Freshlove1 From , joined Dec 1969, posts, RR: Reply 8, posted (9 years 4 months 1 week 4 days 3 hours ago) and read 11477 times:
This I believe this is a totally false report. We are doing just fine. This is once again upper managements way of putting fear into the employees so they will take the cuts. If US does go back into Ch.11 it will be to break the unions contracts and re-do the pay structure. Unfortunately one way or another the pay-cuts will come. It's just hard to say what road everyone will take to get it done. The pilots are talking about a pay-cut so I have no idea where the assumption about resistance by them is coming from. The Unions will hold out until the last minuet and then come to some sort of deal. Everyone knows what is on the line here. Unfortunately some of you would love to see US go under, but it is not going to happen, sorry to rain on your parade. In this industry every airline will at some point be in a situation like this and will have to re-do their business plan to succeed. Look at CO and HP for examples.
John From United States of America, joined Sep 1999, 1374 posts, RR: 6 Reply 9, posted (9 years 4 months 1 week 4 days 3 hours ago) and read 11435 times:
YES folks, this is a THREAT(and a ploy) to the employees in hopes that we'll come to our senses! Well...I've taken 2 paycuts already, surrendered some holidays and I only get paid at 75% of my rate when I take a friggin' vacation! PLUS, I was furloughed for nearly 2 years! I've PAID my dues! ENOUGH is ENOUGH!! And BTW, >ADVANCE BOOKINGS<, are very strong and US could very well post another profit for the 3rd quarter, SO...how would that justify another trip into bankruptcy?
AirTran737 From United States of America, joined Apr 2004, 3662 posts, RR: 13 Reply 10, posted (9 years 4 months 1 week 4 days 2 hours ago) and read 11308 times:
Hey why don't you read this article from the USA Today on 8-13-04. ALPA hired an investment banker to look at the books, and he found that US is a sinking ship, listing to the side and filling with water.
7LBAC111 From United Kingdom, joined Jul 2004, 2566 posts, RR: 42 Reply 11, posted (9 years 4 months 1 week 4 days 1 hour ago) and read 11261 times:
With all due respect to you US employees, you all seem to know an awful lot about your companies finances.
Why would US upper management risk the negative fallout that being close to bankruptcy generates? Ultimately people will become fearful that their holiday or honeymoon or business trip may not happen if the carrier goes under, and will stop booking US. This alone will force you closer to extinction.
Take the pay cuts, concessions etc and when the company begins to show profits and returns to its pre 9/11 peak, then you can start to reap the rewards. In the same way CO's employees are now.
Just my two British pence worth.
Debate is what you put on de hook when you want to catch de fish.
SHUPirate1 From United States of America, joined Sep 2003, 3670 posts, RR: 18 Reply 12, posted (9 years 4 months 1 week 4 days 1 hour ago) and read 11193 times:
Well, if the Pilots think that US Airways is a sinking ship, then they BETTER get to the bargaining table and take some paycuts...I have this for a question though...if US Airways goes the way of the dinosaur, would the Star Alliance Silver status that I have achieved (through being US Airways Silver Preferred) still apply, or would I be between a rock and a hard place in that respect?
Burma's constitutional referendum options: A. Yes, B. Go to Insein Prison!
FRA2DTW From Germany, joined Feb 2004, 322 posts, RR: 0 Reply 14, posted (9 years 4 months 1 week 4 days 1 hour ago) and read 11054 times:
The impact of US disappearing from the aviation scene would be short-lived. Several other airlines have contingency plans to fill the void quickly, especially relatively healthy competitors like WN, CO, NW, even Delta and American, to serve the East Coast. The employees would be most affected, of course, and would be paying the price for management incompetence and union arrogance. But that's the free market system and George W is telling us that new jobs are being created all the time - at McDonald's.
AZjetgeek From United States of America, joined Jul 2004, 235 posts, RR: 2 Reply 15, posted (9 years 4 months 1 week 4 days 1 hour ago) and read 10996 times:
I would tend to believe both Freshlove1 and John in this matter. First, US employees have taken pay cuts and other concessions over the past three or four years. Those of you who say these people should take more cuts may not be aware of this. But if you are and still insist that taking more cuts is the way to go, perhaps you should walk in their (US employees) shoes first.
There's an old saying about going to the well once too often. US management is falling right in line with that phrase. I think it's past time to think that pay cuts will save this airline. As much as it weakens US' standing at PIT, cutting flights from there to 20 destinations was a step in the right direction.
Management might also want to consider streamlining their fleet. Take a look at their website with special consideration given to their fleet. They have entirely too much duplication, especially among their RJ's and turboprops.
Another questionable move this airline recently made was expanding its international flights out of CLT. If you're cutting domestic service, how can you justify international expansion? Is it pure speculation that they'll turn a profit on those flights out of CLT? I would say so. It's a gamble and management seems to be willing to play with their employees' pay.
ClipperNo1 From Germany, joined May 1999, 671 posts, RR: 2 Reply 16, posted (9 years 4 months 1 week 4 days ago) and read 10933 times:
This story comes up every two weeks now, yet US is still alive.
Add tot that they lately joined Star Alliance. I don't think the Star board would have let them join unless they didn't believe they were able to survive. They are quite picky I think.
How far are we about the topic regarding how much of an US airline's stake can be hold by foreign investors? Some carriers could be happy to jump in and get the extensive east coast network of US.
It sometimes seems to me, that several investors, public or private, want to see a legacy carrier to go down, in order to somehow justify the enormus sums injected into the aviation industry.
"I really don't know one plane from the other. To me they are just marginal costs with wings."Ã¯Â¿Â½ Alfred Kahn, 1977
NIKV69 From , joined Dec 1969, posts, RR: Reply 20, posted (9 years 4 months 1 week 4 days ago) and read 10842 times:
Though I admire your faith in the face of adversity, face it, US is a sinking ship. In a year it will be gone. It has nothing to offer. With WN and B6 growing and changing the face of air travel we are not going to need US anymore, not with old planes and high fares. If you choose to lower your fares you will still die since your debt is too much to overcome. The end is in sight. Nobody here wants to see US go under, but it is going to happen.
AirTran737 From United States of America, joined Apr 2004, 3662 posts, RR: 13 Reply 22, posted (9 years 4 months 1 week 4 days ago) and read 10652 times:
I want to see US fail. There are too many airlines as it is right now. I feel for the employees, but only a little bit. Their employee appointed union leaders are the ones who negotiated the contracts that are now starving the airline of any earned cash. An example needs to be made, and US is poised to be that example.
Nice Trip Report!!! Great Pics, thanks for posting!!!! B747Forever
John From United States of America, joined Sep 1999, 1374 posts, RR: 6 Reply 23, posted (9 years 4 months 1 week 4 days ago) and read 10643 times:
Let's face it, there are some people here that have a HARD ON for US Airways and I have grown tired of all the cynicism. There are currently 2 other "legacy" carriers in financial dire straits right now, so why just POINT the finger specifically at US Airways? Let me give you this scenario to ponder: If your boss told you I'm sorry, but you have to take a $7.00 per hour pay cut, what would YOUR reaction be?