NWA and DAL walk away from merger deal

[NuGuy]

http://www.cbs46.com/fultonnews/15436291/detail.html

Thank god...

Nu

 

[737 Pylt]

http://www.cbs46.com/fultonnews/15436291/detail.html

Thank god...

Nu

Thank God!
NWA pilots think they have some sort of entitlement. Demanding DOH!:laugh:
Maybe you guys should pair up with the Us Airways east pilots......Now THAT's a good match!
Imagine the reps telling the rank and file......
Well guys, we know you stand to get:
30% raises over the life of the contract
DC plan to 14%
RJ's capped at 255
$75k in equity.
But they won't agree to a staple!


Talk about MORONS!


737

 

[ACL65PILOT]

If management really walked from this deal, there is an alterer motive.
I really do not think that this is over. This was round one.

 

[metroplex]

There should be a written rule at ALPA National how airline pilot groups should merge if there is consolidation in the airline industry. ( if both a represented by ALPA). If here would be some kind of rule/guidance, pilot groups would know what they are getting into, you save tons of money, no merger funds needed... because in the end ALPA benefits from all the cash their lawyers get. DOH or the purchasing company gets a 2:1 integration or what ever it may be.

 

[jke406]

Talk about MORONS!

737

I think they would have accepted a massive pay cut to aviod associating with incompetent blowhards such as yourself/General Lee.

 

[400ADude]

If management really walked from this deal, there is an alterer motive.
I really do not think that this is over. This was round one.

I'm betting on a mediator and a list very close to DOH. With oil over 100/barrell these guys need to get it done.

 

[PCL_128]

This sounds like good news to me. Probably would have resulted in a cascade of mergers industry-wide that could have screwed over a lot of pilots.

 

[PCL_128]

double post

 

[Tanker Clown]

Congrats NW guys. Looks like you dodged a bullet.

 

[PCL_128]

Just updated their news report. Apparently the reports from their "source" were false according to DAL management. Too bad.

 

[General Lee]

If management really walked from this deal, there is an alterer motive.
I really do not think that this is over. This was round one.

Nah, I think this may set the tone for awhile. United was looked at in an internal audit and was deemed too much overlap and was thought that the DOJ would veto it. Even if United wanted to divest some assets, local politicians would probably shoot that down.

As far as the NWA potential merger, I liked a few of the potential gains. But, the entitlement shown by the NWA guys hasn't been seen since the USAir Easties. A merger of like sized companies with like histories should be a percentage merger. To think that a new DC9 FO should be lead to believe that he or she should shoot 1000 numbers up the list thanks to the POTENTIAL of some senior pilots MAYBE retiring at age 60 vs 65 is ridiculous. There was NO proof of any of that. The only retirements for certain were DC9s.

Well, they went for the gold, and got a shot of glycol instead. Enjoy the frost boys.....


Bye Bye--General Lee

 

[ToThePain]

I'm betting on a mediator and a list very close to DOH. With oil over 100/barrell these guys need to get it done.

Hopefully not. If that were true then USAIR wouldn't be where they are not, considering they fought very hard for DOH and lost......badly. Heres to no mergers period, it only help the bankers.

 

[YourPilotFriend]

Nobody has walked away yet. Delta needs the merger because it can not stand alone financially. The NWA execs need a merger so they can pack their golden chutes and walk away. NWA is better off standing alone as a company however. Nevertheless a serious downturn is in our future it may be worse than 2001-2005 maybe much worse....

 

[737 Pylt]

I think they would have accepted a massive pay cut to aviod associating with incompetent blowhards such as yourself/General Lee.

Be careful jerk, or you'll wind up on vacation again....
But since you commented:
The NWA idea of fair integration......

The demands of the MWA MEC would have placed 1500 NWA pilots at the top of the list and of the bottom 4000 pilots on the list, 3000 of them would have been Delta pilots.

Fair? In their delusional mind!

737

 

[whatitdoing?]

I think this is only round one like someone else mentioned. It'll die down for awhile, but it'll be back with another pair. With 100 bucks a barrel....it's only a matter of time.