BREAKING NEWS about UAL

[PCL_128]

Let promotion come to those most suited.

In other words, let he who kisses the most ass, get the promotion? Sorry, but no thanks.

 

[spinproof]

In other words, let he who kisses the most ass, get the promotion? Sorry, but no thanks.

When did you become against a$$ kissing? ALPO change their suck up policy? You were the best,man! Wait a minute did your girlfriend Pez solutions tell you to say that?

 

[airbaker]

Would any current UAL'ers care to speculate what DOH the furloughs would reach to, if in fact a full 1200 pilots are in jeopardy?

Good luck to everyone in this #ucked up industry...

 

[ACL65PILOT]

100 jets is a lot to park in six months. Does anyone think that maybe there is an acquisition that may be taking place?
I am not trying to flame here, but Jet Blue would fit the puzzle quite nicely. A320's and their founder walked away a few months ago.
I am sure that Lufthansa would help foot the bill for the merger.

 

[jmreii]

You're quite right about the above statement, but I'm wondering if Pan Am Sh!t on thousands of qualified applicants during the hiring process, while hiring some of the most incompetent dou che bags in aviation because of their skin color or the size of the VA J J. How many PFO's does united have?

I am sure pan am messed over qualified applicants since they had trouble explaining many of their 707 accidents that involved sub-standard crews.

 

[Violet]

Left a good paying job for my "dream job" at United, just got my airbus type yesterday and now I have to plan for furlough. What a screwed up industry we are all in. What good will my new airbus type do for me when all these carriers are cutting flights and no jobs will be available? Being in the bottom 25 at United, probably won't be called back for 3 years. What a great career to look forward to!!!!

 

[Hair-on-Fire]

Left a good paying job for my "dream job" at United, just got my airbus type yesterday and now I have to plan for furlough. What a screwed up industry we are all in. What good will my new airbus type do for me when all these carriers are cutting flights and no jobs will be available? Being in the bottom 25 at United, probably won't be called back for 3 years. What a great career to look forward to!!!!

Got furloughed after 9-11 and was 500 from the bottom. Took 5 years to get the initial call back.

Good luck.

 

[RP170]

Left a good paying job for my "dream job" at United

You weren't one of the guys that recently left NetJets for United were you? I bet those guys are really kicking themselves. It's not all about the size of the plane nowadays.

 

[contrail67]

Obviously with the CAL announcement 24 hours after United, there is something going on. This is not just at United and I feel there is something deeper in the works....probably related to a 100 seat market in the end, and an alliance at least.

 

[taxi1wire]

Would any current UAL'ers care to speculate what DOH the furloughs would reach to, if in fact a full 1200 pilots are in jeopardy?

Good luck to everyone in this #ucked up industry...

I'd venture to say that you are looking at DOH's around Mar 99 to the present. I was hired there Nov 98 and I would have approx 1900 below me. I ascertained this info from my stick bud who was furloughed with me back in 2003. He returned to UAL a few years ago, I bypassed and eventually resigned in 2007. He told me of at least 1000 furloughs a few weeks ago with his source being the ORD flight office. This was 2 weeks ago. Looks like they weren't making it up,

Village

 

[eaglesview]

You weren't one of the guys that recently left NetJets for United were you? I bet those guys are really kicking themselves. It's not all about the size of the plane nowadays.

What?!?! size doesn't matter!!!

 

[Black Hawk]

Left a good paying job for my "dream job" at United

What were you dreaming it would be like?

 

[EMB170Pilot]

Is United changing it's name to United Express?

 

[General Lee]

Obviously with the CAL announcement 24 hours after United, there is something going on. This is not just at United and I feel there is something deeper in the works....probably related to a 100 seat market in the end, and an alliance at least.

A United friend of mine said in the ORD crew lounge there is a posting from a UAL 777 crewmember (Capt or FO? Don't know) who had Tilton on one of his ORD--FRA flights lately. He stated point blank that UAL and CAL were going to trim down their fleets, integrate an IT system together while doing the "code share", and then try to merge again in 2 years if oil is lower.


Bye Bye--General Lee

 

[MINIME]

You weren't one of the guys that recently left NetJets for United were you? I bet those guys are really kicking themselves. It's not all about the size of the plane nowadays.

Is that a joke? You're not serious are you? Are there guys out there that left NetJets to go to United in its current form? To each his own, but I'd be shocked to see that if true.

 

[RP170]

What?!?! size doesn't matter!!!

For an airplane? No. We won't go into if it matters in other areas or not.

 

[WSurf]

Is that a joke? You're not serious are you? Are there guys out there that left NetJets to go to United in its current form? To each his own, but I'd be shocked to see that if true.

I know there were a bunch of ex-United guys at JetBlue that left and went back to United.

I bet there kickin themselves in the A$$ about now!

 

[WSurf]

What?!?! size doesn't matter!!!

It's all about Girth!

 

[RP170]

Is that a joke? You're not serious are you? Are there guys out there that left NetJets to go to United in its current form? To each his own, but I'd be shocked to see that if true.

Yes, it's true according to sources on our union message board.

 

[Dan Roman]

Nobody would support DOH as USCABA views it. Sorry but a 20 year reserve FO isn't worth anything more than what it is. Those guys are on crack and are sinking fast.

I was just adding to the point being made that "only ALPA doesn't support DOH" when in fact any real pilot's union (APA SWAPA as well as ALPA) would not support USAPA's view of the world.
These guys have shot themselves in the foot so bad it's ridiculous. They have proven to the world that outside of the cockpit, pilot's need adult supervision, not all of course, but enough to blow any credibility our profession may think they had.

 

[Sonny Crockett]

...Bump

 

[Sonny Crockett]

I know there were a bunch of ex-United guys at JetBlue that left and went back to United.

I bet there kickin themselves in the A$$ about now!

Maybe and maybe not!

JetBLue is not a pretty picture right now either.

 

[bluefin]

I know there were a bunch of ex-United guys at JetBlue that left and went back to United.

I bet there kickin themselves in the A$$ about now!

Remember, a year ago we were all making(airlines) a ton of money. At UAL they were gearing up to hire 600+ pilots, they were interviewing captains for LCA's. When these pilots made the decision to go to UAL, things were looking good. Can't blame them or call them names.

 

[donvag]

Maybe and maybe not!

JetBLue is not a pretty picture right now either.

But we are in a better position than most if not all legacy carriers.

 

[Andy]

But we are in a better position than most if not all legacy carriers.

JetBlue? In better shape than most/all legacies? You're kidding, right? Or do you live on De Nile (not just a river)?

Barger was extremely smart to do the $160M death spiral bond last month. It'll buy the company a LITTLE time.
However, JBLU has traditionally financed on the short end of the yield curve and rolled over their debt on a continual basis. The problem with this is that the cost of funds on the short end of the curve have increased considerably this year. And they're currently spiking again, as the credit markets appear that they will be locking up again.
I would suggest that you take a look at JBLU's 10Q and see how much debt is due for the balance of this year. You will quickly discover that JBLU's cash on hand and the $160M bond offering will fall short of outlays required to service JBLU's debt.
There's a reason why JBLU's been selling aircraft and it's not a favorable one for JBLU's long term health.

 

[meanstreak]

Somebody keeps telling me Jetblue has a $600 million balloon payment coming up this year. Can someone explain what this is, and when or if it's due.

 

[brainhurts]

JetBlue? In better shape than most/all legacies? You're kidding, right? Or do you live on De Nile (not just a river)?

Barger was extremely smart to do the $160M death spiral bond last month. It'll buy the company a LITTLE time.
However, JBLU has traditionally financed on the short end of the yield curve and rolled over their debt on a continual basis. The problem with this is that the cost of funds on the short end of the curve have increased considerably this year. And they're currently spiking again, as the credit markets appear that they will be locking up again.
I would suggest that you take a look at JBLU's 10Q and see how much debt is due for the balance of this year. You will quickly discover that JBLU's cash on hand and the $160M bond offering will fall short of outlays required to service JBLU's debt.
There's a reason why JBLU's been selling aircraft and it's not a favorable one for JBLU's long term health.

Andy,
He is talking in general terms referencing UAL, Frontier, Spirit, Airtran, US Air etc. I know you have done a lot of research and you are a smart guy, but if you are so smart, why did you not get hired by someone else like SWA or Fedex/UPS when you were furloughed by United last time? Everyone was hiring, and you seem to believe you have a crystal ball, so why can't people make generalizations about their airline without you jumping in with your crystal ball which appears to have a blind spot in it?

 

[ATR-DRIVR]

JetBlue? In better shape than most/all legacies? You're kidding, right? Or do you live on De Nile (not just a river)?

Barger was extremely smart to do the $160M death spiral bond last month. It'll buy the company a LITTLE time.
However, JBLU has traditionally financed on the short end of the yield curve and rolled over their debt on a continual basis. The problem with this is that the cost of funds on the short end of the curve have increased considerably this year. And they're currently spiking again, as the credit markets appear that they will be locking up again.
I would suggest that you take a look at JBLU's 10Q and see how much debt is due for the balance of this year. You will quickly discover that JBLU's cash on hand and the $160M bond offering will fall short of outlays required to service JBLU's debt.
There's a reason why JBLU's been selling aircraft and it's not a favorable one for JBLU's long term health.[/quote]

So how is UAL's?

 

[greenbayfan]

I really don't think Andy knows what he's talking about. JBLU sold older aircraft at a profit and took delivery of new aircraft that will incur less maint. expenses. This is all a way of trimming the growth plans and simultaneously lowering costs. It has nothing to do with short term debt....

 

[Ualexpress]

Is that a joke? You're not serious are you? Are there guys out there that left NetJets to go to United in its current form? To each his own, but I'd be shocked to see that if true.

Yep. I knew one guy personally. I also know some from Jetblue and AirTran that went back.