Any "Latest & Greatest" about Delta?
01-06-2010, 04:55 PM
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Position: 7ERB, no M88, no 7ER, no A320, NEXT!
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Well, that didn't take long. Love that "career expectations" argument.
Oh no! The voice of reason. Careful or you'll get a blanket party from your buddies.
Again there's your "career expectations" argument.
You know, if we had a real Union, instead of a Association of self-interest motivated MECs, we'd have a National Seniority List and all mergers would be strictly DoH.
Too bad the United gorilla gutted the Merger/Frag policy back in the days when they were trying to screw the USAir guys in their original abortive takeover attempt.
Oh well. If it makes you fellas feel any better, you can have all your widebody flying. The average Alaska pilot hates the idea of a DAL merger like poison.
Oh no! The voice of reason. Careful or you'll get a blanket party from your buddies.
Again there's your "career expectations" argument.
You know, if we had a real Union, instead of a Association of self-interest motivated MECs, we'd have a National Seniority List and all mergers would be strictly DoH.
Too bad the United gorilla gutted the Merger/Frag policy back in the days when they were trying to screw the USAir guys in their original abortive takeover attempt.
Oh well. If it makes you fellas feel any better, you can have all your widebody flying. The average Alaska pilot hates the idea of a DAL merger like poison.
Please explain to me why a guy who had NO CHANCE of flying a WB should slide in on top of me and get that spot because of a merger.
Any pilot who went to AK could have also been hired by DAL.
01-06-2010, 05:01 PM
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There is a thread over in the Merger section. This topic needs more AS guy input, should get it there.
01-06-2010, 05:02 PM
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Position: B-7ER JFK
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Just like I said, could not agree more.
01-06-2010, 05:03 PM
seeing the large hubs...
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Was anyone in MSP to hear Dickson talk today? DeltaNet says the network planning guy talked too.
01-06-2010, 05:15 PM
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Well, that didn't take long. Love that "career expectations" argument.....Again there's your "career expectations" argument......Oh well. If it makes you fellas feel any better, you can have all your widebody flying. The average Alaska pilot hates the idea of a DAL merger like poison.
01-06-2010, 05:17 PM
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01-06-2010, 05:26 PM
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When will we hear something official ref JAL?
01-06-2010, 05:35 PM
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Posts: 282
At last check none of these plans have been touched since the merger (paint, interior). But I keep hearing rumblings that these 755's will be staying through 2010 now...
01-06-2010, 05:50 PM
veut gagner à la loterie
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Off to the merger section, but I think its important to keep both threads going because I just don't want to leave the Clamp Show:
Look at him, he's got his volume I or II or his contract in hand and he's smiling because The Man is ready for anything that cometh his way. Wow. I wonder who and what he's got slated for the show tonight?
Look at him, he's got his volume I or II or his contract in hand and he's smiling because The Man is ready for anything that cometh his way. Wow. I wonder who and what he's got slated for the show tonight?
01-06-2010, 05:54 PM
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Posts: 23,286
From an hour ago... can we still get a JV with JAL if they go all Chapter 11 Japanese style?
Japan Air Falls on 1.13 Trillion Yen Restructuring Costs Report
January 06, 2010, 07:59 PM EST MORE FROM BUSINESSWEEK
Jan. 7 (Bloomberg) -- Japan Airlines Corp. fell the most in a week after the Nikkei said it may take a 1.13 trillion yen ($12.2 billion) restructuring charge in the year ending March and seek a court-led bankruptcy.
Asia’s biggest carrier by sales dropped as much as 8.3 percent to 77 yen in Tokyo trading and stood at that price at 9:46 a.m. The government-backed fund restructuring the airline also wants to reduce its financial burden by 730 billion yen through debt waivers and cuts in pension and bond obligations, Nikkei English News said, without citing anyone.
JAL may cut 10,000 positions over three years under the Enterprise Turnaround Initiative Corp. of Japan’s plan, according to the report. The airline is seeking financing from the state-affiliated fund for restructuring after posting three losses in four years.
“Bankruptcy concerns are escalating,” said Mitsushige Akino, who oversees the equivalent of $450 million in assets in Tokyo at Ichiyoshi Investment Management Co. “There are fewer and fewer investors who think the share price won’t drop toward zero.”
The fund intends to ask JAL’s lenders to waive 300 billion yen in loans and offer a debt-for-equity swap for other obligations, the Nikkei said. It may also provide 300 billion yen of capital, the report said.
JAL spokesman Taro Namba and a spokesman for Enterprise Turnaround both declined to comment on the report.
Japan Air Falls on 1.13 Trillion Yen Restructuring Costs Report
January 06, 2010, 07:59 PM EST MORE FROM BUSINESSWEEK
Jan. 7 (Bloomberg) -- Japan Airlines Corp. fell the most in a week after the Nikkei said it may take a 1.13 trillion yen ($12.2 billion) restructuring charge in the year ending March and seek a court-led bankruptcy.
Asia’s biggest carrier by sales dropped as much as 8.3 percent to 77 yen in Tokyo trading and stood at that price at 9:46 a.m. The government-backed fund restructuring the airline also wants to reduce its financial burden by 730 billion yen through debt waivers and cuts in pension and bond obligations, Nikkei English News said, without citing anyone.
JAL may cut 10,000 positions over three years under the Enterprise Turnaround Initiative Corp. of Japan’s plan, according to the report. The airline is seeking financing from the state-affiliated fund for restructuring after posting three losses in four years.
“Bankruptcy concerns are escalating,” said Mitsushige Akino, who oversees the equivalent of $450 million in assets in Tokyo at Ichiyoshi Investment Management Co. “There are fewer and fewer investors who think the share price won’t drop toward zero.”
The fund intends to ask JAL’s lenders to waive 300 billion yen in loans and offer a debt-for-equity swap for other obligations, the Nikkei said. It may also provide 300 billion yen of capital, the report said.
JAL spokesman Taro Namba and a spokesman for Enterprise Turnaround both declined to comment on the report.
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