New 800 rates for SWA?

[Full of LUV]

Has there been any more talk of 800 rates or at least a bump up for all if the 800 is added to the fleet? AAI talk has overtaken all other concerns apparently.
Also, shouldn't the SWA pilots get a bump or an additional piece of stock for enabling this merger to go smoothly? All they talk about is AAI getting pay raises without anything for the SWA pilots? Other mergers set the precedent (well DAL/NWA) and probably UAL/CAL that the existing pilots get something for their cooperation.
LUV

 

[GuppyWN]

-800 negotiations are still ongoing. Airtran ACQUISITION has taken priority.

Gup

 

[AirMorgan]

is there a difference in pay on the 300, 500, and 700's?

 

[Quiet Flight]

No. Just a difference in air conditioning and situational awareness...

Anybody see the Flt Ops video CM posted on the Big Brother crew room channel regarding the "Dash" 800's? Interesting... Available on SWALife.

 

[AirMorgan]

No. Just a difference in air conditioning and situational awareness...

LOL:laugh:

 

[Lear70]

-800 negotiations are still ongoing. Airtran ACQUISITION has taken priority.

Gup

You say Potato, I say "Oh look, bundt cake!" LOL

 

[ngsp]

acquisition versus merger definition. in the end, it does not matter what you call it. the deal is friendly and will get done without any input from us lowly line pilots. let's build a great pilot group and drink a few beers when all this is done.

Although they are often uttered in the same breath and used as though they were synonymous, the terms merger and acquisition mean slightly different things.
Whether a purchase is considered a merger or an acquisition really depends on whether the purchase is friendly or hostile and how it is announced. In other words, the real difference lies in how the purchase is communicated to and received by the target company's board of directors, employees and shareholders.
When one company takes over another and clearly established itself as the new owner, the purchase is called an acquisition. From a legal point of view, the target company ceases to exist, the buyer "swallows" the business and the buyer's stock continues to be traded.
In the pure sense of the term, a merger happens when two firms, often of about the same size, agree to go forward as a single new company rather than remain separately owned and operated. This kind of action is more precisely referred to as a "merger of equals." Both companies' stocks are surrendered and new company stock is issued in its place. For example, both Daimler-Benz and Chrysler ceased to exist when the two firms merged, and a new company, DaimlerChrysler, was created.
In practice, however, actual mergers of equals don't happen very often. Usually, one company will buy another and, as part of the deal's terms, simply allow the acquired firm to proclaim that the action is a merger of equals, even if it's technically an acquisition. Being bought out often carries negative connotations, therefore, by describing the deal as a merger, deal makers and top managers try to make the takeover more palatable.
A purchase deal will also be called a merger when both CEOs agree that joining together is in the best interest of both of their companies. But when the deal is unfriendly - that is, when the target company does not want to be purchased - it is always regarded as an acquisition.

 

[RedDogC130]

Thanks, for the heads up nqsp....I did not think we covered that enough on the other 50 threads about the purchase.

 

[ngsp]

-800 negotiations are still ongoing. Airtran ACQUISITION has taken priority.

Gup

some folks still thinks it makes a difference, but thanks for the comment. see you on the line.

 

[Tejas-Jet]

Aquisition....buyout...merger....whatever you want to call it.....the end result is still the same.

Truthfully....does anyone really expect anything to change just because of a descriptive term that is used on FI.com ?

FYI...aquisition/buyout/merger #3 for me....believe me if this is your main concern, life must be pretty doggone good from where you sit.