Sponsor Message:
Civil Aviation Forum
My Starred Topics | Profile | New Topic | Forum Index | Help | Search 
UA To Be "guiding Light" For DL, NW  
User currently offlineHoya From United States of America, joined Jun 2004, 412 posts, RR: 0
Posted (9 years 1 month 1 week 23 hours ago) and read 3952 times:

Hello all,

Just came across an interesting article on MSNBC. It basically says that UA's bankruptcy process will be the model DL and NW will try to pursue, calling UA at one point the 'bankruptcy leader.' Some facts they list from UA's bankruptcy:

10 fleet types reduced to 5
UA fleet reduced from 567 to 455
Half of passenger revenue is from international routes

Also, one analyst predicts that NW's bankruptcy will be similar to US's first one, meaning NW should emerge in about 8 months.

http://www.msnbc.msn.com/id/9369497/


Hoya Saxa!!
3 replies: All unread, jump to last
 
User currently offlineAirRyan From United States of America, joined Mar 2005, 2532 posts, RR: 5
Reply 1, posted (9 years 1 month 1 week 23 hours ago) and read 3914 times:

Quoting Hoya (Thread starter):
Also, one analyst predicts that NW's bankruptcy will be similar to US's first one, meaning NW should emerge in about 8 months.

I would agree that NW will be the first to emerge between they and DL but unlike US's first Ch11 filing NW will not be back in BK court anytime soon after that.

As for the rest of the article I agree - both will be able to take the lessons learned from UA's Ch11 filing and make effienct use of the legalities available to them. I think DL will emerge perhaps a little sooner than UA and while there is a chance they don't come out I think it is slim. NW is in a much stronger posistion entering into Ch11 here and think they will be one of the strongest airlines upon emergence out of the BK protection.


User currently offlineSrbmod From , joined Dec 1969, posts, RR:
Reply 2, posted (9 years 1 month 1 week 18 hours ago) and read 3794 times:

Oh so they'll spend about three years before emerging from CH. 11 protection?  duck 

Quoting Hoya (Thread starter):
Also, one analyst predicts that NW's bankruptcy will be similar to US's first one, meaning NW should emerge in about 8 months.

And will they follow US's path and file again in a year or so?  duck 

In all honesty, holding UA up as the example to follow is not too clever. While some of the things they are doing can serve as a model for them, some of the bankruptcy law reforms (especially for corporations) can be attributed to United's protracted bankruptcy. Typically, if a company in most industries stays in CH. 11 more than 18 months, CH. 7 soon follows.


User currently offlineStevenUhl777 From , joined Dec 1969, posts, RR:
Reply 3, posted (9 years 1 month 1 week 17 hours ago) and read 3740 times:

Quoting Hoya (Thread starter):
Just came across an interesting article on MSNBC. It basically says that UA's bankruptcy process will be the model DL and NW will try to pursue, calling UA at one point the 'bankruptcy leader.'

In more ways than one, United Airlines is a true pioneer and trailblazer in the airline industry. To quote the license plate frame: lead, follow, or get out of the way... Wink

Quoting Srbmod (Reply 2):
And will they follow US's path and file again in a year or so?

Depends all on the cardinal rule of Ch. 11: Don't leave a penny of potential cost savings on the table. Don't leave a day too early or a day too late. How you determine when that day comes depends on how well you know your (and that of your competition) business... Wink

Personally, as a life-loyal UA fan, I'm cheering 110% for Delta !!!!!


Top Of Page
Forum Index

This topic is archived and can not be replied to any more.

Printer friendly format

Similar topics:More similar topics...
UA To Air "Today's Military" Short Film On IFE posted Sat May 6 2006 19:43:17 by 777fan
DFW And SLC "real" Hubs For DL? posted Wed Dec 31 2003 13:28:08 by AirGabon
SIA Charman: "A Lot Of Ground To Be Made Up" posted Fri Jun 28 2002 14:27:35 by Singapore_Air
Anyone Going To Be At EWR On 6/28 For SQ22? posted Sat Jun 26 2004 19:15:53 by COEWRNJ
Poll To Bring Back Late 90's Livery For DL posted Sat Apr 28 2001 06:43:46 by 767-332ER
Denver To Be Hub For "Starfish" posted Wed Sep 17 2003 18:48:10 by FlyCMH
"Activists" Pushing For ATL To Be Re-named posted Tue Jun 24 2003 05:43:24 by Tu154m
NW And The "soon To Be Old" DTW Terminal posted Wed Oct 10 2001 22:51:31 by Phatfarmlines
SAS Fly Your Kids To Northern Sweden For "free"? posted Thu Jul 6 2006 00:23:06 by Robbie86
FI: Embattled Airbus A350 Rethink To Be "Dramatic" posted Mon May 8 2006 10:00:34 by Leelaw