What's up at Gemini?

[Colonel Savage]

...The most-cited recent example is the airline industry in the United States; in 2006 over half the industry's seating capacity was on airlines that were in Chapter 11.[1] These airlines were able to stop making debt payments, freeing up cash to expand routes or weather a price war against competitors — all with the bankruptcy court's approval. This is especially important in the airline industry as fixed capital costs for the airplanes (and the debt on those costs) make up such a large part of the airlines' expenditures...

And your point is?

Just kidding...

 

[fokkers&beer]

Sorry to hear this guys. I imagine the CEO is trying to fix some of Sammies screw ups?, and I guess Rima must be busting her a$$ trying to dig up new lucrative South American contracts for the 10.
The more things change the more they stay the same I guess. Once again I'm sorry and angry to hear this at the same time. You do not find a better, more motivated pilot group than over there. Management just always seems to find a way to mess it up.

 

[Kaman]

Sorry to hear that for all the GAC guys out on the street, including some very good friends of mine from CJC that moved over to the "big iron". I guess one could hope that UPS might buy up whats left of the operation, but doubtful that it would be a full-fledged merger. UPS just wants the MD-11s, and perhaps some of the infrastructure to operate the GAC MD-11 routes.

 

[b707guy]

Good news is getting hired by UPS. Bad news is being bought by them.

 

[Browntothebone]

Sorry to hear that for all the GAC guys out on the street, including some very good friends of mine from CJC that moved over to the "big iron". I guess one could hope that UPS might buy up whats left of the operation, but doubtful that it would be a full-fledged merger. UPS just wants the MD-11s, and perhaps some of the infrastructure to operate the GAC MD-11 routes.

Sorry to hear about the troubles at GAC, but keep dreaming if you thing UPS will have anything to do with them. UPS MIGHT want to BUY the MD-11s, but that would be IT.

 

[Big Beer Belly]

I have flown with enough Challenge guys to know I want no part of a UPS buy out.

I've been told Challenge was infested with numerous ex-Eastern SCABS. If true, it sounds like UPS made a wise choice not to hire any of them.


BBB

 

[Browntothebone]

I've been told Challenge was infested with numerous ex-Eastern SCABS. If true, it sounds like UPS made a wise choice not to hire any of them.


BBB

Exactly BBB. I'm glad that UPS purchases assets and not entire companies. This avoids the problem of dealing with the acquired companies employees.

 

[AV80R]

... I have flown with enough Challenge guys to know I want no part of a UPS buy out...

I have run into a few ex-Challenge guys who did get hired here and I too heard they had many scabs in their ranks but most of them did not get hired...

I don't know the whole situation and it was way before my time but one guy actually said he was glad some of his former coworkers didn't get hired. The way he talked I almost wonder if it truly was UPS that didn't want to hire all those Challenge guys or if they simply listened to some of those they'd hired already?

Either way, it's old news and most of it is rumors anyways, who knows what really happened...

 

[b19]

What do you mean auctioned off Aug 11 ?
I thought it was a ch. 11, not a 7.
Please explain further.

 

[Big Beer Belly]

Gemini to be auctioned off on Aug 11th..

No disrespect intended to the Gemini guys, but this just illustrates a point. GAC is in Ch 11 for the second time in two years. On Aug 12th, barring some miracle, all GAC pilots are on the street. We agree so far (though again I express my sympathy for the GAC pilots' position.)

Here's my heartburn. On midnight of Aug 11th, IF some knight in shining armor comes along, then the GAC pilots would no doubt DEMAND DOH or some or other ridiculous integration formula. Most people would say the GAC pilots ought to simply count their lucky stars at being stapled to ANY seniority list... seeing how they were just hours from filing for UNEMPLOYMENT benefits.

I don't see how this hypothetical situation is materially different from the TWA/AA situation? But, boy do those ex-TWA guys
feel like the got the "shaft"! I don't get "it"?

BBB