Airtran In A Rush To Complete The Acquisition?

[Secret Squirrel]

I thought SWA already hired like 150 this year...so this 100 would make 250 or so total....not bad.


How many did airtran hire in 2010?

131 new people in 2010

 

[400ADude]

I'm not trying to get your panties in a twist sister. But this sounds a lot like a guy who owns a house that he can't afford, and he may have a buyer but he can't hold out long enough to keep the heat and lights on while trying to make the mortgage payments. A savvy real estate investor would wait and buy at fire sale rather than paying the asking price. Not saying that is what's going on with your CEO, but what a strange thing to say while a deal is in the works.

That's basically what he is saying. He needs the golden parachute and is worried it could get bungled up with high oil prices. More likely he knows the reality of the Airtran business model and future and has come to the realization it is well... DEAD. If I was Southwest I would back out and get the Airtran assests at a fire sale and call it a day. There is a reason Southwest has not made an offer to waive the Section 1 of SWAPA's contract. Think about it for a second.

 

[Bob Dylan]

What would you expect him to say?, how about, "gee, I was hoping we can stretch this thing out for an extra six months or more....

In a billion dollar deal I wouldn't expect him to say anything as revealing as that which would give the buyer (SWA) more leverage.

You should read up on effective negotiating. I've been saying all these things that have come true so far. You are too close to the action and cannot see it.

If I were you I would do whatever I could to get on that list and fast.

By the way, I don't have anything against you or any AirTran guy. Don't know where that's even coming from. I think your confusing me with loudmouthed Ty who has since been silenced by your union apparentLy.

All the best.

 

[dicko]

In a billion dollar deal I wouldn't expect him to say anything as revealing as that which would give the buyer (SWA) more leverage.

FAIL:
The price has been set and an agreement is in place to not allow any other bidders. Who do you think he's applying leverage to ?

You should read up on effective negotiating. I've been saying all these things that have come true so far. You are too close to the action and cannot see it.

FAIL:

Effective negotiation ? The shareholders are about to vote. Bobs using his usual approach to "negotiating".

If I were you I would do whatever I could to get on that list and fast.

FAIL:

You're not us.

By the way, I don't have anything against you or any AirTran guy. Don't know where that's even coming from. I think your confusing me with loudmouthed Ty who has since been silenced by your union apparentLy.

All the best.

I had to type this to fill up this space

 

[Bob Dylan]

I hope you're not this naive.

Do you honestly not believe that Southwest could walk away from this deal at any time?

 

[dicko]

I hope you're not this naive.

Do you honestly not believe that Southwest could walk away from this deal at any time?

You've missed the point ...... Again. You even missed your own point.

 

[Bob Dylan]

You've missed the point ...... Again. You even missed your own point.

I think you missed the point. The AirTran CEO could be jeopardizing his own deal by opening his big stupid mouth.

If I had 1.7 billion and was buying AirTran and heard him say this, I'd be more inclined to drag my feet a little to apply some pressure. BWTFDIK.

Best of luck.

 

[Max Powers]

it's all about pressuring the government ....

 

[GuppyWN]

it's all about pressuring the government ....

Exactly! Fits very well with Gary saying high fuel prices mean it needs to get done ASAP.

Big toodoo about nothing.

Gup

 

[FL717]

Exactly! Fits very well with Gary saying high fuel prices mean it needs to get done ASAP.

Big toodoo about nothing.

Gup

Exactly Gup.

It's all business at this point. From a strictly internal "business" point... it IS a done deal. That does NOT mean that it can't fall through... but it will NOT fall through because of anything internal between the two companies.

Both Gary and Bob are on the EXACT same page... and are BOTH now out "selling" this to the Government AND the shareholders (which coincidentally are primarily institutional investors).

But hey... don't let me inject fact and reality to this dump. It's GREAT fodder for all the angry jealous immature "anonymous" online anti-AirTran haters on Flightinfo... so please.... don't let me stop you.

Continue hating please... it amuses me.... and reading the anti-AirTran posts certainly makes me feel good to know these "anonymous" people are so jealous of the Pilots from some rinky dink Airline out of ATL.

KK



Here is a link to the testimony that Gary Kelly made just a week ago:

http://judiciary.senate.gov/pdf/11-2-25%20Kelly%20Testimony.pdf

Some of the "dramatic" sales pitch... err... I mean highlights:

GARY KELLY: Yet, due to the challenging economic conditions which continue to face our country and our industry – including high energy prices – Southwest has not been in a position to add to our fleet or greatly expand our route map. The acquisition will change that position.


GARY KELLY: The benefits of Southwest’s planned acquisition of AirTran can be summed up in one word: Growth. This transaction creates a host of exciting and unique growth opportunities that otherwise would not occur for our Customers, our Communities, our Employees, and our Company.

 

[Tweet-a-Lishus]

FL717, How come you didn't include from the same hearing's the part where Bob Fornano said that Airtran couldn't afford the planes that you have on order. You know the fifty planes that the AAI pilots are supposedly bringing to the deal, while the SWAPA pilots aren't bringing anything! Please guys let's include all the information when we are trying to make our case.

 

[humveedriver]

Tweet with all do respect. All Bob said is the same thing AT management has been telling the AT pilot group in recurrent for over 10 years. When ever we ask for improvements they talk about how we have PDP's (pre-delivery payments) to make and we are approaching banks for loans and what not. We have always borrowed the money to buy planes. It's been a while but I know at one point we "owned" like 4 717's and two 737's ...something like that. My point is, they take the financials and spin them for their target audience (congress, wallstreet, employess etc). When any CEO speaks I take it with a grain of salt. If our SLI goes to arbitration, I would expect your team to grab the best sound bites, as would ours. Too easy.. right?

 

[SWA/FO]

Any idea of Bob's golden parachute and whats in it?

 

[The Prussian]

It's GREAT fodder for all the angry jealous immature "anonymous" online anti-AirTran haters on Flightinfo... so please.... don't let me stop you.

.....code for "we really love you guys"....

But then again,...what don't I not know??

 

[whoknows]

I think you missed the point. The AirTran CEO could be jeopardizing his own deal by opening his big stupid mouth.

If I had 1.7 billion and was buying AirTran and heard him say this, I'd be more inclined to drag my feet a little to apply some pressure. BWTFDIK.

I think your last sentence sums it up, so STFU.