Nov/Dec 2013 Pilot Discussion

[Beancounter]

Who raised the money and proposed the merger?
 
Hint hint, it wasnt HP nor Parker.

Actually, in a round about way it WAS HP and Parker. The money was raised using HP's credit and the contingency that Parker would run the combined company. Without AWA US wouldn't have been able to raise the money necessary to exit bankruptcy. I know you'll never accept it, but that is probably one of the reasons why guys have such a hard time with the Nic. ALPA merger policy was career expectations and US was on the brink of liquidation. Did AWA need the the merger? Yes, I believe it did, just not nearly as bad as US. Haven't myself, management, and dozens of business sources already said this numerous times???

Bean

 

[700UW]

Wrong once again, Jon Luth from Seabury and Associates along with Bruce Lakefield raised ALL the money, not doogie nor HP.
 
http://old.post-gazette.com/pg/05142/508153.stm

Retired Lehman Bros. executive Bruce Lakefield, a friend of US Airways chairman David Bronner, replaced Siegel and sought to save US Airways. He asked unions to help with another round of concessions. When that failed, Lakefield took the company into bankruptcy again and squeezed another $1 billion in concessions from the unions, using the power of the U.S. Bankruptcy Court to hammer home new contracts modeled after America West's labor agreements.
 
In January, with fuel prices at a record high and doubts aired about US Airways' survival after its Christmas baggage meltdown in Philadelphia, Lakefield picked up the phone and called Parker, suggesting that "maybe we should begin those talks again," according to Parker.
 
But America West did not have enough cash to lift US Airways out of bankruptcy. It was up to Luth, the US Airways adviser, to find enough investment money to piece the deal together and give the combined company a fighting chance to thrive in the battered airline industry.
 
Luth and US Airways had serious discussions with more than a dozen investors. They all requested shared participation in a merged airline -- no one wanted to take on all the risk. The Retirement Systems of Alabama, which rescued US Airways from its first bankruptcy in 2003 with a $240 million investment, stands to lose it all if US Airways emerges from bankruptcy and issues new stock.
 
Luth went after the companies that had something to gain from an investment in US Airways and America West. Aircraft maker Airbus agreed to provide $250 million in exchange for US Airways' pledge to buy dozens of A320 jets in the future. Regional commuter carrier Air Wisconsin Airlines made a $125 million investment in exchange for a jet services partnership. The Appleton, Wis.-based airline will fly for the merged carrier on a contract basis.
 
Credit card companies may provide $300 million in order to reach new customers. And once-bankrupt Air Canada offered $75 million, good for a 7 percent stake in the new company, in exchange for the rights to bid on the maintenance contract for the new carrier's fleet of 361 jets.
 
Air Canada was the last in line.
 

 

[Phoenix]

Actually, in a round about way it WAS HP and Parker. The money was raised using HP's credit and the contingency that Parker would run the combined company. Without AWA US wouldn't have been able to raise the money necessary to exit bankruptcy. I know you'll never accept it, but that is probably one of the reasons why guys have such a hard time with the Nic. ALPA merger policy was career expectations and US was on the brink of liquidation. Did AWA need the the merger? Yes, I believe it did, just not nearly as bad as US. Haven't myself, management, and dozens of business sources already said this numerous times???
Bean

Ok. You win. Cactus integrity T-shirts have saved two major airlines from extinction and you can become rich if you bought lots of T-shirts and now auction them on EBay.

 

[traderjake]

Bankrupt entities acquire NOTHING. How fking stupid are you? Rhetorical question...

 
There are no words to describe how stupid, only videos. 

 

[Phoenix]

There are no words to describe how stupid, only videos. 

Mostly with goat fetishists and Harry Potter aficionados with capes in the night.

 

[end_of_alpa]

You can't go around lying about it?
America West Holdings Corporation was an Arizona-based company whose primary holding was America West Airlines. During its acquisition of US Airways, America West's parent company adopted the name of US Airways's parent company, which at the time had the name "US Air Group" and which subsequently became US Airways Group after the merger.
America West's corporate offices in Tempe, Arizona were housed in one of the first commercial high-rise buildings constructed in the downtown area, featuring an "airfoil" motif in the shape of its roof.
On May 19, 2005, America West Holdings Corporation announced it would acquire the Arlington, Virginia-based US Airways Group. The new entity is named US Airways Group and is based in America West's former corporate offices in Tempe. US Airways Group corporate offices in Arlington were closed, and most US Airways management were laid off. America West CEO Doug Parker became CEO of the merged companies, and his management team remains in control. The merger was completed on September 27, 2005, and America West now operates under the US Airways brand, which was felt to be more appropriate to the combined airline's nationwide route network. A merger of the two airlines' FAA operating certificates occurred on September 25, 2007 (the US Airways certificate survived), ending the 24-year history of the America West Airlines name.http://en.m.wikipedia.org/wiki/America_West_Holdings

You guys are sick. The 10-k is an SEC legal document that is signed by Doug and all. Wikipedia and businessweek are good reasons you don't use them for legal reference. You guys don't know jack about the law.

 

[end_of_alpa]

You can't go around lying about it?
America West Holdings Corporation was an Arizona-based company whose primary holding was America West Airlines. During its acquisition of US Airways, America West's parent company adopted the name of US Airways's parent company, which at the time had the name "US Air Group" and which subsequently became US Airways Group after the merger.
America West's corporate offices in Tempe, Arizona were housed in one of the first commercial high-rise buildings constructed in the downtown area, featuring an "airfoil" motif in the shape of its roof.
On May 19, 2005, America West Holdings Corporation announced it would acquire the Arlington, Virginia-based US Airways Group. The new entity is named US Airways Group and is based in America West's former corporate offices in Tempe. US Airways Group corporate offices in Arlington were closed, and most US Airways management were laid off. America West CEO Doug Parker became CEO of the merged companies, and his management team remains in control. The merger was completed on September 27, 2005, and America West now operates under the US Airways brand, which was felt to be more appropriate to the combined airline's nationwide route network. A merger of the two airlines' FAA operating certificates occurred on September 25, 2007 (the US Airways certificate survived), ending the 24-year history of the America West Airlines name.http://en.m.wikipedia.org/wiki/America_West_Holdings

Doug Parker's words, not mine. I was wondering when the "who bought who" argument was going to be regurgitated by you stupid Westicle dumb a$$e$. All you do is show your lack of any legal understanding.

 

[Beancounter]

Wrong once again, Jon Luth from Seabury and Associates along with Bruce Lakefield raised ALL the money, not doogie nor HP.
 
http://old.post-gazette.com/pg/05142/508153.stm

Yes, and........... read my post again.

Bean

 

[Beancounter]

Ok. You win. Cactus integrity T-shirts have saved two major airlines from extinction and you can become rich if you bought lots of T-shirts and now auction them on EBay.

Sorry if you think i'm saying i saved US. That's not what i'm saying. The airlines saved each other under the guidance of Doug and his team. Without AWA US would be gone and without US AWA wouldn't be the world's largest airline. 🙂

We're still arguing over this..... why?

Bean

 

[snapthis]

Sorry if you think i'm saying i saved US. That's not what i'm saying. The airlines saved each other under the guidance of Doug and his team. Without AWA US would be gone and without US AWA wouldn't be the world's largest airline. 🙂
We're still arguing over this..... why?
Bean

They are defensive and dismissive of the facts, arbitrations, business publications because it weakens their arguments in the ongoing seniority dispute. The fact of the matter is one airline was growing and hiring, the other had 33 percent of it's pilots on furlough. So, if the old US Airways had an exit strategy and all this access to cash then why could they not go it alone?

I sat through two trials and listened to the deception we are seeing now.

I'm glad we are having this discussion again because if makes them look foollish.

 

[snapthis]

Doug Parker's words, not mine. I was wondering when the "who bought who" argument was going to be regurgitated by you stupid Westicle dumb a$$e$. All you do is show your lack of any legal understanding.

I understand that you'll never be allowed to get DOH.

 

[CaptChill]

I understand that you'll never be allowed to get DOH.

Maybe not... but we will not stand idly by and watch our brothers/sisters with as much as 17 years unbroken, never furloughed service thrown under the bus, Snappy! ... (coming from a 32 years of unbroken service pilot)

 

[Phoenix]

Ok. You win. Cactus integrity T-shirts have saved two major airlines from extinction and you can become rich if you bought lots of T-shirts and now auction them on EBay.

 
 

Sorry if you think i'm saying i saved US. That's not what i'm saying. The airlines saved each other under the guidance of Doug and his team. Without AWA US would be gone and without US AWA wouldn't be the world's largest airline. 🙂
We're still arguing over this..... why?
Bean

You win. Really.

 

[traderjake]

Mostly with goat fetishists and Harry Potter aficionados with capes in the night.

 

 
http://www.hulu.com/#!watch/92972
 
No Goats, No Glory

 

[end_of_alpa]

They are defensive and dismissive of the facts, arbitrations, business publications because it weakens their arguments in the ongoing seniority dispute. The fact of the matter is one airline was growing and hiring, the other had 33 percent of it's pilots on furlough. So, if the old US Airways had an exit strategy and all this access to cash then why could they not go it alone?
I sat through two trials and listened to the deception we are seeing now.
I'm glad we are having this discussion again because if makes them look foollish.

culd it be that your delusional thinking that somehow Wikipedia' "business publications" and THAT arbitration are not legal documents that tell the real truth like the 10k and The CEO which ARE the authoritative reference to what REALLY happened. AWA was NOT growing and hiring, but you guys keep bringing up and believing in fantasy. The only foolishness here is Westicle stupidity.