General Lee
Well-known member
- Joined
- Aug 24, 2002
- Posts
- 20,442
FlyComAirJets said:You are mixing up eras, Gee Lee. Western 1987 wasn't the basket case headed straight to the bottom like the S.S. DeltaTitanic is. A more accurate comparison would be to compare Delta to Pan Am circa 1991. What airline has the re$ource$ to bail out this mess AND billions (that's with a b) in pension obligations? Uh, I don't think so. Delta will be part and parceled out just like Pan Am was -- the Atlantic division will go here, the Shuttle will go there, and Song will just ... go. Some pilots might go along with the deal, but I wouldn't hold my breath about the pension thing but not to worry, it'll be bailed out like the steel companies were.
Just hang in there, bro', soon your fondest dream will be reaized and we will be completelly separate companies. Then we'll be competitors. I like our chances.
Ha. Mesa will always be cheaper than you guys, and you guys will eventually work for JO or somebody like him. That is your future. As far as parceling DL, NAH, doubtful. You don't know much about the Western Airlines deal do you? I hear about it every once and awhile from actual ex-Western pilots who moved to ATL. They say they took 40% pay cuts and then almost filed for Chap 11, until DL came in and bought THE WHOLE THING. Grinstein will likely do the same thing. He is staying around to ensure that we have a future, not to be chopped up. He really isn't getting paid much either, and his wife wants to get back to SEA, but he has said repeatedly that he would stay until the end of next year--2006.
As far as Comair becoming our "competitor"----oooh, that scares me, NOT. Your new owner will think that your "high costs"(read wages here) for a regional (you are a regional remember, not a Major) will have to be trimmed to become "competitive." You will get bought by Expressjet or Mesa, and then be their "Biatch." Wait, they may buy you to actually get some "God-like pilots" in their mix...... Yeah right. Just remember what Palumbo says "We haven't failed to plan, and we aren't planning to fail." Keep saying that in your head. He also keeps saying "core asset sales". Say that ten times fast please.
Grinstein, at "In Command" this week (a meeting with management and new captains) alluded to the fact that if we do go Chap 11 the pensions would be dropped (gone) in order to line up new lenders. I think he knows what is going on better than you do. But hey, you do know your Pan Am history......And, Song is actually our best product---according to Reader's Digest. But, you already new that. I think Comair and the CRJs were a close 25th. (bottom 50 during last Xmas)
Bye Bye--General Lee
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