Just like at UAL, you can see where your pay cuts are going. Absolutely disgusting.
http://www.airportbusiness.com/article/article.jsp?siteSection=3&id=5378
I wonder how many of these guys are Steenland's buddies?
Large losses & other rather disturbing financial information......capped off by they no available lines of credit. Bankruptcy protection can't be far off.
http://www.sec.gov/Archives/edgar/data/27904/000095014405008808/g96694e10vq.htm
http://biz.yahoo.com/ap/050519/united_airlines.html?.v=4
If the IAM walks, this could be very problematic. Does ALPA have a No Strike Clause at United?
Not a good sign:
http://www.ca7.uscourts.gov/tmp/IH15DL1J.pdf
Does UAL have the cash to cure the defaults? Is there a plan in place to make up for the lost airframes?
And these are 2003 figures. No further comment required.
Amount to ALPA OFFICERS- $1,041,898
Amount to ALPA Employees- $27,736,254
(S) salary (A) allowances
President-D. Woerth $ 412,451 (S) $ 130,000 (A)
1st VP- DOLAN $115,000 (A)
AP Admin- Rice $ 125,200 (A)
VP Finance – Beebe...
The application process will open Monday, April 11th, after 3:00 PM pending the completion of our online application system. The application window will remain open indefinitely. There is no advantage to being the first to apply. The selection process will employ an automatic ranking system that...
http://www.handelsblatt.com/pshb/fn/relhbi/sfn/buildhbi/artpage/0/cn/GoArtPic!204455,204493,866271/SH/0/depot/0/
I know it is in German so save the comments. Anybody want to translate this fully? My German is rusty.
It sounds like the judge is growing impatient of UAL's endless extension requests.
This scenario is following the path of the Eastern bankruptcy and liquidation to a T. Except it is being drawn out much longer. When the courts start mentioning they will consider the ability to let other...
I don't know which is worse: The fact the F/A's are the only ones with some balls, or the complete lack of spine USAIR ALPA had facing the invitable and capitulating every time.
Either way a sad situation as another once proud carrier goes down the drain...
The latest bid was just posted and it appears that it has all of CAL's furloughed pilots returning on it.
Glad to have all of you back on the property in the coming months.
http://www.nytimes.com/2004/11/05/business/05air.html
Well I think we have learned from our friends at USAIR that management will keep coming back and break promise after promise. Now, it looks like it will be the same saga at UAL.
When is ALPA going to wake up (or all of us for that...
http://biz.yahoo.com/prnews/041028/cgth041_1.html
**we now believe that, due to record high fuel prices coupled with continued weakness in the revenue environment, there is a strong possibility that we will not be able to comply with the Club Facility's EBITDAR covenant in the fourth...
In my continued quest for knowledge any of you brains out there know how these work?
http://www.albinoblacksheep.com/flash/psytest.php
http://digicc.com/fido/
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