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Delta pilots oppose takeover

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Noserider76

Teahupoo
Joined
Jul 9, 2004
Posts
789
WASHINGTON, Dec 5 (Reuters) - The pilot union of Delta Air Lines Inc. (DALRQ.PK: Quote, Profile , Research) on Tuesday "denounced" an $8.5 billion takeover bid by US Airways Group Inc. (LCC.N: Quote, Profile , Research), saying a US Airways presentation about the offer revealed conflicts that would affect the viability of the merger.
The Air Line Pilots Association, which is on the nine- member official committee of unsecured creditors of Delta, is the first creditor group to publicly oppose the merger after a presentation by US Airways to the committee and Delta management last week.
The union said Delta and its employees were "actively defending" the company against the bid after an initial analysis of the offer revealed significant conflicts with their contract.

Finally. Anti-merger rally Dec 13th in Atlanta. Be there or be square.
 
STOP THE PRESSES!!!! :eek: :eek: :eek: :rolleyes: TC
 
I'm sure most of U/AWA pilots don't want the deal to go through either. Why? So Parker and lawyers, bankers and others make $$$ and a high % of employees getting the pink slip.
 
I'm sure most of U/AWA pilots don't want the deal to go through either. Why? So Parker and lawyers, bankers and others make $$$ and a high % of employees getting the pink slip.

I think your right. It would be cool if both groups got together and showed the money guys what we think about this.
 
You can't blame them, who wants to work for a LCC?
 
Yeah, I'm starting to think this thing ain't gonna happen, but damn it would have been fun to give the General some more sh1t!

Ah well.....
 
WASHINGTON, Dec 5 (Reuters) - The pilot union of Delta Air Lines Inc. (DALRQ.PK: Quote, Profile , Research) on Tuesday "denounced" an $8.5 billion takeover bid by US Airways Group Inc. (LCC.N: Quote, Profile , Research), saying a US Airways presentation about the offer revealed conflicts that would affect the viability of the merger.
The Air Line Pilots Association, which is on the nine- member official committee of unsecured creditors of Delta, is the first creditor group to publicly oppose the merger after a presentation by US Airways to the committee and Delta management last week.
The union said Delta and its employees were "actively defending" the company against the bid after an initial analysis of the offer revealed significant conflicts with their contract.

Finally. Anti-merger rally Dec 13th in Atlanta. Be there or be square.


betcha if they restored the pensions or tossed some significant coin their way,DALPA would fold like a cheap suit.

PHXFLYR
 
Yeah, I'm starting to think this thing ain't gonna happen, but dang it would have been fun to give the General some more sh1t!

Ah well.....

If another airline should outbid LCC or bid for certain routes/gates/airplanes DAL could be broken up into pieces. That will satisfy DOJ, regulators and all the creditors will be ha$$y!! Feel sorry for all the non-union DAL employees. Time will tell!!
 
If another airline should outbid LCC or bid for certain routes/gates/airplanes DAL could be broken up into pieces. That will satisfy DOJ, regulators and all the creditors will be ha$$y!! Feel sorry for all the non-union DAL employees. Time will tell!!

Not gonna be allowed to happen. Just because one guy tries a shady deal doesn't mean the parts are for sale. DL is worth much more to Boeing and the other creditors whole and solo. Once this crappy deal is dead we're back to status quo and the merger train has been derailed.
 
Thread Title: Delta Pilots Oppose Takeover.

Reality: Delta Pilots Don't Have A Choice!

Aren't we a creditor? We're even on the unsecured creditor committee. Yes, we are. We oppose it.


Bye Bye--General Lee
 
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