US Airways Dividend Miles (Pre-FlightFund Merger) - United US Airways




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grayflyer
Oct 9, 02, 8:05 am
It looks like the management of US and UAL are stil pissed over the goverment's refusal to let them merge. They are not going to let this happen. Follow this series of events:

US files for Chapter 11 - already done.
US and UAL say they need code share to survive - already done.
US modifies the DM program to mirror UAL's - rumor says it is almost done.
UAL files Chapter 11 - should be soon.
US and UAL issue statement that they cannot reorganize without a merger of the companies.
Ohter airlines protest - say they would like a chance to merge or buy up pieces at firesale prices.
US and UAL issue statement that the only way to preserve the companies and jobs is to let them merge.
Goverment relents - lets them merge.
Managements clebrate - issue bonuses stripping new airline of available cash.
Back to congress for a new handout or airline will collapse with hugh loss of jobs.
Congress issues handout.
Management celebrates - issues bonus - well you know the rest.


Beckles
Oct 9, 02, 8:14 am
<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by grayflyer:
US modifies the DM program to mirror UAL's - rumor says it is almost done.</font>

Funny, I haven't seen any rumors that US is getting rid of SWU's for Silvers and Golds, lowering the bonus for Silvers to 25%, getting rid of off-peak awards, getting rid of unlimited domestic upgrades for CP's, getting rid of Saturday night stay requirements on awards (which wouldn't be a bad thing of course), or lowering the number of upgrades earned for Silvers and Golds ... must have missed all those rumors that would make the US program "mirror" Mileage Plus ...

I'd hardly call converting to 500 mile upgrades "mirroring" Mileage Plus ...

kv99
Oct 9, 02, 8:16 am
that's a lovely first post http://www.flyertalk.com/forum/rolleyes.gif

welcome to ft.


TomBascom
Oct 9, 02, 8:56 am
The government never really stopped it to start with. UA got cold feet over the price and the labor unrest that it stirred up. Had they really wanted to go through with it they would have made a few tweaks and got it past review easily enough.

CLTFlyer
Oct 9, 02, 9:36 am
In fact, post-9/11, the Bush Administration advised US and UA that if the carriers wished to merge then, the Justice Department would allow the merger to proceed. However, UA did not wish to go that route, and neither has US.

I long for the days when US had bigtime market capitalization, and could have been the buyer instead of the bought.

As for a US-UA merger - I strongly doubt UA's unions would let it happen - and I'm not sure US's unions would either.

rawbert
Oct 9, 02, 9:25 pm
I really like everyone I have come in contact with here on FT.

However....there are far to many Oliver Stones hanging out around here. http://www.flyertalk.com/forum/wink.gif



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