Ted Being Sold To Usair

[UALDC767]

How bout they need some money real soon, I don't think they can go on with out the sale of some assets, I could be wrong but time will tell. It's ashame we did not hook up years ago, Wolfs first comment to us was what a powerhouse UAL/US would be. You have to agree things are going to change soon alot more mergers.

[post="301805"][/post]​

We have been cash flow positive for several months and even posted a monthly operating profit....not great but certainly better than in the past and compared to most competitors....so where is this dire need for some money real fast?

And as far as Wolfe's comments.....sure it would have been a powerhouse...AS LONG AS HE GOT HIS MONEY from it!!!!

DC

 

[Bear96]

And to add on to UALDC737's comments. I understand UA has $3 BILLION in exit financing lined up. So I don't understand luvthe9's comment about needing "some money real soon" either.

 

[mdarules]

And to add on to UALDC737's comments. I understand UA has $3 BILLION in exit financing lined up. So I don't understand luvthe9's comment about needing "some money real soon" either.

[post="301880"][/post]​

because you have to have money to exit bankruptcy -

 

[jbguppy]

I don't think the new US will be downsizing....the downsizing is occurring now at the old US.

[post="301649"][/post]​

No,
when the merger was announced it was said by the company that 10 HP and 50 US Air Jets would go away- that has not changed although I fully expect someone to pipe up with theoretical inside knowledge to say it is so.

Does it really make sense to anyone that they would then turn around and buy nearly 60 jets from a company that just got 3 billion in exit financing. That 3 billion being a much stronger endorsement of the business plan that the begging and pleading and finally selling it's entire company that US Air had to do.

There is as much chance of the new UAIR buying any part of UAL as Retirement Systems of Alabama going out and buying each Airbus Captain at the new UAIR a yacht. - (Keep dreaming)

Any decisions on the direction of the new company will obviously be made in Tempe by the new airlines CEO Doug Parker, and I doubt he consults any line pilots prior to starting any strategic initiatives.

Considering the business plan, isn't it much more likely that an emerged and much stronger UAL will buy part of the new UAIR?

Please - lets keep it logical, or even plausible. Just because there is M & A talk in the industry does not enable someone with a questionable balance sheet and business plan with huge integration problems to buy over 10 percent of what is soon to be the strongest legacy carrier.

JBG

 

[Bulscu]

🙂

 

[jbguppy]

Perhaps industry 'consolidation' is being presided over or by the bequest of:

GE, Boeing, JPMorgan, CitiBank, Chase and the like, etc.,

They in essence own, all the legacies, which are possibly in the process

of 'adjustments', prior to 'rubber stamping' current and future deals, which

includes uals 3bil and us/awa monies as well, those deals along with what happens

to nwac/dal/amr in some shape or fashion either to be determined or

predetermined?

Should be interesting though, and is NOT, totally without some credible

potentiality...

🙄

[post="301971"][/post]​

So your theory is that Wall Street is going to loan UAL 3 billion dollars so a company who just dumped 60 jets can go buy 60 more?

Yes it quite simply is without any credibility. As is your vast investment banking conspiracy to mold and shape the entire industry. It will happen not according to some grand plan, but rather due to some upcoming events, forseen and not, like the spike in oil and poor revenue environment that led to this week's filings. Is the industry going to change with the times, IT ALREADY IS.

Would you have us believe that the investment banking industry has a hurricaine machine that took out huge amount of oil production and refinery capabilities??

Please....


JBG

ings

 

[UnitedChicago]

Why are you guys even wasting your time debating this?

Worst topic ever.

 

[maddogdriver]

"Why are you guys even wasting your time debating this?

Worst topic ever."




Agreed............close it up.......NEXT!

 

[Bulscu]

🙂

 

[jbguppy]

You want to spin what I said into some kind of B/S, go ahead, I don't have the time or inclination to splane, but don't be surprised if it ends up like this:

1. AMR/nwac

2. CAL/ual

3. SWA/pieces

4. US/pieces

W,W,L.... 😉

[post="301991"][/post]​

OK,

more like you don't get that it is all about the pensions and oil, but my guesses would be:

1. AMR in court in about 18 months as much debt comes due and concessionary deals expire/NWA emerges a much smaller company, perhaps shedding the pacific to AMR.

2. CAL in court sooner than AMR, fragmented among many carriers.

3. SWA already has acquired and is looking hard at ATA etc.

4. US is already merging with HP.

5. UAL with a wide body purchase and takes advantage of much chaos, perhaps picking up some pieces along the way.

6. DAL the victim of orderly liquidation along the lines that is happening at INDY air. Emerges as a much smaller company, perhaps a dance partner for parts of CAL or NWAC. Your above theory ignores the corporate ties and governance issues between the three.

Thus far you haven't written anything that would lead me to believe you could "splane" anything to me...Please use more imagination than the latest article in USA TODAY. Bottom line is when SWA's hedges finally start to dwindle, and the legacy carriers finish restructuring, it will be game on again - just with lower revenue and cost. Simple economics at work, it can't be predicted with any real certainty- other than things will change. Your theory of great consolidation is just the latest fad that follows the great 50 seat RJ, de-peaked hubs, simplifares (what a genius move) et al. Just wait a few months and all the talking heads will be on to something else. That something else will be driven by events to come. The only thing you can do is be as competitive and run the highest quality operation you can.

If you have lived with the pain like some of us, you should realize the inherent chaos of it all. Air travel is a commodity, it has gone from being a brand loyalty driven enterprise to a cost driven, internet sold issue. I assure you you have no real clue what is to come, only a WAG...just like everyone else. You just haven't figured it out yet.


JBG

 

[Bulscu]

OK,

more like you don't get that it is all about the pensions and oil, but my guesses would be:

1.  AMR in court in about 18 months as much debt comes due and concessionary deals expire/NWA emerges a much smaller company, perhaps shedding the pacific to AMR.

2.  CAL in court sooner than AMR, fragmented among many carriers.

3.  SWA already has acquired and is looking hard at ATA etc.

4.  US is already merging with HP.

5.  UAL with a wide body purchase and takes advantage of much chaos, perhaps picking up some pieces along the way.

6. DAL the victim of orderly liquidation along the lines that is happening at INDY air.  Emerges as a much smaller company, perhaps a dance partner for parts of  CAL or NWAC.  Your above theory ignores the corporate ties and governance issues between the three.

Thus far you haven't written anything that would lead me to believe you could "splane" anything to me...Please use more imagination than the latest article in USA TODAY.  Bottom line is when SWA's hedges finally start to dwindle, and the legacy carriers finish restructuring, it will be game on again - just with lower revenue and cost.  Simple economics at work,  it can't be predicted with any real certainty- other than things will change.  Your theory of great consolidation is just the latest fad that follows the great 50 seat RJ, de-peaked hubs, simplifares (what a genius move) et al.  Just wait a few months and all the talking heads will be on to something else.  That something else will be driven by events to come.  The only thing you can do is be as competitive and run the highest quality operation you can.

If you have lived with the pain like some of us, you should realize the inherent chaos of it all.  Air travel is a commodity, it has gone from being a brand loyalty driven enterprise to a cost driven, internet sold issue.  I assure you you have no real clue what is to come, only a WAG...just like everyone else.  You just haven't figured it out yet.
JBG

[post="302009"][/post]​

[/quote

 

[coolflyingfool]

Some one needs to call the DOT and get some drug testing happening here. THERE IS ABSOLUTELY NO WAY THIS HAPPENS!!!!! Please close this topic - close this topic - close this topic

 

[Bear96]

because you have to have money to exit bankruptcy -

[post="301937"][/post]​

Um, that is what the $3B in EXIT financing is.

 

[jbguppy]

Some one needs to call the DOT and get some drug testing happening here. THERE IS ABSOLUTELY NO WAY THIS HAPPENS!!!!! Please close this topic - close this topic - close this topic

[post="302045"][/post]​

De-nile (nial) is not just a river in egypt.

I do believe that much more restructuring is to come. What forms or corporate entities will survive is just anyone's guess. Wall street is betting on WN and UAL right now - I know it is tough for some to hear, but the primary business plan for NWAC in particular was to try to kill UAL with predatory pricing practices and a very aggressive lobbying effort on capitol hill to kill ATSB and any pro pension legislation.

Isn't it ironic that NWAC is now the potential beneficiary of wider pension relief. Actually in the long run it may make retired and soon to be retired employees feel better but it will continue to be an anti-competitive albatross around the neck of any company that continues defined benefit pension plans. I hope they survive because that means more benefits for the workers who earned them, a less competitive rival airline, and more opportunity for other companies to expand and give more profit sharing to the employees that lost pensions already.

All we have to do is watch and see, I am glad to have the restructuring phase nearly behind me, and I truly don't wish that experience on anyone else. I had a fellow employee tell me their son is going to go into the industry - there is no way I would let any of my kids get into this mess, now or ever.

Good Luck to all,

JBG

 

[JungleClone]

For the last time, the notion of UA selling TED to a combined HP/US is completely ridiculous, contrary to the supposed "inside" perspective that USA320Pilot continues to spew. All they'd be getting is aircraft, that's it. Why would HP/US be stupid enough to "buy" route authorities for TED? With the exception of a handful of Mexican destinations, all TED routes are in the contiguous 48 states and last time I checked, airlines were free to decide when to add and delete service there, with the only real constraint being available gate space.

And the idea that UA would sell Asian routes to anyone, including HP/US is a complete joke. The Asian route authorities represent the crown jewel of United's network that generates the bulk of its' revenue stream. The day UA parts with those precious assets is the day the lights get turned off for good.

Come on people. At least posit some plausible scenarios. And stop listening to USA320Pilot. He fancies himself an insider to what is going on. In reality, the overwhelming majority of his information never comes to pass.