Yeah I didn't know what it meant just knew I saw something with a stock transaction, and if I posted it someone would decifer it for me.....thanks!
Who wants a merger with US?
- Thread starter EastCheats
- Start date
Yeah I didn't know what it meant just knew I saw something with a stock transaction, and if I posted it someone would decifer it for me.....thanks!
You might not have any choice.
jimntx
Veteran
From the article..."The carrier has managed to win qualified backing from at least three American unions -- the Transport Workers, the Association of Professional Flight Attendants and the Association of Flight Attendants, which represents flight attendants at American Eagle, according to people with knowledge of those discussions."
Hopeful
Veteran
- Joined
- Dec 21, 2002
- Messages
- 5,998
- Reaction score
- 347
As anyone stopped for a minute to think that much of the PRO LCC merger advocacy is because things are actually still as bad as or maybe worse than things at AA? And that LCC employees are craving to better themselves as well?
Our union leadership are dreaming if they think LCC will continue the status quo of their contracts as they stand if we merge.
I feel like Rip Van Winkle who fell asleep 40 years ago when unions had clout and airline workers were envied and I just woke up to see that some people still believe their unions have any clout left...and that "WE'RE GONNA SHOW THEM JUST LIKE IN THE 70'S."
Sad indeed.
Our union leadership are dreaming if they think LCC will continue the status quo of their contracts as they stand if we merge.
I feel like Rip Van Winkle who fell asleep 40 years ago when unions had clout and airline workers were envied and I just woke up to see that some people still believe their unions have any clout left...and that "WE'RE GONNA SHOW THEM JUST LIKE IN THE 70'S."
Sad indeed.
jersey777
Veteran
- Joined
- May 24, 2006
- Messages
- 627
- Reaction score
- 73
Time will tell....maybe by 10 am this morning. Things are so bad at AA that Carl Ichan could come out of the blue and offer a better deal and the unions would listen. They devil will be in the details but I, as an employee of this company, am looking forward to seeing what has to be said today and my guess is that it will all be in writing. Northwest was a sloppy airline but once they merged with Delta the whole entity prospered. I hope that happens with a link up of aa/us. One big plus.....hopefully this group of lamebrains will quit spouting the 20/20 plan or the cornerstone strategy or any of the other bright ideas that haven't worked in the past and won't work in the future.
Hopeful
Veteran
- Joined
- Dec 21, 2002
- Messages
- 5,998
- Reaction score
- 347
Yes,but this "last best" offer will be the one we get..Either through vote or abrogation.
eolesen
Veteran
- Joined
- Jul 23, 2003
- Messages
- 15,959
- Reaction score
- 9,375
Do you think that getting rid of NWA's unions had anything to do with either half of that statement?
I don't think you can fairly say NWA's sloppy habits were a result of their management, since the current CEO of DL came from there, as did a number of other line and staff executives...
wings396
Veteran
- Joined
- Aug 20, 2002
- Messages
- 3,672
- Reaction score
- 1,122
I think that is safe to say that NW had very little, or no direction of their own, similar to the old US. Their fleet needed updating, and their workforce was beaten up from going thru the bk mess. Merging wil DL eliminated most of those issues.
wings396
Veteran
- Joined
- Aug 20, 2002
- Messages
- 3,672
- Reaction score
- 1,122
If anyone thought that all jobs would be saved, they were mistaken. Half is much better, while not perfect. Hopefully all can return at some point. I have been on the street, and its not a good place to be.
My best to all regardless of which route this goes.
My best to all regardless of which route this goes.
WorldTraveler
Corn Field
- Joined
- Dec 5, 2003
- Messages
- 21,709
- Reaction score
- 10,662
what is a "sloppy" airline? NW had identical labor CASMs to DL's when they merged.... NW didn't have the mass necessary to compete on a global scale and didn't have the fleet diversity to do things DL could do but NW did what it did in its corner of the world well.
.
DL/NW works well because DL was gutsy enough to take on a difficult deal and executed the merger nearly flawlessly, gaining a competitive edge that DL continues to benefit from. DL is INVESTING in the system NW built, as evidenced by the refurbs of the 744s and the new flights from DTW-Asia and S. America.
In all honesty, no one else has done a merge of the scope as DL-NW as well as DL did with respect to both revenues and costs, and that includes US, which has yet to obtain the benefits it promised either from its merger or its BK.
.
But in all of the excitement of announcing these term sheets, there is still no word how AA's creditors will fare.
.
And remember that AA unions are not creditors up to this point because the company has not cut anything - the original CBAs remain in effect.
.
what this process could very well do is force the creditors committee - all of them, not just labor - to consider other alternatives to an AMR standalone plan- but one way or the other, AMR will not make any decision to merge with US without considering plans from other potential bidders and the benefit that the creditors will gain from each plan.
.
In other words, US could be accelerating the process in which AMR will end up in someone else's arms.
.
DL/NW works well because DL was gutsy enough to take on a difficult deal and executed the merger nearly flawlessly, gaining a competitive edge that DL continues to benefit from. DL is INVESTING in the system NW built, as evidenced by the refurbs of the 744s and the new flights from DTW-Asia and S. America.
In all honesty, no one else has done a merge of the scope as DL-NW as well as DL did with respect to both revenues and costs, and that includes US, which has yet to obtain the benefits it promised either from its merger or its BK.
.
But in all of the excitement of announcing these term sheets, there is still no word how AA's creditors will fare.
.
And remember that AA unions are not creditors up to this point because the company has not cut anything - the original CBAs remain in effect.
.
what this process could very well do is force the creditors committee - all of them, not just labor - to consider other alternatives to an AMR standalone plan- but one way or the other, AMR will not make any decision to merge with US without considering plans from other potential bidders and the benefit that the creditors will gain from each plan.
.
In other words, US could be accelerating the process in which AMR will end up in someone else's arms.
Kev3188
Veteran
Similar threads
