Nwa / Dal Ta

[ChoadSnazz]

Delta, Northwest pilots reach tentative agreement on merger
By Sue Chang
Last update: 3:54 p.m. EDT June 24, 2008
SAN FRANCISCO (MarketWatch) -- A tentative agreement on a joint contract between the Delta Air Lines (DAL) and Northwest Airlines (NWA) units of the Air Line Pilots Association has been reached, Delta said Tuesday. The pilot groups also established a separate process aimed at establishing a single pilot seniority list by the close of the merger. The combination of the two airlines is scheduled to close later this year at which time the joint contract will take effect.

 

[General Lee]

Press ReleaseSource: Delta Air Lines, Inc.
Delta Reaches Unprecedented Joint, Pre-Merger Agreement With Delta, Northwest Units of Air Line Pilots Association, Int'l.
Tuesday June 24, 3:45 pm ET
ATLANTA, June 24, 2008 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL - News) today confirms that a tentative agreement has been reached between the Delta Air Lines and Northwest Airlines units of the Air Line Pilots Association (ALPA) on a joint contract to take effect upon closing of the Delta-Northwest merger, expected later this year. The pilot groups also have established a separate process designed to establish a single pilot seniority list by the close of the merger.

;Delta CEO Richard Anderson issued the following statement in response:
``We are pleased that the Delta and Northwest pilot groups have reached a tentative agreement and have outlined a process for seniority integration that will allow us to move forward with a unified pilot group. Achieving a joint contract and combined seniority list in advance of the closing of the merger is something that has never been done in this industry and is a testament to the leadership of ALPA and a working together culture.''
The tentative agreement is subject to ratification by both airlines' pilot groups. Delta in April announced that it is combining with Northwest in an all-stock transaction to create America's premier global airline. The new company will be called Delta and will be headquartered in Atlanta. Combined, the company and its regional partners will provide customers access to more than 390 destinations in 67 countries. Together, Delta and Northwest will have more than $35 billion in aggregate annual revenues, operate a mainline fleet of nearly 800 aircraft, employ approximately 75,000 people worldwide, and have one of the strongest balance sheets in the industry. The merger is subject to the approval of Delta and Northwest shareholders and regulatory approvals, which are expected to be completed later.




Bye Bye--General Lee

 

[FBN0223]

Any details?

 

[Superpilot92]

Good News!! I look forward to moving forward as a single carrier. :beer:

 

[RedRum]

... The pilot groups also established a separate process aimed at establishing a single pilot seniority list by the close of the merger.

Does this mean ALPA Merger Policy, expedited binding arbitration or something that has been worked out between the negotiators.

Only time will tell.

Specualtion, opinion?

 

[tblosser]

Does this mean ALPA Merger Policy, expedited binding arbitration or something that has been worked out between the negotiators.

Only time will tell.

Specualtion, opinion?

Just a guess but I bet it is something along the lines of expedited arbitration outside of ALPA merger policy.

 

[RedDogC130]

Press ReleaseSource: Delta Air Lines, Inc.
Delta Reaches Unprecedented Joint, Pre-Merger Agreement With Delta, Northwest Units of Air Line Pilots Association, Int'l.
Tuesday June 24, 3:45 pm ET
ATLANTA, June 24, 2008 (PRIME NEWSWIRE) -- Delta Air Lines (NYSE:DAL - News) today confirms that a tentative agreement has been reached between the Delta Air Lines and Northwest Airlines units of the Air Line Pilots Association (ALPA) on a joint contract to take effect upon closing of the Delta-Northwest merger, expected later this year. The pilot groups also have established a separate process designed to establish a single pilot seniority list by the close of the merger.

;Delta CEO Richard Anderson issued the following statement in response:
``We are pleased that the Delta and Northwest pilot groups have reached a tentative agreement and have outlined a process for seniority integration that will allow us to move forward with a unified pilot group. Achieving a joint contract and combined seniority list in advance of the closing of the merger is something that has never been done in this industry and is a testament to the leadership of ALPA and a working together culture.''
The tentative agreement is subject to ratification by both airlines' pilot groups. Delta in April announced that it is combining with Northwest in an all-stock transaction to create America's premier global airline. The new company will be called Delta and will be headquartered in Atlanta. Combined, the company and its regional partners will provide customers access to more than 390 destinations in 67 countries. Together, Delta and Northwest will have more than $35 billion in aggregate annual revenues, operate a mainline fleet of nearly 800 aircraft, employ approximately 75,000 people worldwide, and have one of the strongest balance sheets in the industry. The merger is subject to the approval of Delta and Northwest shareholders and regulatory approvals, which are expected to be completed later.




Bye Bye--General Lee

Hey general..rumor has it you used to work at SWA and left for DAL....is that true? In 1997? T.G are thr initials

 

[ACL65PILOT]

I believe that if you read the article it kind of infers that we have found a way to deal with the SLI. I would agree that it will be negotiations for a little bit followed by arbitration. All three sides want this done by DCC. That has to tell you something.
If this does happen, I would love to hear if we change our hiring outline.

 

[Frank Lorenzo]

Does this mean ALPA Merger Policy, expedited binding arbitration or something that has been worked out between the negotiators.

Only time will tell.

Specualtion, opinion?

True.

There is some guy named Nicolau presiding over the arbitration.

Apparently, he has a wonderful track record of labor harmony resulting from his decisions.

 

[ultrarunner]

This will certainly be interesting to watch. What is the current speculation on the number of (post merger) mainline planes to be parked and the number of furloughs?

If anything, you gotta have some respect for a couple of MEC's taking a pro-active approach...I mean why not...since the company will do what the want anyway...

But in this case, the brothers and sisters at AWA/USAir can only dream of a deal like this, IMHO.

 

[eaglesview]

True.

There is some guy named Nicolau presiding over the arbitration.

Apparently, he has a wonderful track record of labor harmony resulting from his decisions.

Dude, you have got to get rid of that picture. As an ex EAL'r that is painful.

 

[Frank Lorenzo]

Save the comments.

Face it, in todays world of airline executives, I look like Santa Claus.

 

[ultrarunner]

True.

There is some guy named Nicolau presiding over the arbitration.

Apparently, he has a wonderful track record of labor harmony resulting from his decisions.

Actually, he does Frank. And is highly regarded in the industry. So much so that both America West AND USAirways AGREED to Mr. Nicolau as the arbitrator.

But you already knew that....

 

[eaglesview]

Save the comments.

Face it, in todays world of airline executives, I look like Santa Claus.

Compared to my good friend Mr. Tilton, you may have a point.

 

[General Lee]

Hey general..rumor has it you used to work at SWA and left for DAL....is that true? In 1997? T.G are thr initials

I got hired here at DL in 96. I thought about maybe trying to get an interview at SWA, but when I saw LBB on the route map I immediately threw up in my mouth. Anyway, I still think you have a great company with fun stews and great pay. Keep it up!


Bye Bye--General Lee