200 more furloughs at USairways

[Eagle757shark]

So would someone please tell me where the former America West went to the Bank and asked for $1.5 billion dollars to BUY US Airways? As you can see from where the financing came from, that just didn't happen. This folks was a merger not a buyout buy the former America West!

 

[vetrider]

High school was rough on you wasn't it. No matter what side you are on this is your response?? Let me guess, you want to be treated as a professional?

That's what he should have written, he could have saved himself some typing. Usapa and Mike Cleary are irrelevant to the company, and he doesn't understand why.

 

[satpak77]

Indeed it was a merger. I will toss into the argument however that it was "ram-rodded" by America West

 

[charlie2]

As far as LOA 93 is concerned, USAPA's position is that LOA's actually expire unlike a contract which becomes "amendable" therefore making everything in the contract "status quo" until you get a new contract. If the arbitrator agrees that LOA's expire vs becoming amendable then the pay rates will have to go back to LOA 84. This is not a "snap back" it is an expiration of an LOA.

 

[TWA Dude]

I can't believe people are still arguing about who bought who. Here's the fact: for accounting purposes AWA was shown as the acquiring carrier. That's all there is to it. Of course the money came from outside investors so for all intents and purposes it's meaningless to brag that AWA bought US Air.

And BTW, all mergers are also acquisitions. It's meaningless to harp on the distinction between the two terms. Nicolau didn't either.

 

[St. Nic]

US Air is heading down the drain. You guys can argue all you want but the elephant in the room is about your survival. Keep arguing about the mighty east network and "lottery tickets" all you want- the fact remains AAA has been a financial black hole and the money is running out.

 

[Cowboy75]

US Air is heading down the drain. You guys can argue all you want but the elephant in the room is about your survival. Keep arguing about the mighty east network and "lottery tickets" all you want- the fact remains AAA has been a financial black hole and the money is running out.

I'll bet Parker is second guessing his decision today.

 

[PHXFLYR]

as an outsider, why did America West even aquire US Air? Cactus had a good identity on its own I thought. Was it not obvious to all the MBA's that US Airways (the company, nothing against the Pilots, but...) was like signing up to get infected with a new flu bug? "This will make us stronger" etc

WTF

...there's a question for the ages.


PHXFLYR

 

[Cowboy75]

So would someone please tell me where the former America West went to the Bank and asked for $1.5 billion dollars to BUY US Airways? As you can see from where the financing came from, that just didn't happen. This folks was a merger not a buyout buy the former America West!

This from a person who gets his info from the newspaper. Of course, we all know that the good credit of an airline on the brink of Ch 7, decided to move to Tempe, AZ.

 

[OurMoney1]

From the way this thread looks I'd imagine they'll be arguing over who forgot to turn the lights off when the place goes tits up mid 2010....incredible.

 

[ultrarunner]

I think you're right about that OurMoney. Definitely a sinking ship.....

 

[jonjuan]

I'll bet Parker is second guessing his decision today.

I'll bet Parker is deciding what to have for his second round. Do you really think he cares about what he decided 3 years ago? He's thinking about the shape of the deuce he left this AM in the executive washroom.

 

[Captzaahlie]

From the way this thread looks I'd imagine they'll be arguing over who forgot to turn the lights off when the place goes tits up mid 2010....incredible.

ya got that right Money...
Lots and lots of wasted energy on both sides of the campus,
more specifically: a bunch of high school bu!!$hit!

 

[Captzaahlie]

I'll bet Parker is deciding what to have for his second round. Do you really think he cares about what he decided 3 years ago? He's thinking about the shape of the deuce he left this AM in the executive washroom.

prob. playing w/ it.

 

[Cowboy75]

From the way this thread looks I'd imagine they'll be arguing over who forgot to turn the lights off when the place goes tits up mid 2010....incredible.

I'm glad you are soooo entertained.