PCL_128 said:It doesn't matter whether two different unions are involved. The merger/acquisition language in the CBAs will guarantee an equitable solution. Part of an acquisition of one company by another is the understanding that the purchasing company will have to honor all existing contracts. They couldn't staple Comair even if they wanted to. If (and that's a big if) Comair is purchased by CHQ, then the two unions would get together to resolve the merger issues.
I think you are right. Now for the speculation. I would expect the two unions to work out some kind of DOH integration with major fences. This would be the easiest way to do it. All CRJ a/c flown by comair pilots all ERJ flown by Chautaqua pilots. Probably some kind of lock 2 years and if a pilot wanted to jump to the other side their seniority date at the new company would be the date of the aquistion. There is no way Comair will ever agree to a staple and there is no way a chautaqua pilot will ever be displaced by a comair pilot. This could work for both sides, at least that's my .02. Comair could actaully get some pretty decent growth due to the fact that there are a lot of available crj's and few erj's in the desert. Last I heard chautaqua needs some airplanes for this whole continental deal.
If Republic management were smart and based on their performance over the past few years they are: I would expect them to consolidate the fleets a bit, take the RJ's on delta's property and throw them in IAH, then replace the DAL erj flying with CRJ's in the desert on the comair certificate.
I went back and researched the balance sheets for RJET, SKYW, and MESA. IMO, the only airline to make a legitimate effort to boost cash and cash equivelants has been RJET. Now, SKYW has boosted those numbers, but their income has also increased since the ASA acquistion. Based soley on the balance sheets it looks like Chautaqua has been setting up to buy somone for some time now at least since the beginning of the oct. '05 quarter.