Popeye0537
Well-known member
- Joined
- Jun 30, 2003
- Posts
- 513
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
FurloughedAgain said:Thats not a very good comentary on the quality of jobs at Mesa... or potentially at Republic, is it?
FR8mastr said:Let me try and expain a little.
Mda is operated as a seperate unit under the Airways certificate. it is called officially the EMB 170 division of US AIRWAYS. While MDA shares many items and services with Airways, we have our own dispatchers and schedulers. (those folks work from the same place as ML) Republic is buying all aircraft, the simulator, the Door trainer, and other associated 170 items. IE all of the 170 operation. After this deal is done the US Airways dispatchers ect. will not control the 170, republic will. Sounds like a change of control to me! But hey maybe that is not enough for you. Try this on, LOA 91 also states that the change of control provision will also apply upon the sale of 36.5% of the aircraft. I am not a math major but all of the aircraft is more that 36%. So just because your management and ours claim this is just an Asset sale does not make it so.
Besides all that, no matter what the outcome, you at republic will have 100% of the aircraft as soon as the Airways pilots can get out. I can almost say to a man that will happen just as soon as humanly possible. So worst case your new hires or the guys that havent even been hired yet might have to fly in the right seat for a year or two before upgrade. If somebody told me I would get 25 more aircraft in two years or less, that would be good news, that is what you are getting! This does not count the 3 from Brazil or all the flying you are getting from United.
Capt.PoopyPants said:Ok, if that sounds like a change of control to you, what would you characterize as an asset sale. A few years down the road if Republic was to lose their codeshare with Airways would the control of these MDA assets go back to Airways or would they stay with their new owners. It sure seems like it would stay with Republic. If that's the case, it seems like an asset sale.
Popeye0537 said:Right control of the 170 division....Not the 757,767,A330 etc. Does LOA 91 specify grouping of aircraft?
Popeye0537 said:Im not a math major either, .
FR8mastr said:This is not my idea, this is what the company agreed to in LOA 91. Personally if repulic was buying the sim? Sale... a few aircraft? sale... a combination? sale... The whole entire operation? change of control. Again this is what is in LOA 91
Bottom line Airways managment wants the 100mil. to pull it off they need to eliminate as many people as possible from the deal. Why you ask? because your boss wants the windfall of profits that come with these contract deals (cost plus). To pull this off your boss also does not want the people, only because your pilots will try and stop this. rightfully so. SO if these management types can rid themselves of the MDA pilots our management and yours are happy. But its not that easy, there is the J4J problem, the easiest solution for the brain trust is to make it the lowest possible number so the CHQ pilots will take it. Then it happened the MDA pilots drew a line in the sand and said NO! They will try and enforce the contract that Airways agreed too. The CHQ pilots WILL end up with ALL these AC in the end.