Skywest to buy Mesa and ExpressJet

[hotwing]

really?

Go ahead and try to buy xjt, but the lists will either be merged or it won't happen.

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[sniper]

Unoin thugg?

Nice spelling, now get your knee pads and get under the desk boy.

 

[Nevets]

What would Xjet bring to the table in terms of AC?

244 50 seat ERJs.

Skywest Inc. is not an airline, it's a holding company. ASA and Skywest Airlines are two wholly owned subsidiaries run independent of one another.

Would still have to combine pilot seniority lists.

Is it possible since Skywest INC is a holding Comany and not an airline they can bypass Expressjet scope?

Not unless the XJT pilots' contract is negotiated away.

Their contract would be binding to the airline they merge with, not the holding company.

Only their pilot group through the MEC can agree to something different.

That is incorrect.

I haven't read their contract, this is how it was explained to me by an XJT pilot.

Skywest Inc. can merge them with one airline or the other, from my understanding. Does the contract state something different?

That XJT pilot is incorrect.

Skywest can buy XJT tomorrow and does not have to merge any lists until new aircraft are purchased. Once a new plane is brought on property all the lists must be merged. That could be years from now.

For the pilots at XJT read pages 223-226. and then call CG for clarification

Props

This is incorrect as well.


Honestly guys, do you think that if there were any of these types of loopholes when SKW tried to buy XJT, that SKW would have surely exploited them then?

I believe that after the merger XJT will be the largest regional carrier for UAL, read somewhere that it would be 40% of regional feed. So for Skywest to acquire XJT makes sense to keep them as the dominant UAL regional.

As of the current block hours, XJT would be the largest regional lift provider for the new UA.

That dog won't hunt. How much do you expect to trade for that? My bet is nothing. There are programs being put in place to hopefully remove the whipsaw at the regional level. Could it evolve into more? That remains to be seen but as far as hiring only ALPA, I don't see that one having any legs for a long time.

I had heard that both CO/UA MECs and the DAL MEC was working on this type of contract language. Which may be the reason why supposedly SKW is no longer afraid of ALPA on its property with a combined list. Time will tell.

 

[homerjdispatch]

244

This is incorrect as well.


Honestly guys, do you think that if there were any of these types of loopholes when SKW tried to buy XJT, that SKW would have surely exploited them then?

Where theres a will theres a way.... Dont underestimate the business dealing of Jerry and team...

 

[Nevets]

Where theres a will theres a way.... Dont underestimate the business dealing of Jerry and team...

Exactly my point. But with all their will, JA and BR couldn't make it happen then. What makes you think it would be any different this time?

 

[WalterSobchak]

Don't hold your breath on that one. Smoke and mirrors. CAL wanted something from XJET and SKYW helped them out. CAL got what they wanted and SKYW was paid.

Things are not always what they appear to be.

Bingo. In hindsight, it sure seems that SKW had no real desire to buy XJT the first time around. It was little more than a business "favor" to COA...build a little rapport with COA management so as to not be forgotten when the UAL/COA merger went down.

 

[Nevets]

Bingo. In hindsight, it sure seems that SKW had no real desire to buy XJT the first time around. It was little more than a business "favor" to COA...build a little rapport with COA management so as to not be forgotten when the UAL/COA merger went down.

Not exactly. SKW had nothing to lose by trying to buy XJT and getting a nice $8M gift from CO for their troubles if it didn't happen. But trust me, they would have taken XJT in a heartbeat if only the XJT MEC would have allowed the disgrace JA was offering to the pilots. In the end, the XJT BOD got stuck signing SKW's CPA they negotiated with CO, which included all the reduced costs of the pilots taking a 16% paycut and other synergies and economies of scale.

 

[trip]

Nice spelling, now get your knee pads and get under the desk boy.

Stupid phone.

It is good to see ALPA advocating the use of proper safety equipment!

 

[BCpilot81]

From my perspective, the presence of ALPA at ASA hasn't done anything to prevent Skywest, Inc from running that airline exactly the way they want to.

- understaffed for lean, efficient operation
- PBS
- red arrow days all month
- inadequate reserve coverage

I mean...what would they be doing to run leaner/make more profits without ALPA representing the pilot group?

Is it really any different?

They automatically make 2% more than us. But we have the benefit of an outdated magazine subscription that finds a way to ask for even more money from us. Wouldnt want John Prater's ALPA donated condo foreclosed on

 

[Erlanger]

"Skywest to buy ExpressJet" announcement to come tomorrow, Tuesday, August 3rd. 2010.

 

[TEXAN AVIATOR]

ExpressJet Contract for anyone interested -

Successor and Mergers
1. This Agreement shall be binding upon any successor or assign of the Company
unless and until changed in accordance with the provisions of the Railway Labor
Act, as amended. For purposes of this paragraph, a successor or assign shall be
defined as an entity which acquires all or substantially all of the assets or equity of
the Company through a single transaction or multi-step related transactions which
close within a 12 month period.
2. No contract or other legally binding commitment involving the transfer of
ownership or control pursuant to a successorship transaction, whether by sale,
transfer or lease of the Company or substantially all of its assets, will be signed or
otherwise entered into unless it is agreed as a material and irrevocable condition
of entering into, concluding and implementing such transaction that the rates of
pay, rules and working conditions set forth in this Agreement will be assumed by
the successor employer and employees on the then current Pilots’ Seniority List
will be employed in accordance with the provisions of this Agreement. The
Company shall give notice of the existence of this Agreement to any purchaser,
transferee, lessee, or assignee of the operation covered by this Agreement or any
substantial part thereof. Such notice shall be in writing, with a copy to the
Association, at the time the seller, transferor, or lessor executes a definitive
agreement with respect to a transaction as herein described.
3. Unless otherwise agreed, the following provisions shall apply in the event of a
successorship transaction in which the successor is an air carrier or an affiliate of
an air carrier, or a transaction in which the Company acquires control of another
air carrier; and
Section 1 - Scope
12
a. The integration of the seniority lists of the respective pilot groups shall be
governed by Association Merger Policy if both pre-transaction pilot
groups are represented by the Association. If the other pre-transaction
group is not represented by the Association, Sections 3 and 13 of the
Allegheny-Mohawk Labor Protective Provisions ("LPP") shall apply. The
successor or Company, as appropriate, shall accept the integrated
seniority list, including any conditions and restrictions, established
through Association merger policy or LPP proceedings, as applicable;
and,
b. The respective pilot collective bargaining agreements shall be merged
into one agreement as the result of negotiations among the pilot groups
and the successor or the Company. If a fully merged agreement is not
executed within 9 months from the date a final and binding integrated
pilot seniority list is issued, the parties shall jointly submit outstanding
issues to binding interest arbitration; and,
c. The aircraft (including orders and options to purchase aircraft) and the
operations of each pre-transaction airline shall remain separated until
such time as both pilots’ seniority lists are integrated and the pilot
collective bargaining agreements are combined in accordance with
paragraphs D.3.a. and D.3.b., above; and,
d. Pending the merger of the pre-transaction carrier and the pilot collective
bargaining agreements and seniority lists, no pilot on the Pilots’ Seniority
List shall be reduced in status or pay category as an effect of the merger,​

purchase or acquisition.

The following additional requirements shall be applicable in the event of a merger,
purchase or acquisition involving the Company, regardless of the identity of the​

surviving carrier or whether formerly separate operations are to be integrated.

 

[BoilerUP]

"Skywest to buy ExpressJet" announcement to come tomorrow, Tuesday, August 3rd. 2010.

Less than 3 hours until the market closes...and these kinds of M&A announcements often come very early in the trading day or at the very end.

 

[CFIT]

Not sure about the ExpressJet deal, but was told the Mesa purchase was not looking to good right now. Also that SkyWest SAPA attempted to give the Mesa MEC all the info to date and they said they were not to talk with SAPA and that anything other than a merger would result in Mesa ALPA burning the place down.

 

[XPOO]

Mesa ALPA has no say in SkyWest winning an RFP. Which is exactly what all the Mesa 700/900 flying for US Airways is right now. If Mesa is cheaper on their bid, they'll probably continue to keep their flying with US Airways.

 

[homerjdispatch]

Mesa ALPA has no say in SkyWest winning an RFP. Which is exactly what all the Mesa 700/900 flying for US Airways is right now. If Mesa is cheaper on their bid, they'll probably continue to keep their flying with US Airways.

Although money isnt everything when you are dealing with a company in bancrupcy... What if US Airways is afraid of a MESA (sucks) Liquidation, no amount would be the risk...

 

[damnflyboy]

"Skywest to buy ExpressJet" announcement to come tomorrow, Tuesday, August 3rd. 2010.

August 3rd, 2010 will come and go...and nothing will happen.

 

[sniper]

Although money isnt everything when you are dealing with a company in bancrupcy... What if US Airways is afraid of a MESA (sucks) Liquidation, no amount would be the risk...

Mesa will be buying others .






TO .

 

[tommyknock83]

"Skywest to buy ExpressJet" announcement to come tomorrow, Tuesday, August 3rd. 2010.

For real???

 

[CFIT]

Mesa will be buying others .

Your Mother doesn't count.



.

 

[imisscorplife]

the speculation is horrible! The announcement should come tomorrow, earnings call day, what the announcement is? who the hell knows!