FlyerTalk Forums

FlyerTalk Forums (https://www.flyertalk.com/forum/index.php)
-   Continental OnePass (Pre-Merger) (https://www.flyertalk.com/forum/continental-onepass-pre-merger-488/)
-   -   Continental Pre/Post Merger Speculation Discussion Thread (https://www.flyertalk.com/forum/continental-onepass-pre-merger/813075-continental-pre-post-merger-speculation-discussion-thread.html)

supermasterphil Feb 29, 2008 10:04 am


Originally Posted by bernardd (Post 9334533)
It's a pretty academic question because I can't see any of the US carriers having access to the funds to buy a healthy European carrier, plus it seems AF is likely to swallow AZ in the near future.

From a legal point of view I believe there are no restrictions that stop a US carrier from acquiring the stock of a European carrier, and there's no 25% rule. In the absence of the open aviation area that's been proposed, the operator of an intra-European flight has to be European, and presumably any bi-lateral agreements with Asia or African countries would presumably require the operator on those routes to be European or from the agreement country.

If I have that right, CO would therefore be able to buy a European carrier and operate longhaul flights to the US, but would have to shutdown or sell pretty much any other route It's hard to envisage scenarios where that would be attractive.

Actually, I learned the other day, that Non-European investors can buy just 49,9 % of foreign airlines. Not going to happen anyway, American carriers would be happy to finance themselves properly these days.

HangingOver Mar 1, 2008 1:40 pm

in today's global society there are ways around the 49 rule.

OnePass Since 87 Mar 2, 2008 8:55 am

NW Pilot Doesnt Think it Will Happen (DL/NW)
 
I was on a NW flight yesterday. Sitting one row ahead of me in F was a NW pilot and what appeared to be a well travelled NW elite having an animated conversation about the proposed merger. I couldnt help but overhear.

The pilot gave it 75% against the DL/NW merger happening. He said "We (the pilots NW & DL) dont play well together". He also went on at length that what the NW pilots want is a NW/CO deal. Of course both parties where biased to NW.

I know this does not mean anything other than one NW pilot's opinion, but I pass it on for what it's worth.

pbarnette Mar 2, 2008 9:02 am

Well, it looks like the UAL unions don't want to play nice:

link

Beckles Mar 2, 2008 11:29 am


Originally Posted by HangingOver (Post 9341535)
in today's global society there are ways around the 49 rule.

Given the challenges Virgin America had in proving they were legal, I don't think it would be very easy for an airline to find it's way "around the 49 rule" if they could not otherwise meet it.

ctownflyer Mar 2, 2008 3:33 pm


Originally Posted by pbarnette (Post 9344594)
Well, it looks like the UAL unions don't want to play nice:

link

Precisely the reason for my sig.

Leave that riff-raff in Chicago...I like being treated like a human being when flying, on UA you have the distinct pleasure of dealing with unintelligible international call-centers, and rebelling+surly TA's/GA's/FA's/Pilots, etc.

spin88 Mar 2, 2008 11:41 pm

[QUOTE=Th

Anyway, am I missing anything here? I'm not trying to start a "one airline is better" argument, but rather to understand folks' admirable loyalty to CO..[/QUOTE]

As a "reformed" CO flyer, When the deal stated to go bad, it took me a while to internalize it, in part bacause the best option (go back to UA) was unapatizing. CO has one major thing going for it: giving away Upgrades, it makes you think they are looking out for you, treating you as good as they can. Sometimes something for nothing (a free upgrade) is worth more than somthing you have to pay for (using 5 500 mile upgrades). A free upgrade is like winning the lottery, it fun it feels good. I never feel the same way "payin g" for an upgrade.

That said, I finally did the math, and am now much happier... :)

J.Edward Mar 5, 2008 5:33 pm

Heads up. DL and NW pilots are talking again.
 
Full Article
March 5 (Bloomberg) -- Delta Air Lines Inc. and Northwest Airlines Corp. pilot leaders resumed talks to reach an accord on meshing their unions, the last major step needed for the carriers to merge, people with knowledge of the matter said.

The meetings restarted yesterday in the Washington, D.C., area, said the people, who asked not to be named because the discussions are private. Delta and Northwest rose the most in more than a month in New York trading.

Renard Mar 29, 2008 10:50 pm

And things are heating up again over at DL/NW.


http://www.ajc.com/business/content/...ge_tab_newstab

bocastephen Mar 30, 2008 12:56 am


Originally Posted by Renard (Post 9487991)
And things are heating up again over at DL/NW.


http://www.ajc.com/business/content/...ge_tab_newstab

I'd say it's going nowhere until the pilot issues are resolved - and if, as the article states, there is no commitment to prevent job losses, the pilots might still block the merger even if the seniority issue is worked out, perhaps out of solidarity with their colleagues.

sbm12 Mar 30, 2008 7:59 am


Originally Posted by bocastephen (Post 9488204)
I'd say it's going nowhere until the pilot issues are resolved - and if, as the article states, there is no commitment to prevent job losses, the pilots might still block the merger even if the seniority issue is worked out, perhaps out of solidarity with their colleagues.

Agreed. Just because NW really wants to merge doesn't mean that it is going to happen. I actually think it is less likely since the unions now have more to fear in terms of job cuts.

Vulcan Mar 30, 2008 12:38 pm

Somewhere I read that the DL folks put a time limit on DL/NW. They felt it had to be done by the end of March in order for it to be reviewed by the current administration. I suspect that this is the one, last push.

Mr.Nuke Mar 30, 2008 4:46 pm


Originally Posted by sbm12 (Post 9488899)
Agreed. Just because NW really wants to merge doesn't mean that it is going to happen. I actually think it is less likely since the unions now have more to fear in terms of job cuts.

The Unions don't have to sign off on a merger for it to happen though. Certainly it would be desirable, preferable, etc. to have them on board, but it isn't a necessity. Just because Delta and Northwest want to merge together it can happen.

bocastephen Mar 30, 2008 5:09 pm


Originally Posted by Mr.Nuke (Post 9491121)
The Unions don't have to sign off on a merger for it to happen though. Certainly it would be desirable, preferable, etc. to have them on board, but it isn't a necessity. Just because Delta and Northwest want to merge together it can happen.

They can strike if the merger is announced - the industry is in such peril right now that a strike which shuts down a carrier for even a few days could send it into Chapter 7.

sbm12 Mar 30, 2008 5:37 pm


Originally Posted by Mr.Nuke (Post 9491121)
The Unions don't have to sign off on a merger for it to happen though. Certainly it would be desirable, preferable, etc. to have them on board, but it isn't a necessity. Just because Delta and Northwest want to merge together it can happen.

Don't have to, but if the pilots aren't on board you end up with the HP/US situation, which significantly reduces the efficiencies that the combined carrier can achieve, reducing the value of the merger. Without the value of the unified pilot base, the benefits to the shareholders are reduced, meaning the merger is less likely to go through.


All times are GMT -6. The time now is 9:51 am.


This site is owned, operated, and maintained by MH Sub I, LLC dba Internet Brands. Copyright © 2026 MH Sub I, LLC dba Internet Brands. All rights reserved. Designated trademarks are the property of their respective owners.