As I already said, Anyone who thinks that this is over and that Air Wisconsin is going to walk away with US at this price is absolutely crazy.
Remember, in the first bankruptcy, US had announced a deal with TPG, only to have RSA outbid them.
We will probably see something like: RSA - 26%, AWAC - 20%, GE - 10%, Unions - 20%, and Sir Richard with 24%.
I would be absolutely shocked if RSA cooperated with this bid. It's certainly quite possible that RSA will be placing a bid of their own, but I don't see them and ZW
working together here. As for Sir Richard...well, I won't go there.
Air Wiskey can become the primary feeder for US Airways and absorb the operation of Piedmont and PSA.
I don't think that ZW
would want to merge with PSA, since PSA has lower labor costs. PSA and Piedmont also have some advantageous terms with US Airways in terms of scope and such as wholly-owned US Airways Express carriers.
A330323X--I'm assuming you still believe your CBA is worth more than the paper it's written on?
Have they not proved that they can impose any contract they want? All they have to do is rattle the 1113 sabre again and 'viola!' your SCOPE allows 100 seaters.
scope? Try again.
As for the existing CBA, 97-seat EMB-190 aircraft are already permitted, up to 60 total aircraft, with up to 25 of those permitted at an affiliate US Airways Express carrier instead of MidAtlantic under certain circumstances.
The fact remains that US does not have scope relief for the EMB-170/175 to be flown anywhere other than MidAtlantic, and it will not be obtaining such relief in the near future. While ALPA is indeed traditionally the first work group to give concessions, I do not see them approving additional scope relief. The most recent agreement received only 58% of the vote. I also do not see US able to receive additional relief under Section 1113.
So here's a theory......that could potentially play out.
United drops ZW.......Picks up Mesa to replace flying.
Mesa drops US, ZW picks up US.
To clarify, Mesa can not drop US. US can, however, reject its contract with Mesa (and/or Chautauqua and/or Trans States) in bankruptcy. Even if US does not reject an affiliate RJ
contract, they will be able to obtain more favorable rates.
I'm the expert on here on two things, neither of which I care about much anymore.