Doug Parker on CNBC

[Brazilgun]

http://www.cnbc.com/id/15840232?video=172504817

 

[737 Pylt]

At the Senate hearings Parker said there would be a cut of 10%, but today, on CNBC, he says no personnel cuts? Parker's original offer was 8.4Bil and no more, then he raised it by $1Bil. This weekend the WSJ says USA added $1Bil to the offer, Parker says nothing has been added? Delta and everyone else says there is at least a 33% route overlap, Parker says no. The Senate hates the idea of DAL/USA merger. The "if your making so much money now, why don't you re-instate the pensions" question was classic.

Sounds like this moron is losing credibility!

737

 

[Hpilot]

At the Senate hearings Parker said there would be a cut of 10%, but today, on CNBC, he says no personnel cuts? Parker's original offer was 8.4Bil and no more, then he raised it by $1Bil. This weekend the WSJ says USA added $1Bil to the offer, Parker says nothing has been added? Delta and everyone else says there is at least a 33% route overlap, Parker says no. The Senate hates the idea of DAL/USA merger. The "if your making so much money now, why don't you re-instate the pensions" question was classic.

Sounds like this moron is losing credibility!

737

No. He said there would be no front line employee furloughs. A lot of the managers that are feeding you the kool aid would be gone though. The offer he was referring to was an additional $1billion that was rumored to have been additionally offered. The rumor was unsubstantiated. I don't even know were you get the rest.

 

[737 Pylt]

No. He said there would be no front line employee furloughs. A lot of the managers that are feeding you the kool aid would be gone though.

And just what flavor do they serve in phx?

The offer he was referring to was an additional $1billion that was rumored to have been additionally offered. The rumor was unsubstantiated. I don't even know were you get the rest.

PHILADELPHIA, Jan 28 (Reuters) - US Airways Group Inc. (LCC.N: Quote, Profile , Research) may raise its hostile takeover offer for Delta Air Lines Inc. (DALRQ.PK: Quote, Profile , Research) by $1 billion under certain conditions to win support from Delta creditors, according to a report in the electronic edition of The Wall Street Journal.
Citing people familiar with the matter, the newspaper said US Airways would raise its offer to about $10.8 billion if the official committee of creditors demanded that Delta open itself to due diligence by US Airways.
The committee also would have to ask a bankruptcy judge to postpone a hearing next week on Delta's restructuring plan and agree to support the start of a formal antitrust review, according to the report.
US Airways and Delta could not be immediately reached for comment.

 

[FDJ2]

And just what flavor do they serve in phx?

Perfect, Very well said.

 

[xrated]

And just what flavor do they serve in phx?

.

Are you feeling a little heat there 737 Pylt??

 

[Doug Parker]

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Gen Lee says 737buttpirate's favorite flavor is JIZZ !!




.

 

[Hpilot]

Perfect, Very well said.

And from another kool aid sucker no less.

 

[General Lee]

No. He said there would be no front line employee furloughs. A lot of the managers that are feeding you the kool aid would be gone though. The offer he was referring to was an additional $1billion that was rumored to have been additionally offered. The rumor was unsubstantiated. I don't even know were you get the rest.

The rest of what he said was the overlap. You can't see the huge overlap between the two largest East Coast carriers? That is laughable.


Bye Bye--General Lee

 

[General Lee]

.


Gen Lee says 737buttpirate's favorite flavor is JIZZ !!




.

Let's save this one for the moderators.


Bye Bye--General Lee

 

[400ADude]

The rest of what he said was the overlap. You can't see the huge overlap between the two largest East Coast carriers? That is laughable.


Bye Bye--General Lee

There won't be overlap. You see, the Delta routes that would overlap, well they go to the highest bidder. The bidder being UAL, CAL, Airtan, Southwest etc. Parker takes the money and runs. You get the picture though General. You really do and I can't blame you for being against this thing 100%.

 

[400ADude]

Let's save this one for the moderators.


Bye Bye--General Lee

Tell you what, your buddy 737pylt says things just as worse. I'm just not a snitch and could care less so I don't report it to the mods. Ban both of em then but be equal about it. 737pylt is out of control here just as well.

 

[xanderman]

C'mon

Let's save this one for the moderators.


Bye Bye--General Lee

Are you really gonna tattle? Sticks and stones...

 

[General Lee]

There won't be overlap. You see, the Delta routes that would overlap, well they go to the highest bidder. The bidder being UAL, CAL, Airtan, Southwest etc. Parker takes the money and runs. You get the picture though General. You really do and I can't blame you for being against this thing 100%.

Well, that is kinda funny, since Rigby stated he would be willing to give up most of CLT in favor of ATL. That would really pi$$ off some senior USAir pilots living there. ATL is the most profitable hub in the world, and we are the largest carrier there. Regardless, this is all moot. It will be over soon and we will be stand alone.


Bye Bye--General Lee

 

[General Lee]

Are you really gonna tattle? Sticks and stones...

It's here right now for anyone to look at. I saved it. It sure is classy!

Bye Bye--General Lee

 

[General Lee]

Tell you what, your buddy 737pylt says things just as worse. I'm just not a snitch and could care less so I don't report it to the mods. Ban both of em then but be equal about it. 737pylt is out of control here just as well.

That really was a bit too much. We can debate without getting nasty, usually, right? Right? C'mon.

Bye Bye--General Lee

 

[xanderman]

It's here right now for anyone to look at. I saved it. It sure is classy!

Bye Bye--General Lee

I believe you made some mean-spirited statements directed at me a time or two. Something about slapping someones ass...

You know the old saying; "If you can't take it, don't dish it out."

Andy

 

[Old School 737]

I bet the creditors at least allow/vote or what ever it is they have to do to "open the books" to Parker. The amount of money he is throwing down is too much not to take a look, a serious look at getting some money back. But even if they like the idea of the merger I doubt the Gov will allow it.

 

[400ADude]

That really was a bit too much. We can debate without getting nasty, usually, right? Right? C'mon.

Bye Bye--General Lee

I agree. It doesn't belong here.

 

[400ADude]

Well, that is kinda funny, since Rigby stated he would be willing to give up most of CLT in favor of ATL. That would really pi$$ off some senior USAir pilots living there. ATL is the most profitable hub in the world, and we are the largest carrier there. Regardless, this is all moot. It will be over soon and we will be stand alone.


Bye Bye--General Lee

Naah, those guys will retiring at 60.:crying: Oops I guess it is 65 now. That's another thread though .

General, your guys real threat is the interantional routes you own. You brag about as you should but that is why guys like Parker are gunning for you. They don't care about the domestic overlap. You have the best international routes by far. That is what he wants and others will bid to get those routes. Nobody cares about the domestic overlap, it'll get sold!

 

[Doug Parker]

That really was a bit too much. We can debate without getting nasty, usually, right? Right? C'mon.

Bye Bye--General Lee

Well, 737 has been known to hurl the insults.............

What comes around, goes around.



.

 

[General Lee]

I believe you made some mean-spirited statements directed at me a time or two. Something about slapping someones ass...

You know the old saying; "If you can't take it, don't dish it out."

Andy

Really? I doubt that. I have toned down my behavior a lot. Let's not get nasty, that's all. You can call me what you want, but avoid the nasty stuff.


Bye Bye--General Lee

 

[General Lee]

Naah, those guys will retiring at 60.:crying: Oops I guess it is 65 now. That's another thread though .

General, your guys real threat is the interantional routes you own. You brag about as you should but that is why guys like Parker are gunning for you. They don't care about the domestic overlap. You have the best international routes by far. That is what he wants and others will bid to get those routes. Nobody cares about the domestic overlap, it'll get sold!

400A,

That is another part of this deal that is so crazy. Let's let in more LCCs to compete against! Sounds great, doesn't it? Wow, that is so smart. Let Southwest or someone in to LGA, or give them slots at DCA. How about giving them a new hub at CLT, since you would giving up plenty of gates. Can you see how smart that is, yet?

And, this thing will not go down. The official creditors so far have said nothing, meaning they are waiting for the Feb 1st deadline to pass. Your Doug Parker was contacted by the unofficial creditor committee, which has no say. And, he also told CNBC that Feb 1st was the deadline. Will he go back on that? Probably. He is losing plenty of credibility, even with the AWA unit of ALPA.

Yet another problem with what you say is the domestic overlap---to small communities. I guess you didn't hear the Senators grill Parker on possibly losing service or cut back service to their small towns, you know, the ones Southwest would never go to (like Florence, SC)? Sen. Rockafeller, from WV, was very much against this takeover it seemed, if you watched how he slammed your boss. Nobody in the Senate or Congress (scheduled for a Feb 15th hearing) likes this takeover, and even John McCain, from AZ, said nothing in that hearing, and left early. Oooops.


Bye Bye--General Lee

 

[General Lee]

“The Federal government shouldn’t allow a company that dumped its pension responsibilities buy another,” said Lautenberg. “US Airways should take care of its employees before taking over another airline.”



In a letter from Senator Lautenburg, and co-signed by 4 other Senators. I agree, don't you? Maybe they will write a bill covering this?


Bye Bye--General Lee

 

[Marko Ramius]

400A,

That is another part of this deal that is so crazy. Let's let in more LCCs to compete against! Sounds great, doesn't it? Wow, that is so smart. Let Southwest or someone in to LGA, or give them slots at DCA. How about giving them a new hub at CLT, since you would giving up plenty of gates. Can you see how smart that is, yet?

General,

Doug could care less about that. Look at his background and it makes sense why. AmWest shares both of it's hubs with WN, and has done just fine during Parker's term. It was one of the things he said about the merger with UsAir-he wasn't afraid of WN or any other LCC and didn't mind taking it to them where appropriate. I'm sure many thought he was nuts when he lowered all of those fares after the merger on the east coast, but it's worked. I can see your objection to his opinion coming from an airline that relies heavily on the principle(s) of fortress hubbing, just stating that giving up assets to WN isn't something he would be losing sleep over.

If he gets the chance, what will be funny is when he tries to hand over assets to United. While I certainly don't read as much as you or others on this thing, I haven't seen anything from UsAirways' about what alliance the 'new' Delta would be in. He's probably hedging to play each alliance off one another, but I bet he wants to stay in Star. Lufthansa and BMI aren't as big as Air France/KLM but it's close enough when you add in DL and US Euro routes. The big plus would be Star's greater strength in the Pacific where Delta is weaker, the complete dominance of west coast traffic thru PHX/SLC/LAS/DEN/LAX/SFO even PDX/SEA to a degree, and the pull of traffic away from NW through CVG/ORD. Everyone(gov't/newspapers) is so busy focusing on the east coast overlap, I wonder if anyone has considered the fact that of the airlines that could get divestitures three are already linked up in SkyTeam and two are in Star. Worse yet if DL/US goes down and UA/CO does as well, SkyTeam could quickly be left with only NW in the US. Something tells me that this isn't lost on Parker, and that this is one of the reasons he's willing to divest.

 

[General Lee]

General,

Doug could care less about that. Look at his background and it makes sense why. AmWest shares both of it's hubs with WN, and has done just fine during Parker's term. It was one of the things he said about the merger with UsAir-he wasn't afraid of WN or any other LCC and didn't mind taking it to them where appropriate. I'm sure many thought he was nuts when he lowered all of those fares after the merger on the east coast, but it's worked. I can see your objection to his opinion coming from an airline that relies heavily on the principle(s) of fortress hubbing, just stating that giving up assets to WN isn't something he would be losing sleep over.

If he gets the chance, what will be funny is when he tries to hand over assets to United. While I certainly don't read as much as you or others on this thing, I haven't seen anything from UsAirways' about what alliance the 'new' Delta would be in. He's probably hedging to play each alliance off one another, but I bet he wants to stay in Star. Lufthansa and BMI aren't as big as Air France/KLM but it's close enough when you add in DL and US Euro routes. The big plus would be Star's greater strength in the Pacific where Delta is weaker, the complete dominance of west coast traffic thru PHX/SLC/LAS/DEN/LAX/SFO even PDX/SEA to a degree, and the pull of traffic away from NW through CVG/ORD. Everyone(gov't/newspapers) is so busy focusing on the east coast overlap, I wonder if anyone has considered the fact that of the airlines that could get divestitures three are already linked up in SkyTeam and two are in Star. Worse yet if DL/US goes down and UA/CO does as well, SkyTeam could quickly be left with only NW in the US. Something tells me that this isn't lost on Parker, and that this is one of the reasons he's willing to divest.

The reason he doesn't GET IT is because he has never had to give up slots before. The legacy airlines have built most of the terminals (or at least renovated them), paid for the slots, and have created strongholds at some of the busiest airports in the US. Doug doesn't seem to understand, or care as you say, that allowing in better funded competition (like SW in PHL) will lead to your demise. Those airports like LGA and DCA are right now our best profit centers, primarily because we have most of the slots and gates. This is obvious to everyone except Parker. That is why a merger with NWA instead of US would be better for DL, since there would be no assets sold at any of those airports, since NW and DL do not compete directly to any cities from them. The best example is SWA in PHL. They came in, started to grow, and US is feeling it big time. The same will happen if they get into LGA or DCA.


Bye Bye--General Lee

 

[Draginass]

Like the rest of the airline CEOs, if his lips are moving, he's LYING.

How many times do we have to get lied to before we "get it." Lying, giving out conflicting info, obfuscation, etc are all corporate tools to deceive the public.

 

[Hpilot]

The reason he doesn't GET IT is because he has never had to give up slots before. The legacy airlines have built most of the terminals (or at least renovated them), paid for the slots, and have created strongholds at some of the busiest airports in the US. Doug doesn't seem to understand, or care as you say, that allowing in better funded competition (like SW in PHL) will lead to your demise. Those airports like LGA and DCA are right now our best profit centers, primarily because we have most of the slots and gates. This is obvious to everyone except Parker. That is why a merger with NWA instead of US would be better for DL, since there would be no assets sold at any of those airports, since NW and DL do not compete directly to any cities from them. The best example is SWA in PHL. They came in, started to grow, and US is feeling it big time. The same will happen if they get into LGA or DCA.


Bye Bye--General Lee

Southwest often finds other ways of getting a foot in the door. Sometimes they bypass a major hub all together by having a satellite. The ability to compete against Southwest has to involve more than blocking them out of a certain airport otherwise you're just postponing the inevitable, your eventual demise. The only way to beat them is to offer a superior product at an equal or better price. Delta has the ability with the right management(not saying ours, but definitely not current) to do this.

 

[slaquer5]

Southwest often finds other ways of getting a foot in the door. Sometimes they bypass a major hub all together by having a satellite. The ability to compete against Southwest has to involve more than blocking them out of a certain airport otherwise you're just postponing the inevitable, your eventual demise. The only way to beat them is to offer a superior product at an equal or better price. Delta has the ability with the right management(not saying ours, but definitely not current) to do this.

that is 100 % correct but the General will not see that until he atleast gets to High School. I am guess thats about 3 more years.

 

[General Lee]

Southwest often finds other ways of getting a foot in the door. Sometimes they bypass a major hub all together by having a satellite. The ability to compete against Southwest has to involve more than blocking them out of a certain airport otherwise you're just postponing the inevitable, your eventual demise. The only way to beat them is to offer a superior product at an equal or better price. Delta has the ability with the right management(not saying ours, but definitely not current) to do this.

Giving up our best assests to satisfy the DOJ would quicken the demise. As far as Southwest going to outer cities (like Manchester, NH and Long Island Islip), there aren't as many out there left. I thought they might go into COS, but then they went back into DEN and will have about 100 flights a day soon. Can you come up with another smaller city that Southwest could use since a major city is not available? Macon, GA? Too small. Give me an example please.



Bye Bye--General Lee