Will UA Sell The Pacific A La Pan Am? — Civil Aviation Forum

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Will UA Sell The Pacific A La Pan Am?

Exusair From United States of America, joined Sep 2000, 684 posts, RR: 0
Posted (11 years 3 months 2 weeks 1 day 23 hours ago) and read 1169 times:

Will UA sell its Pacific operation like PA did in 1986 to stem its losses and revamp its other operations, or will it continue to be a 2 ocean airline?

If it does sell a large portion of its operation, who has the resources to benefit?

4 replies: All unread, jump to last

Spark From United States of America, joined Mar 2002, 431 posts, RR: 0
Reply 1, posted (11 years 3 months 2 weeks 1 day 22 hours ago) and read 1100 times:

I can't imagine them making the same mistake Pan Am made. UA is such a dominant force in the West Coast to Asia market that I can't imagine them selling a bread basket like that. Maybe junking South America, or Europe before Asia.

ILUV767 From United States of America, joined May 2000, 3141 posts, RR: 8
Reply 2, posted (11 years 3 months 2 weeks 1 day 19 hours ago) and read 1034 times:

What crack are you smoking for even considering this? United in the pacific is the bread and the butter of the system. The international pacific operations is a large source of income for United. That is what United relies on.

United isnt really in that bad of shape right now. Even though the cash burn rate is still fairly high (and the new wages to the mechanics isnt going to help), United has dramatically cut costs and still offers a fine product. Maybe it is not what it was, but it is still better than some.

Starting in early april, United will be adding 127 non stop flights a day including a new IAD-LHR departing in the morning with a late evening arrival. Things are starting to look up over at United. Since they have over 7 billion in assets, there is no need for them to sell the pacific ops as that would only hurt their income.

I L U V 7 6 7

Papatango From United States of America, joined Dec 1999, 500 posts, RR: 0
Reply 3, posted (11 years 3 months 2 weeks 1 day 6 hours ago) and read 926 times:

if they have over 7 bil in assets what is their liability/debt

Skyhawk From United States of America, joined May 2001, 1065 posts, RR: 4
Reply 4, posted (11 years 3 months 2 weeks 1 day 6 hours ago) and read 905 times:

Spark-Edward Acker who was the head of PanAm when the Pacific was sold did so simply to line his pockets with cash. No other reason. Purely financial on his part. He chose to rape the company for his own self.

ILUV767-We at PanAm could hardly believe it when we found out that the Pacific had been sold out from under us. Like United, the Pacific was our bread and butter. Rarely could you get on a Tokyo flight as a pass rider because it was so full of revenue passengers. If flights are consistantly full then why did the routes get sold? Like I just said to Spark, it was to fill Ed Acker's pockets. I truly hope that the United employees aren't going to be led down a path that gives them regrets as we had.

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