Well, it does speak to the fact that Kelly and the Southwest board promised the regulators that there would be no job losses and consequently if the decision went to arbitration the letter of the law would be followed. Now as a result of the labor difficulties Kelly is experiencing with SWAPA he's " flip-flopping". I think the regulators should revisit the decision and say no merger. Of course then Southwest will probably be forced to furlough with the resultant loss of growth leading to another devaluation of stock. It appears that SWAPA and SW is being controlled by junior members of the seniority list. Airtran with a little management change could come out of this in a better position.
Je-zus. Where do you get this stuff? Do you even hear the crap that comes out of your mouth (or keyboard)? GK is not flip-flopping. Do you really think he didn't have an idea of what he wanted to do before the deal closed? Or what he thought was "fair"? Or what he would allow to happen to his culture?
"I think the regulators should revisit the decision and say no merger. "
What world do you live in that you think that could happen? It's a done deal, closed in May of this year. The "regulators" could no more revisit this decision than your parents could revisit the decision to have you born. It's not like returning clothes to the store and getting your money back because you don't like the fit anymore. They don't just take back the product, and return the money from the cash register. Old owners (stockholders) have been paid, many have moved on to other investments, others have no desire to go back (after all, they voted overwhelmingly for this financial deal), etc. The money just isn't there in the "cash register" anymore. And by the way, Airtran's management IS Southwest. Airtran's president is Bob Jordan, one of Southwest's vice-presidents.
"Of course then Southwest will probably be forced to furlough with the resultant loss of growth leading to another devaluation of stock."
This statement has no basis in anything, other than Maru's bad drugs. If this deal hadn't happened (the closest analogy to your weird scenario), we'd be in the same predicament as before Sep 2010. Waiting for economic improvement, growth and retirements, still making money, and still not furloughing.
"It appears that SWAPA and SW is being controlled by junior members of the seniority list."
And finally, this statement has to rank as one of the stupidest things ever posted on this forum. Again, Maru, please step away from the crackpipe. The junior members of the SWAPA seniority list are the ones bitching that they're being hurt the most in this deal. What exactly do you think these junior guys are controlling? SWA is being controlled by management, as it always has been, from Herb then to Gary now. Deals happen the way THEY want, and unions and outsiders have little to nothing to do with it. As always.
But, hey, atleast General Lee agrees with you. That ought to count for something.
Bubba