Posted on 03/30/2007 5:08:59 PM PDT by Paleo Conservative
Here is a link to another story in the RockyMountainNews.com that I originally intended to post. It has more information, but I would have been required to excerpt most of it out.
http://www.rockymountainnews.com/drmn/airlines/article/0,2777,DRMN_23912_5453722,00.html
If you want on or off my aerospace ping list, please contact me by Freep mail.
Do you think they might just part it out for parts for other planes ?
I think they'd try to avoid that. United really can't afford to buy planes right now so soon after emerging from bankruptcy. There is nothing on the market that has the performance and capacity of the 757, and United especially needs that performance at Denver.
There's an airplane chop shop in northern Mississippi that might be able to accomodate them.
It isn't hard to get credit coming out of bankruptcy - in fact, it isn't that hard to get credit while in bankruptcy.
Here's something from last month:
"United Airlines, the primary subsidiary of UAL Corporation (Nasdaq: UAUA), announced today that on February 2, 2007, it used cash to pay down $972 million of its original $3 billion exit facility, and refinanced the remaining $2 billion. The new facility was arranged by J.P. Morgan Securities, Inc. and Citigroup Global Markets as joint lead arrangers and Credit Suisse Securities (USA) LLC as syndication agent. The transaction results in significantly lower interest costs, less restrictive covenants, and releases approximately $2.5 billion of collateral." http://ir.united.com/phoenix.zhtml?c=83680&p=irol-newsArticle&ID=958433&highlight=
I wonder if it was operator error?
There have been tornados tearing thru Colorado these past few days.
There have been dozens of planes with cracked windshields that have no explanation.
It almost seems as tho something sinister is happening there.
DIA now has a program in place that has monitors keeping watch on the TSA personnel.
Has to be more to this story.
Incorrect.
FOD Blamed For Cracked Windshields At DIA
Make sure that tinfoil is nice and tight.
NEW YORK - The chairman, chief executive and president of UAL Corp., parent of United Airlines, received compensation worth $39.7 million in 2006, UAL's first year as a standalone company after emerging from three years of bankruptcy protection.
http://www.unitedafa.org/news/pdetails.asp?ID=156
Here's another:
Workers are also unhappy with the company incentive plan that paid Tilton a $839,028 bonus, equal to 122 percent of his salary, which also was disclosed in the SEC filing. Lower-level workers are eligible for far smaller bonuses under the plan, known as "Success Sharing." For example, the most pilots could receive, if United reaches on-time and other goals, is 2 percent of their annual pay.
http://www.unitedafa.org/news/pdetails.asp?ID=160
Thanks for the info, and the gratuitous insult.
Guess you just couldn't resist!
Thanks, my daughter flies in and out of DIA quite frequently so I was a bit curious as to what was going on there. Seems I read something about a plane having to turn back just last week due to a cracked windshield.
Hard to see how the explanation is possible since high winds are nothing new to the DIA area. Most of Colorado is pelted with brown dust......the airport has tornado shelter signs at the restrooms.
Duck tape, bondo and paint. She'll be up and in the air by morning.
Nothing gratuitous about stating a fact.
DIA has been cursed since it opened. Wonder if it is built on an ancient Indian burial ground?
It sure didn't look like an insult! I hate it how some people go off as if nefarious forces are at work, when they are ignorant and ignorant to facts.
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