TWA ALPA lawsuit?

[FDJ2]

(This isn't about any lawsuit so I can speak.)

My, how memories are short. TWA was doing very well operationally in 2000-2001. That's what CEO Compton knew how to do.

I think the issue wasn't so much TWA's operational performance, but rather its poor financial performance. When TWA filed for BK in early 2001, a time when legacy airlines were posting record profits, TWA hadn't been able to post a profitable year since 1988.

http://www.kirkland.com/sitecontent.cfm?contentID=230&itemId=7640

TWA Bankruptcy

"As reported in News & Developments, TWA has filed for Chapter 11 bankruptcy in conjunction with a takeover offer bid from American Airlines, Inc.

Under the proposed deal, American is to pay $500 million and assume around $3 billion of TWA's aircraft lease debts. In addition to this it is advancing $200 million in emergency financing to help get TWA through bankruptcy.

The agreement between TWA and American, which is the second-largest carrier in the United States, is subject to a number of conditions, one of which is approval by the Bankruptcy Court.

TWA hasn't turned a profit since 1988 and has filed for bankruptcy twice before. Reports suggest that the airline lost $115.1 million in the first nine months of 2000 after losing $353 million in 1999. Despite this, TWA was still, in 1999, the eighth-largest carrier, measured by passenger miles, in the United States. The company employs 20,000 staff, and American has pledged to offer jobs to all 17,600 unionized workers, including 2,300 pilots, and to some managers.

A bankruptcy hearing is scheduled for March 9.
Competing bids are required by February 28. If they exceed American's, American will be entitled to a break-up fee of $55 million. Two potential bidders are Jet Acquisitions Group Inc., which intends to keep TWA together along with its employees, with a bid of $1 billion, and Global Airlines Corporation, which has not yet announced a bid figure."

 

[Neubyfly]

I think we all know the answer to that question. But for those who are late getting here yes, yes he did.

But it's ok now he regrets doing it. And he works oh so hard at alpa to atone.

I thought so.

 

[DIAMONDDD]

I think we all know the answer to that question. But for those who are late getting here yes, yes he did.

But it's ok now he regrets doing it. And he works oh so hard at alpa to atone.

How anyone that paid for their training can ever champion the ALPA cause and talk about what is right/wrong with the profession I'll never know. Ten bucks. That's the amount it would take to get a new screen name here and pretend that you weren't one of the ones that help make the profession effing crappier. It would cost ten bucks to have at least a hint of credibility. People could always deduce that a new poster, with so few posts, popped up cheerleading for ALPA would be him, but there may be some small doubt. Either that, or get in a time machine a go back and make the right decisiion.

 

[TWA Dude]

You are correct sir!

Sarcasm noted. You said 'operational' not financial performance. Look up the difference if you know how.

 

[airlineworthy]

What is the dirty laundry?

1.3b. Wow... if you don't BK ALPA and thus get pennies on the dollar, then pilots not even born will fund your pay out. If the profession continues to decline then, less wages will be available to fund your payout.....

ALPA trying to raise wages, but if they spend time and money with your lawsuit that defeats the purpose..... it seems your litigation is biting the hands that feeds.

Too bad USAIR left ALPA, they have taken your money and ran!

What responsibilities does the TWA MEC accept.... waiving their LPP for example.... Also, if ALPA had a goal of bringing in house unions onto the fold, is that dirty laundry? What is the dirty laundry that you speak of...

Finally, were is the APA and AMR is all of this? It would seem AMR has more cash than ALPA....

You're such a tool for ALPO and the LEFT whiners.

 

[airlineworthy]

Sorry, Rez. The TWA guys here have nothing to say.

TC

Good move TC..

You know Rez is faxing this thread daily to the ALPO HQ. He's the kinda of little alpo youth that would do such a thing.

 

[Kalifornia]

The problem with ALPA is that it wants us all to be together as one, but we aren't really all together as one....Either we are ALL together, or we aren't...There is no half way as ALPA seems to want...

Rez talks about "cake and wanting to eat it"....That is exactly what ALPA's problem is....It makes promises it can't deliver with it's current structure..We can't all be "together" and "separate" at the same time...

Sure ALPA sucks, but you'd be better improving it then discarding it. Your other options are independent union, Teamsters, or no union. The Teamsters really make pilots look like bus drivers. Independent unions certainly can be effective if large enough as Southwest proves. You're not gonna like this: ASA does not have enough capital to form an independent union unless your dues were 5%. No union? Good luck. I've talked to a few ALPA officers and I think most are realistic that it's got it's downsides, but the grass is not greener on the other side. It's the particular MEC officers, the company, and the rest of your pilot group that you work for and their ethics that will guide most the ability to obtain the best professional work conditions possible. ALPA National is more of a universal lobbying group, a legal help group, and an insurance company with funds in case you go on strike.

 

[Rez O. Lewshun]

Sure ALPA sucks, but you'd be better improving it then discarding it. Your other options are independent union, Teamsters, or no union. The Teamsters really make pilots look like bus drivers. Independent unions certainly can be effective if large enough as Southwest proves. You're not gonna like this: ASA does not have enough capital to form an independent union unless your dues were 5%. No union? Good luck. I've talked to a few ALPA officers and I think most are realistic that it's got it's downsides, but the grass is not greener on the other side. It's the particular MEC officers, the company, and the rest of your pilot group that you work for and their ethics that will guide most the ability to obtain the best professional work conditions possible. ALPA National is more of a universal lobbying group, a legal help group, and an insurance company with funds in case you go on strike.

Most pilots don't manage their expectations and think ALPA is their everything... in fact when they do nothing to further their own careers or expect others to volunteer while they enjoy personal time, suddenly when their careers come to a crashing halt, they have to blame someone... certainly not themselves... The company and govt doesn't care.... at least ALPA will listen.

When Aloha folded, suddenly a pilot wanted to know what ALPA was going to do for them. The real question is, what have you been doing to prepare your ALPA MEC for this contingency. Airlines mostly go away... few stay. The market demands winners and losers. Most of us are indifferent when a fellow pilot loses his job, but suddenly when its our own job, we want all the market protections, labor protections and insurance out there.... who is going to pay for that?

Keep in mind, a simple question was asked of who is going to pay for this... valid question of where the funds will come from.... from there this thread went south...