Business Week: Let UAL liquidate

[lowecur]

Thought provoking article, and one that places much of the blame for UAL's present position with their pilot group. Mgt is just as at fault, so the move to get Tilton out has it's merits.

The FAA is concerned with the mess around NYC airports. If UAL were to close shop, just imagine how much of a NE pulldown would be launched moving a/c to ORD, DIA, IAD, SFO, SEA and LAX. Gridlock solved in one fell swoop.

imp:​

http://www.businessweek.com/magazin...19.htm?chan=top+news_top+news+index_top+story​

 

[contrail67]

And it won't happen.

 

[WSurf]

I remember reading the same article about US Airways five years ago! Delta Lowered prices to all the cities US Airways flew to trying to drive the final nail into its coffin. Look what happened there, hell they merged with AWA recovered and tried to freakin by Delta Airlines.

It doesn't look good right now for United, hopefully for the crews this will also turn around.


Good Luck.

 

[Cobraair75drvr]

For alot of my friends sakes I hope not. However, any of us are a few managment blunders from being TU even Southwest(albeit would take some time and a total 180 in culture) and UAL mgmt. seems to be the winners in the blundering regard. Not just the current team but the last few. With UALs route structure, fleet and brand recognition(not to mention the ********************ty wages & benefits via ch11) it should be a powerhouse but zero leadership. As a competitor I shutter at the thought of competing with UAL if they ever got competent leadership. Good luck to you all though as you don't have any leadership at all and good luck to the rest of us if it ever happens.

And it won't happen.

 

[contrail67]

For alot of my friends sakes I hope not. However, any of us are a few managment blunders from being TU even Southwest(albeit would take some time and a total 180 in culture) and UAL mgmt. seems to be the winners in the blundering regard. Not just the current team but the last few. With UALs route structure, fleet and brand recognition(not to mention the ********************ty wages & benefits via ch11) it should be a powerhouse but zero leadership. As a competitor I shutter at the thought of competing with UAL if they ever got competent leadership. Good luck to you all though as you don't have any leadership at all and good luck to the rest of us if it ever happens.

An alliance with CAL is the start...hopefully mgmnt will change in the end. With the right mgmnt team and if a merger happens with CAL they will be a force to deal with.

 

[Yuppyguppy]

soon...

 

[labbats]

Thought provoking article, and one that places much of the blame for UAL's present position with their pilot group. Mgt is just as at fault, so the move to get Tilton out has it's merits.

The FAA is concerned with the mess around NYC airports. If UAL were to close shop, just imagine how much of a NE pulldown would be launched moving a/c to ORD, DIA, IAD, SFO, SEA and LAX. Gridlock solved in one fell swoop.

Call me when the senators in ORD, DIA, IAD, SFO, SEA and LAX let those jobs and industry go bye bye.

 

[~~~^~~~]

I remember reading the same article about US Airways five years ago! Delta Lowered prices to all the cities US Airways flew to trying to drive the final nail into its coffin. Look what happened there, hell they merged with AWA recovered and tried to freakin by Delta Airlines.

It doesn't look good right now for United, hopefully for the crews this will also turn around.

Good Luck.

True. I thought US Air was gone several times.

US Air pulled off that recovery on the backs of their employees. They now need to be paid an industry standard wage.

United is a great airline that has been robbed repeatedly by managers who have no long term interest. Every year the Company pays hundreds of millions to McKinsey Consultanting to manage the airline. McKinsey's interests are McKinsey & Co., not United.

United has the cash to avoid liquidation. Those who lent them the cash might be liquidated.

 

[lowecur]

Call me when the senators in ORD, DIA, IAD, SFO, SEA and LAX let those jobs and industry go bye bye.

Actually when and if a decision to liquidate comes about, the senators won't have much say in the deal. My guess is this will be 3 to 4 years out and the US gov't will be underwater with bailouts of various industries.

The credit markets will dictate many of the decisions in the coming recession, and of course you have to include any positive decision to allow foreign ownership.

imp:​

 

[WSurf]

True. I thought US Air was gone several times.

US Air pulled off that recovery on the backs of their employees. They now need to be paid an industry standard wage.

Whats industry standard wage in this envirnoment we are flying in? Compared to who? Delta? SouthWest?
Let see.... A SouthWest 737 Captain makes more then a Delta 777 or a US Airways 330 Captain. So really, what is Industry Stand Wage?

At this time I wouldn't want to be in neg. for a new contract.

 

[Dieterly]

United is a great airline
.

What's so great about united?

 

[contrail67]

What's so great about united?

If you read what he said this is what he said...not just United is a great airline...quit pulling what you want to out of a statement dude.


United is a great airline that has been robbed repeatedly by managers who have no long term interest. Every year the Company pays hundreds of millions to McKinsey Consultanting to manage the airline. McKinsey's interests are McKinsey & Co., not United.

 

[Furloughed80]

It seems like most UAL guys really want a merger with CAL. I don't know if the feeling is mutual.

 

[PinnacleDude]

Actually when and if a decision to liquidate comes about, the senators won't have much say in the deal. My guess is this will be 3 to 4 years out and the US gov't will be underwater with bailouts of various industries.

The credit markets will dictate many of the decisions in the coming recession, and of course you have to include any positive decision to allow foreign ownership.

imp:​

Now when has being short of cash ever stopped the Federal Government? I agree with Labbats. There ain't no way UAL is going away. It may flounder around like Alitalia, but it ain't going away.

 

[Paul R. Smith]

It seems like most UAL guys really want a merger with CAL. I don't know if the feeling is mutual.

It isn't.