Delta workforce reduction coming

[Schwanker]

I
I don't think either carrier is in a superior position. In fact with both stock prices at all time lows, you both are ripe takeover targets. Both carriers are worth less than $3 Billion and both have about that much cash on hand. Not to mention other less liquid assets in the neighborhood of $8-10 billion. Some entity could gain control of either company for $1.5 -$2.0 billion and make a ton of money just selling off the pieces.

There is one major difference. NWA does have a poison pill provision. DAL does not.

Schwanker

 

[jke406]

If any of you talk to United pilots, there are substantial rumors of Tilton toying with the idea of doing exactly this to United.

"Toying" with the idea?

Tilton has been openly shopping UAL, (all or some) like a cheap whore for many months.

Thanks for the news flash.

Oh, by the way...I heard New York's governor might have been seeing a prostitute!!

 

[hawkowl88]

Poison pills are for hostile takeovers

Poison pills aren't used when the CEO is shopping for buyers. Notice Steenland says consolidation is inevitable and that the airline is going to have to shrink. Remember to when Steenland backed away from merger talks last month and the board spanked him and sent him back?

I don't think the pilots can successfully oppose a merger. They need to focus on getting something out of it. If they are seen as obstructionist, they will lose.

 

[Max Powers]

It doesn't matter. If the employees make a big enough stink about it (with politicians by their side), a merger or takeover will not happen. (no matter what Wall St wants)


Bye Bye--General Lee

You owe that to the democrats and the liberals......Let me guess you are neither. Heaven forbid these liberals - who want to change the country for the better - I mean these liberals want a gas tax to keep people from driving SUVs at 16 miles per gallon. These Liberals are so crazy if we actually changed our behaviors and bought cars that get an average of 55mpg (like the Europeans Thats an average too!). We might actually see the price per a barrel go down to 30-40 dollars and then we could demand a raise and actually get it.

 

[Max Powers]

I don't think either carrier is in a superior position. In fact with both stock prices at all time lows, you both are ripe takeover targets. Both carriers are worth less than $3 Billion and both have about that much cash on hand. Not to mention other less liquid assets in the neighborhood of $8-10 billion. Some entity could gain control of either company for $1.5 -$2.0 billion and make a ton of money just selling off the pieces. If any of you talk to United pilots, there are substantial rumors of Tilton toying with the idea of doing exactly this to United.

My oh my just confirms how dumb pilots are.....If you buy out a company you do get their assets but you also get their DEBTS.

 

[Schwanker]

Poison pills aren't used when the CEO is shopping for buyers. Notice Steenland says consolidation is inevitable and that the airline is going to have to shrink. Remember to when Steenland backed away from merger talks last month and the board spanked him and sent him back?

I don't think the pilots can successfully oppose a merger. They need to focus on getting something out of it. If they are seen as obstructionist, they will lose.

You were just speaking of the companies reduced market caps make them ripe takeover targets--AKA a hostile takeover.

The NWA BOD was expecting a premium on shares which were trading closer to $20 at the time. $3B aint going to cut it. NWA is in a better position to weather the current crises, especially given the debt schedule. Hopefully this doesn't result in C11 part two with Steenland's last man standing strategy! I wouldn't put it past him. C11 won't be as kind going forward.

Schwanker

 

[EMBpilot]

Hey Jackass - NWA is actually running a much leaner ship than DAL...

I guess NWA took 0 place in the 5 most profitable airlines in 2007?

 

[Jmoney]

Usair?

It doesn't matter. If the employees make a big enough stink about it (with politicians by their side), a merger or takeover will not happen. (no matter what Wall St wants)


Bye Bye--General Lee

Just like USAIR? You truly are the stupidest person here, General-you deserve a prize!

 

[dtfl]

I think once the details actually emerge of what DAL's position was IRT to NWA seniority it will be pretty embarrassing for the DAL pilots that Moak (new call sign "pumps") tubed the deal.

I think, from info I have gotten from your OWN pilots...that you are wrong.

 

[General Lee]

There is one major difference. NWA does have a poison pill provision. DAL does not.

Schwanker

Here's the problem for you. The poison pill is for HOSTILE takeovers. Steenland WANTS to merge. No poison pill. Delta is the initiator, and NWA was the receiver. That's the way you guys like it I guess. This aint BK anymore and you can't just do a hostile takeover. Airlines are asking each other to dance. Some are begging---and Steenland is saying consolidation is "inevitable" and now he is also saying your airline may need shrinking. You already know about the 30 DC9-30s, but maybe more are on the way out. Steenland will make you pay for your entitlement issues.

Bye Bye--General Lee

 

[Zipperhead]

I'm sure all the Delta pilots would be so quick to accept an offer from another carrier. You make it sound as if your MEC gave them everything on a gold platter and it was the best deal ever offered. Whatever, typical Delta arrogance.

Merger CAN'T happen without a pilot agreement, boy some of you guys are dumber than I thought. Keep tellin yourself that, cause hey, that's what your wonderful union is telling you....

 

[737 Pylt]

I'm sure all the Delta pilots would be so quick to accept an offer from another carrier. You make it sound as if your MEC gave them everything on a gold platter and it was the best deal ever offered. Whatever, typical Delta arrogance.

LOL! Think of that one all by yourself?
I love these old miserable twa weasles who blame the entire planet for their problem. These are the same idiots blaming AMR pilots for their failed careers!

737

 

[AA717driver]

LOL! Think of that one all by yourself?
I love these old miserable twa weasles who blame the entire planet for their problem. These are the same idiots blaming AMR pilots for their failed careers!

737

No. We blame ALPA National and our "brother" ALPA pilots for throwing us under the bus as though we somehow 'deserved' what we got.

This profession is in the shape it's in because of the "my airline is better than your airline" mentality. "Greed" and "ego" are being inscribed as the 'cause of death' on the death certificate of the pilot profession as we speak.

The NWA guys were doing what they were supposed to do--defend their pilots and negotiate an integration. The condescension flowing from the Delta drum-beaters here toward the NWA people (and anyone else they are rumored to be merging with) is an indicator of how the integration would go: "Just be glad you have a job." TC

 

[jegermeister]

I think sometimes you do "get what you pay for." Is there a difference between ASA and Delta? I think so.
Bye Bye--General Lee

General,

Nice theory, but those are Delta employees providing service on C and D (both at the gate and down on the ramp).

 

[xjlifer]

Sadly that is spot on. It only takes reading any thread over one page on this forum to see an example.

No. We blame ALPA National and our "brother" ALPA pilots for throwing us under the bus as though we somehow 'deserved' what we got.

This profession is in the shape it's in because of the "my airline is better than your airline" mentality. "Greed" and "ego" are being inscribed as the 'cause of death' on the death certificate of the pilot profession as we speak.

The NWA guys were doing what they were supposed to do--defend their pilots and negotiate an integration. The condescension flowing from the Delta drum-beaters here toward the NWA people (and anyone else they are rumored to be merging with) is an indicator of how the integration would go: "Just be glad you have a job." TC

 

[FDJ2]

No. We blame ALPA National and our "brother" ALPA pilots for throwing us under the bus as though we somehow 'deserved' what we got.

You don't think that the TWA pilots conceding their merger protection had anything to do with it do you? No, you're right, it was that evil ALPA national, the TWA pilots were innocent lambs led to the slaughter.

 

[Zipperhead]

You don't think that the TWA pilots conceding their merger protection had anything to do with it do you? No, you're right, it was that evil ALPA national, the TWA pilots were innocent lambs led to the slaughter.

Another clown who knows nothing of the AMR/TWA merger. The "conceding of merger protection" as you call it was the only offer the was put on the table. It was forced upon us or lose everything including the sh**ty seniority we got. So yes, it was a pre-negotiated deal brought on by ALPA national. Now go back to your whole, dork.

 

[Zipperhead]

LOL! Think of that one all by yourself?
I love these old miserable twa weasles who blame the entire planet for their problem. These are the same idiots blaming AMR pilots for their failed careers!

737

No I don't blame the entire planet, but you Dixie Dum dums think that you are so far above every other group of pilots and that the NWA pilots should just be lucky to take the crap you tried to ram down their throat. Whatever. Hey keep believin what your great union keeps telling you, can't happen without your approval....clowns. Dream on.....

 

[jke406]

Wow. Sounds like you have enough of your own major issues without ragging on others' minor problems.

 

[Superpilot92]

No. We blame ALPA National and our "brother" ALPA pilots for throwing us under the bus as though we somehow 'deserved' what we got.

This profession is in the shape it's in because of the "my airline is better than your airline" mentality. "Greed" and "ego" are being inscribed as the 'cause of death' on the death certificate of the pilot profession as we speak.

The NWA guys were doing what they were supposed to do--defend their pilots and negotiate an integration. The condescension flowing from the Delta drum-beaters here toward the NWA people (and anyone else they are rumored to be merging with) is an indicator of how the integration would go: "Just be glad you have a job." TC

You are correct!