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Tilton badly wants his payoff!! UA-USair combo

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geshields

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Jul 9, 2005
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AP source: United, US Airways in 'very advanced' combo talks
Monday April 28, 11:17 am ET
By Dave Carpenter, AP Business Writer Person close to negotiations tells AP that United, US Airways in 'very advanced' combo talks

CHICAGO (AP) -- A person close to the negotiations says United Airlines and US Airways are in very advanced talks with the expectation of announcing within two weeks that they are combining.
The two carriers have stepped up their talks after Continental Airlines Inc. caught United off guard by deciding not to pursue a deal with the Chicago-based carrier.
The source asked Monday not to be named because of the sensitive nature of the talks.
A United spokeswoman has not immediately responded to a request for comment.
A US Airways spokesman says the carrier does not comment on rumors or speculation about consolidation.
 
This just seems way too desperate to me. This is scary stuff from Tilton. It seems like he wants to merge with ANYONE. The CAL mgt team must have had some very good reasons to decide not to pursue this merger. USA is still finding it hard to make their last merger work. How will this help?
 
ATRCA said:
This just seems way too desperate to me. This is scary stuff from Tilton. It seems like he wants to merge with ANYONE. The CAL mgt team must have had some very good reasons to decide not to pursue this merger. USA is still finding it hard to make their last merger work. How will this help?
Click to expand...


CNBC said Titlon was "Blind-Sided" Sunday when Continental walked away from the deal. Now just 22 hours later UAL is in advanced talks with LCC???

Its as if Tilton said..."Oh sh!t...what do I do now?"
 
Tilton wants his payday before the whole thing implodes. After that, he'll be sitting on the beach with a cold cocktail.

U and UAL are like two trains coming from opposite directions on the same track. You know how it's going to end.

The senior execs are like guys that set fire to their own businesses to get the insurance money. The biz is ruined and the employees out of a job, but they walk away with the cash.
 
Tilton knows if he isn't bought soon they will liquidated, they won't even go chapter 11 that is how dick up United is!
 
Tilton has utterly failed everyone, both the stockholders and the employees, yet he'll walk away with his pockets full.
 
We all know why he is in such a rush to merge....

"But Tilton stands to get $11.9 million in compensation if there is a change in control at United, the company said in a regulatory filing Friday."
 
I'm "happily" employed at CAL and hope to retire here, but there was a time when UAL was my clear cut first choice. Things have certainly changed in the last ten years. UAL still has the route structure and hubs to be competitive and profitable, but I don't know if US Airways does anything other than spread load the debts and losses.

I don't know any pilots at UAL, but I wonder how they feel about the new dance partner. In a sick sort of way, I'd actually like to see this go through if only to watch the Easties s**t their pants when ALPA comes back on property.

There are not easy answers in this business, only time will tell who got lucky.
 
I have many great friends working for both of these companys, but that said merging these two is like merging the Titanic with the Hindenburg. I hope for all the pilots of these two that things get better.
 
UAL is keeping Tilton from his golf course... C'mon, the guy used to work for Chevron (oil) where everyone is making HUGE money and he probably misses that.

Tilton wants out. Parker wants to stay in for now. Personally, I don't know why anyone would want to merge with UAL at the moment because it is basically a listing ship:

1. No growth plan (no new airplanes coming on line)
2. No innovative strategy
3. Losing market share to the LCCs (i.e., SWA in Denver)
4. Inefficient fleet very susceptible to oil cost swings (like most legacies)

Exactly how will USAirways benefit from that combination? USAirways and UAL have similar European route profiles - so, they are just adding more domestic capacity which is already threatened by the LCCs. At least DAL and NWA offer complementary international route systems (to offset domestic pricing issues).

Their hubs also seem to overlap in a few key areas (i.e., IAD and DCA and some of the West Coast). I think this situation will result in a blood bath with many cut jobs to reduce overall costs. The point is this: if revenues can't increase too much due to intense domestic competition (SWA, VA, JB and AirTran), costs are going to have to be brought down to provide for a chance for some profit...
 
Doug Parker would know how to run the airline and trim the million supervisors and middle management that UAL doesn't need.
 
777747 said:
Doug Parker would know how to run the airline and trim the million supervisors and middle management that UAL doesn't need.
Click to expand...

BWAAA HAA HAA HAA !!!!!!!!!

That alcoholic can't even run the airline he has now.

Years after his merger, he's still juggling two airlines that aren't the darlings of the industry. AWA should've never hitch thier cart to the U swayback nag.

Had they stayed away, U would have certainly flopped with a big *THUD*. Now, their best move is to rebuff UA and watch them roll inverted and spin into the terrain. By merging all they'd be doing is taking a seat in first class for the ride down.
 

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