Hey Pals, is USAir BEGGING for a merger? Seems like it.

[General Lee]

UPDATE 1-US Air says well positioned if a merger arises

Wed Oct 20, 2010 2:43pm EDT




* Parker sees no near-term deals for US Air
* Sees upside for investors in current environment

WASHINGTON Oct 20 (Reuters) - US Airways Group does not perceive any merger opportunities in the near term, but said on Wednesday it was well positioned to participate in consolidation if the opportunity arises.
Chief Executive Doug Parker told analysts on a conference call that the airline's goal on consolidation was to run as a stand-alone company and be "in a position of extreme strength" with sustained profitability.
"I think there is enormous shareholder value to be created simply by continuing to do what we're doing," Parker said. "There is a lot of room for investors to participate in a lot of upside with the industry remaining at the current state of consolidation." Parker added US Airways would have to be involved if there were any mergers among the remaining four major U.S. carriers -- itself; Delta Air Lines, American Airlines, a unit of AMR Corp, and United Airlines, a unit of UAL Corp.

"The other three cannot do anything without large antitrust problems," Parker said hours after his company reported its largest ever third-quarter profit of $240 million. "But any of the three can do something with us."

US Airways shares were up more than 8 percent following the quarterly results that credited a rebound in business travel demand, stronger revenue and the ability of airlines to capitalize on industry capacity cuts created partly by mergers.

Parker, who created the current US Airways through a 2005 merger involving his former airline, America West, has long been an advocate of industry consolidation.
US Airways held discussions with United before UAL decided to merge with Continental, a deal that just closed. (Reporting by John Crawley, editing by Maureen Bavdek)



It's like he is saying the above with a WINK....... Too bad he has chaos in the pilot ranks thanks to the Easties, and not as many synergies as he could have had with a good merger. Oh well.

Take it easy GREAT FRIENDS!!!


Bye Bye--General Lee

 

[Erlanger]

We all know it's going to be American/US Air. American has to respond to Delta/Northwest and United/Continental.

 

[Hpilot]

UPDATE 1-US Air says well positioned if a merger arises

Wed Oct 20, 2010 2:43pm EDT




* Parker sees no near-term deals for US Air
* Sees upside for investors in current environment

WASHINGTON Oct 20 (Reuters) - US Airways Group does not perceive any merger opportunities in the near term, but said on Wednesday it was well positioned to participate in consolidation if the opportunity arises.
Chief Executive Doug Parker told analysts on a conference call that the airline's goal on consolidation was to run as a stand-alone company and be "in a position of extreme strength" with sustained profitability.
"I think there is enormous shareholder value to be created simply by continuing to do what we're doing," Parker said. "There is a lot of room for investors to participate in a lot of upside with the industry remaining at the current state of consolidation." Parker added US Airways would have to be involved if there were any mergers among the remaining four major U.S. carriers -- itself; Delta Air Lines, American Airlines, a unit of AMR Corp, and United Airlines, a unit of UAL Corp.

"The other three cannot do anything without large antitrust problems," Parker said hours after his company reported its largest ever third-quarter profit of $240 million. "But any of the three can do something with us."

US Airways shares were up more than 8 percent following the quarterly results that credited a rebound in business travel demand, stronger revenue and the ability of airlines to capitalize on industry capacity cuts created partly by mergers.

Parker, who created the current US Airways through a 2005 merger involving his former airline, America West, has long been an advocate of industry consolidation.
US Airways held discussions with United before UAL decided to merge with Continental, a deal that just closed. (Reporting by John Crawley, editing by Maureen Bavdek)



It's like he is saying the above with a WINK....... Too bad he has chaos in the pilot ranks thanks to the Easties, and not as many synergies as he could have had with a good merger. Oh well.

Take it easy GREAT FRIENDS!!!


Bye Bye--General Lee

Yeah, yeah, yeah. Just be thankfull Doug was arrogant enough to pursue Delta. He could have easily beat you guys to Northwest with his bag o' cash.

 

[Captain X]

We all know it's going to be American/US Air.

Good Lord they don't make enough popcorn! That's gonna be fun to watch.

 

[eaglesview]

USAir east still has value and will get picked off. East coast presence, Europe Carribean. Not so sure anyone needs PHX

 

[AceOnTheRiver]

We all know it's going to be American/US Air. American has to respond to Delta/Northwest and United/Continental.

I wonder if AA and Delta will merge since it looks like United and UsAir will merge.

 

[TWA Dude]

USAir east still has value and will get picked off.

Like what happened in 2005? Possibly. Let's wait until it's within days of liquidation again and see which smaller yet solvent airline picks it off.

Funny how you love repeating USAPA's wet-dreams. You're the only FI non-Eastie poster who condones their nefarious actions. What's your motivation? Your grandfather work for them?

 

[cheapgreek]

We all know it's going to be American/US Air. American has to respond to Delta/Northwest and United/Continental.

I don't see what US brings to AA that has value.Incompatible airbus fleet,phl maxed out,piedmont dash 100's near end of cycles,5 years of pilots labor strife,and a low yield phx hub.Clt has some value to bolster east coast,and dca slots would be helpful.

AA has global reach,one world alliance and a large widebody fleet at 120 and 124 757's.Being the 3rd largest airline is not a bad thing.They are starting to fill holes in their domestic route map and still taking deliveries of new aircraft.

Us has the smallest widebody fleet at 26 aircraft,with no more deliveries till around 2014.Stranger things have happened,but I do not see AA wanting US.

 

[TWA Dude]

I don't see what US brings to AA that has value.Incompatible airbus fleet,phl maxed out,piedmont dash 100's near end of cycles,5 years of pilots labor strife,...

AA has had, what, some 20 years of labor strife. C'mon, there's gotta be some compatibility there. Whenever I hear my colleagues complaining about how bad things are over here I tell them at least we're not at AA. (and yes, I still have an AA seniority number)

 

[carl p]

They could always try to snag ALK and become more attractive to the bigger fish. Hopefully for ALK that doesn't happen.

 

[St. Nic]

USAir east still has value and will get picked off. East coast presence, Europe Carribean. Not so sure anyone needs PHX

Can I have an AMEN to that!!!

Yes, USAir will "merge" all right, the east to a major- PHX to Republic. Enjoy your relative seniority boyz!

 

[TWA Dude]

Yes, USAir will "merge" all right, the east to a major- PHX to Republic.

It's funny how you keep repeating this as if it's a negative thing. May it be so; I've no doubt we'll get the better end of that deal.

Enjoy your relative seniority boyz!

If that's how an arbitrator rules then so be it. We actually have the integrity to abide by binding arbitration. In fact, it looks like the Easties are the only pilot group lacking that integrity. Boast a little more about that, why don't you.

 

[nwaredtail]

It's funny how you keep repeating this as if it's a negative thing. May it be so; I've no doubt we'll get the better end of that deal.If that's how an arbitrator rules then so be it. We actually have the integrity to abide by binding arbitration. In fact, it looks like the Easties are the only pilot group lacking that integrity. Boast a little more about that, why don't you.

Can't you just hear the East pilots if they were to merge with American, "I was hired by Piedmont in 1982 and that gives me the right to be Number 200 on the B777!".

 

[FR8mastr]

Can't you just hear the East pilots if they were to merge with American, "I was hired by Piedmont in 1982 and that gives me the right to be Number 200 on the B777!".

And how many triple 7's would that 82 hire be flying with a 5 year fence?

 

[gutshotdraw]

Only the biggest IDIOT CEO in the world would want to merge with or buy the Rosemary's Baby of the airline industry. Oh, wait a tick, we ARE talking about airline execs here. Proceed!

 

[Turtle21]

AA has had, what, some 20 years of labor strife. C'mon, there's gotta be some compatibility there. Whenever I hear my colleagues complaining about how bad things are over here I tell them at least we're not at AA. (and yes, I still have an AA seniority number)

So you got punked by ALPA when AA bought TWA, then AA punked you so you sought employment at AWA, then you thought your salivation (pun intended) had arrived when Nic finally made up for all the mistakes ALPA made. Its a terrible shame that ALPA couldn't get things right the first time.

 

[TWA Dude]

I never met Mr Nicolau so he couldn't possibly know my history.

 

[jws717]

Only the biggest IDIOT CEO in the world would want to merge with or buy the Rosemary's Baby of the airline industry. Oh, wait a tick, we ARE talking about airline execs here. Proceed!

Which one is rosemary's baby? US Air making money or AA still bleeding cash.

 

[alaskaplt]

They could always try to snag ALK and become more attractive to the bigger fish. Hopefully for ALK that doesn't happen.

Sweet mother of god let's hope not. Wouldn't surprise me at all though. Seems as though Delta would step in and take alaska if that were to happen though. But who knows anymore. I could see usairways trying to buy american. Barely seems more ludicrous than them trying to buy delta for $10billion like they tried a few years ago. All I know is the possible scenarios are running out with AS, HAL, Jetblue and lcc all that is left to be merged.

 

[gutshotdraw]

Which one is rosemary's baby? US Air making money or AA still bleeding cash.

Please. USAirways is the worst abortion in the history of the industry. I remember flying Cactus in Phoenix the day the buyout was announced and asking the gate agent what Parker was smoking. He ruined a perfectly good airline when he bought out the most dysfunctional airline in U.S. history. Ask ANY road warrior airline passenger what the WORST airline in the country is and the answer is the same: USAir.

 

[eaglesview]

Like what happened in 2005? Possibly. Let's wait until it's within days of liquidation again and see which smaller yet solvent airline picks it off.

You and your "they were days from liquidating." Being from TWA you should know better. TWA was "going out of business next week," for years.

If you were so solvent why has the West been the side that's shrinking??

 

[TWA Dude]

You and your "they were days from liquidating." Being from TWA you should know better. TWA was "going out of business next week," for years.

Reality clashes with your revisionist view of history.

If you were so solvent why has the West been the side that's shrinking??

Do you know what 'solvent' means? I could tell you but you'll learn it better if you look it up yourself. After you look it up you'll see how your question doesn't make sense.

 

[Scope out RJ's]

Can I have an AMEN to that!!!

Yes, USAir will "merge" all right, the east to a major- PHX to Republic. Enjoy your relative seniority boyz!

Hi Job stealer:
Looks like the only thing US Air east has done for the industry is to keep pay rates down.
Congrats on that!
Now get back to the kitchen and make MCDU some dinner.

 

[Citjok]

Hi Job stealer:
Looks like the only thing US Air east has done for the industry is to keep pay rates down.
Congrats on that!
Now get back to the kitchen and make MCDU some dinner.

And don't forget those pay rates where accepted by ALPA. Yes, the pilot group ratified them, but under the gun that ALPA was holding at their heads. Sounds familiar?.

 

[TWA Dude]

Yes, the pilot group ratified them, but under the gun that ALPA was holding at their heads.

Curiosity is getting the better of me so I gotta ask: what 'gun' are you referring to? I'm dying to know how ALPA forced the US Airways pilots to vote for a contract. Do you think ALPA was also on that grassy knoll in Dallas back in '63?

(And for the record, I don't think the US Airways pilots had much choice. When your company is in bankruptcy you'll give concessions or they'll be forced on you anyway. Of course, they could've gotten a shiny new contract back in 2007 but instead threw a tantrum that continues to this day.)

 

[Metrojet]

AA has had, what, some 20 years of labor strife. C'mon, there's gotta be some compatibility there. Whenever I hear my colleagues complaining about how bad things are over here I tell them at least we're not at AA. (and yes, I still have an AA seniority number)

IF/WHEN Mr. Nic does the SLI for US/AA - which seniority number are you going to request him to use? AA, AWA, US, DOH, Ratio, first day you decided you wanted to be an airline pilot?????????

When he gives you an answer - please let us know, so I can send him a request also! I have a few different seniority numbers too!

Metrojet

 

[St. Nic]

Hi Job stealer:
Looks like the only thing US Air east has done for the industry is to keep pay rates down.
Congrats on that!
Now get back to the kitchen and make MCDU some dinner.

Listen you RJ driver, you don't need to keep embarrasing your self. Are you accusing me of stealing a lowly AWA job? HA HA Get real. They are the bottom of the barrel for so many years- who would ever envy what they have. Nobody, except maybe an jr pilot like you. Seems you have a lot in common mr RJ pilot.

 

[TWA Dude]

IF/WHEN Mr. Nic does the SLI for US/AA - which seniority number are you going to request him to use?
Metrojet

If such a merge should come to pass the arbitrator won't be concerned with pilots like me. Just like the furloughed AAA pilots who were hired at AWA, the higher of the two numbers will be the keeper.

 

[DustyBottoms]

Listen you RJ driver, you don't need to keep embarrasing your self. Are you accusing me of stealing a lowly AWA job? HA HA Get real. They are the bottom of the barrel for so many years- who would ever envy what they have. Nobody, except maybe an jr pilot like you. Seems you have a lot in common mr RJ pilot.

Drink much?

 

[JetMonkey]

Sweet mother of god let's hope not.

If God has a mother, who made her?? Btw, how bout showing a li'l more respect and capitalize that name..