nostradamus
Veteran
- Dec 7, 2004
- 2,038
- 0
Trivia
The song was sung simultaneously in English and German by troops during the Christmas truce of 1914, as it was one of the few carols that soldiers on both sides of the frontline knew.
What's Wrong With This Merger?
- Thread starter Fast Mover
- Start date
Trivia
The song was sung simultaneously in English and German by troops during the Christmas truce of 1914, as it was one of the few carols that soldiers on both sides of the frontline knew.
NICE!!!!!
NYCDelta
Senior
Thanks etops1. You're right, I generally try to ignore people that spew only hateful things. I'm usually pretty level-headed-unless I'm dealing with Rico. He knows what buttons to push (I hate being called sweetie!) :angry:
Merry Christmas!
NYCDelta
Senior
I'm sorry to hear you feel that way. I hope all airline employees get back all that they've given up over the years. We've all worked very hard to get where we are and deserve some good times, for a change. I hope the rich stop getting richer, and the poor are able to find enough food to feed their families. On a personal note, I hope my sister can finish her chemo and radiation and kill that stage 4 lung cancer that courses through her lympahtic system.
Lastly, I hope the year 2007 is a successful one for all of us. Happy Holidays.
USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
This merger is not what Delta or US Airways bring to the merger alone, it is what two excellent companies would bring to the merger together.
US Airways has done its homework and this merger works because it brings the greatest synergistic financial gain out of all combinations, according to US Airways’ “executive suiteâ€. $1.65 billion is a huge number for an industry/companies that operate with high fixed costs and cash flow challenges. Because Delta is in bankruptcy the debtor has a lot of flexibility to reject contracts and leases that would be excess to the combined business enterprise. This flexibility permits the two companies to take out hundreds of millions of dollars of costs that cannot be extracted from combining carrier’s who are solvent.
I believe US Airways made a strong case during its December 21 conference call on why the merger should proceed, which I believe will solidify its supporters and other interested parties. In my opinion, the creditors committee’s desire to hire Gordon Bethune as their advisor and US Airways’ presentation last week will cause the creditors to force Delta to open its books to US Airways to begin the “due diligence†process.
The “due diligence†process and resultant merger “financial sunshineâ€; coupled with the growing belief that Delta management is misrepresenting information, could cause a corporate transaction that Delta employees would truly dislike, which I believe may not be in the best interest of US Airways and Delta’s stakeholders.
Why? As I indicated, I believe Delta’s creditors will force management to open the books to US Airways, which could ignite a bidding war for Delta by Northwest and/or United, along with US Airways.
I think it’s pretty clear most of Wall Street does not think much of Delta’s inflated standalone plan and the Atlanta-based company’s executive suite. Why? Many people believe Delta is misrepresenting information and the company, along the bankruptcy judge, are required to focus on their fiduciary responsibility to maximize the value to creditors, not their desire to obtain “golden parachutesâ€.
Meanwhile, a potential United-Continental merger is apparently fraught with ambivalence and “social issues†of “who would run the new airline, along with structural complications of the Northwest “golden share†provision. But, United has made its position well known about its desire to merge and both United and Northwest have hired M&A advisors.
Thus, I believe a bidding war could erupt for Delta and/or its assets, which could lead to the Atlanta-based carrier being fragmented. Will this happen? Maybe, maybe not, but I would be very concerned about this scenario unfolding if I was a Delta employee, because my could be worse, much worse, than merging with US Airways, who will be one of the most profitable U.S. airlines in 2006.
US Airways and Delta’s employees can create a great airline and a great team. Instead of throwing barbs at one another why not talk about how the two companies can come together to create a supreme product for our customers and greater job security, pay, and benefits for its employees.
Best regards,
USA320Pilot
US Airways has done its homework and this merger works because it brings the greatest synergistic financial gain out of all combinations, according to US Airways’ “executive suiteâ€. $1.65 billion is a huge number for an industry/companies that operate with high fixed costs and cash flow challenges. Because Delta is in bankruptcy the debtor has a lot of flexibility to reject contracts and leases that would be excess to the combined business enterprise. This flexibility permits the two companies to take out hundreds of millions of dollars of costs that cannot be extracted from combining carrier’s who are solvent.
I believe US Airways made a strong case during its December 21 conference call on why the merger should proceed, which I believe will solidify its supporters and other interested parties. In my opinion, the creditors committee’s desire to hire Gordon Bethune as their advisor and US Airways’ presentation last week will cause the creditors to force Delta to open its books to US Airways to begin the “due diligence†process.
The “due diligence†process and resultant merger “financial sunshineâ€; coupled with the growing belief that Delta management is misrepresenting information, could cause a corporate transaction that Delta employees would truly dislike, which I believe may not be in the best interest of US Airways and Delta’s stakeholders.
Why? As I indicated, I believe Delta’s creditors will force management to open the books to US Airways, which could ignite a bidding war for Delta by Northwest and/or United, along with US Airways.
I think it’s pretty clear most of Wall Street does not think much of Delta’s inflated standalone plan and the Atlanta-based company’s executive suite. Why? Many people believe Delta is misrepresenting information and the company, along the bankruptcy judge, are required to focus on their fiduciary responsibility to maximize the value to creditors, not their desire to obtain “golden parachutesâ€.
Meanwhile, a potential United-Continental merger is apparently fraught with ambivalence and “social issues†of “who would run the new airline, along with structural complications of the Northwest “golden share†provision. But, United has made its position well known about its desire to merge and both United and Northwest have hired M&A advisors.
Thus, I believe a bidding war could erupt for Delta and/or its assets, which could lead to the Atlanta-based carrier being fragmented. Will this happen? Maybe, maybe not, but I would be very concerned about this scenario unfolding if I was a Delta employee, because my could be worse, much worse, than merging with US Airways, who will be one of the most profitable U.S. airlines in 2006.
US Airways and Delta’s employees can create a great airline and a great team. Instead of throwing barbs at one another why not talk about how the two companies can come together to create a supreme product for our customers and greater job security, pay, and benefits for its employees.
Best regards,
USA320Pilot
Keep on dreamin 320, it's ok though, merry christmas to ya CHIP!!!
MMB
Senior
We'd be happy to accommodate you, but it is you who refuse to go away.
It has everything to do with what US can bring.
The DAL/C&S merger was a good one because each airline brought strengths that complemented the other, resulting in a combined company that was stronger and better than just the sum of the two. The same is true for the DL/NE merger and the DL/WA merger. There are parings out there that make good sense, but DL/US isn't one of them. There is no benefit to Delta or Delta people there.
Wish u and your sister THE VERY BEST OF LUCK on the cancer, my dad is battling b cell lymphoma. God Bless you and your sister NYCDELTA
"KEEP DELTA MY DELTA"
MMB
Senior
I missed this part. Sorry to hear about this. There are a lot of long term cancer survivors out there. Several of them are in my family. Good luck to your sister.
USA320Pilot
Veteran
- May 18, 2003
- 8,175
- 1,539
MMB:
In my opinion, the best merger's are the ones that provide a quality product to its customers and provides the best job security, pay, and benfits to its employees.
From what I have seen at the new US Airways, this could happen between Delta and US Airways.
Why do you believe "here are parings out there that make good sense, but DL/US isn't one of them. There is no benefit to Delta or Delta people there?"
Regards,
USA320Pilot
In my opinion, the best merger's are the ones that provide a quality product to its customers and provides the best job security, pay, and benfits to its employees.
From what I have seen at the new US Airways, this could happen between Delta and US Airways.
Why do you believe "here are parings out there that make good sense, but DL/US isn't one of them. There is no benefit to Delta or Delta people there?"
Regards,
USA320Pilot
Harry Callahan
Veteran
320 As you say with all due respect, What are you on ? We don't have our own house together yet.
longing4piedmont
Veteran
- May 19, 2003
- 1,291
- 6
And given your track record here over the past couple of years, IT IS WRONG. Your opinion is worthless here.
Regards
l4pi
IMisstheAladdinTrays
Veteran
Geez that was an awful day for the world...the day the internet made it to Hickory!
You never say one nice thing to anyone.
longing4piedmont
Veteran
- May 19, 2003
- 1,291
- 6
Ahh your breaking my heart. I can't stop crying......
You are correct. I'm tired of folks like BOB and those like him.
Merry Christmas!!!!1
IMisstheAladdinTrays
Veteran
I didn't know Bob lived in Hickory.
