Who wants Airtran?

[roughneck]

$280 million will buy you airtran. You might get a couple of hundred million in cash with the deal. The convertable notes aren't due for years to come.

Any bidders?

 

[FlyWolf]

Maybe TPG will buy Airtran and Frontier, then combine Airtran, Spirit, Midwest and Frontier, I think that will be a descend size airline, and call the new airline MIDWEST

 

[Kharma Police]

Maybe TPG will buy Airtran and Frontier, then combine Airtran, Spirit, Midwest and Frontier, I think that will be a descend size airline, and call the new airline MIDWEST

How about Eastern Air Lines?

 

[FlyWolf]

sure why not, I am sure between all our seniority lists we will have enough ex-Eastern guys.

 

[FlyWolf]

Any other suggested names before we close the deal?

 

[FlyWolf]

I think we need Alaska too to get close to SWA size

 

[ironspud]

Any other suggested names before we close the deal?

How about from the thread starter: "Descend Airlines"

 

[FlyWolf]

Yeah, not bad, How about "AirONE" since few airlines will become ONE.

 

[TV9Driver]

I always liked the names proposed when we (aai) and Midwest were talking merger... MidAir Airways

 

[jehtplane]

$280 million will buy you airtran. You might get a couple of hundred million in cash with the deal. The convertable notes aren't due for years to come.

Any bidders?

Who want to be D@$#!!!!!

Any bidders? Nevermind we already have a winner!!!

Karma Dude, Karma

 

[CitationLover]

Any other suggested names before we close the deal?

F Timmy Airways

 

[~~~^~~~]

Delta and Northwest need 737-700's and 717's to fill the 70 to 150 seat gap, as well as to undo the revenue carnage of having AAI in their hub cities.

Of course, that will never happen. Maybe NWA should have bought AAI, then merged.

 

[captain dad]

Spirit, Airtran and Midwest.

SPAM Airlines.

It makes sense. A bunch of parts from the same animal all jammed together in the same can, while management tries to sell it for twice its real value.

I'm just kidding.

Good Luck guys.

 

[~~~^~~~]

It makes sense. A bunch of parts from the same animal all jammed together in the same can, while management tries to sell it for twice its real value.

Good Luck guys.

It's already been done and is operating under the name, "US Air."

 

[calfo]

I've always wanted to name an airline "Impact Airlines".

 

[BOHICAgain]

Who want to be D@$#!!!!!

Any bidders? Nevermind we already have a winner!!!

Karma Dude, Karma

That chick to your left is my cousin. Lucky for me I am adopted

 

[mach none]

I've always wanted to name an airline "Impact Airlines".

Ironic

 

[CoolSidePillow]

I like the name "Airline"
all white plane with black letters like the old generic stuff in the supermarkets. I would like to make the logo such that the "l" in the name was shaped like a middle finger. I wanted the comet Halle-Bop to hit the planet too. Oh well, so much for winning the good end on a chicken wishbone.

What is with FL sending letters out about COBRA rights? That cannot be good.

 

[satpak77]

sure why not, I am sure between all our seniority lists we will have enough ex-Eastern guys.

how many ex-Eastern guys still fly these days in a 121 job? jeez I thought they were all gone by now

 

[Muppets]

Just a friendly reminder about COBRA insurance. It would have saved money to send my furlough letter with the insurance info. What a bunch of a-holes!

 

[SkiFishFly]

What is with FL sending letters out about COBRA rights? That cannot be good.

Warming up for the renewal of negotiations?

 

[slaquer5]

how many ex-Eastern guys still fly these days in a 121 job? jeez I thought they were all gone by now

Hola ,

I got hired there in 87 and still have 20 more years of 121 to go.

 

[Lear70]

Warming up for the renewal of negotiations?

Methinks yes.

airTran is overstaffed right now, but not grossly so. Certainly they'll need people to fill the summer scheduled flying but, after that, I fully expect them to start asking for Leaves of Absence pretty soon, followed shortly by a request for the pilots to take paycuts.

Let's see... 1,600 pilots take a $1,000 per month paycut = $1.6 Million per month, roughly $5 Million per quarter, and we lost over $35 Million in one quarter. Nope, I'm going to have to call B.S. on that one. Paycuts aren't going to help

Nor is furloughing 100 first year pilots costing the company about $5,000 a month each in wages and benefits, saving $1.5 Million per quarter and downgrading 100 Captains on year 3-4 seniority, saving another $5,000 per month or, again, another $1.5 Million per quarter.

Even combined wage cuts of 25% PLUS 100 furloughs and 100 downgrades will only save the company about $8 Million a quarter with a LOT of ill will generated as a result as senior management just got promoted in many positions, just took HUGE pay raises and bonuses still go out.

The company needs to manage REVENUE, not come trying to squeeze blood out of an already-squeezed turnip.

p.s. On the original post thread, airTran has WAY too much debt to look for a leveraged buyout.

 

[FlyWolf]

Like someone at Midex said, even if they don't pay the whole pilot group a cent, we will still be loosing money, furlough is not the answer.

 

[Colonel Savage]

Hola ,

I got hired there in 87 and still have 20 more years of 121 to go.

Think you'll break 50,000 hrs?

 

[Colonel Savage]

"Let's see... 1,600 pilots take a $1,000 per month paycut = $1.6 Million per month, roughly $5 Million per quarter, and we lost over $35 Million in one quarter. Nope, I'm going to have to call B.S. on that one. Paycuts aren't going to help..."

But Lear Dude, it has to be a "shared sacrifice". All "stakeholders" must contribute to the cause. You may even get stock options.

Every little bit helps...

 

[gearup5]

You guys must really be overpaid(Capt's). Why the hell are we even talking about giving money back to the company? Last I checked the top guys all just received big raise in the millions in total and you want me the FO making 56 an hour to give back. You guys are fcukin crazy. Pretty much confirms what most people thing about us at the tranny Quoting the dukes of hazard guys... "no balls.. no balls" (picture J. Simpson in her daisy dukes to make you feel better).
Everybody needs to take a deep breath and drink a big cup of shut the hell up. If the company wants to negotiate great. Don't be going out giving sh!t away for nothing.
Let the union do the talking for you. If they screw up then we can recall them as well.
If it gets bad enough I am sure you guys will have plenty of time to be the first to cross the picket line(again) if it comes to that.

 

[gearup5]

Like someone at Midex said, even if they don't pay the whole pilot group a cent, we will still be loosing money, furlough is not the answer.

...nor is paycuts!

 

[BSkin]

You guys must really be overpaid(Capt's). Why the hell are we even talking about giving money back to the company? Last I checked the top guys all just received big raise in the millions in total and you want me the FO making 56 an hour to give back. You guys are fcukin crazy. Pretty much confirms what most people thing about us at the tranny Quoting the dukes of hazard guys... "no balls.. no balls" (picture J. Simpson in her daisy dukes to make you feel better).
Everybody needs to take a deep breath and drink a big cup of shut the hell up. If the company wants to negotiate great. Don't be going out giving sh!t away for nothing.
Let the union do the talking for you. If they screw up then we can recall them as well.
If it gets bad enough I am sure you guys will have plenty of time to be the first to cross the picket line(again) if it comes to that.

Concur with most of what you say, just don't lump people in a group where they don't belong!

 

[slaquer5]

Think you'll break 50,000 hrs?

NO , I am kind of lazy and give away part of my line each month. More time for to lose money in the stock market..