Single Carrier? ABX/CHI What does it take?

[flyinboxes]

Interesting reading online. My guess is that the 1224 will apply for the single carrier test ASAP. Otherwise its gonna be whipsaw hell over there. The NMB section 19 provides some interesting reading on this as well as several books. All seem to have an underlying theme. As long as the companies are run relatively seperate, mx , dx, even different uniforms, the test may fail. Otherwise its going to be the CBA language that prevails or fails.
http://utu.org/PDFs/representation-manual.pdf

 

[l8fr82hub]

One stumbling block to this would be ATI's passenger ops. Either ABX would have to have PAX ops added to their certificate or everything would have to be merged under ATI's certificate.

 

[Quasar]

19.501 is especially interesting.

According to the securities and exchange filing ABX intends to keep everyone separate in holding companies. They are even spinning off ABX Air with ABX Air becoming a wholly-owned subsidiary of ABX Holdings. ABX Holdings will become the new public reporting company.

The Stock Purchase Agreement provides that ABX Holdings intends to have CHI or one if its subsidiaries employ substantially all of the current employees of CHI and its subsidiaries after the closing date.

CHI entered into two year employment agreements (with the term commencing on the closing date) with three senior executives of CHI: Peter Fox, Todd Hunter and George Golder. In addition, following the closing, ABX Holdings agreed to cause CHI to offer employment to eight other members of CHI's management team on economic terms no less favorable to such persons than their respective economic terms with CHI as in effect on November 1, 2007.

Here’s the whole read.

http://biz.yahoo.com/e/071106/abxa8-k.html

 

[ABXbooger]

Wanted to put this back on top...any more comments?

 

[b707guy]

As of Friday, the powers that be were sticking with their story that all three carriers will be kept separate. In the end, I'm not sure how CHI as an entity will fit into this, as it seems to both of my functioning brain cells that ABX Holdings won't need a middle level of management (CHI) between themselves and ATI/CCI/CAM/LGSTX while keeping ABX Air and CHI at the same level on the box-n-stick page. The CHI managers seem to be protected as far as their jobs go, according to the available information, but for now anyway, it seems that we will all keep on keepin' as we've done in the past.

There are quite a few hoops to run through well beyond our respective companies before any of this can take place, so keep in mind that it's not a done deal!

 

[inplaneview]

"According to the securities and exchange filing ABX intends to keep everyone separate in holding companies. They are even spinning off ABX Air with ABX Air becoming a wholly-owned subsidiary of ABX Holdings. ABX Holdings will become the new public reporting company."


I think the table is set for ASTAR to come in and buy ABX Air. Hete will move on and do all the non-DHL stuff, to include Miami and ANA, with his new acquisitions.

 

[Hocus Focus]

this story has played out already i.e. Polar/Atlas..pilots unite NOW!!!!!!!!!!and get on the same page.

 

[LarryinTN]

Hete will move on and do all the non-DHL stuff, to include Miami and ANA, with his new acquisitions.

It is ABX Air that the Japanese approved, not ABX holdings. They can't split off a couple of 767s and continue to fly the ANA charter under one of CHI's certificates.

 

[shooter]

As of Friday, the powers that be were sticking with their story that all three carriers will be kept separate. In the end, I'm not sure how CHI as an entity will fit into this, as it seems to both of my functioning brain cells that ABX Holdings won't need a middle level of management (CHI) between themselves and ATI/CCI/CAM/LGSTX while keeping ABX Air and CHI at the same level on the box-n-stick page. The CHI managers seem to be protected as far as their jobs go, according to the available information, but for now anyway, it seems that we will all keep on keepin' as we've done in the past.

There are quite a few hoops to run through well beyond our respective companies before any of this can take place, so keep in mind that it's not a done deal!

Did I read that the Fox and the CHI mgmt team signed for a two year deal to stay on with ABX holdings? I don't know how I got that in my head, but if it is so that coincides with the current ABX DHL ACMI. Not that it means anything, but you never know what the master plan holds.

 

[b707guy]

Did I read that the Fox and the CHI mgmt team signed for a two year deal to stay on with ABX holdings? I don't know how I got that in my head, but if it is so that coincides with the current ABX DHL ACMI. Not that it means anything, but you never know what the master plan holds.

Yep - its in the post above by Quasar, and shown in full in the included link. Interesting timing, though, for the ACMI bit.

 

[Jurasicpilot]

Well none of it makes sense. I could see some value to ATI. ATI has been heavy into international ACMI for a while. This may play into the ANA stuff, but why buy CCI? Not much the 72 has to offer except domestic. I don't think they are setting up a situation to spin off ABX air either. They could have done that without having to go to all of this trouble. I guess the ATI guys are finally getting a breathe of fresh air. Ive heard Fox was running you guys into the ground.

 

[b707guy]

A lot of things with this whole deal don't seem to make much sense on the surface. Thing is, my gut tells me that there are quite a few hidden surfaces that will at some point reveal themselves. One thing that I do know is that our certificate is gold. We've just been letting it tarnish a bit since our current owner took over. And, no, we're not too impressed with them ("nice" mode here....). Maintenance has taken the biggest hit, and it's starting to show. As far as crews go, we've recalled everyone, but surprise surprise, not everyone took it, and now we're short. I still don't feel that we were anywhere near "going under" in the past months, but we are breathing a little easier with the possibilities that are in our laps. Cappy will get their first 757 before we get our first 767, but once ours does arrive, I think things will move fast. I believe they are serious about not merging the airlines, but as I said, there are so many possiblities that who can say what will happen?

 

[cargopod]

when

b707guy: Cappy will get their first 757 before we get our first 767, but once ours does arrive...
when are the 767 going to get there?

 

[b707guy]

I don't think anyone really knows! Cappy's first 75 should arrive Jan/Feb 08 time frame as I understand it, and our 76 is slated for maybe Feb/Mar 08. This is the closest we've been to a claimed date with them still claiming it, so maybe it's actually getting close. No bid for it yet, but it's rumored to be expected "soon". I'm only guessing, but my guess is that once online, it'll be flying mostly LAX runs out of TOL, but the 76s as a fleet in general are also being talked about for MIA to South America, and also some Asia work, supposedly unrelated to ABX's Osaka work. We'll see... Either way, I plan to stay on the 8 and hopefully get back in the left seat once the bids are awarded. Did you apply?

 

[cargopod]

yes start class Dec 3 ... iam in the 2nd group first starting 26 nov

 

[nitefr8dog]

I don't think anyone really knows! Cappy's first 75 should arrive Jan/Feb 08 time frame as I understand it, and our 76 is slated for maybe Feb/Mar 08. This is the closest we've been to a claimed date with them still claiming it, so maybe it's actually getting close. No bid for it yet, but it's rumored to be expected "soon". I'm only guessing, but my guess is that once online, it'll be flying mostly LAX runs out of TOL, but the 76s as a fleet in general are also being talked about for MIA to South America, and also some Asia work, supposedly unrelated to ABX's Osaka work. We'll see... Either way, I plan to stay on the 8 and hopefully get back in the left seat once the bids are awarded. Did you apply?

You cannot fly in Asia when the 767 arrives, would have to get ok from JANB that could take up to two years!

 

[Jurasicpilot]

That is air carrier specific not AC specific. ATI has been overthere for years and years

 

[b707guy]

yes start class Dec 3 ... iam in the 2nd group first starting 26 nov

Congrats! I hadn't even heard that interviewing was going on. Were you told you'd be going to the 8 or was anything said about hiring into the 76? It would be new to me, but that wouldn't be the first time.... How many are going to be in your classes, if you have that info?

You cannot fly in Asia when the 767 arrives, would have to get ok from JANB that could take up to two years!

We've been flying in and out of Japan for years, and have had plenty of other Asia operations. I don't know if ETOPS will be a factor in any of what we're looking at, and that will be the only real obstacle that I'm aware of, unless we can piggy-back on someone else's certification as we get off the ground.

 

[Batfish]

yes start class Dec 3 ... iam in the 2nd group first starting 26 nov

Are you starting with ATI or CAPPY? batfish

 

[b707guy]

Are you starting with ATI or CAPPY? batfish

Or ABX?