m80drvr
Well-known member
- Joined
- Mar 28, 2002
- Posts
- 429
You're right. He left out the government owning a 1/3 of AWA.
I believe those loans were paid back by then
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You're right. He left out the government owning a 1/3 of AWA.
Funny that the guys discounting the truth Denny writes were in Indoc and on probation when the investor funded merger was announced.
Just like a pompous, junior little westie to spout off like that to a fellow aviator with 21 years at his outfit.
He didn't start saying that until months after the merger closed. Different audience then.He also stated time and again that without the merger AWA would have had to file bankruptcy.
Learn the difference between fact and spin. There are several online dictionaries to choose from.As a CEO you don't just stand up and say things like that without truth behind the words.
It doesn't matter where the financing for new planes comes from. I got financing for my house and guess what? It's my house. Just because I had to get a loan doesn't mean I'm in bad shape financially.AWA was accepting new aircraft financed by Airbus at almost 100%. They were replacing older aircraft but some were growth not because AWA wanted or needed to grow but because the financing was so cheap for everyone involved that it was better to give them away rather than not make them.
Nope. The AWA retirements wouldn't have been increasing until 2012-2020. The hiring was because of growth.The hiring was primarily for attrition and retirements and a small percentage was for "growth." To say that AWA was making money to cover it's expenses and debt obligations is blatantly false. Doug Parker has stood before the pilots many, many times and said AWA could not keep operating based on income levels. He also stated time and again that without the merger AWA would have had to file bankruptcy.
Yeah...I'm sure CEOs never lie, mislead, or exaggerate.As a CEO you don't just stand up and say things like that without truth behind the words.
He didn't start saying that until months after the merger closed. Different audience then.Learn the difference between fact and spin. There are several online dictionaries to choose from.
What did I write that was untrue?I am amazed that average AWA line pilots continue to insist they know more about the merger than the CEO or the BOD