Single Carrier? ABX/CHI What does it take?

[flyinboxes]

Interesting reading online. My guess is that the 1224 will apply for the single carrier test ASAP. Otherwise its gonna be whipsaw hell over there. The NMB section 19 provides some interesting reading on this as well as several books. All seem to have an underlying theme. As long as the companies are run relatively seperate, mx , dx, even different uniforms, the test may fail. Otherwise its going to be the CBA language that prevails or fails.
http://utu.org/PDFs/representation-manual.pdf

 

[l8fr82hub]

One stumbling block to this would be ATI's passenger ops. Either ABX would have to have PAX ops added to their certificate or everything would have to be merged under ATI's certificate.

 

[Quasar]

19.501 is especially interesting.

According to the securities and exchange filing ABX intends to keep everyone separate in holding companies. They are even spinning off ABX Air with ABX Air becoming a wholly-owned subsidiary of ABX Holdings. ABX Holdings will become the new public reporting company.

The Stock Purchase Agreement provides that ABX Holdings intends to have CHI or one if its subsidiaries employ substantially all of the current employees of CHI and its subsidiaries after the closing date.

CHI entered into two year employment agreements (with the term commencing on the closing date) with three senior executives of CHI: Peter Fox, Todd Hunter and George Golder. In addition, following the closing, ABX Holdings agreed to cause CHI to offer employment to eight other members of CHI's management team on economic terms no less favorable to such persons than their respective economic terms with CHI as in effect on November 1, 2007.

Here’s the whole read.

http://biz.yahoo.com/e/071106/abxa8-k.html

 

[ABXbooger]

Wanted to put this back on top...any more comments?

 

[b707guy]

As of Friday, the powers that be were sticking with their story that all three carriers will be kept separate. In the end, I'm not sure how CHI as an entity will fit into this, as it seems to both of my functioning brain cells that ABX Holdings won't need a middle level of management (CHI) between themselves and ATI/CCI/CAM/LGSTX while keeping ABX Air and CHI at the same level on the box-n-stick page. The CHI managers seem to be protected as far as their jobs go, according to the available information, but for now anyway, it seems that we will all keep on keepin' as we've done in the past.

There are quite a few hoops to run through well beyond our respective companies before any of this can take place, so keep in mind that it's not a done deal!

 

[inplaneview]

"According to the securities and exchange filing ABX intends to keep everyone separate in holding companies. They are even spinning off ABX Air with ABX Air becoming a wholly-owned subsidiary of ABX Holdings. ABX Holdings will become the new public reporting company."


I think the table is set for ASTAR to come in and buy ABX Air. Hete will move on and do all the non-DHL stuff, to include Miami and ANA, with his new acquisitions.

 

[Hocus Focus]

this story has played out already i.e. Polar/Atlas..pilots unite NOW!!!!!!!!!!and get on the same page.

 

[LarryinTN]

Hete will move on and do all the non-DHL stuff, to include Miami and ANA, with his new acquisitions.

It is ABX Air that the Japanese approved, not ABX holdings. They can't split off a couple of 767s and continue to fly the ANA charter under one of CHI's certificates.

 

[shooter]

As of Friday, the powers that be were sticking with their story that all three carriers will be kept separate. In the end, I'm not sure how CHI as an entity will fit into this, as it seems to both of my functioning brain cells that ABX Holdings won't need a middle level of management (CHI) between themselves and ATI/CCI/CAM/LGSTX while keeping ABX Air and CHI at the same level on the box-n-stick page. The CHI managers seem to be protected as far as their jobs go, according to the available information, but for now anyway, it seems that we will all keep on keepin' as we've done in the past.

There are quite a few hoops to run through well beyond our respective companies before any of this can take place, so keep in mind that it's not a done deal!

Did I read that the Fox and the CHI mgmt team signed for a two year deal to stay on with ABX holdings? I don't know how I got that in my head, but if it is so that coincides with the current ABX DHL ACMI. Not that it means anything, but you never know what the master plan holds.

 

[b707guy]

Did I read that the Fox and the CHI mgmt team signed for a two year deal to stay on with ABX holdings? I don't know how I got that in my head, but if it is so that coincides with the current ABX DHL ACMI. Not that it means anything, but you never know what the master plan holds.

Yep - its in the post above by Quasar, and shown in full in the included link. Interesting timing, though, for the ACMI bit.