/post]
Borescope said:Unfortunately, Gordo would need help and the people he needs are employeed at Burger King and Continental. Gordo was the mouth at Continental. The brains behind the operation was Brennaman (Burger King CEO now) and Kellnher (Continental CEO). Gordon would undoubtedly do a better job than the current group of yahoos running the show, but he would definetly need help to pull it off. Maybe Continental will submit a plan with the court when the judge realizes that UAL doesn't have a plan. Merge the two and get rid of most of UA's domestic that is unprofitable.
[post="288935"][/post]
WorldTraveler said:Bulscu,
NWA owns the only class B preferred share in CAL and through it has the right to approve or disapprove any mergers or strategic business transactions in which CO might want to participate. Given that CO/UA would dwarf every other potential airline combination in the US including anything that NW could participate in, it is highly doubtful that CO/UA will ever happen.
HP/US or DL are the only two likely merger partners for UA.
Given that most if not all of the remaining airlines not in bankruptcy will be there very soon based on the expectation that fuel will remain above $60/bbl, it will take time to sort the future of the industry out but in the meantime you can count on alot more cuts at every airline.
[post="289386"][/post]
WorldTraveler said:Bulscu,
NWA owns the only class B preferred share in CAL and through it has the right to approve or disapprove any mergers or strategic business transactions in which CO might want to participate. Given that CO/UA would dwarf every other potential airline combination in the US including anything that NW could participate in, it is highly doubtful that CO/UA will ever happen.
HP/US or DL are the only two likely merger partners for UA.
Given that most if not all of the remaining airlines not in bankruptcy will be there very soon based on the expectation that fuel will remain above $60/bbl, it will take time to sort the future of the industry out but in the meantime you can count on alot more cuts at every airline.
[post="289386"][/post]
Bulscu said:Naahh, Gordon will do just fine with what he brings, which is an enormous quantitative ability and a genius for highering help...
or at least that's what,
GENERAL ELECTRIC
BOEING
JPMORGAN
PRUDENTIAL INSURANCE
believe...
and most anyone that really knows him and what happened at CAL and everywhere he's been.
Oh Yeah, almost forgot....
It'll be a merger of 'equals', and those at the bottom of either side will have to learn to live with this for a very long time, some doing something else...
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