Yuppyguppy
Well-known member
- Joined
- Nov 17, 2003
- Posts
- 934
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The problem with these pups is that no old timer ever sat down with them over a beer and told them how the industry REALLY works.
I was working at the UAL ORD B767 Pilot Crew Desk the day the aborted attempt at merging with USAir was announced in May of 2000.
The UAL stock price tanked by 20+ bucks a share that day and NEVER RECOVERED, not til they declared BK and the stock was worthless.
The USAir stock price climbed around 20 bucks or more that day.
The Street's opinion of the UA/US merger then was the kiss of death, and while one of the dance partners have changed, there is so much poisonous blood between UA Management and the rank and file UA employee, I cant see merging with UA to be any better this time...
Go it alone CAL, you can do it...
Hint: I don't work for ual, my avatar gives a hint. Don't smoke crack. Maybe I will try it in the 2035 when I retire. Imho, while uals fleet is starting to age, my guess is its avg is comparable to the new dal(even if you subtract the dc9s) and aa. Ual has a large short bus fleet for domestic, a large 75/76 fleet and of course the 77 and 744s. Huge posistion in ord, sfo, lax. They have given up on the east coast, however anyone they merge with has that(aa,cal,lcc) Anyone of those carriers will do what the new delta is doing and put the correct aircraft in the correct market. With the right leadership and combo ual could once again be the dominating airline they were in the late 80s and 90s. Now lets look at cal. You have ewr and iah that really count. No real presence out west and a small footprint in asia but an impressive Euro footprint. You need ual and they need you. Just as nwa/dal. As far as planes. Getting them will not be a problem. When needed, boeing, airbus, ge, iflc will get them asap for a carrier the size of ual. Did you notice theas far as the 500hr wonder comment?? As far as ual being dead, don't count on it. Most of the airline world was hoping for cals demise throughout the 80s and 90s due to the drag y'all were on wages and benefits.
Heyas Cobra,
You are seeing the end result of ipod generation of pilots.
They've never been told "no", never had a really rough ride in their career, and never had to instruct, sweep the hangar floor or any other character building activity.
They slid right out of whatever puppymill ("Thanks Dad! Can I have keys to the Hummer?") they went to, right into the right seat of an RJ (the jet job they were "owed") and through a quirk of timing, wound up at a major, where, thanks to crappy, post 9/11 workrules, fell right into seats that were typically VERY senior in the past.
Now, ooopsie, it looks like some game changer, which is SO common in this industry, has got them all upset and they can't find their blankie...
The problem with these pups is that no old timer ever sat down with them over a beer and told them how the industry REALLY works.
Well, let me be the first: "Get used to it, son, there are NEVER any 'good times'. Save money, because it's a short ride".
Cobra, I also agree with you about UAL. Great ship, no rudder. With the right crew, it could be a fearsome powerhouse.
Nu
Simmer down, junior. There are 500 hr wonders at CAL. Don't get offended by it. It's called the "family" vote. I can think of 2 off the top of my head. Neither had 121 time before starting. One upgraded, for first time in a 737.
As for UAL's structure, why would Larry even entertain a merge/code share/Joint venture, if UAL had nothing to offer. UAL's current state is due to pathetic management. With a proper captain at the helm, it could shine. That's where Larry and team come in. Who cares, you and I can't do anything about it. If it happens, mature integration won't happen with attitudes like that at the table.
As Sonny said, good luck to us all.
Use your FF miles now I tell my friends...the end of their existance is within a year.
spoken like a tool from aca...I mean independence air.
Wow, we have never seen that posted before on FI! (although it is usually spelled correctly)
LOL..u wish I worked there...I work for UA and cant wait to get out of this hell!
Funny how we don't see anyone trying to merge with SWA....or even join an alliance with them.
too late to merge now with Obama elected
Well, I asked for one, just one link to any website from an accredited industry source (Wall Street, Aviation Week, The Boyd Group, etc.) and I have yet to see one. What I asked to avoid was a lot of 'informed opinion' - also known as idle speculation- and I got an earful. (Someone had the callousness to say "You heard it here first", well this thread would prove that someone beat that know-it-all to the punch!)
I remember in the months prior to our bankruptcy and purchase by AA, we had a lot of White Knights that were going to save TWA. Most notably amongst those was Richard Branson. He was going to purchase us through some third party holding company (getting around US ownership laws) and then infuse us with capital and jobs and thus save our carrier and make us bigger and better than ever.............if only.
It would seem that Gordon Bethune serves the mythological savior status that Branson at one time served for us at TWA.
This belief will certainly lead to some soothing thoughts in tough times and help one fall asleep at night, but it may not be realistic. I am unaware of Bethune ever mentioning any interest in running an airline again..I don't think he needs the money... and we know where not just Larry Kellner, but the CAL BOD stands on this issue.
Since we are all speculating, I think the most likely outcome at this point is a purchasing of pieces of UAL at a post bankruptcy proceeding. I think the only thing about UAL to CAL of interest is the west coast and Asian operations. I think AA would want a lot of the O'Hare operations for obvious competitive purposes.
No doubt the assets of United would spark a fierce bidding war and I doubt this idea has passed by the majority shareholders of UAL stock. At the end of the day money is what will decide the ultimate disposition of not only UAL but all of us. As time progresses and the idea of United returning to profitability becomes more and more remote, liquidation emerges more and more attractively to the a-moral, conscience lacking business community.
I wish all of you at United the best. Frankly, you can pass all the internal resolutions about seniority integration you want, you are not taking our jobs at CAL (i.e. DOH or national seniority lists). I have been furloughed and know the angst it causes, as I said before in another thread on this similar topic, don't be afraid to leave this industry and try something new (if regrettably the need would arise). I sure wish I did.
Peace.