Compass For Sale ?

[JECKEL]

Rumor control ...

Have heard through the ALPA grapevine in the Delta network that, indeed,
Delta has plans (or thoughts) to sell Compass.

Has anyone heard anything remotely related to this?

Some talkative ALPA national committee guys seem to think it's a sure thing.

Any takers?

 

[meyers9163]

If they do, dont they have to get rid of some E175s?

 

[ThisistheDream]

If Compass is sold does the flow up agreement stay in tact or could it become null and void if Compass is sold off by DAL??

 

[MALSR]

Buckle up boys, this should be good. Delta is ruthless when it comes to this kinda stuff.

 

[inflightboi175]

republic will buy compass

 

[JECKEL]

republic will buy compass

Funny you should say that.

The three guys that have told me of the sale all work on ALPA National committees. After their time in DC, they all have returned home and said the same thing.

The one that returned last month said Republic would be the likely buyer.

 

[Poahi]

Buckle up boys, this should be good. Delta is ruthless when it comes to this kinda stuff.

And if history is a guide, in 3-5 years, Delta will destroy it.

 

[DoinTime]

Don't worry....In typical Delta fashion, they will sell it for a fraction of what it took to create/acquire it.

 

[SkyNation]

all their flying are belong to us

SkyWest, Inc. to acquire Compass Airlines

AP...

 

[Superpilot92]

If Compass is sold does the flow up agreement stay in tact or could it become null and void if Compass is sold off by DAL??

Not saying i believe this but the Flowthrough goes along with the sale if it ever did happen. IF the flow was ever cancelled, DAL would be forced to reduce the number of 70 or 76 seaters down to 86ish total airframes which is a massive cut from the current numbers. (= unlikely)

 

[Top Gum]

[FONT=&quot]Crap! I was hoping that they would get all the LGA flying...[/FONT]

 

[rumrunner300]

all their flying are belong to us

SkyWest, Inc. to acquire Compass Airlines

AP...

Jesus Christ, what does this even mean?

 

[SpauldingSmails]

Here we go again...

Ah, the old Compass sale rumor... this seems to crop up every year around this time.

Let me summarize how the thread usually moves forward...

Let's not forget that of course Republic would buy us, because they fly the same kind of plane.

Then someone will at some point chime in with, "Well, you gotta admit it makes sense."

Followed shortly by, "Compass' planes are configured the same as Republic's."

There will be a reply about how Delta needs to sell Compass to raise cash for merger related expenses.

Another reply about how Delta is looking to trim the number of regional carriers, and this will help.

 

[DrewBlows]

You forgot the staple part...

 

[NEDude]

Well here is what happened when I was in training with Compass recently:

Several of the HR folks had meetings with Delta folks regarding the hiring process. Apparently Delta is interested in revamping the process to mirror the Delta process, or taking over the process entirely and doing all interviewing in ATL. This was one month ago, first week of February.

Now having been around this industry as long as I have, I know that if one area of the company is looking at one thing, another part of the company is looking at the exact opposite. So who really knows.

 

[Top Gum]

NEDude,

[FONT=&quot]Is that your doggie? It looks like she’s followed you faithfully around the industry all these years. [/FONT]

 

[CX880]

Why would Delta want to sell Compass?

 

[flylike44]

jesus christ, what does this even mean?

epic fail

 

[NEDude]

NEDude,

[FONT=&quot]Is that your doggie? It looks like she’s followed you faithfully around the industry all these years. [/FONT]

No, that's me after five airlines, three furloughs, and a reduced rest overnight.

 

[rtmcfi]

epic fail

"epic fail" .....
So, you learned a new catch-phrase huh?

 

[NoJoy]

rtmcfi I think your avatar is in the top 10 on flightinfo. We seriously need to vote who has the best avatar-the winner gets a keg of Hamms.

 

[OneBadLT123]

Didnt Compass just move HQ and all over to MSP at the beginning of the year?

 

[Moustache]

\

Didnt Compass just move HQ and all over to MSP at the beginning of the year?

Yes they did

 

[dwhsunday]

1. Delta sells compass to compass.

2. Compass buys Northwests old operating certificate.

3. Compass pilots decided to be bigger ****************************** bags than Repubic pilots and operate the same fleet type as delta for 50% less pay.

4. I get to fly a big jet for sub standard wages.

 

[aewanabe]

That's a 175 in your profile; aren't you already flying a mini Airbus for sub-standard wages?

 

[Ad Lib]

Another angle on this... watch ALPA's feet.

• ALPA negotiated the creation of Compass "off the property" while management acknowledged these airplanes' role as DC9 replacements.
• ALPA bragged about getting bargaining credits for Compass's creation. These credits would be used to negotiate better terms for the rest of the list. The loss of job security and career progression for the DC9 guys was somehow sold to them with the flow through agreement.
• ALPA negotiated to REMOVE the scope protections from mainline contracts that had restricted ACA when they began the Independence Air operation.
• ALPA failed to even ask about Compass when Delta management had mergers on its mind.
• ALPA bifurcated Compass from Delta's representational structure after the merger.

Delta has a crippling debt burden. To survive and prosper this debt must be reduced. To finance the next generation of jets Delta needs to demonstrate its ability to manage and reduce debt levels.

ALPA maintains a structural belief that there are flying jobs which are beneath the status of its preferred mainline members. Small jets and small pay are treated like a toxin that must be kept from poisoning mainline rates. A recent article called it "cross subsidization" but in reality it is just selling the junior pilots' jobs for a perceived benefit to be enjoyed by the more senior pilots.

While ALPA can't force management to sell operations, they can work to facilitate management's ability to outsource jobs.

As for a Compass sale, it does make sense. I think everyone is trying to hold their cards close until the drama over outsourcing 100 to 130 seats plays out. If even larger RJ's are outsourced the value of Compass and its jets will fall precipitously, like Comair's value did when that airline no longer operated the biggest, latest and greatest. No one wants to buy yesterdays news.

 

[saabservant]

They have already outsourced over 50% of domestic routes.
Should they (alpa) allow even bigger aircraft, the next time a major hits a release
from section 6 bargaining management will shrug it's shoulders and say let them strike. And no fantasy LOA about definition of struck work will be approved...

Pitchforks and torches to alpa national if they sign any more contracts allowing ANY more outsourcing!

 

[BoeingBaller]

If Compass is sold does the flow up agreement stay in tact or could it become null and void if Compass is sold off by DAL??

Null and void. The plan from the beginning. It is just another $hitty regional.

 

[DYLIN]

Null and void. The plan from the beginning. It is just another $hitty regional.

Totally wrong, read all the replies in this thread and you will find the correct answer.

 

[BeCareful!]

What? Are you guys implying that a deal was engineered by J. Glass that created an alter ego airline, using Large RJ's, obliterated a bunch of scope in the process, and now it's going to be sold to the detriment of mainline pilots?

I warned every NWA pilot I knew about this happening, because it's almost exactly what he did with Mid Atlantic (which was never anything but mainline with "express" painted on the airplanes).

"Those who cannot learn from history are doomed to repeat it."