APA and the Jetblue pilot committee!

[Dizel8]

Rumours are floating around that they either met or wants to meet.

AA pilots hear anything, no real info on the blue side?

 

[9rj9]

They want to ask what color stapler you want them to use.

 

[Dizel8]

They want to ask what color stapler you want them to use.

Funny, but not informative!

 

[BeachBummer]

They want to ask what color stapler you want them to use.

Some would call it a Red Swingline... We'll probably call it a rectal desimation device, yea I know that's not a color but who really cares what color it is. The TWA'ers will be wondering what they did to the aviation gods to make them so mad...

 

[n757st]

I really don't think AMR has the cash to pay a premium on Jetblue shares. Perhaps if there was a meeting they are just trying to talk about a long rumored code share agreement. Putting AMR costs and culture on jetblue makes no sense to me, but whatever.

 

[aa73]

Any talk about a staple is B.S.... according to the new Congress law, any merger/asset acquisition over 51% requires neutral arbitration. Sorry, no stapling...

Rumors flying on our board too. Who knows? We'll probably read about the whole thing in the USA Today before they actually tell us.

 

[BILL LUMBERG]

AA73.....

Wrong!! The law is only if there is a collective bargaining representative which scaringly JB does not have!!

 

[Bavarian Chef]

I really don't think AMR has the cash to pay a premium on Jetblue shares. Perhaps if there was a meeting they are just trying to talk about a long rumored code share agreement. Putting AMR costs and culture on jetblue makes no sense to me, but whatever.

Pay a premium on what?

JBLU $5.76 ... oooooooooohhhhhh ...

 

[Splert]

AA73.....

Wrong!! The law is only if there is a collective bargaining representative which scaringly JB does not have!!

Read the RLA definition of "representative" and you will not find your definition.

 

[ACL65PILOT]

It is called a cashless transaction or a stock swap. Maybe you have heard about it? DAL/NWA and UAUA?CAL seem to like it.

 

[PCL_128]

AA73.....

Wrong!! The law is only if there is a collective bargaining representative which scaringly JB does not have!!

Not true. The law requires the integration to still be "fair and equitable." The problem is that the JB pilots will not have any representatives to tell the arbitrator what they think is fair. The company will be their representative until they get a union so, they can't get stapled, but they could still get pretty heavily screwed.

Got ALPA?

 

[9rj9]

I think they have representation in the form of a company endorsed pilot resolution group, or something like that.

 

[Cheeta]

AA73.....

Wrong!! The law is only if there is a collective bargaining representative which scaringly JB does not have!!

Incorrect Bill....It covers any employee who works under the Railway Labor Act...unionized or not.

Example: Delta FA's and Northwest FA's Mackcaskill-Bond was envoked and used in their merger...one union one not and both are recognized under the RLA.

Mackcaskill-Bond:

SEC. 117. LABOR INTEGRATION. (a) LABOR INTEGRATION.—With respect to any covered transaction involving two or more covered air carriers that results in the combination of crafts or classes that are subject to the Railway Labor Act (45 U.S.C. 151 et seq.), sections 3 and 13 of the labor protective provisions imposed by the Civil Aeronautics Board in the Allegheny-Mohawk merger (as published at 59 C.A.B. 45) shall apply to the integration of covered employees of the covered air carriers; except that—(1) if the same collective bargaining agent represents the combining crafts or classes at each of the covered air carriers, that collective bargaining agent’s internal policies regarding integration, if any, will not be affected by and will supersede the requirements of this section; and
(2) the requirements of any collective bargaining agreement that may be applicable to the terms of integration involving covered employees of a covered air carrier shall not be affected by the requirements of this section as to the employees covered by that agreement, so long as those provisions allow for the protections afforded by sections 3 and 13 of the Allegheny-Mohawk provisions.
(b) DEFINITIONS.—In this section, the following definitions apply:
(1) AIR CARRIER.—The term ‘‘air carrier’’ means an air carrier that holds a certificate issued under chapter 411 of title 49, United States Code.
(2) COVERED AIR CARRIER.—The term ‘‘covered air carrier’’ means an air carrier that is involved in a covered transaction.
(3) COVERED EMPLOYEE.—The term ‘‘covered employee’’ means an employee who—
(A) is not a temporary employee; and
(B) is a member of a craft or class that is subject to the Railway Labor Act (45 U.S.C. 151 et seq.).
(4) COVERED TRANSACTION.—The term ‘‘covered transaction’’ means—
(A) a transaction for the combination of multiple air carriers into a single air carrier; and which
(B) involves the transfer of ownership or control of—
(i) 50 percent or more of the equity securities (as defined in section 101 of title 11, United States Code) of an air carrier; or
(ii) 50 percent or more (by value) of the assets of the air carrier.
(c) APPLICATION.—This section shall not apply to any covered transaction involving a covered air carrier that took place before the date of enactment of this Act.
(d) EFFECTIVENESS OF PROVISION.–This section shall become effective on the date of enactment of this Act and shall continue in effect in fiscal years after fiscal year 2008.

 

[GuppyWN]

Sounds like a great deal for the couple thousand AA pilots that are out of work.

Gup

 

[Cheeta]

Sounds like a great deal for the couple thousand AA pilots that are out of work.

Gup

Guppy I'm not so sure about that...furloughed pilots would be placed below flying pilots at the mergered carrier.

 

[GuppyWN]

Uh yeah, I forgot to insert the sarcasm thingy. Those dudes have been kicked in the nads for almost 10 years. Might as well pile on.

Gup

 

[Splert]

I think they have representation in the form of a company endorsed pilot resolution group, or something like that.

Bingo. The RLA does not require a "representative" to be certified or elected though the NMB.

 

[100 c.i.]

Guppy I'm not so sure about that...furloughed pilots would be placed below flying pilots at the mergered carrier.

What ever, not that i would ever want to staple or screw anybody like i have been, but rest asssured everbody will be f@cked ........

 

[ExpWayVis31]

Staple job...NO, Date of hire YES

 

[Bavarian Chef]

It's official (via JB email) -- the APA is trying to contact the PVC regarding scope. Not to worry, the PVC will get back to us later in the week. Niiiiiice.

 

[General Lee]

Any talk about a staple is B.S.... according to the new Congress law, any merger/asset acquisition over 51% requires neutral arbitration. Sorry, no stapling...

Rumors flying on our board too. Who knows? We'll probably read about the whole thing in the USA Today before they actually tell us.

Tell that to the SWA pilots!! They think everyone will VOLUNTEER to be on the bottom their list. Remember, their poop don't stink, and they fly a lot to West Texas.....


Bye Bye----General Lee

 

[General Lee]

I really don't think AMR has the cash to pay a premium on Jetblue shares. Perhaps if there was a meeting they are just trying to talk about a long rumored code share agreement. Putting AMR costs and culture on jetblue makes no sense to me, but whatever.

You don't really need cash. What are CAL and UAL doing, a stock swap?

And which JB pilots would immediately bid the MD80 at LGA after a possible merger? A raise of hands, please.


Bye Bye---General Lee

 

[General Lee]

Staple job...NO, Date of hire YES

That just won't happen. Look at recent history. It will go to an arbitrator or a few of them if it ever happens at all.


Bye Bye--General Lee

 

[Floatplane]

Well General Faggot has chimed in, it seems he likes jerking himself off a lot on this topic!

GFYS!

 

[pipejockey]

Guppy I'm not so sure about that...furloughed pilots would be placed below flying pilots at the mergered carrier.

So you're saying a guy hired at AA in 2001 would be junior to some new hire at JB? Where is the fairness in that? Actually since jet blue only started flying in 2000 or so, I would say 95% of AA's pilots were hired at AA before JB even began service. Sounds like a perfect staple scenario to me! And don't forget about the 500 guys at Eagle who currently hold an AA seniority number plus another 800 with future AA rights.

 

[BILL LUMBERG]

Not like Quasimodo...

I stand corrected!

 

[GuppyWN]

It's official (via JB email) -- the APA is trying to contact the PVC regarding scope. Not to worry, the PVC will get back to us later in the week. Niiiiiice.

Can you be more specific? Maybe they are looking at Mother spinning off Eagle and trying to build a negotiation platform or curious about your E-Jets.

Gup

 

[General Lee]

Well General Faggot has chimed in, it seems he likes jerking himself off a lot on this topic!

GFYS!

Thanks Mr. Yonkers, go enjoy the MD80 in the right seat......you sure will! And GFYST!!


Bye Bye---General Lee

 

[n757st]

Pay a premium on what?

JBLU $5.76 ... oooooooooohhhhhh ...

If a company like AMR wants to get enough shares to control JBLU then the share price will go up, way up. Less shares on the market, higher price, especially with everyone holding their shares to see what AMR will offer as a premium. At least in my mind I don't see jetblue agreeing to a merger, therefore AMR has to buy them, at a premium compared to what they are today. Even at 5.76 a share Jblu is worth 1.7 billion dollars, and it probably has a acquisition value in the 2-3 billion dollar range. Again, I don't see the incentive for Jblu to merge. I can see why AMR would want Jblu, but not why Jblu would want AMR.

 

[linepilot]

So your jetblue "values" committee is made up of "Mr TWA" - a military pilot with no union experience - and a bunch of guys who just quit?

Terrible foresight guys and girls. And who put "Mr TWA" in charge? Oh wait, don't tell me..... jetblue put him in charge. :laugh:

It's not all shiny, happy, and blue in the real world. The real world is made up of shareholders, and BODs, and private equity, and suits who like to do big deals, and YES pilots who will steamroll your a$$ to protect their own families.

Good luck in Dallas professional aviators!