Folks, SWA is going to do what is in the best interest for SWA shareholders. THAT, my friends, comes FIRST, and is undisputed.
SWA will get what it wants for what it wants to pay, in order to reach the above goal. Or, they will walk.
Public comments by SWA about this and that, are nothing more than 'forward looking statements'. It is ALL SUBJECT TO CHANGE.
As far as employees go, SWA will take ONLY the minimum number required to execute it's business plan. Of which only a glimmer has been divuldged. SWA will require that as part of the deal. This will force ATA to layoff those employess that are not needed, insuring that ATA will have to assume the costs associated with these layoffs.
This is "standard aquisition stuff" boys and girls.
This is NOT to say that SWA will not subsequently lay off after the deal, but they will not likely bring on folks in order to get rid of them.
This is how it works folks. Companies with 'cash in hand' have leverage beyond belief.
Survival of the fitest, and I'm all for it.