US Airways raises the offer to 10.2 Billion

[GOTAFLY]

See above post. You try to make fun, but then his name actually appears and his comments mirror mine. Isn't that funny?? But, he could actually stop a merger...


Bye Bye--General Lee




//// General I think it is the other way around, your comments mirror Oberstar! All you do is try and re-word what others have already said, and then claim it to be your own./////

 

[Lear70]

If there's one thing that holds true, it's that history will always repeat itself.

The DOJ has approved at least ONE merger where the acquiring airline was forced to divest itself of some routes and gates but it WAS eventually approved, even though MANY said that it would "never pass".

Be careful about saying something will "never happen". It's easier to eat crow if you haven't sown too much of it at once.

And now, for something COMPLETELY different. Have a great weekend!

http://www.glumbert.com/media/spiders

 

[WSurf]

Lear70 Dude I am still laughing!!! That was great, sending it to all my friends!!!

 

[General Lee]

See above post. You try to make fun, but then his name actually appears and his comments mirror mine. Isn't that funny?? But, he could actually stop a merger...


Bye Bye--General Lee




//// General I think it is the other way around, your comments mirror Oberstar! All you do is try and re-word what others have already said, and then claim it to be your own./////

I don't quote myself, and I don't think Oberstar uses my name in any of his quotes. I am just saying he and I think alike, and probably a lot of other people do too----they see what is going on here. It really isn't that hard to see at all.

Bye Bye--General Lee

 

[General Lee]

You keep saying that, but it's not true. Senator Oberstar can't stop anything himself. He can hold hearings and make recommendations, but only the DOJ can stop this. Oberstar only has the power to recommend, not to stop the merger.

PCL,

Tell that to Oberstar. He thinks he can "nudge" the DOJ and they will do what he says. If you think otherwise, call his office.


Oberstar (chairman of the transportations sub committee) said that by publicly exposing the potential dangers of airline consolidation, his committee may be able to "throw cold water" on merger mania. "We can nudge the Justice Department to take the action they must" to prevent a loss in competition, he said.
Oberstar also said opposition to consolidation is bipartisan. "I’ve heard from members on both sides of the aisle" as worries have grown about the impact on jobs and service, he said. "I haven’t heard anyone come forward and say this is a really good deal."



Bye Bye--General Lee

 

[General Lee]

If there's one thing that holds true, it's that history will always repeat itself.

The DOJ has approved at least ONE merger where the acquiring airline was forced to divest itself of some routes and gates but it WAS eventually approved, even though MANY said that it would "never pass".

Be careful about saying something will "never happen". It's easier to eat crow if you haven't sown too much of it at once.

And now, for something COMPLETELY different. Have a great weekend!

http://www.glumbert.com/media/spiders

The odds are much better that it will be over turned. More than one have been over turned. And, I don't know if that one had competing offers that were better, or a pilot union with a clear mandate from a BK judge. Odds are looking in our favor...



What's more, a potential merger between Delta and Northwest would have a great chance at receiving the necessary regulatory approval than would a Delta-US Airways deal. While Delta and US Airways compete head-to-head in many Eastern and Southeastern markets, there's far less overlap between Delta, whose strength is its Southeastern network, and Northwest, which has major hubs in Detroit, Minneapolis, and Memphis. That would mean fewer layoffs, and fewer of the cutbacks in service that would likely rile lawmakers in Washington.
By contrast, some industry insiders fear that a combination of Delta and US Airways would have a hard time passing muster with regulators. While US Airways officials remain confident that they would be able to divest enough assets to appease antitrust regulators—such as selling off one of the Washington-to-New York shuttle operations the two carriers run—some airline experts fret that a US Airways-Delta merger would give the combined carrier too much control over many second-tier markets like Charleston, S.C. "The Department of Justice will have a hard time approving this deal," says Michael Boyd, an aviation consultant based in Evergreen, Colo.

Already, some of the new Democratic leaders in Congress are voicing their opposition and threatening to derail the US Airways bid for Delta. "This proposal is ill-conceived and designed primarily for the benefit of US Airways," says Rep. James L. Oberstar (D-Minn.), the new chairman of the House Transportation Committee. "I think we can slow it down and eventually stop it."


Bye Bye--General Lee

 

[General Lee]

When your Delta is my bitch, I will celebrate by consuming many beers.

We can scream Oberstar, DOJ, Lafayetteville and er'thing else...but in the end none of us "aviation experts" know jack schitt.

So, does Lee Moak have it wrong? Are you sure? From Lee:


"Parker mistakenly believes that he can somehow magically overcome the scope protections built into our contract and to date refuses to discuss the contract in anything other than superficial terms. The Delta PWA is a part of Delta's Plan of Reorganization and must be a part of any such plan of reorganization. Parker, however, simply ignores the implications of our contract. For example, in response to just a single issue, he has been quoted as saying, "We don't know enough about the contract and how this clause came to be." Pilot contract issues will not go away regardless of how much money Parker throws at this merger. For example, our contract:

o Prohibits a "code-sharing" relationship between Delta and US Airways that is critical to the success of the merger plan.
o Dictates that, in the event of a merger, our contract is the controlling document and all provisions remain in force, provisions which prevent many planned US Airways synergies.
o Provides that the amount of Delta flying cannot decrease during a merger transition period until full operational integration, a period that would take years.
o States that Delta pilots must fly any aircraft configured for over 76 seats. US Airways would be prohibited from operating an entire portion of their fleet of aircraft as a result of this provision.
o Most importantly, the Delta pilot contract is binding on any successor or affiliate, including a transaction where Delta is bought by another carrier or holding company subject to the provisions of Letter of Agreement 7, Bankruptcy Protection Covenant.

The Delta pilots will not change any provision of our contract in order to facilitate the hostile takeover of our company."




If you really think so Flys4fun.......well okay then.....enjoy those beers, alone.


Bye Bye--General Lee

 

[GOTAFLY]

General just let it go. Relax, there is nothing else to debate! Time well tell. So what about those Falcons!

 

[GOTAFLY]

General check out www.buildingabetterairline.com pretty good stuff! There are alot of quotes but I am to lazy to post them.

 

[400ADude]

General just let it go. Relax, there is nothing else to debate! Time well tell. So what about those Falcons!

Amen. A lot these threads he is starting are borderline spam.