• NC Software is having a Black Friday Sale Event thru December 4th on Logbook Pro, APDL - Airline Pilot Logbook, Cirrus Elite Binders, and more. Use coupon code BF2020 at checkout to redeem 15% off your purchase. Click here to shop now.
  • NC Software is proud to announce the release of APDL - Airline Pilot Logbook version 10.0. Click here to view APDL on the Apple App store and install now.

What effect at SkyWest/ASA?

USCtrojan

Banned
KolobWestwind
Joined
Feb 26, 2004
Posts
1,942
Total Time
Mucho
From the Majors Board....Discuss. Granted, rumor, but certainly a likely possibility...


UAL Rumor
I have no idea how much truth there is to this.

"Also according to Washington insider law firms, United has retained bankruptcy counsel. (Again) Thoughts are that it will be a Chapter 7 filing possibly as early as late 2009 or early 2010, with most assets going to STAR Alliance partners in such a fashion so as to avoid disruption of the Mileage Plus program (and others), the financial integrity of the STAR Alliance, and allow for transfer of other assets (aircraft, etc.) in such a fashion so as to avoid union “involvement” or interference. United owns very little at this point so it would merely involve termination of leases which is easy in either Chapter 11 or 7. Such transfers could involve number levels below “fragmentation policy” triggers (20%?), and would be done so as to transfer zero or an absolute minimum number (if any) of aircraft related pilots to the surviving airlines. Transfers could also be made to other entities such as the proposed IAD to Madrid outsourced airline. Any such transfers would be made on a seat by seat process as opposed to sen iority with either United or USAir. Neither airline has airplanes that are deemed valuable. Other non-pilot transfers would also be held to a minimum. There probably would be no “merger” in a traditional airline sense. The administration and the “loyal opposition” seem to have accepted that either United, USAir, or both are not survivable entities. Interestingly enough, American is considered to be the next worse off airline. If American were to file Chapter 11, AND attempt to dump its pensions on the PBGC, the PBGC believes that it can go back 5 years and reclaim those pensions paid out to pilots. Highly speculative thoughts, however interesting. These ideas have come from sources that are currently associated with the two carriers in one form or another and admit that their thoughts are “speculative” in nature. Changes to these concepts would change as the political realities come to a head.
 

WalterSobchak

Am I wrong?
Joined
Jan 24, 2007
Posts
1,436
Total Time
40+/wk
My question to our higher-ups at this point has been, "So, uh, how's our relationship with Continental these days?".

All signs seem to point to another UAL BK within the year; the first thing that should go when Ch. 11 is filed: Glenn Tilton. I keep hearing that UAL has a pretty good cash position, which one can assume would be helpful in a Ch. 11 filing, but this is the first time I've heard the words "Chapter 7 filing". Who knows considering Tilton and his cronies seem dead-set on destroying and dismantling the airline.



This message brought to you by the glory and greatness that is Troy's BBQ in St. George, Utah. Holy hell, those ribs were good...
 

Erlanger

Well-known member
Joined
Aug 4, 2002
Posts
1,693
Total Time
13000+
...the first thing that should go when Ch. 11 is filed: Glenn Tilton. I keep hearing that UAL has a pretty good cash position, which one can assume would be helpful in a Ch. 11 filing, but this is the first time I've heard the words "Chapter 7 filing". Who knows considering Tilton and his cronies seem dead-set on destroying and dismantling the airline.

Tilton has to get his multi, multi million dollars before he goes you know. Isn't that the way it works?
 

Gr82Aviate

Well-known member
Joined
Aug 9, 2004
Posts
1,180
Total Time
20000
My question to our higher-ups at this point has been, "So, uh, how's our relationship with Continental these days?".

All signs seem to point to another UAL BK within the year; the first thing that should go when Ch. 11 is filed: Glenn Tilton. I keep hearing that UAL has a pretty good cash position, which one can assume would be helpful in a Ch. 11 filing, but this is the first time I've heard the words "Chapter 7 filing". Who knows considering Tilton and his cronies seem dead-set on destroying and dismantling the airline.



This message brought to you by the glory and greatness that is Troy's BBQ in St. George, Utah. Holy hell, those ribs were good...




Why wait... If Tilton left now they might be able to get their act together and stay out of Ch. 7 or 11 !!
 

JumpersAway

Cruise Bores Me.......
Joined
Nov 5, 2007
Posts
1,222
Total Time
9000++
Truly rediculous. United- who would have thought they would have been in this sad of shape ten years ago? This only affirms my thought and opinion that no airline is safe- total crap shoot when it comes to longevity, employment, and "career expectations". I really hate it for the United guys............
 

crj567

Well-known member
Joined
Sep 20, 2008
Posts
2,052
I am sure all the UAL contracts would be re-bid and would go straight to MESA or PNCL.

-Never a shortage of bottom-feeders.
 

BOX OFFICE

Well-known member
Joined
Mar 2, 2008
Posts
561
Total Time
time
From the Majors Board....Discuss. Granted, rumor, but certainly a likely possibility...


UAL Rumor
I have no idea how much truth there is to this.

"Also according to Washington insider law firms, United has retained bankruptcy counsel. (Again) Thoughts are that it will be a Chapter 7 filing possibly as early as late 2009 or early 2010, with most assets going to STAR Alliance partners in such a fashion so as to avoid disruption of the Mileage Plus program (and others), the financial integrity of the STAR Alliance, and allow for transfer of other assets (aircraft, etc.) in such a fashion so as to avoid union “involvement” or interference. United owns very little at this point so it would merely involve termination of leases which is easy in either Chapter 11 or 7. Such transfers could involve number levels below “fragmentation policy” triggers (20%?), and would be done so as to transfer zero or an absolute minimum number (if any) of aircraft related pilots to the surviving airlines. Transfers could also be made to other entities such as the proposed IAD to Madrid outsourced airline. Any such transfers would be made on a seat by seat process as opposed to sen iority with either United or USAir. Neither airline has airplanes that are deemed valuable. Other non-pilot transfers would also be held to a minimum. There probably would be no “merger” in a traditional airline sense. The administration and the “loyal opposition” seem to have accepted that either United, USAir, or both are not survivable entities. Interestingly enough, American is considered to be the next worse off airline. If American were to file Chapter 11, AND attempt to dump its pensions on the PBGC, the PBGC believes that it can go back 5 years and reclaim those pensions paid out to pilots. Highly speculative thoughts, however interesting. These ideas have come from sources that are currently associated with the two carriers in one form or another and admit that their thoughts are “speculative” in nature. Changes to these concepts would change as the political realities come to a head.

This looks like something Holly Hegemon (sp?) would write. Recall, she predicted UAL would go Ch 7 within a year after 9/11.

I don't see how Star could get UAL's assets since Star isn't an airline, and half of its carriers are foreign (and Lufthansa is the only one with any money).

This whole thing sounds like a far fetched scare tactic put out by UAL management through a third party to scare the union into concessions.
 

Data

Well-known member
Joined
Mar 15, 2002
Posts
2,731
Total Time
6000+
This looks like something Holly Hegemon (sp?) would write. Recall, she predicted UAL would go Ch 7 within a year after 9/11.

I don't see how Star could get UAL's assets since Star isn't an airline, and half of its carriers are foreign (and Lufthansa is the only one with any money).

This whole thing sounds like a far fetched scare tactic put out by UAL management through a third party to scare the union into concessions.

There is no way in he|l that Obama is going to let United fail. There is a rather large connection here, follow me....Obama...Chicago....Chicago....United! Do you see the connection!??
 

crj567

Well-known member
Joined
Sep 20, 2008
Posts
2,052
There is no way in he|l that Obama is going to let United fail. There is a rather large connection here, follow me....Obama...Chicago....Chicago....United! Do you see the connection!??

Yeah- right...

Just wait and see. Airline workers are overpaid and they don't really have hard jobs-at least not in liberal democrats' eyes. You will see no bailout-airline workers have it too easy.

Obama is all about class warfare (the proverbial "one-trick pony.") Just ask anyone on the street what they think you make, and you will find out that you are really rich. People wil also gladly tell you that you don't really work for a living and that your time off amounts to about 3 weeks a month. (We are all just a bunch of overpaid "button-pushers"-except for Scully-of course.)

-Obama will not lift a finger to save a single "rich airline employee." Count on that!
 
Last edited:

Scope out RJ's

Banned
Well-known member
Joined
May 31, 2006
Posts
1,926
Total Time
20,000
I am sure all the UAL contracts would be re-bid and would go straight to MESA or PNCL.

Is that how they do it at Wendy's?

-Never a shortage of bottom-feeders.

Coming straight from the King bottom feeder's pie hole!
 

crj567

Well-known member
Joined
Sep 20, 2008
Posts
2,052
Is that how they do it at Wendy's?



Coming straight from the King bottom feeder's pie hole!


We got something for you to feed on here! Looks a lot like "soft serve," but let's just say it comes from a different dispenser.
 

Scope out RJ's

Banned
Well-known member
Joined
May 31, 2006
Posts
1,926
Total Time
20,000
We got something for you to feed on here! Looks a lot like "soft serve,"

Yeah, one night in the crj567 traile will do that to a person. The term "frightened turtle" comes to mind.

but let's just say it comes from a different dispenser.
We all know about you and your "different dispensers," sicko!
Come on tanker clown, get back to work. I'm sure your boss at Wendy's can't be too pleased with you on the company computer.
 

ohplease!

Well-known member
Joined
Nov 20, 2004
Posts
1,477
Total Time
10K+
Yeah- right...


-Obama will not lift a finger to save a single "rich airline employee." Count on that!
oh contraire! United has a HUGE number of minority employees (particularly pilots). Plus the Chicago connection.....
 

ePilot22

BuyTheTicket~TakeTheRide
Joined
Dec 16, 2004
Posts
903
Total Time
nfinit
Who owns United? Who are the majority stockholders?








eP.
 

USCtrojan

Banned
KolobWestwind
Joined
Feb 26, 2004
Posts
1,942
Total Time
Mucho
Heard United just got a foreign investor. Anybody know about this?

Trojan
 

XPOO

You are now free to...
Joined
Nov 25, 2005
Posts
1,874
The real question is, did they get enough money from this foreign investor to cut all their contracts with Republic? ;)
 

difete

Well-known member
Joined
Jul 29, 2004
Posts
270
Total Time
10K+
It is a shame that a company that pretty much owns amazing busy hubs cannot make a single profit. LAX, SFO, ORD, DEN... Look at Continental, with EWR and IAH and they still pull through.
 
Top