Part of the reason the pay numbers are so skewed is that your comparing to the AT 2001 contract. When the new contract ends up around Alaska rates the gap will be closer and the argument that pay is such a huge windfall AAI pilots should suffer in the SLI won't hold water.
These are GK's thoughts on what AT brings to the dance:
Gary Shares His Thoughts on AirTran Acquisition
By: Gary Kelly on Sep 27, 2010 at 8:30am
It’s bright and early here in Dallas, well before dawn. By now, I’m sure you’ve heard our historic news about a contract to acquire AirTran. It is enormously exciting. But, as I was driving in this morning, lost in thought, I found myself thinking about the People of Southwest Airlines. I’m not normally on the road this early, on deserted streets. But many of you are A.M.-ers. I just appreciate you, and what you do for Southwest and our Customers every day, so much.
As I said in my Mid-Year Update, it’s been a brutal recession, on top of a grueling decade. Growth opportunities are very hard to come by in this economy. While we had no plans to grow the fleet, we have persevered, and are doing well. We’re healthy financially, and a lot better than a year ago.
Let me tell you, we’ve found a way. The opportunities for growth that flow from an AirTran acquisition are enormous: more destinations; more Customers; more flights; and more profits. All of that adds up to growth, more aircraft, and more jobs.
Today, in fact, buoyed by our increased 2011 profit outlook that AirTran brings, Mike Van de Ven, our Chief Operating Officer, is announcing new hire classes for Pilots and Flight Attendants. That, in and of itself, is very exciting because that’s the first time we’ve hired since 2008.
Now, back to the deal with AirTran. This deal has been a long time in the making. It will be months before we actually close and own them. In the meantime, we each continue as independent Companies, and competitors for that matter.
Here’s what they bring to us:
1. They are a high-quality, low-cost operation
2. They are a solid, low-fare brand
3. They have a meaningful route network that allows us to strategically expand ours
4. They have a compatible, young, all-Boeing fleet with 53 future deliveries
5. They are a profitable business at an affordable price
The acquisition of AirTran sets the stage for us to resume our own fleet growth; for two reasons: it boosts our profits to satisfactory levels and it provides numerous route opportunities that need to be added, particularly out of Atlanta. And growth means more jobs.
This is the dawn of a new and exciting decade for Southwest Airlines, and I am very optimistic about our future. We’ve always said some things about Southwest Airlines will change, and some never will. Rest assured, Southwest remains committed to our original mission of providing low fares and great Customer Service, and we are totally committed to providing job security for our Employees.
We have a lot of work ahead of us, and it will take all of us working together. Southwest Warriors, I know I can count on you.
This is a good deal. When I say that, the first test has to be, is it good for our People. Oh, yeah!
I encourage you to check SWALife for further information.
Thanks for tuning in.
Gary C. Kelly