CousinEddie

Whether they were rejected or even bothered to apply, it worked out quite nicely for the ones hired at CAL when I was hired at UAL. They are well senior to me now.

untied

I just read their "mission statement". This is pure gold.

"Waaaaa…..we didn't want a merger! United was going to liquidate! Waaaaa, change history!"

Cracks me up.

Bunch of entitled 2005-2006 hires for sure.

Good guys. They provide a nice cushion to keep me off reserve in the left seat!




Our organization was formed because we feel the Air Line Pilots Association stopped representing us, and simply sacrificed us "for the good of ALPA"; that the arbitrators violated the RLA in performing their jobs; and to determine if our company may have colluded with ALPA for the benefit of both.

We felt that we were better off alone, as an independent company, and that our jobs, our careers, and our families lives were sacrificed to save a dying company, which analysts were saying that we would be buying parts of in a 2010 liquidation Filing.

Instead Continental management (the new United mgmt) has used money that would have gone to restoring the investment we made in our company in 2005, and has spent $500 million on refurbishing the broken down antiques of legacy United, with what should have gone to the Continental pilots and fellow Continental employees as Profit Sharing. We will not sit by idly while these things are stolen from us without a fight.

The Legacy Continental Pilots Action Fund, LLC is formed for the purpose of transacting any or all lawful business for which a limited liability company may be organized. The Company shall have all the powers necessary or convenient to effect any purpose for which it is formed.

AllenAllert

I don't know that we could blame this misguided group. Their leadership sold them this philosophy of confrontation to achieve a far deal with the old merger policy. It's evidenced by the actions Pierce pursued outside the current merger policy. It's possible Pierce didn't know the policy had changed. It didn't work but the message continued to trickle down through their LEC's to the rank-n-file.

We watched the attempts down in Houston post JCBA/SLI to manufacture special deals for a select group. Fortunately, they were neutralized and for the most part this type of thinking is in the past.

Maybe this group will donate monies left after legal fees to ALPAPAC.

Dave Fitzgerald

Haa, haaaaa,,.....oh wait...this is real??

SpecialTracking

Wadr, I'll give you 101,262 reasons why this isn't over.

rp2pilot

It must really sting getting slapped to the mat. At $500/hour/attorney, you have enough money to send a short letter to your mommy whining about those mean old arbitrators. If ALPA was smart, they'd just kick all these guys out of the association.

Come back and play anytime

Glenntilton

A buddy of mine got turned down by UAL and Delta. A year after I was hire by UAL, he got on with CAL.

He is now 1000 numbers seniors to me after we bought them.

svergin

It was a merger, not a buyout. Big difference. The two companies came together jointly to form a brand new company.

http://www.nytimes.com/2010/05/03/bu...rger.html?_r=0

cadetdrivr

Except of course, that United Continental Holdings is really the former UAL Corporation that was renamed when the CAL stockholders traded their owned assets (stock) in enhance for payment.

So it's not so new after all, but still a merger nonetheless.

Grumble

It was a buyout disguised as a merger. LCAL stock holders were paid with LUAL stock.

I have no dog in the fight being post merger, but being a numbers nerd I've read the SEC filings to include the 10K's from both sides. LCALS debt trajectory was headed for the stratosphere and LUAL was sitting on billions in cash, and there was almost zero route overlap. From an operational/business standpoint they were made for each other and neither would have survived alone.

You now work for one of the largest airlines in the world, that just made $4b+ last year. Still want your LCAL W-2, profit sharing, contract, career earnings potential, etc?