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Delta To Discuss US Airways' Bid  
User currently offlineFokkerf28 From United States of America, joined Feb 2004, 152 posts, RR: 1
Posted (7 years 11 months 3 days 22 hours ago) and read 6441 times:
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Looks like things are moving along. Feb 1st is right around the corner.

http://news.yahoo.com/s/ap/20070119/ap_on_bi_ge/delta_bankruptcy_1

65 replies: All unread, showing first 25:
 
User currently offlineDeltaDAWG From United States of America, joined May 2006, 782 posts, RR: 1
Reply 1, posted (7 years 11 months 3 days 22 hours ago) and read 6293 times:

Nothing more than a press release saying that they are obligated to discuss the proposal. Does not mean they are going through with a merger or declining a merger.

I believe the BOD is still opposed but as it says they are obligated to discuss it. That's all.



GO Dawgs, Sic' em, woof woof woof
User currently onlineSLCUT2777 From United States of America, joined Dec 2005, 4136 posts, RR: 9
Reply 2, posted (7 years 11 months 3 days 21 hours ago) and read 6237 times:

Quoting DeltaDAWG (Reply 1):
I believe the BOD is still opposed but as it says they are obligated to discuss it. That's all.

 checkmark  I think they will just ditto they're last official response, being it is a "structurally flawed" business plan:
http://news.delta.com/article_display.cfm?article_id=10487



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineDLPMMM From United States of America, joined Apr 2005, 3602 posts, RR: 10
Reply 3, posted (7 years 11 months 3 days 21 hours ago) and read 6198 times:

Quoting DeltaDAWG (Reply 1):
I believe the BOD is still opposed but as it says they are obligated to discuss it. That's all.

I think the only discussions will be about how to make sure the LCC bid is unsuccessful.


User currently offlineDeltaGuy From , joined Dec 1969, posts, RR:
Reply 4, posted (7 years 11 months 3 days 20 hours ago) and read 6059 times:

US Airways is asking Delta's official creditors committee to support postponing that hearing. It has said that if that condition is not met by Feb. 1, along with several other conditions, it will revoke its bid for Delta.

Hope we can get their crappy offer to expire and them to just leave DL alone.

DeltaGuy


User currently onlineSLCUT2777 From United States of America, joined Dec 2005, 4136 posts, RR: 9
Reply 5, posted (7 years 11 months 3 days 19 hours ago) and read 5980 times:

Quoting DeltaGuy (Reply 4):
Hope we can get their crappy offer to expire and them to just leave DL alone.

After 01/30/2007 when the annual earnings report for Hp/US are released, they will likely be below target dropping the value of their stock, so at that time the offer will tank, and Dougie and company will have to go for something else since they won't have enough to go after NW.



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineDL Widget Head From United States of America, joined Apr 2000, 2100 posts, RR: 5
Reply 6, posted (7 years 11 months 3 days 14 hours ago) and read 5729 times:

Quoting DeltaGuy (Reply 4):
Hope we can get their crappy offer to expire and them to just leave DL alone.

If this one does expire, I expect DP will come back with a slightly more robust third offer. I don't think they're ready to walk away just yet.


User currently onlineSLCUT2777 From United States of America, joined Dec 2005, 4136 posts, RR: 9
Reply 7, posted (7 years 11 months 3 days 14 hours ago) and read 5715 times:

Quoting DL Widget Head (Reply 6):
If this one does expire, I expect DP will come back with a slightly more robust third offer. I don't think they're ready to walk away just yet.

If the HP/US stock starts to tank, it's over:
Big version: Width: 450 Height: 318 File size: 55kb
Pat Bagley, Salt Lake Tribune SLtrib.com

http://extras.sltrib.com/bagley/Archive.asp?Vol=content&Num=30



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineDL Widget Head From United States of America, joined Apr 2000, 2100 posts, RR: 5
Reply 8, posted (7 years 11 months 3 days 14 hours ago) and read 5705 times:

Quoting SLCUT2777 (Reply 7):
If the HP/US stock starts to tank, it's over:

I'll keep my fingers and toes crossed.


User currently offlineWestJetYQQ From Canada, joined Jan 2007, 2987 posts, RR: 5
Reply 9, posted (7 years 11 months 3 days 14 hours ago) and read 5693 times:

Say the merger does go through, where will this new airline rank among American and United?


Will You Try to Change Things? Use the Power that you have, the Power of a Million new Ideas.
User currently onlineSLCUT2777 From United States of America, joined Dec 2005, 4136 posts, RR: 9
Reply 10, posted (7 years 11 months 3 days 14 hours ago) and read 5680 times:

Quoting WestJetYQQ (Reply 9):
Say the merger does go through, where will this new airline rank among American and United?

With all of the divestiture the U.S. Dept. of Justice will likely require, it is hard to say if they will stay ahead of AA and UA in the projected #1 position which they say it will.



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineSunking737 From United States of America, joined Feb 2005, 2058 posts, RR: 9
Reply 11, posted (7 years 11 months 3 days 14 hours ago) and read 5663 times:

Hello to all you DL people, I am behind you 100%.

Keep US Airways away from Delta.

US is screwed up enough right now.

They did not get the IAM contract signed, as they said it would be on Jan.1st.

Management lies to their own employees, so they are lying to you all too.

But stay away from NWA, they are worse then US.

Stay the course and don't merge with anyone.



Just an MSPAVGEEK
User currently offlineWorldTraveler From , joined Dec 1969, posts, RR:
Reply 12, posted (7 years 11 months 3 days 14 hours ago) and read 5630 times:

US' load factor for December was the lowest of any of the majors and at least 4 points below every other carrier. That is bound to affect US' results - esp. since carriers have already noted that Dec. yields were weak because of all the discounting on the east coast.

US hasn't been able to convince DL's creditors to force DL to allow US to perform due diligence despite 2 months since US' first offer and a couple weeks since their heightened offer. The political noise is going to get alot louder in Washington next week as hearings are heard and DALPA will be in Washington in force. US doesn't stand a chance. On top of antitrust issues, DL's creditors that are interested in the long-term viability of the industry know that the kind of debt US is proposing taking on will almost certainly take down DL plus US - and some of DL's creditors are ones that have been burnt twice by US. Washington can see that too. Dougie will be forced to regroup and realize that US' network strategy is just not working - US has had the lowest load factors in the industry for months despite undercutting DL in hundreds of markets on the east coast. CLT is overhubbed which means it can't sustain the capacity it has right now. Oh, and WN will be adding about 40 new flights at PHL in about 6 months.


User currently offlineCactus739 From United States of America, joined Jan 2004, 2450 posts, RR: 30
Reply 13, posted (7 years 11 months 3 days 14 hours ago) and read 5604 times:

Quoting WorldTraveler (Reply 12):
US' load factor for December was the lowest of any of the majors and at least 4 points below every other carrier

Don't put too much importance on load factor.... its what people pay for those seats and how much it costs the airline that matters...



You can't fix stupid.... - Ron White
User currently offlineWorldTraveler From , joined Dec 1969, posts, RR:
Reply 14, posted (7 years 11 months 3 days 14 hours ago) and read 5598 times:

US has consistently trailed the industry in revenue/ASM; lowest LF and bottom tier revenue production don't combine to produce winning results.

THe only reason US/HP has been able to report profits of the levels it has is because it pays people like you, cactus, some of the industry's lowest wages.


User currently offlineARGinLON From Vatican City, joined Jun 2005, 614 posts, RR: 0
Reply 15, posted (7 years 11 months 3 days 14 hours ago) and read 5575 times:

Quoting DeltaGuy (Reply 4):
Hope we can get their crappy offer to expire and them to just leave DL alone

If I am not wrong, what US offered is close to what DL valued itself as part f the reorganazation plan. I assume you work for DL and that's why you sound so bitter about it?


User currently onlineSLCUT2777 From United States of America, joined Dec 2005, 4136 posts, RR: 9
Reply 16, posted (7 years 11 months 3 days 13 hours ago) and read 5520 times:

Quoting ARGinLON (Reply 15):
If I am not wrong, what US offered is close to what DL valued itself as part f the reorganazation plan. I assume you work for DL and that's why you sound so bitter about it?

Just over half of it is in recently issued US stock which might be valued at roughly $55.00 (USD) per share, but has a very poor P-E ratio which makes the price VERY volatile. It could drop like a rock very quickly. So there is more risk to this deal than the HP/US Cactus crowd will ever admit. If it were as good as they claim the creditors would have fallen for it and forced DL into negotiations with Parker and company.



DELTA Air Lines; The Only Way To Fly from Salt Lake City; Let the Western Heritage always be with Delta!
User currently offlineSteeler83 From United States of America, joined Feb 2006, 9268 posts, RR: 21
Reply 17, posted (7 years 11 months 3 days 13 hours ago) and read 5521 times:

Quoting SLCUT2777 (Reply 2):
I think they will just ditto they're last official response, being it is a "structurally flawed" business plan:

When I first saw the article in the Pittsburgh Post-gazette...

"Delta Taking Up US Airways Offer"

I thought, "oh crap," but then I read the article, and the above posts are precisely what is discussed in the article, that the airline still has no interest in a US merger, but will look it over. I still don't think they will shake on this.

Man, I wonder if Howie Mandel is paying any attention???  Wink

NO DEAL!

Quoting WorldTraveler (Reply 12):
and WN will be adding about 40 new flights at PHL in about 6 months.

How do you know that WN will add that many flights in the short term out at PHL. Not that I don't think it will happen or anything; it's just that I haven't heard anything from WN or PHL regarding expansion...



Do not bring stranger girt into your room. The stranger girt is dangerous, it will hurt your life.
User currently offlineCactus739 From United States of America, joined Jan 2004, 2450 posts, RR: 30
Reply 18, posted (7 years 11 months 3 days 13 hours ago) and read 5490 times:

Quoting WorldTraveler (Reply 14):
THe only reason US/HP has been able to report profits of the levels it has is because it pays people like you, cactus, some of the industry's lowest wages.

No need to get personal here. (I don't work for an airline btw....I make a very comfortable living with a very large non-airline company....but that's beside the point.)

All I was saying in my post was that you can't base anything on load factor. Southwest has historically had some of the lowest load factors in the US industry..... but last year they made $499 million... not bad for only filling about 70% of their seats if I remember the numbers correctly.



You can't fix stupid.... - Ron White
User currently offlineDb373 From United States of America, joined Sep 2005, 245 posts, RR: 1
Reply 19, posted (7 years 11 months 3 days 13 hours ago) and read 5458 times:

Quoting Cactus739 (Reply 13):
Don't put too much importance on load factor.... its what people pay for those seats and how much it costs the airline that matters...

That's true, but with all the other carriers reporting weak yields and dissapointing revenue, I doubt US will be able to report any better, unless all the high yielding customers decided to fly US.....(I will reserve my opinion).

Still, now that Gordon Bethune himself has come out and pretty much said the DL creditors are not all gun-ho for this merge it's going to be a difficult sell by Doug.



Keep Delta My Delta
User currently offlineLCFreeman49 From United States of America, joined Jul 2006, 102 posts, RR: 0
Reply 20, posted (7 years 11 months 3 days 11 hours ago) and read 5279 times:

I think US Airways needs Delta, more than Delta needs US Airways. If Doug and I say if, cannot make this happen I think US Airways will be pigeon holed as a domestic carrier with no advantages at all. They have very few international flights and the ones they have are not top shelf routes.

I am not a Delta employee but fly them frequently and can see the changes happening from the attitude to the service. US Airways is a second rate carrier and that is a fact. The Philadelphia hub is an absolute mess right now and there is nothing being done about it.

I think they should look at their house before they go into someone elses.



Thanks For Flying with Delta....
User currently offlineDL Widget Head From United States of America, joined Apr 2000, 2100 posts, RR: 5
Reply 21, posted (7 years 11 months 3 days 11 hours ago) and read 5266 times:

Quoting LCFreeman49 (Reply 25):
I think US Airways needs Delta, more than Delta needs US Airways.

I agree with your entire post with one notable exception. DL does not need US at all. US brings nothing to the table for DL except heartache.


User currently offlineJmc1975 From Israel, joined Sep 2000, 3312 posts, RR: 15
Reply 22, posted (7 years 11 months 3 days 11 hours ago) and read 5247 times:

Quoting DL Widget Head (Reply 26):
US brings nothing to the table for DL except heartache.

And stability to the company for decades to come!



.......
User currently offlineDelta767300ER From United States of America, joined Dec 2003, 2562 posts, RR: 11
Reply 23, posted (7 years 11 months 3 days 11 hours ago) and read 5226 times:

Quote:
Hope we can get their crappy offer to expire and them to just leave DL alone.

Your damn right. The whole "Hostile" takeover pisses me off. They could at least tried to negotiate rather than come in and try to takeover. US Airways will never receive a dime of my money.

KEEP DELTA MY DELTA!

-Delta767300ER


User currently offlineARGinLON From Vatican City, joined Jun 2005, 614 posts, RR: 0
Reply 24, posted (7 years 11 months 3 days 10 hours ago) and read 5182 times:

Quoting SLCUT2777 (Reply 16):
Just over half of it is in recently issued US stock which might be valued at roughly $55.00 (USD) per share, but has a very poor P-E ratio which makes the price VERY volatile. It could drop like a rock very quickly. So there is more risk to this deal than the HP/US Cactus crowd will ever admit. If it were as good as they claim the creditors would have fallen for it and forced DL into negotiations with Parker and company.

Sure but nothing less than DL proposal which relies 100% on a possible scenario post ch 11.

Quoting Delta767300ER (Reply 28):
Your damn right. The whole "Hostile" takeover pisses me off. They could at least tried to negotiate rather than come in and try to takeover. US Airways will never receive a dime of my money



Quoting Sunking737 (Reply 11):
Hello to all you DL people, I am behind you 100%.

Keep US Airways away from Delta.

US is screwed up enough right now.

They did not get the IAM contract signed, as they said it would be on Jan.1st.

Management lies to their own employees, so they are lying to you all too.

But stay away from NWA, they are worse then US.

Stay the course and don't merge with anyone.

I still don't get the "Keep DL my DL" thing. OK most of you are DL employees and surely very concern about your jobs but try to take some distance and make more objective views on this issue. It gets boring and makes no sense otherwise


25 Ca2ohHP : Way wrong. If you'd like me to elaborate (as far as nothing being done), please send me a pm...trust me...PHL is the biggest focus, and has already s
26 Boeing7E7 : Jist of the conversation: "Hey, what do you think of Parkers newest bid?" "He's on crack." Next. And your yields are among the lowest in the indusrty.
27 Cactus739 : Some would consider Dougie's attempts to talk to Delta abouta merger before taking the idea public...an attempt to negotiate. If you're saying I work
28 LCFreeman49 : Everyone seems to think Doug Parker is this great genius, I am here to tell you he is the second coming of Frank Lorenzo. What is next, if he gets Del
29 Post contains links Motech722 : It seems that so many people here are against the US/DL proposed merger, but how many of you have actually looked at the plan? http://www.deltadocket.
30 EvilForce : Wrong! That's your opinion.
31 EvilForce : If they have looked at it, they are using whichever statistics they find convenient to justify their emotional response to this merger. Such informed
32 DLPMMM : The plain and simple business case of why DL should, has, and will spurn Mr. Parker's hostile take-over attempt is that the amount paid is too low wh
33 Floridaflyboy : I admit that my reasons for disliking the merger proposal are largely personal. I have been using Delta for my travel forever, and have grown attache
34 EvilForce : This statement is one of the most honest I've seen. It's ok to not want something because of your own issues ie, it's your employer, you like your el
35 LawnDart : I have to agree with you, to a point. Many of the posts on here are not neutral, but by definition "neutral" would mean you don't have an opinion one
36 Charliejag1 : Well, at least you're not spinning the issue at all . . . I have two words for you . . . Gordon Bethune Don't fire back, just sit tight, we'll find o
37 RobertS975 : The opinions expressed in most posts are not opinions based on the business aspects of the proposed merger, but based either on employment perspective
38 Delta767300ER : Well, What do you want me to do? Sit around and say nothing about a Hostile takeover that could be bad for all of us? -Delta767300ER
39 Ca2ohHP : You know the more I think about it, maybe Parker's plan "B" is actually a marriage with UA. UA's cost structure is closer to US's than it was in 2000
40 WesternA318 : Well, my company has just dumped about $275k into US Airways stock, as I know my upper management is dying tosee the currrent DL go by the wayside, he
41 Post contains images Delta767300ER : It could be but who knows. I would have to agree that a UA/US merger would have the advantage over stand alone Delta. Delta would probably try to go
42 FlyDreamliner : The thing here is, the creditors need a really good reason to give into this deal, because say that the US deal does pay them out a little bit more no
43 Charliejag1 : Agreed, but the key is will Delta be healthy as a standalone carrier? If the creditors don't think that DL will be able to emerge from bankruptcy soo
44 Ca2ohHP : Yeah US has a lot of interior issues on the 333, the older 762's are actually more reliable. While the 333's a nice bird, it's no comparrison to the
45 Post contains images EvilForce : What "interior issues" might that be?
46 Ca2ohHP : F class seat mechanical issues.
47 WesternA318 : In 2006 alone, 122 flights mainline. 2007: 6 mainline
48 SLCUT2777 : I'm not going to fire back, with what I've read about Mr Bethune saying anything isn't positive for Parker or HP/US, since he refers to the DL credit
49 Gigneil : What does that have to do with it being an A330? Nothing. NS
50 Ca2ohHP : Good grief, I was answering a question:
51 ContnlEliteCMH : You mean, aside from a bloated cost structure, too little international capacity, too much domestic capacity, too many wholly-owned regional affiliat
52 Isitsafenow : I'm not sure if Parker is a genius or not but I am convinced you have little knowledge of Frank Lorenzo, Texas Air or its structure which of course,
53 TIA : Still, that has nothing to do with the A330. According to you, the A330 is not as reliable as the 762 because of F seat problems, but I am sure you k
54 Post contains links Vega : "Congressional lawmakers are concerned.....BUT..." http://biz.yahoo.com/rb/070121/airlines_congress.html?.v=1[Edited 2007-01-22 00:02:23]
55 SLCUT2777 : That has been dealt with in employee wage cuts/concessions, and the fleet has been simplified even further. I think what we've seen as far as domesti
56 ContnlEliteCMH : SLCUT2777, My post was not intended to pass judgement upon Delta's progress since these problems. Indeed, I said nothing to this effect. Clearly they
57 LawnDart : If think you're referring to Delta, and I understand you've clarified your point in Reply 55 to mean that DL used to have these problems (I think). I
58 Columba : IIRC US Airways still has some A330 to be delivered in the next few years before the A350 are scheduled to arrive so I would not say that they have a
59 Post contains images SLCUT2777 : This is what pushed them over the edge and ultimately forced them to file. I think many of those large investors look at the possibility of a DL/NW m
60 Post contains links Jetdeltamsy : You need to look at their route map. USAir has substantial international operations. www.airlineoutemaps.com You're right on those points. Headache,
61 LCFreeman49 : I actually do have a knowledge of Frank Lorenzo and how he operated things. If y ou look at how Texas International Air group was set up as a holding
63 LawnDart : From The Wall Street Journal On-Line (fair use excerpt / edited for length): Also, I reiterate a quote from Doug Parker above: Mr. Parker, who has sai
64 DAL767400ER : If you don't include the 777s both AA and DL have on order... There's still a difference between Low-FARE and Low-COST. Of course, wanting to be a lo
65 Post contains links William : http://biz.yahoo.com/rb/070123/delta_usairways.html?.v=1 Maybe we need to slow down on acting as if this merger is approved.
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