Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > United
United Begins To Sell Off Assets >

United Begins To Sell Off Assets

Search

Notices

United Begins To Sell Off Assets

Thread Tools
 
Search this Thread
 
Old 04-19-2020, 03:18 PM
  #11  
Gets Weekends Off
 
Joined APC: Dec 2007
Posts: 666
Default

Originally Posted by The stillest
No. This analogy is not good at all and causes more fear and panic among the rank and file.

The brand new planes are not like lemons at all. As a matter of fact, United will be flying these “lemons” and getting “juice” from them within a few months - not throwing them away as your analogy implies :/
Alligator closest to the boat bro. We have more airplanes than we need, let alone more that we’ve paid for which are incapable of producing revenue. I’d say it was a savvy move all things considered.
webecheck is offline  
Old 04-19-2020, 06:16 PM
  #12  
I gets to fly
 
Joined APC: Jun 2015
Position: 737 FO
Posts: 91
Default

And cheap max planes for sale for the foreseeable future I would think.
iwannafly is offline  
Old 04-19-2020, 07:31 PM
  #13  
Gets Weekends Off
 
Grumpyaviator's Avatar
 
Joined APC: Nov 2012
Posts: 2,030
Default

Originally Posted by dumpcheck
Oh? I think the 737 MAX meets the definition of a “lemon” quite well.

Selling to lease back? We should simply cancel all remaining MAX orders, and pressure Boeing to facilitate extremely favorable leases.
I think the max is far from a lemon. Two incompetent crews (I know it’s currently xenophobic to suggest third world flight crews aren’t trained well, but it is what it is) failed to fly the airplane during a system abnormality (something simple like reduce to a flyable thrust setting) and the fleet is grounded and the plane subject to more scrutiny than any other in history. You’re naturally gonna find some bugs with that kind of inspection, and yes it should’ve been caught sooner.

The plane is an outdated dinosaur and should’ve been replaced a decade ago, but it’s not a lemon.

Historically the airline and manufacturer would have conspired to throw the crew under the bus, but again that wouldn’t have been politically correct this time. If it had been US crews, they would’ve already called it pilot error, case closed, and the plane never would’ve been grounded.
Grumpyaviator is offline  
Old 04-19-2020, 10:15 PM
  #14  
Gets Weekends Off
 
Joined APC: Nov 2019
Posts: 791
Default

Originally Posted by Grumpyaviator
I think the max is far from a lemon. Two incompetent crews (I know it’s currently xenophobic to suggest third world flight crews aren’t trained well, but it is what it is) failed to fly the airplane during a system abnormality (something simple like reduce to a flyable thrust setting) and the fleet is grounded and the plane subject to more scrutiny than any other in history. You’re naturally gonna find some bugs with that kind of inspection, and yes it should’ve been caught sooner.

The plane is an outdated dinosaur and should’ve been replaced a decade ago, but it’s not a lemon.

Historically the airline and manufacturer would have conspired to throw the crew under the bus, but again that wouldn’t have been politically correct this time. If it had been US crews, they would’ve already called it pilot error, case closed, and the plane never would’ve been grounded.
Amen brother.....Lifetime 737 flyer and what those 2 crews did to themselves, to their pax and ultimately to Boeing is just shy of criminal....What those two airlines did by allowing gross incompetence to rule on any given day is criminal and should be punished with prison time!!!
9mikemike is offline  
Old 04-20-2020, 04:06 AM
  #15  
Gets Weekends Off
 
WarEagle28's Avatar
 
Joined APC: Feb 2007
Position: 737 FO
Posts: 185
Default

Currently oil is at $11
WarEagle28 is offline  
Old 04-20-2020, 05:19 AM
  #16  
Gets Weekends Off
 
Joined APC: Jun 2009
Position: A320 FO
Posts: 383
Default

To be some what fair in the lion air’s crash maintenance played big part.
82spukram is offline  
Old 04-20-2020, 05:42 AM
  #17  
Gets Weekends Off
 
Grumpyaviator's Avatar
 
Joined APC: Nov 2012
Posts: 2,030
Default

Originally Posted by 82spukram
To be some what fair in the lion air’s crash maintenance played big part.

true that.......
Grumpyaviator is offline  
Old 04-20-2020, 06:06 AM
  #18  
Banned
 
Joined APC: Dec 2009
Position: Narrow/Left Wide/Right
Posts: 3,655
Default

Originally Posted by Grumpyaviator
I think the max is far from a lemon. Two incompetent crews (I know it’s currently xenophobic to suggest third world flight crews aren’t trained well, but it is what it is) failed to fly the airplane during a system abnormality (something simple like reduce to a flyable thrust setting) and the fleet is grounded and the plane subject to more scrutiny than any other in history. You’re naturally gonna find some bugs with that kind of inspection, and yes it should’ve been caught sooner.

The plane is an outdated dinosaur and should’ve been replaced a decade ago, but it’s not a lemon.

Historically the airline and manufacturer would have conspired to throw the crew under the bus, but again that wouldn’t have been politically correct this time. If it had been US crews, they would’ve already called it pilot error, case closed, and the plane never would’ve been grounded.
Yes but if were going to allow third world nations to set up and operate LCC's all over the world, the planes need to pretty much infallibly fly themselves otherwise there will be problems.

There is a reason Ethiopian airlines is/was so large, and it's not because Addis Ababa was horribly underserved compared to demand.
full of luv is offline  
Old 04-20-2020, 06:10 AM
  #19  
Gets Weekends Off
 
Joined APC: Feb 2008
Posts: 19,599
Default

Originally Posted by m3113n1a1
Delta started doing this too a few weeks ago. To me it seems like a way to generate a bit of liquidity, but also makes a bankruptcy smoother because they can just cancel the leases via bankruptcy. Also less assets on the balance sheet for the bankruptcy judges to plunder.
People who lease aircraft are not stupid. They fully recognize what you post. Those risks are priced into the lease contracts.
sailingfun is offline  
Old 04-20-2020, 06:24 AM
  #20  
Polyester Pilot
 
sky jet's Avatar
 
Joined APC: Mar 2011
Position: 777 CA
Posts: 513
Default

We've seen this movie before but it was directed by fellows named Ichan, Lorenzo and Wolfe among others. It is a short term fix at best. The names above did it to mine the value out of the airlines before using bankruptcy to rid themselves of the assets that they had leveraged. I believe todays executives are trying to maximize cash on hand but as mentioned above bankruptcy might very well be the end result. The managers will be long gone and the employees will once again be left holding the bag like Ray's Music Exchange in the Blues Brothers.
sky jet is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
sleeves
United
1477
10-20-2019 06:07 AM
Al Czervik
Delta
108
10-20-2019 04:42 AM
thor2j
United
78
04-13-2013 06:59 AM
aileronjam
United
7
07-10-2012 09:35 PM
FlyingW
Major
23
07-13-2009 03:17 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices