No arbitration in SWA and F9 deal

[Tanker Clown]

FDJ2,

Thanks for the F9 info. With reports like that, they must have a ton of offers to get out of Ch 11. You should be a Ch 11 expert, being a Delta guy and all.

 

[shootr]

Decisions...no. This decision...it would seem so. For what it's worth, SWAPA and FAPA have already had post announcement meetings and SWAPA officials seem to be happy with where FAPA is coming from. They have been in communication about this very thing for over a year.

 

[starchkr]

All of you who keep talking baout voting on what SWAPA comes up with for an integration do realize that a deal MUST be reached by the 10th right? It's now the 5th...do you have anything to vote on yet? I would bet that your management WILL go through with a purchase if they want to no matter what the pilot group thinks or says, since there are only 5 days remaining before the auction takes place.

Also, how many of you know what the RAH plan is for F9? Why do you think a SWA deal may be better than the RAH deal? I have heard what is planned for the company should RAH win...fences, planes, staffing, etc...not sure if i can exactly share them, but they sound a little better than the "hired as needed" plan that SWA has put forth so far. That could change though in the next few days, so we will have to see.

Also, like has been said, the employees at F9 do not get a very big say in which deal gets taken. We can agree to everything you SWA pilots want, and you still may lose the auction because of the Unsecured Creditors Committee and the judge. Again! RAH holds the largest say outside the judge as to which bid gets accpeted since they are number one on the UCC. We'll have to wait until the 11th to see, so really, right now bickering over seniority is pretty moot.

 

[Cometman]

All of you who keep talking baout voting on what SWAPA comes up with for an integration do realize that a deal MUST be reached by the 10th right? It's now the 5th...do you have anything to vote on yet? I would bet that your management WILL go through with a purchase if they want to no matter what the pilot group thinks or says, since there are only 5 days remaining before the auction takes place.

Also, how many of you know what the RAH plan is for F9? Why do you think a SWA deal may be better than the RAH deal? I have heard what is planned for the company should RAH win...fences, planes, staffing, etc...not sure if i can exactly share them, but they sound a little better than the "hired as needed" plan that SWA has put forth so far. That could change though in the next few days, so we will have to see.

Also, like has been said, the employees at F9 do not get a very big say in which deal gets taken. We can agree to everything you SWA pilots want, and you still may lose the auction because of the Unsecured Creditors Committee and the judge. Again! RAH holds the largest say outside the judge as to which bid gets accpeted since they are number one on the UCC. We'll have to wait until the 11th to see, so really, right now bickering over seniority is pretty moot.

First of all if SWA wins do you really need to decide which company would be better for you. Being at the bottom with the pay and benefits would be the best choice. If SWA wins and you don't like the deal SWAPA offered, don't take it.

 

[U2DRVR]

All of you who keep talking baout voting on what SWAPA comes up with for an integration do realize that a deal MUST be reached by the 10th right?

RAH holds the largest say outside the judge as to which bid gets accpeted since they are number one on the UCC.

Both incorrect

SWA will structure their bid such that the deal will not close unless and until labor agreements are reached. The deal is not likely to close until the end of the year. The auction will end on the 17th and then SWAPA and FAPA will have at least 30-45 days to come to an agreement. What they agree to will depend heavily on the details of how the purchase is structured.

RAH will not have a vote because they are a bidder and are legally obligated to recuse themselves from the decision.

 

[Tanker Clown]

I may be no legal scholar, but I can only assume that since RAH is on the board of creditors, they must recuse themselves from the proceedings.

 

[koko nw]

I have little doubt that SWAPA wants to staple F9 pilots, but I also have little doubt that at the end of the day SWAPA will have little say in the acquisition and if F9 is acquired that the Bond-McCaskill bill will mandate A-M LPPs.

UOTE]
I beg to differ as the man said a couple of postings ago

"Swapa will have a legally binding way to stop the deal. The binding offer will have a contengency requiring a labor agreement between the pilot groups prior to closing of the transaction.

That is how the Swapa president can say with all certainty that this will not go to arbitration. We either come to agreement or the deal is off"

You may be right about having to integrate them but what's to stop them from furloughing them later on? Isn't that what's being proposed at big D if not enough folks take the early out? You can't honestly believeyou folks are going to keep all the Delta and NWA's boys and girls are you with all your capacity reductions and "synergy" effects?

Remember this company ain't run like yours. The puzzle palace folks actually give a rats behind about their employees and it's culture. It might suprise you but they actually do listen to their front line employees.....How novel.

regards

 

[Porch]

As far as the hire as needed thing goes... I'd rather be hired as needed given WN's past hiring numbers, no furloughs & performance... than be at RAH. So you sit on the street for a while getting uneployment and enjoying your family or you get your EMT, volunteer @ the fire dept. We all know that you should have at least 1 year salary in the bank for situations like this... Right? In the long run it would behove the F9'ers. IMFOpinion

 

[starchkr]

First of all if SWA wins do you really need to decide which company would be better for you. Being at the bottom with the pay and benefits would be the best choice. If SWA wins and you don't like the deal SWAPA offered, don't take it.

Ummmmm...if SWA wins, do i really have any choice whatsoever as to which company would be "better"?

 

[starchkr]

Both incorrect

SWA will structure their bid such that the deal will not close unless and until labor agreements are reached. The deal is not likely to close until the end of the year. The auction will end on the 17th and then SWAPA and FAPA will have at least 30-45 days to come to an agreement. What they agree to will depend heavily on the details of how the purchase is structured.

RAH will not have a vote because they are a bidder and are legally obligated to recuse themselves from the decision.

Part one...ok, i understand the idea.

Part two...I guess that would make the pilots the next highest voice on the UCC.

 

[shootr]

Here's the chioce you have...convince your union leadership to come to an agreement with SWAPA and then vote yes. If SWA wins the auction, you just made your choice. If you get all militant, negotiations break down, and SWAPA politely asks SWA to pull out (and they comply as they said they would), there's your other choice. I agree this is a harsh reality. I don't envy your position. I truly wish you and your pilot group the best and I hope we can work this thing out.

shootr

 

[airlinepilot]

It will be interesting....RJ's and their payscales or SWA and their pay scales......let's see is that a hard one?

 

[StaySeated]

Both incorrect

SWA will structure their bid such that the deal will not close unless and until labor agreements are reached. The deal is not likely to close until the end of the year. The auction will end on the 17th and then SWAPA and FAPA will have at least 30-45 days to come to an agreement. What they agree to will depend heavily on the details of how the purchase is structured.

RAH will not have a vote because they are a bidder and are legally obligated to recuse themselves from the decision.

Respectfully, this is not accurate.

RAH does not have to recuse themselves and, if you read their investment proposal, they have significant leverage with regard to who wins the auction.

The RAH investment proposal is available publicly at the epiq website. Due to the fact that they presented the first qualifying offer and binding proposal (the only binding proposal thus far) they were able to seriously stack the deck in their favor.

The auction will take place, in $1 Million dollar increments, next Tuesday. The "Successful Proposal" will be decided on that day. Due to the fact that SWA and SWAPA are now saying that they must have an agreement prior to submitting a binding proposal and the binding proposal must be in by the 10th, I am not sure how there will be any sort of a vote. The RAH investment proposal does allow for an extension up to the 17th, however, RAH has the right to deny that extension.

RAH, as the "white night" (first person to submit a binding proposal) has essentially written the rules of the game. They couldn't be further from recusing themselves.

 

[FDJ2]

I have little doubt that SWAPA wants to staple F9 pilots, but I also have little doubt that at the end of the day SWAPA will have little say in the acquisition and if F9 is acquired that the Bond-McCaskill bill will mandate A-M LPPs.

UOTE]
I beg to differ as the man said a couple of postings ago

"Swapa will have a legally binding way to stop the deal. The binding offer will have a contengency requiring a labor agreement between the pilot groups prior to closing of the transaction.

That is how the Swapa president can say with all certainty that this will not go to arbitration. We either come to agreement or the deal is off"

From where does the SWAPA President derive the power to prevent SWA from acquiring F9? Maybe you have it written in your contract, could you produce the contract language that would prevent management from acquiring F9 without SWAPA's approval? Not saying your management won't back down in the end, just wondering where SWAPA has the contractual and binding power to drive management's decisions with regards to this merger.

You may be right about having to integrate them but what's to stop them from furloughing them later on?

If they furlough, wouldn't that be done in inverse seniority order at SWA? Or does SWAPA's PWA allow for furloughs in other than inverse seniority order? If the F9 pilots are integrated, what makes you believe they will be stapled?

Isn't that what's being proposed at big D if not enough folks take the early out?

No.

You can't honestly believeyou folks are going to keep all the Delta and NWA's boys and girls are you with all your capacity reductions and "synergy" effects?

No furlough planned so far, not even mentioned, but things change in this industry, even believe it or not at SWA, but this isn't about DAL, so nice try at changing the subject.

Remember this company ain't run like yours. The puzzle palace folks actually give a rats behind about their employees and it's culture. It might suprise you but they actually do listen to their front line employees.....How novel.

Really, at DAL we had negotiated payraises, and equity before the merger was even announced. Last I saw you don't even have a TA.

Good luck with your merger with F9 if it goes through. Remember the "Golden Rule". One day it might be you.

 

[FDJ2]

If you get all militant, negotiations break down, and SWAPA politely asks SWA to pull out (and they comply as they said they would), there's your other choice.

If SWAPA has enough pull to prevent a merger that SWA management apparently really wants, why don't you have a new contract? Certainly management at SWA will give SWAPA whatever it wants.