American/USAirways meeting?

[JAB31]

Heard there was some kind of meeting in CLT last week between these guys?

 

[Draginass]

There's nothing about US Airways that American needs or wants. When you're own boat is leaking, the last thing you need is a big anchor.

There might be a few pieces of United that would fit into the AA system, but certainly nothing of US Airways.

 

[n757st]

There's nothing about US Airways that American needs or wants. When you're own boat is leaking, the last thing you need is a big anchor.

There might be a few pieces of United that would fit into the AA system, but certainly nothing of US Airways.

American might want a fuel efficient 200+ airbus fleet, a profitable PHL hub that could compliment their JFK operation, a CLT hub that would allow greater connecting options for east coast travelers, and a DCA operation with extraordinary profit potential if certain legislation passes congress. They would become the dominant player in LGA with access to a long term lease new terminal, and thier two midwest hubs would compliment US Airways route system perfectly. I don't know, its just a thought.... And Airways does have 2.3 billion dollars in the bank with little to no debt due until after 2014, that can't hurt either.

 

[n757st]

Heard there was some kind of meeting in CLT last week between these guys?

Why would they meet in CLT? Seems kind of out of the way of both DFW and PHX, don't you think?

 

[Mamma]

An earlier post...

USAirways (LCC)-
2009 projected Operating Revenue/ratio of industry [1] = $10.3 billion / 9.9%.
2009 projected Operating Expense [2] = $10.6 billion.
Current cash / ratio of 2009 Operating expense [3] = $1.5 billion / 14.0%.
Advance revenue liability / ratio of 2009 revenue [4] = $963 million / 9.3%.
Long Term debt / ratio of projected 2009 revenue [5] = $4.1 billion / 39.4%.
Long-term debt ratio of industry debt [5] = 8.4%.
Assets / ratio of industry = $7.9 billion / 5.8%.
Market Cap / ratio of industry (Q2 2009 median) = $469 million / 2.7%.
Pros: Younger fleet.
Cons: Weak cash position with limited options to improve liquidity, high unit costs ex fuel and labor, depressed market cap, ongoing integration of America West, low future bookings.
Potential risk of bankruptcy within 9 months: Very possible

 

[Draginass]

PHL? YGBSM. US Airways is a management debacle. And I'm pretty sure that the APA sure as heck doesn't want anything to do with the abortion of a pilot group that US Airways consists of right now. I can't even imagine that Arpey would like to revisit another TWA disaster only 4 times worse with the antics of USAPA. And besides, AA still has 1700+ pilots on furlough. No way would I ever allow another company's pilots onto our seniority list ahead of them.

A lot of domestic capacity needs to GO AWAY in this country, not be saved. US Airways has worn out the defibulator machine,

I doubt the validity of the reported meeting at all.

 

[av8tordude23]

an earlier post...

Usairways (lcc)-
2009 projected operating revenue/ratio of industry [1] = $10.3 billion / 9.9%.
2009 projected operating expense [2] = $10.6 billion.
Current cash / ratio of 2009 operating expense [3] = $1.5 billion / 14.0%.
Advance revenue liability / ratio of 2009 revenue [4] = $963 million / 9.3%.
Long term debt / ratio of projected 2009 revenue [5] = $4.1 billion / 39.4%.
Long-term debt ratio of industry debt [5] = 8.4%.
Assets / ratio of industry = $7.9 billion / 5.8%.
Market cap / ratio of industry (q2 2009 median) = $469 million / 2.7%.
Pros: Younger fleet.
Cons: Weak cash position with limited options to improve liquidity, high unit costs ex fuel and labor, depressed market cap, ongoing integration of america west, low future bookings.
Potential risk of bankruptcy within 9 months: Very possible

Site your source!!!

 

[TWA Dude]

http://www.airlinefinancials.com/Airline_commentary_Herbst_.html

 

[Flying Horses]

PHL? YGBSM. US Airways is a management debacle. And I'm pretty sure that the APA sure as heck doesn't want anything to do with the abortion of a pilot group that US Airways consists of right now. I can't even imagine that Arpey would like to revisit another TWA disaster only 4 times worse with the antics of USAPA. And besides, AA still has 1700+ pilots on furlough. No way would I ever allow another company's pilots onto our seniority list ahead of them.

A lot of domestic capacity needs to GO AWAY in this country, not be saved. US Airways has worn out the defibulator machine,

I doubt the validity of the reported meeting at all.

I am not taking sides on east vs. west, but I just wanted to point out how contradictory your two statements are that I put in bold.

You are calling a whole pilot group an abortion (very harsh) for not wanting very junior (read low length of service) west pilots ahead of their (east's) furloughed pilots with higher length of services.

Then you say no way would you allow any of another pilot group ahead of your furloughed pilot list.

So, basically, if AA and US merge and a list is formed where US pilots with less length of service are slotted above AA's furloughed pilots, and then AA pilots try to fight that, then the AA pilots would be an abortion of a pilot group, too? Is that what you are saying?

 

[FR8mastr]

PHL? YGBSM. And I'm pretty sure that the APA sure as heck doesn't want anything to do with the abortion of a pilot group that US Airways consists of right now. I can't even imagine that Arpey would like to revisit another TWA disaster only 4 times worse with the antics of USAPA. And besides, AA still has 1700+ pilots on furlough. No way would I ever allow another company's pilots onto our seniority list ahead of them.

You mention the antics of USAPA and how the APA doesnt want to mess with them, Then you mention how you would never allow another company's pilots on a list ahead of your furloughed pilots.
Seems to me USAPA and You have similar thoughts on seniority integrations.
But I guess its different when it's you.

 

[Flying Horses]

You mention the antics of USAPA and how the APA doesnt want to mess with them, Then you mention how you would never allow another company's pilots on a list ahead of your furloughed pilots.
Seems to me USAPA and You have similar thoughts on seniority integrations.
But I guess its different when it's you.

That's funny. I just said basically the same thing at the exact same time!

 

[Deadalus]

An earlier post...

USAirways (LCC)-
2009 projected Operating Revenue/ratio of industry [1] = $10.3 billion / 9.9%.
2009 projected Operating Expense [2] = $10.6 billion.
Current cash / ratio of 2009 Operating expense [3] = $1.5 billion / 14.0%.
Advance revenue liability / ratio of 2009 revenue [4] = $963 million / 9.3%.
Long Term debt / ratio of projected 2009 revenue [5] = $4.1 billion / 39.4%.
Long-term debt ratio of industry debt [5] = 8.4%.
Assets / ratio of industry = $7.9 billion / 5.8%.
Market Cap / ratio of industry (Q2 2009 median) = $469 million / 2.7%.
Pros: Younger fleet.
Cons: Weak cash position with limited options to improve liquidity, high unit costs ex fuel and labor, depressed market cap, ongoing integration of America West, low future bookings.
Potential risk of bankruptcy within 9 months: Very possible

High cost of labor? Major debt pushed out several years and bankruptcy in 9 months? Who writes this crap, some moron fresh out of an MBA program? What a joke.

 

[Deadalus]

PHL? YGBSM. US Airways is a management debacle. And I'm pretty sure that the APA sure as heck doesn't want anything to do with the abortion of a pilot group that US Airways consists of right now. I can't even imagine that Arpey would like to revisit another TWA disaster only 4 times worse with the antics of USAPA. And besides, AA still has 1700+ pilots on furlough. No way would I ever allow another company's pilots onto our seniority list ahead of them.

A lot of domestic capacity needs to GO AWAY in this country, not be saved. US Airways has worn out the defibulator machine,

I doubt the validity of the reported meeting at all.

You wouldn't allow it? Your opinion would mean about as much as a mouse fart in the wind. If the Delta manangement had been on board, the Delta/US merger would have gone through. While they'd like to think they had a hand in stopping it, they didn't. If it happens, yes the furloughs will go to the bottom it's just the way it is.

 

[Draginass]

I am not taking sides on east vs. west, but I just wanted to point out how contradictory your two statements are that I put in bold.

You are calling a whole pilot group an abortion (very harsh) for not wanting very junior (read low length of service) west pilots ahead of their (east's) furloughed pilots with higher length of services.

Then you say no way would you allow any of another pilot group ahead of your furloughed pilot list.

So, basically, if AA and US merge and a list is formed where US pilots with less length of service are slotted above AA's furloughed pilots, and then AA pilots try to fight that, then the AA pilots would be an abortion of a pilot group, too? Is that what you are saying?

Nice try putting words in my mouth, but your dishonest logic fails the common sense test.

USAPA has fought the arbitrators decision in court and LOST decisively. There's a serious court judgment against them and any company or union that would want any part of trying to clean up that mess should have their head examined. The animosity between east and west is nasty, mean, and irreconcilable and WOULD carry over into and poison any new pilot group. I want NO part of that. Like I said, AMR does not need another boat anchor when it already has a leaky boat.

It's only an academic point anyway. Not going to happen.

 

[reepicheep]

If anyone really thinks this has a chance then start paying attention to the WN/F9 saga. What has usair got that AMR would want - a moderately profitable second-tier hub in PHL and a worthwile presence in DCA. Not much added value in BOS and soon to be even less in NYC. CLT is a tiny O & D market and would be a replay of RDU for AA. IOW a third to a half of the "east" operation. Not gonna happen. Not a merger anyway. Wait a while & pick up the pieces you want on exactly your terms for pennies on the dollar & prenup labor agreements. Or walk away.

 

[OurMoney1]

HORSE TURDS AND SUCH....

This is what happens when fiction and creative hoping/wishing get together; THISLLUB!

 

[Pilotbob3]

Staple them ALLLLLL!!!!!!! Westies on top of the Easties though. LOL

 

[TWA Dude]

Who writes this crap, some moron fresh out of an MBA program? What a joke.

The author is Bob Herbst, an AA pilot.

 

[Deadalus]

The author is Bob Herbst, an AA pilot.

Oh brother, that's worse than a fresh marketing graduate.

 

[AA717driver]

Would AA want the OLD Delta terminal at LGA? Delta is taking over the spacious USAir terminal.

PHL has labor issues that make AA/APA look like a lovefest. East and West have labor issues that make AA/APA look like a lovefest.

AA wants a presence out West? You mean so they can go head-to-head with SWA? He!!, they bagged the AirCal system because of SWA and they're a whole lot stronger now than they were in the late '80's.

CLT? You mean a hub down the road from the former hub at RDU?

If they're talking, Arpey's looking for cherries to pick. Not the whole tree.

TC