Continental UAL to merge

Anyone worried what the shrink from six legacies to 3-4 giant legacies will do for future hiring for all you student pilots; CFI's & RJ drivers-with hope a dream and Astroglide liquid in your hand hoping to get out of either the CFI or regional airline rat race?
 
Maximillian_Jenius said:
Anyone worried what the shrink from six legacies to 3-4 giant legacies will do for future hiring for all you student pilots; CFI's & RJ drivers-with hope a dream and Astroglide liquid in your hand hoping to get out of either the CFI or regional airline rat race?
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I am sure worried as to what it is going to do!
 
mattyt98 said:
I am sure worried as to what it is going to do!
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Easily gonna guess less jobs at the "majors" because there are less majors, but still lots of demand!

Which means the regionals could well become career airlines, and far harder, if not impossible to graduate from...glass ceiling anyone!

Then there's the CFI's... if little movement at the majors then movement at the regionals will be equally slow, and with the new 1500 hr rule geez, possibly career (or damn near it) CFI's!?

So, glad I got out, along time ago. But hey it's all conjecture tantamount to mental masturbation at this point we will just have to see what we see!

When we see it!
 
Strange times.

I'd wager American does nothing unusual. It just continues to hammer at the APA. Then possibly declares bankruptcy.

That oughta be entertaining.

AMR's strategy seems to be 'codesharing' out the wazoo. The new JetBlue codeshare just his the streets, now JetBlue is hiring FOs. Coincidence? I doubt it.

If AMR were to eyeball anybody for purchase/merger, I'd suggest Alaska.. but that's just a spitball estimate.

I'd wager what AMR really wants is 100 seats or less at Eagle and/or "other feed affiliates".

Strange times ahead indeed.
 
Firebird2XC said:
Strange times.

I'd wager American does nothing unusual. It just continues to hammer at the APA. Then possibly declares bankruptcy.

That oughta be entertaining.

AMR's strategy seems to be 'codesharing' out the wazoo. The new JetBlue codeshare just his the streets, now JetBlue is hiring FOs. Coincidence? I doubt it.

If AMR were to eyeball anybody for purchase/merger, I'd suggest Alaska.. but that's just a spitball estimate.

I'd wager what AMR really wants is 100 seats or less at Eagle and/or "other feed affiliates".

Strange times ahead indeed.
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Does AMR really need to merge, they were already the largest airline with the purchse of TWA.

I can see no major benefits to a so called "necessary" merger with LCC, except maybe some gain of east coast hubs but other than that... nil!

Besides, isn't international where it's at now? LCC really doesn't have any of that.

As for Alaska they have an codeshare agreement with Delta and I think I heard someone here say DL has contractual first rights at a merger/Acq. and a poison pill option!
 
Maximillian_Jenius said:
Does AMR really need to merge, they were already the largest airline with the purchse of TWA.

I can see no major benefits to a so called "necessary" merger with LCC, except maybe some gain of east coast hubs but other than that... nil!

Besides, isn't international where it's at now? LCC really doesn't have any of that.

As for Alaska they have an codeshare agreement with Delta and I think I heard someone here say DL has contractual first rights at a merger/Acq. and a poison pill option!
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I don't think AMR wants to merge. I do think they're doing it "their way" just like they always do.. and in the end they'll do as they do and it won't make sense to anybody but them.

A merge with Alaska? Unlikely. Ramp up the codeshare with other carriers? Sure.
 
I really always thought that Alaska and Continental would make sense. Hopefully this CAL and UAL thing will work out best for all parties.
 
Maximillian_Jenius said:
Anyone worried what the shrink from six legacies to 3-4 giant legacies will do for future hiring for all you student pilots; CFI's & RJ drivers-with hope a dream and Astroglide liquid in your hand hoping to get out of either the CFI or regional airline rat race?
Click to expand...

there can't be many cfi's still hanging in there.
 
Maximillian_Jenius said:
Easily gonna guess less jobs at the "majors" because there are less majors, but still lots of demand!

Which means the regionals could well become career airlines, and far harder, if not impossible to graduate from...glass ceiling anyone!

Then there's the CFI's... if little movement at the majors then movement at the regionals will be equally slow, and with the new 1500 hr rule geez, possibly career (or damn near it) CFI's!?

So, glad I got out, along time ago. But hey it's all conjecture tantamount to mental masturbation at this point we will just have to see what we see!

When we see it!
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Got out? When did you fly for an airline?
 
http://money.cnn.com/2010/05/02/news/companies/United_Continental_merger/index.htm

United buying Continental for more than $3B- report

May 2, 2010: 5:57 PM ET


NEW YORK (CNNMoney.com) -- UAL Corp.'s United Airlines will announce a deal to buy Continental Airlines for more than $3 billion on Monday, the Wall Street Journal reported Sunday.



The board of directors at both airlines approved the deal Sunday, the Journal reported. The deal is expected to be a merger of equals, valuing Continental at around its current market capitalization of $3.1 billion, the report indicated.


A merger between the two would create the world's largest airline, overtaking Delta Air Lines (DAL, Fortune 500), which merged with Northwest Airlines in 2008.



Representatives from United were not immediately available for comment. A spokeswoman for Continental said the company had no comment about the merger reports.


United and Continental first discussed combining in 2008 and Houston-based Continental backed out. United boasts a stronger financial position this time around though.

Last week, the Chicago-based company reported a first-quarter loss of $82 million, much narrower than the $382 million loss posted a year earlier. And revenue jumped 15% to $4.2 billion.



Thanks to an improved financial performance, United was expected to have more weight in the talks. Last weekend, the company pushed to base the deal on the closing price of its shares the day before an agreement is signed.



The combined airline would be based in Chicago and use the United name but would be run by Continental chief executive Jeff Smisek, the Journal reported.



Last month, United also discussed the possibility of merging with he Phoenix-based US Airways (LCC, Fortune 500).Shares of UAL (UAUA, Fortune 500) were unchanged Friday while Continental's (CAL, Fortune 500) stock fell 1.5% Friday.
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Yeah right Untied is boasting a stronger financial profile... looks like someone can't do math. I realize financial status involves a lot more than quarterly earnings but get real.... United could feasibly go under in the next couple of years if they don't turn things around drastically whereas Continental is doing just fine by themselves... personally if Continental were to merge I would hope that they would be smart enough to take Alaska over United. Common fleet type, both offer a good product, both employee groups morale are (I am guessing here) better than average, and a merge with Alaska would enable Continental to have a stronger prescence on the West Coast (an area they are pretty weak in right now). I see a merger between United and Continental resulting in something similar to US Airways and America West... feel free to disagree... I would enjoy hearing other peoples thoughts.
 
Avalon781ML said:
Yeah right Untied is boasting a stronger financial profile... looks like someone can't do math. I realize financial status involves a lot more than quarterly earnings but get real.... United could feasibly go under in the next couple of years if they don't turn things around drastically whereas Continental is doing just fine by themselves... personally if Continental were to merge I would hope that they would be smart enough to take Alaska over United. Common fleet type, both offer a good product, both employee groups morale are (I am guessing here) better than average, and a merge with Alaska would enable Continental to have a stronger prescence on the West Coast (an area they are pretty weak in right now). I see a merger between United and Continental resulting in something similar to US Airways and America West... feel free to disagree... I would enjoy hearing other peoples thoughts.
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Eh, this deal WILL give Continental a larger west coast presense, only under the name of United! The newly combined airline will be ran by Continental, and be UA in name only!

Remember that UA DOES have a rather large west coast presence with hubs in LA and Denver!
 
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