Arsenal@LHR From United Kingdom, joined Mar 2001, 7791 posts, RR: 23 Reply 2, posted (10 years 9 months 1 week 2 days 8 hours ago) and read 768 times:
I desperately hope United survives, on my sole flight that i had with UA, it was a memorable experience for me. Forget the grudges and poor inflight service, we're talking about the second largest and one of the most important airlines in the world! Plus, bankruptcy doesn't happen overnight, it takes a long time to fade away, buty i hope this isn't the case. Have faith.
Bucky707 From United States of America, joined Aug 2000, 1028 posts, RR: 4 Reply 3, posted (10 years 9 months 1 week 2 days 7 hours ago) and read 757 times:
**Plus, bankruptcy doesn't happen overnight, it takes a long time to fade away, buty i hope this isn't the case.**
Actually, Bankruptcy can happen overnight. But, getting to the point where you shut down, that can take a long time.
9V-SPF From Germany, joined Sep 2001, 1375 posts, RR: 4 Reply 4, posted (10 years 9 months 1 week 2 days 7 hours ago) and read 746 times:
I´m booked on several Unied flights in September. Do I have to be worried or will they keep on flying for some time, no matter if they file for bankruptcy or not?
Kwsea From United States of America, joined Jul 2001, 113 posts, RR: 0 Reply 5, posted (10 years 9 months 1 week 2 days 7 hours ago) and read 745 times:
As much as it would be a disaster, I cannot see how UA can survive without bankruptcy. It's labor costs are too high and the fares are too low. But people here have come to expect these cheap rates and even the businessman won't pay the high prices they were charging. It is simply impossible for it to make money. Bankruptcy is inevitable.
Arsenal@LHR From United Kingdom, joined Mar 2001, 7791 posts, RR: 23 Reply 6, posted (10 years 9 months 1 week 2 days 7 hours ago) and read 738 times:
Yeah that's what i meant, if UA were to go bankrupt totally where business completely stops, then that takes quite some time, specially a large organisation like UAL.
Jj From Algeria, joined Jun 2001, 1227 posts, RR: 2 Reply 8, posted (10 years 9 months 1 week 2 days 4 hours ago) and read 629 times:
How much time did it take to Pan Am to go banckrupt and suspend all operations? How much did it take for Eastern? I don't know, but if you do, add it seven times and that'd be United's time.
DCA-ROCguy From United States of America, joined Apr 2000, 4402 posts, RR: 38 Reply 9, posted (10 years 9 months 1 week 2 days 2 hours ago) and read 586 times:
United will probably be a long-term survivor, although a trip through bankruptcy almost certainly be required. United's route system is very strong, centered around well-developed hubs at important airports. UA will probably have to "de-peak" ORD and DEN the way AA is doing with ORD and DFW, in order to more efficiently make use of employees and have less down-time. But the hubs themselves will remain, in smaller size.
The silver lining is that de-peaking by both of ORD's major hub carriers should help congestion there, and UA/ AA pax will face fewer delays. The Northwest-suburban NIMBYs have the upper hand in court right now, and the Daley-Ryan reconfiguration plan is in real danger.
I don't know about anyone else, but I'm not inclined to "pee on the grave" of any airline. Yes, we'll lose at least one Cartel-network carrier--US for sure, and an outside (very small) chance we may lose UA. Disruption is always painful to those involved, even if it is economically necessary for the health of the industry.
Matt D From United States of America, joined Nov 1999, 9502 posts, RR: 51 Reply 11, posted (10 years 9 months 1 week 1 day 23 hours ago) and read 498 times:
Comparing Eastern and Pan Am to UA and US is a bit unfair. First, it can be argued that Pan Am I's demise can be traced all the way back to 1966-when they bought an insane number of 747's off the drawing board. So Pan Am arguably took about 25 years. Plus there was the no domestic route system and then the takeover of the original National that they paid WAAAYYY too much for, when in the newly deregulated industry, they could've built up at a fraction of the cost. Then there was the failure to upgrade their fleets, and finally when their "enhanced state of the art" security system blew up in their face in the form of Lockerbie, well that was the final nail in a very slowly built coffin.
Looking at Eastern, Depending on your point of view, its demise can be pegged on one of two things (most likely IMO a combination of both)
Some people lay the death of Eastern squarely and entirely at the feet of one Frank Lorenzo and his "wreckless hard headedness".
Others will argue that the Unions basically priced themselves out of business making unrealistic demands for high wages and low productivity in a recession and period of high and unstable fuel prices (the pending Gulf War).
You know how things go: There's the Unions side. There's Lorenzo's side. And then there's the truth.
STT757 From United States of America, joined Mar 2000, 16247 posts, RR: 52 Reply 12, posted (10 years 9 months 1 week 1 day 23 hours ago) and read 483 times:
Eastern went into Bankruptcy in the Summer of '89, their last flight was December '91 or January '92.
Pan Am filed in '90 and closed it's doors in the Spring of '91 or '92 after DL refused to pump anymore money into the "new" Pan Am operating out of Miami.
CO went into bankruptcy only twice, but the hard work of it's employees and fantastic leadership fro Gordon Bethune, Greg Brennenman, Larry Kelher and David Siegal hepled them go from "worst to First".
The biggest problem for UAL is they lack strong leadership, someone has to make the tough decisions. Leading by committee is not going to work.
I think UAL will declar bankruptcy and emerge a leaner ,meaner , better comapany. IF...
If they can find a strong leader, FAST!.
I wonder how much money UAL could throw at Robert Crandall, and if he would come out of retirement to save AA's biggest competitor.
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