Ty Webb
Hostage to Fortune
- Joined
- Dec 10, 2001
- Posts
- 6,524
This is not a merger so that is not a player. In our contract we have a similiar provision only if we buy someone. Is yours worded the same way? Would you mind sharing the wording of that section of your contract?
Mergers and Acquisitions are treated the same under our Contract. Our Contract requires the other airline, in this case, SWA, to sign off on it before consummating the purchase. It's my understanding that SWA has signed it.
Basically, our Contract says that in the event of a merger or a purchase of AAI the operations have to be combined within 18 months and the seniority lists merged according to Allegheny Mohawk or existing RLA law. It also prevents selling off the assets before combining operations.