When is CAL going to bring United guys back

[sniper]

Surviving NAME, not company.

United stockholders bought continental stock by diluting their stock by a few million shares to give to continental stockholders....just like Delta bought NWA.....lets be serious...now

 

[skywdriver]

United stockholders bought continental stock by diluting their stock by a few million shares to give to continental stockholders....just like Delta bought NWA.....lets be serious...now

Since you have decided to nitpick it -

United did not dilute their shares, new shares were issued for a new holding company to both sides. Dilution of shares is when more shares are issued for the same base of assets minus liabilities, ie the same company but more outstanding shares. The holding company of United Continental Holdings now absorbs all of Continental's assets, liabilities, earnings, etc as well as United's. Shares of the former separate companies were surrendered and new shares issued for the new holding company. Since there is no reason to have a conversion rate for both sides, one side gets shares 1 for 1 and the other via some ratio.

The new company, after combination, will be called United, but this was a merger, not an acquisition. There is a big difference. An acquisition means that all shareholders are bought out, as the company they hold shares in is acquired. A merger is a combination of two companies to form a new one (United Continental Holdings) where shares are reissued to reflect the ownership in the new company.

 

[Tonto]

Exactly; a merger. The planes say United, but it is most certainly a Continental paint scheme. A merger of equals, no buyout.

 

[contrail67]

And who cares...They merged BOTH names..United on the front and Airlines on the back...that came from CAL...and HQ is in Chicago...I think you can see who is in final control of this merger.

How bout a JCBA that pays and protects....

I seriously doubt that they will make a guy go to CAL then train them again to go back to United...they can move aircraft around to create the shortage on the United side....its coming.

 

[mamba20]

The reason that the UAL pilots arent being hired is ALPA, plain and simple. I can't wait to vote that POS "union" off property.

 

[ATRCA]

The reason that the UAL pilots arent being hired is ALPA, plain and simple. I can't wait to vote that POS "union" off property.

I'm confused. ALPA asked that they be hired. The company is simply not hiring anyone. The company has chosen to once again short the operation by keeping the staffing exceedingly low. There are no staffing formulas in the contract.

 

[Jetjockey]

The reason that the UAL pilots arent being hired is ALPA, plain and simple. I can't wait to vote that POS "union" off property.

How is ALPA responsible for hiring?? Can you elaborate on this?

 

[whatitdoing?]

If anything, we'll start hiring furloughed United pilots on the CAL side. But, it seems CAL management isn't happy about it because of training costs with those furloughed pilots. There's no plans per the CPO to recall on the United side when it was asked during my GSR class last week. I'm willing to bet the company is going to gamble that we have 'saviors' at this company to get us through the summer. This place needs to be bitch slapped.

 

[Uncle Bort]

Continental is the surviving operating certificate. All United pilots will require retraining/indoctrination. That is all.

 

[FlyForFood_NOT]

There will be sick calls this summer here at CAL.. just watch. Reserves are fed up with the abuse.. Look what just happened in december.. I can't wait.