Southwest CEO: AirTran Deal 'Imperative' To Counter Fuel Spike

[jonjuan]

SWAPA, ALPA nor the SLI has anything to do with the DOCC . The DOCC will happen as soon as the DOJ and stock holders have given their approval. After that it is a done deal and that will happen long before the SLI has been worked out. Most likely mid May.

Finally, a factual post. And no, the aai mec hasn't been attending sli meetings because they haven't happened yet. Rest assured, alpa will have its say before being turned over to the arbie.

 

[Roomwithaview]

Fireman

SWAPA, ALPA nor the SLI has anything to do with the DOCC . The DOCC will happen as soon as the DOJ and stock holders have given their approval. After that it is a done deal and that will happen long before the SLI has been worked out. Most likely mid May.

I guess you haven't read Sideletter 8.

 

[texman]

X

The good news, with your GED and fondness for trolling the malls and playgrounds, you'll do great as a security guard at the local prison. That is if you don't find yourself on the inside looking out!:blush::laugh:

hey it was hard to get 5hay GED.LOL

 

[Dan Roman]

Give you something else to think about...

Rumor at US Airways last week is that they are buying Hawaiian, if so...Welcome to the party!

I know before you start, they want the big A/C...and your next argument, they have no money...That hasn't stopped anyone before! Rumors probably don't travel real fast from the mainland...You heard it here first!
KBB

Your right about us being isolated from rumors, I get mine from Flight Info!
Actually I heard that one and it already got squashed by their CEO pretty soundly in a company Q and A. We hear Delta and Alaska rumors much more often. The most recent one was AK was going to operate us as a separate company. I actually heard the same thing about SWA too.
The reality is Hawaiian Air is the States largest employer (after the Government of course!) and letting it become a part of a mainland company could be problematic politically to say the least. Hawaiian would not be cheap to buy, with a very strong balance sheet and over 300 mil cash on hand. However you are right, with creative financing anyone can buy anyone. Wasn't USAir trying to buy Delta? The other reality is Hawaiian is very successful being Hawaiian Airlines to Hawaii. Our Asia routes are proving to be doing even better than anticipated and we have no problem filling up widebodies to the mainland. People like to start their vacations to Hawaii on Hawaiian Air. Were you to paint Alaska, USAir, Delta etc on the airplanes and lose our local feel they would be spending a lot of money just to have a few more routes that they can fly anyway. Also, they would lose the competitive advantage Hawaiian has being "Hawaiian".

All that said the only thing we know for sure is everything will change in this business. It really boils down to money talks. There was a time when Piedmont had as good employee relations as SWA does now. Piedmont and USAir were two of the financially strongest in the industry when they merged. We all work in the screwiest industry around. I heard even PanAm is having financial troubles (we are a little isolated out here).

 

[FIREMAN]

I guess you haven't read Sideletter 8.

From Sidelatter 8. SWAP or ALPA with their Panties in a wad will not stop it

Under the Merger Agreement, effective on the Merger Closing Date, Southwest, through a series of simultaneous transactions, would acquire all of the stock of AirTran Holdings, conditioned on approval of the shareholders of AirTran Holdings, receipt of regulatory clearance, and customary closing conditions.

 

[roughneck]

SWAPA, ALPA nor the SLI has anything to do with the DOCC . The DOCC will happen as soon as the DOJ and stock holders have given their approval. After that it is a done deal and that will happen long before the SLI has been worked out. Most likely mid May

Nothing is done after DOCC other than SWA owning AirTran and its assets. You need to reread the sentence in your contract directly following the 18 month provision if you think you are guaranteed to be operationally merged with SWA. Your assets are on the chopping block directly after DOCC if Gary decides. You allowed that when you voted in the recent contract. I suggest you go read it. Don't bite the hand that feeds you.

 

[27 driver]

Nothing is done after DOCC other than SWA owning AirTran and its assets. You need to reread the sentence in your contract directly following the 18 month provision if you think you are guaranteed to be operationally merged with SWA. Your assets are on the chopping block directly after DOCC if Gary decides. You allowed that when you voted in the recent contract. I suggest you go read it. Don't bite the hand that feeds you.

Are you so insecure that you have to turn every post into my airline is bigger and better than yours. We get it. Somehow you turn every post into a some type of threat. All he was trying to point out is that nobody but the shareholders and the govt have any say in DOCC. Not SWAPA or ALPA. What happens after is anybody's guess. Give it a rest already. You're not scaring anyone.

 

[Lear70]

Nothing is done after DOCC other than SWA owning AirTran and its assets. You need to reread the sentence in your contract directly following the 18 month provision if you think you are guaranteed to be operationally merged with SWA. Your assets are on the chopping block directly after DOCC if Gary decides. You allowed that when you voted in the recent contract. I suggest you go read it. Don't bite the hand that feeds you.

Nobody's talking about "biting the hand that feeds you". We're talking about simply assuring a FAIR seniority list integration.

Fair does NOT equal a staple.

As for what you're reading in 1.E.2, the sentence that follows it reads:

Nothing in this Paragraph E shall prevent the Company from disposing of its interest in the other air carrier prior to the merger of flight operations.

Quite simply,,, you're reading it wrong. You have to go back to DEFINITIONS. The Company is AirTran. In legalese, wherever it says "the Company", insert the word "AirTran". That means the above section, in legal speak, would read:

"Nothing in this Paragraph E shall prevent AirTran from disposing of its interest in the other air carrier prior to the merger of flight operations."

It was designed to allow AirTran to purchase another airline (or a controlling interest in another airline) and sell that airline (or its controlling interest) PRIOR to merging the groups. That one sentence you're referring to quite simply doesn't apply in the event WE are purchased, NOR does it negate the rest of that paragraph, it was added by AirTran management to give them flexibility to buy another airline and sell it if they wanted. It's just that simple.

Seriously though, the fear-mongering needs to stop and people just need to let the process work. It'll be OK... I promise. Life will go on, it always does.

 

[Tweet-a-Lishus]

I'm curious Lear, you say fair doesn't equal a staple. Do you think relative does?

 

[Lear70]

I'm curious Lear, you say fair doesn't equal a staple. Do you think relative does?

Well, not that we're supposed to talk about expectations, but since I already threw the "no staple" comment out there repeatedly AND, since I've already said once before that a true relative seniority solution starting at our respective #1 guys and going down isn't fair in my opinion (our #1 guy just junior to your #1 guy and so on), and I'm not going back and deleting comments, I guess I can answer your question (since I already said it once a few months ago before we were told to not discuss specifics).



I have faith that our committees will work it out.