Southwest Airlines to Acquire AirTran; Spreading Low Fares Farther 6:55 am - PR Newsw

[PCL_128]

The catch though is...its not a merger..its a buy.

In the eyes of the law, there is no difference. As long as more than 50% of the assets are acquired, it's a merger transaction under Bond-McCaskil.

 

[Citrus531]

SWA is in for a rude awakening. The first time they see a 'dance off' at 2am with tugs in a circle with their lights on, they'll realize the need to 'import' some SWA help. ATL is by far....wait, DCA is worse....but ATL has the laziest, most disfunctional and unmotivated ramp force in the country. Anyone top it besides DCA?

AirTran ramp has vastly improved in the 7 years I've been here. There are some bad apples but for the most part, there's a lot of hard working managers and supervisors in Atlanta.

 

[Lear70]

The one you might get to meet in your preferential interview.

There isn't going to be an interview. Sorry if you don't like dem apples, but dems da facts.

Yeah...I read it. But I don't believe everything airline CEO's tell me. Do you???

When it's in an SEC statement required by federal law and backed by MORE federal law (Bond-McCaskill)? Yes, I do.

CEO's can make certain "forward-looking statements" in press releases that should not be taken for absolute fact. However, when they're made part of an SEC filing about operational issues such as merging two companies...

But thanks for the warm wishes, anyway.

p.s. Unless I preface my statements by saying "moderator hat on", the statements I make are my opinions only and do not reflect FI policy. I didn't cease to have an opinion the minute I agreed to be a Mod.

 

[Regul8r]

There isn't going to be an interview. Sorry if you don't like dem apples, but dems da facts.


When it's in an SEC statement required by federal law and backed by MORE federal law (Bond-McCaskill)? Yes, I do.

CEO's can make certain "forward-looking statements" in press releases that should not be taken for absolute fact. However, when they're made part of an SEC filing about operational issues such as merging two companies...

But thanks for the warm wishes, anyway.

p.s. Unless I preface my statements by saying "moderator hat on", the statements I make are my opinions only and do not reflect FI policy. I didn't cease to have an opinion the minute I agreed to be a Mod.

As has been mentioned before...it's a buyout, SEC rulings be damned. SWA and the lawyers did their homework. First and foremost, they're going to protect their business, and that doesn't involve letting long drawn out labor disputes get in the way. Gary is playing the PR cards very well.

It wouldn't be wise to follow PCL...it's definitely not the first time he's been wrong. You gotta learn sometime, right?

 

[Regul8r]

In the eyes of the law, there is no difference. As long as more than 50% of the assets are acquired, it's a merger transaction under Bond-McCaskil.

How do you feel now that ALPA Airtran is going away?

 

[Lear70]

As has been mentioned before...it's a buyout, SEC rulings be damned. SWA and the lawyers did their homework. First and foremost, they're going to protect their business, and that doesn't involve letting long drawn out labor disputes get in the way. Gary is playing the PR cards very well.

It wouldn't be wise to follow PCL...it's definitely not the first time he's been wrong. You gotta learn sometime, right?

I don't follow PCL, he follows me.

Seriously though, you're so far out in left field with this thing, it's scary, but it's a VERY well-played attempt at flame. If those pesky little things like Federal Law and violations of SEC filings didn't regularly end up with people in jail, people might actually *listen* to you.

As it is, I'm not concerned about it. They're going to acquire the airline intact - it's not like they're buying just the gates and landing slots, they're acquiring over 100 aircraft. They need our employees; it's just that simple, and in this job economy, threatening the job security of thousands of workers is a quick way to get the DoJ to step in and nix the whole thing.

Just the way of the world, my friend. But nice try.

 

[Regul8r]

Seriously though, you're so far out in left field with this thing, it's scary, but it's a VERY well-played attempt at flame. If those pesky little things like Federal Law and violations of SEC filings didn't regularly end up with people in jail, people might actually *listen* to you.

As it is, I'm not concerned about it. They're going to acquire the airline intact - it's not like they're buying just the gates and landing slots, they're acquiring over 100 aircraft. They need our employees; it's just that simple, and in this job economy, threatening the job security of thousands of workers is a quick way to get the DoJ to step in and nix the whole thing.

Just the way of the world, my friend. But nice try.

Hope the denial is helping you sleep at night, sweety

 

[Bake]

Lear70, I know you are just jerking this guys chain as you are smart enough to understand the flame coming out of his (you know what). I hope the rest of you over at AAI look forward to working together to make SWA a better place. Personally, I think this is all going to work out very well.

BAke

 

[Lear70]

Hope the denial is helping you sleep at night, sweety

Don't tease me...

 

[Regul8r]

Lear70, I know you are just jerking this guys chain as you are smart enough to understand the flame coming out of his (you know what). I hope the rest of you over at AAI look forward to working together to make SWA a better place. Personally, I think this is all going to work out very well.

BAke

Flame because it disagrees with you?

Riiiiiight...how's that "negotiation" for relative seniority coming along?