Dartland From United States of America, joined Apr 2005, 637 posts, RR: 2 Posted (5 years 5 months 1 week 1 day 6 hours ago) and read 1664 times:
I'm doing some research on the US/HP merger for an M&A class.
I was hoping some of you might have some documents related to the merger back when it was in the works -- either from the airlines themselves or 3rd party sourcs (banks, consulting firms, etc.). I'm particularly interested in the synergies and assessment of value.
Please private message me if you have any files or post links on this thread if there are sources worth visiting.
Feel free to use this thread to share thoughts / data about the meger now 2.5 years later. I think it's particularly relevant given the DL talk lately. Do you think the lessons from that merger encourage DL? Or perhaps have dissuaded them and they simply are left with no choice?
Please try to limit your comments to facts backed-up by data. Opinions are good also, but at least find something to ground them in!
Jetdude From United States of America, joined Nov 2006, 81 posts, RR: 0 Reply 1, posted (5 years 5 months 1 week 18 hours ago) and read 1484 times:
I know that many here blame the Management for the failure to secure new union contracts. I believe that failure is very much shared with the employees, especially the East pilots. After agreeing to arbitration and than saying no to the outcome, well, how can anyone work with that?
Also, the issue with negotiations is not just happening at US, look to AA to see something similar. The difference is at AA the employees have a little more to stand on seeing that top management has been very happy to receive any kind of financial payback to themselves. Where Doug and partners at US, make less.
With any upcoming merger I believe we will see very difficult negotiations. Looking at DL and NW or UA, in a merger situation with one carrier being union and the other not, with the way AFA works, AFA will automatically want to put DL at the bottom of the seniority list. It doesn't reallly matter to AFA if that is fair or not.
AirCop From , joined Dec 1969, posts, RR: Reply 2, posted (5 years 5 months 1 week 16 hours ago) and read 1424 times:
Quoting Jetdude (Reply 1): I know that many here blame the Management for the failure to secure new union contracts. I believe that failure is very much shared with the employees, especially the East pilots.
After 2 1/2 years you would think someone on the East side would come to their senses?
When the 340's and 332 arrives, is there anything in writing that management couldn't shift that flying to the west pilots if no new contract is reached?
I guessing you're at Dartmouth, you should have access to everything you need, or your professors must have contacts..
Quoting Jetdude (Reply 1): look to AA to see something similar. The difference is at AA the employees have a little more to stand on
When the pilots went out after the Reno Air purchased, didn't the AA union lose big time in court?
Airmech From United States of America, joined Oct 2001, 73 posts, RR: 0 Reply 4, posted (5 years 5 months 1 week 11 hours ago) and read 1238 times:
There is a active discussion board at usaviation.com board used by both HP and US employees. This will give you a perspective from labors point of view. There have been many interesting documents posted to give you a inside view of the merger. You may want to post your question there also.