Midwest's ugly situation

[Dizel8]

JB set rates off these

And trust me, many are not proud of that fact!

Recently the 190 at jetblue has seen a "raise", with the stated intent of 100K a year for an E-190 captain. This is based on flying 81hrs a month. Going into the real details is beyond my typing skills, two finger pecking and all, but this will not be the real value on a W-2 in this year, things being what they are.

I am not an MEH pilot, but IMHO, what the company is offering is a lump of coal in the stocking.

The recent crap going on in this industry should more than ever show, that we as pilots are all holding on to the short end of a long stick, and that we, the pilots, regardless of who we work for, are more alike than not. "Yeah, so maybe my penis is bigger than yours, but we are all in the same porno movie, so let's see if we cannot get some more money for our "prowess" "

 

[MINIME]

All pilot groups should tell managemnet to go pound sand when they come knocking for concessions. Even the analysts agree. They have consistently stated that the airlines should not expect employees to provide relief anymore. That door has already closed. They've taken enough and there's no more to give.

If an airline can't survive because of today's pilot salaries, then they got bigger problems than what's being portrayed. Part of that problem should be inept management. Hell, we should be petitioning them to resign their bonuses or resign their positions. Their pick.....

 

[FlyWolf]

FRIDAY, July 11, 2008, 3:59 p.m.
By Tom Daykin</B>


Midwest bankruptcy filing might be near

The corporate parent of Midwest Airlines appears headed toward a Chapter 11 bankruptcy filing, the head of the company's pilots union said today.

Jay Schnedorf, chairman of the Air Line Pilots Association Midwest Airlines chapter, reached that conclusion based on the company's response to the union's proposal on possible wage cuts.

In response, the company issued a statement saying it is "continuing to talk with the union despite claims to the contrary."

"Furthermore, we have been open and transparent in providing information, financial and otherwise, and believe strongly that our proposals are fair and equitable," Midwest Air spokesman Michael Brophy said, in a statement.

The statement didn't respond to Schnedorf's comments about a possible bankruptcy filing.

"An important component of good faith bargaining, in our view, is not negotiating in public," the statement said.

Schnedorf said the union made a proposal that involved wage and benefit concessions totaling "several millions of dollars." The company's response was to "not move one penny toward us at all," he said.

"That's not indicative of a company that's trying to avoid the bankruptcy process," Schnedorf said.

A Chapter 11 filing would give Midwest Air greater power to negotiate new labor contracts with its union flight crews, and craft new terms with its lenders and major creditors. Midwest Airlines and its regional affiliate, Midwest Connect, would continue to operate.

 

[jetflier]

I agree that this could be a "smoke-screen"....to obtain a justice department approval for retaining the control of Midwest.

Management at NWA/TPG may be purposely driving Midwest Airlines into a CH11 situation where in just a few short months, DAL/NWA will be seeking formal approval for the merger.

NWA has said repeatedly that it wants to protect the "heartland", and MKE is a large piece.

IMHO, by driving Midwest into CH11, the DOJ would be willing to allow DAL to save the airline and absorb its operations...

This just smells like a corrupt management driven situation that really doesn't make much sense...

 

[Fly4hire]

NWA has said repeatedly that it wants to protect the "heartland", and MKE is a large piece.

IMHO, by driving Midwest into CH11, the DOJ would be willing to allow DAL to save the airline and absorb its operations...

I'm sure there is no intent to allow AAI back in with a Midwest Ch11

I'm guessing that the strategy is a Ch11 to a Ch7 and simply take only the assets/crews they want and redeploy some DAL/NWA assets to MKE. A Ch7 liquidation makes the integration of remaining staff fall outside of ALPA merger policy.

 

[UALBRAT]

Former Skyway brownnosing backstabbers

I saw a bunch of you losers on WTMJ the other nite so I thought I would reminisce. This is to all the backstabing, brownnosing, donkey kissing, "Richard" sucking pilots that flew at Skyway in the "beginning" and sucked and f#@%ed their way to ME. This is for all the times you ran to Ron K. and ratted on other pilots because they did not drink the koolaid. For all the times you would fly airplanes that were not safe or legal and passed them on to us based in RFD. You all know who you are. Mike J., Mike R., Rustin W., Steve D., Steve Mc., Gary H., Wayne J, Kent B, just to name a few. Your present situation at ME is partial payback for all of the decent Skyway pilots all of you crapped on. The rest of the payback comes when ME is Chapter 13 and you are all on the street. What comes around goes around.

Have A Good Day!

 

[CitationLover]

I saw a bunch of you losers on WTMJ the other nite so I thought I would reminisce. This is to all the backstabing, brownnosing, donkey kissing, "Richard" sucking pilots that flew at Skyway in the "beginning" and sucked and f#@%ed their way to ME. This is for all the times you ran to Ron K. and ratted on other pilots because they did not drink the koolaid. For all the times you would fly airplanes that were not safe or legal and passed them on to us based in RFD. You all know who you are. Mike J., Mike R., Rustin W., Steve D., Steve Mc., Gary H., Wayne J, Kent B, just to name a few. Your present situation at ME is partial payback for all of the decent Skyway pilots all of you crapped on. The rest of the payback comes when ME is Chapter 13 and you are all on the street. What comes around goes around.

Have A Good Day!

Therapy is a good thing. Google your local therapist.

 

[UALBRAT]

Maybe you should

Therapy is a good thing. Google your local therapist.

I took a sanity check 12 years ago and left the airline aspect of aviation for good. It has been rotten since the late 80's. If you are currently furloughed, maybe you should seek therapy and consider another line of aviation or work altogether.

Have a Great Day!

 

[radarlove]

"An important component of good faith bargaining, in our view, is not negotiating in public," the statement said.

...until it suits our purpose.

 

[radarlove]

Management at NWA/TPG may be purposely driving Midwest Airlines into a CH11 situation where in just a few short months, DAL/NWA will be seeking formal approval for the merger.

No way. Those guys are mostly equity investors, they would get killed in a Ch. 11. On the other hand, Texas Pacific might have put some very senior debt in there as well, which would mean they get paid or they get paid.

Does anyone know if TPG gave debt financing, or just made an equity investment? If it's just equity, this tells me they're pulling the plug and walking away.

 

[greenbayfan]

I'm sure there is no intent to allow AAI back in with a Midwest Ch11

Not to mention that Aitran could never afford this deal in the current environment, they can barely sustain their own airline let alone absorbing another. That train has left the station for sure...