SWISS - Once a fine airline, now.....
Join Date: Jul 2001
Location: where I shouldn’t be
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Movie trivia
The quote is attributed to "Captain, Road Prison 36," who was played by Strother Martin, along Paul Newman and George Kennedy in the 1967 classic "Cool Hand Luke".
It seems to draw a certain parallel.
Now that one is from the movie "Catch 22". (Also applicable)
It seems to draw a certain parallel.
Let me see if I've got this straight: in order to be grounded, I've got to be crazy and I must be crazy to keep flying. But if I ask to be grounded, that means I'm not crazy any more and I have to keep flying
Join Date: Sep 2001
Location: by the river
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SP
The basic error is and I quote:
If anybody would have used common sense, rather than a false sense of national pride and image. LX would have remained, have its weaknesses, and possibly flourished, while SR was liquidated.
Legally and practically it can't be a merger - or seem to be a merger. Why ? Good question. Because if it is a "life after SR" it is also legally liable for all the bad debts and will also go under.
After the American vulture lawyers have finished with South Africa, this is a dead ringer - Because the seniority is based on a merger, it is a merger, and therefore you have to pay off all of the past bad debts... Grow up, and understand the real world of dog eat dog, cat and anything else around.
but if you merge to companies it won't work in the same way. And integrating 2/3 of SR and Crossair into SWISS was a merger, if you use common sense.
Legally and practically it can't be a merger - or seem to be a merger. Why ? Good question. Because if it is a "life after SR" it is also legally liable for all the bad debts and will also go under.
After the American vulture lawyers have finished with South Africa, this is a dead ringer - Because the seniority is based on a merger, it is a merger, and therefore you have to pay off all of the past bad debts... Grow up, and understand the real world of dog eat dog, cat and anything else around.
Join Date: Jan 2002
Location: europe
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If your assessment here is as good as that of our mutual friend MS above, there is not much to fear...
But I agree that there is a danger that SWISS will be held liable for SR debts, gofer, but the pilot seniority system is certainly not the reason for this! And I wouldn't fear the american lawyers to much either, as the US have quite some experience with bancrupt airlines operating under chapter 11 and never paying their debts. France and Belgium though might prove to be a bigger problem.
But I agree that there is a danger that SWISS will be held liable for SR debts, gofer, but the pilot seniority system is certainly not the reason for this! And I wouldn't fear the american lawyers to much either, as the US have quite some experience with bancrupt airlines operating under chapter 11 and never paying their debts. France and Belgium though might prove to be a bigger problem.
Join Date: Aug 2002
Location: Switzerland
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Congratulations...
well done, studi, wish you all the best riding the "Kranich"... would have done the same if i'vehad the opportunity.
c u (hopefully not head-on at the same level...)
c u (hopefully not head-on at the same level...)
Join Date: Mar 2002
Location: India
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gofer
You won't have to wait for "vulture lawyers" out of the US - there are plenty of leagle eagles waiting to pounce in France!
See you at the weekend - with to-date "virtual" Fa, I promise
See you at the weekend - with to-date "virtual" Fa, I promise
