yeah, something's amiss - it was an eastie. So it can't be true can it...![]()
What are you hiding? Why not answer my questions?
Your retirement date and the exact, documented investment by HP shareholders?
Both BS...
breeze
yeah, something's amiss - it was an eastie. So it can't be true can it...![]()
What is it the easties say...MAJORITY rules? One seat out of I believe a 9 member board. Wonder why he couldn't just order them around...I do stand corrected......however, the point is that he was in a position to be influenced by the USAirways board, and I believe he sold us out, either due to his own agenda, or due to his ignorance. He DID NOT guard and protect the pilots on the USAir seniority list, period!
Heck, breezy, tell me one instance of a pilot group having a seat on the BOD where it made a difference. Remember the UA ESOP? The employees owned a large chunk of the company and several seats on the BOD. How much difference did that make? None, zero, nada, zilch - they lost their stock in bankruptcy and made concessions...WOW. Would you mind explaining just exactly HOW ALPA (legally) was to blame? Would you mind explaining just exactly how Nicolau should have been more "favorable" (legally, of course), and how the actual award strayed away from the tenets of the ALPA merger policy (legally, of course).
I guess we just can't trump your emotional "It's not FAIR" argument. I guess the courts will eventually tell the parties what is LEGALLY required (vs. what is fair). Sorry Breeze. Time is drawing nigh.....
With all due respect....where did this come from? And who is quoted for that?
If that is true, there is something amiss. If the author is blowing smoke up our asses, it is just a tool to create more chaos in the pilot ranks.
breeze
Sure....about half....show me the documents....or is that your opinion?
Noone has said that USAir shareholders put any money up, however, the money was invested by outside investers, not AWA.....that is the record.
I don't care what profession you are in or who you are, gaining 15 years in seniority is a windfall....against ALPA merger policy. PERIOD!
breeze
What are you hiding? Why not answer my questions?
I don't care what profession you are in or who you are, gaining 15 years in seniority is a windfall....against ALPA merger policy. PERIOD!
You know, we are pretty tired of doing YOUR research for you (over, and over, and over, and over again). Please refer to the Addington trial transcripts:
Page 1275 of the Addington trial transcripts by JACK STEPHAN:
Q: And in your other discussions with the company, had you received some informal indication that they might be able --might be willing to go up as high as 7 or 10 percent above the West rate?
A. Nothing in writing.
Crack a book college boy, or better yet....read the Nicolau transcripts, award, and ALL the other court documents. Educate yourself, the truth shall set you FREE.
It's public record breezy, look it up - oh, that's right...you only believe what you're spoon fed...![]()
The HP shareholders put something of value in just like the outside investors - if you don't believe it how about giving me 100 shares of Google since shares aren't worth anything. Those HP shareholders bought LCC just as much as the outside investors did. So you can't say that the outside investors bought anything without admitting that the owners of HP also bought US.
Surely you've heard of these clubs where members trade their abilities for stuff - a barter arrangement. A plumber may trade doing some plumbing repairs for 20 gallons of gas. Heck, you do it every time you strap on an airplane - you're bartering with the company - trading your ability for money/benefits. Something of value traded for something else of value. That's what happened in the merger. Both the outside investors and HP shareholders traded something of value that they had (money for the former and shares in HP for the latter) for something else of value (shares in LCC). The US shareholders had nothing of value to trade so got nothing.
Jim
Then you're wrong again but it should feel normal by now. ALPA's BOD said that the policy was followed and Nic said it wasn't a windfall.
Jim
That comes up a lot among the east pilots. What was the price to make the merger happen then? As I've said before, except for Air Wisconsin's DIP financing which was spent as fast as it came in, no money came in before the corporate transaction was complete. The outside investors didn't buy US and HP separately then put them together. So what was "the price to make it happen?"AWA could not afford the price to make it happen.
That comes up a lot among the east pilots. What was the price to make the merger happen then? As I've said before, except for Air Wisconsin's DIP financing which was spent as fast as it came in, no money came in before the corporate transaction was complete. So what was "the price to make it happen?"
Jim
OK, I found it....it says "nothing in writing"
Wonder why "nothing in writing?" Oh, that's right - if it would have been in writing it would have been an official company proposal. So no, the company didn't make that proposal before east pulled out of negotiations. But you didn't read far enough (if you read at all and didn't just quote the previous post"
Q. Was there informal discussions, Sir, about the area in which the final contract could wind up?
A. There were informal discussions, yes.
Note that Stephans did NOT dispute the accuracy of the 7-10% above Kirby. He said only that it wasn't a written proposal by the company...
Jim