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I guess the creditors took too much time!

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Wiskey Driver

Return of the Hub Raider
Joined
Aug 31, 2002
Posts
1,308
An Important Message from CEO Doug Parker
US Airways Withdraws Offer For Delta Air LinesJanuary 31, 2007
Dear US Airways Employees,
We received word earlier today that Delta’s Official Unsecured Creditors’ Committee would not be able to meet our demands by the Feb. 1, 2007 deadline. As a result, we have withdrawn our offer to merge with Delta Air Lines. While we are disappointed that the Committee has chosen to ignore its fiduciary obligation to Delta’s creditors, we are excited about our future and proud of our team’s performance during this process.
As a standalone carrier, we have a tremendous future ahead of us. As announced yesterday, we earned over $500 million (excluding special charges) in 2006 and will cut profit sharing checks later this quarter. We expect an even better 2007 and I look forward to
working with all of you to make US Airways an even better airline than it is today.
We have the best team in the business, from our operations team to all of the support and administrative staff. We’re improving on customer service measures, bringing back furloughed employees and hiring new members to our team. Our future is bright.
In closing, I couldn’t be more proud of the professionalism that US Airways employees showed since announcing our proposal over two months ago. Thanks for all your support and encouragement you gave our team during this process. Let’s focus on running the best airline we can and have a great 2007. As always, thanks, too, for taking care of our customers.
 
uh huh...

An Important Message from CEO Doug Parker
US Airways Withdraws Offer For Delta Air LinesJanuary 31, 2007
Dear US Airways Employees,
We received word earlier today that Delta’s Official Unsecured Creditors’ Committee would not be able to meet our demands by the Feb. 1, 2007 deadline. As a result, we have withdrawn our offer to merge with Delta Air Lines. While we are disappointed that the Committee has chosen to ignore its fiduciary obligation to Delta’s creditors, we are excited about our future and proud of our team’s performance during this process.
As a standalone carrier, we have a tremendous future ahead of us. As announced yesterday, we earned over $500 million (excluding special charges) in 2006 and will cut profit sharing checks later this quarter. We expect an even better 2007 and I look forward to
working with all of you to make US Airways an even better airline than it is today.
We have the best team in the business, from our operations team to all of the support and administrative staff. We’re improving on customer service measures, bringing back furloughed employees and hiring new members to our team. Our future is bright.
In closing, I couldn’t be more proud of the professionalism that US Airways employees showed since announcing our proposal over two months ago. Thanks for all your support and encouragement you gave our team during this process. Let’s focus on running the best airline we can and have a great 2007. As always, thanks, too, for taking care of our customers.

Talk is cheap Doogie. Time to pay up!

Andy
 
Yeah, Cindy Crawford ran out of time with me too. After months of asking her out and 300 rejections I finally withdrew my offer. Its to bad Cindy didn't resond favorably to my offer in due time, but I gotta do what I gotta do, that offer is gone.
 

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