Southwest submits proposal to acquire Frontier Airlines

[shagadelic]

I think the Bond MacCaskill law applies here, but the law says we come to an agreement, or on to arbitration. All SWA has said is that without an agreement with the unions, then no deal. We won't go to arbitration. I think if we purchase Frontier, the pilots come too, at least that's what I have heard from some of our union guys in the "know". The question is, will the unions come to an agreement. I would think even a pay protected staple, with the ability to make 140 grand within a few years, as an FO, with a solid company, would be better than taking a chance on Republic.

Personally, I'm all for this, I think it's a win/win for everyone involved. But we have a lot of worry right now amongst our junior pilots. A hard-line stance from Frontier guys would scuttle this thing quicker than anything, IMHO. Fortunately, I haven't seen this, as most I've talked to are excited about the prospects of coming over, and I think the vast majority of us would love to have them.

BTW, the law does not say you can't staple. It says "fair and equitable". And that is for the two unions to hash out. Once again, if they or us decide it's not fair or equitable, then fine. We'll pass. The last thing we need is a big ugly integration.

 

[Tejas-Jet]

Wasn't there a furloughed US Air pilot at Morris?

Story is that he came to SWA via the buyout....was a Capt at that time....got called back by US Air...left a plane at the gate in SAN to go back to US Air...

Shortly after he got back....9-11 happened...and he was promptly furloughed again.

 

[shagadelic]

Ummm, Morris was in 94. I've never heard anything remotely similar to what you're talking about. A guy in my new hire class left to go to United after being at SWA for a few months, that didn't work out good for him, but who knew?

 

[Whine Lover]

" ATA...struggling to gain a foothold in scheduled service. "

Well, I wouldn't call being the largest carrier in MDW (surpassing SWA for many years ), the largest carrier in IND, and operating a scheduled service Route System that encompassed 42 cities exactly "struggling".

Would you?




YKMKR

 

[arjayeffo]

Anybody??

A shadow shall fall over the Universe...
And evil will grow in its path...
And death will come from the skies...

Southwest Airlines... the Loc-Nar of the Airline World.

 

[sshrae]

I can't believe how excited some of the F9 guys sound about the prospect of INTERVIEWING to become a WN pilot. Hello....wake up! You are going to be on the street! The only way your going to fly one of Southwest 73's is if you BUY a ticket.

I don't see anyone going toe to toe with WN in a bidding war so your fate may already be sealed. I don't feel sorry for the guys who were bashing RAH saying they would rather "burn this place down" then working for a regional. Southwest will burn it down FOR you.

RAH=borg
WN=deathstar

You are correct that if this deal with WN goes through frontier will cease to exist before long, however, I think you are wrong about the F9 pilots ALL going to the street. You need to review the McCaskill Bond. This is a buyout, not a finance deal like ATA. SWA never owned ATA, they just gave them money and had a codeshare. There is a big difference. Plus the BK judge will have the employees of Frontier's interests in mind. He will not let this deal go through if it will mean all the employees will go to the street. If that is SWA's intent then RAH will more than likely win the decision. Do yourself a favor and review the bond, you might think differently.

 

[TV9Driver]

So what happens to all us SWA poolies? Are we getting flushed?

 

[OurMoney1]

You are correct that if this deal with WN goes through frontier will cease to exist before long, however, I think you are wrong about the F9 pilots ALL going to the street. You need to review the McCaskill Bond. This is a buyout, not a finance deal like ATA. SWA never owned ATA, they just gave them money and had a codeshare. There is a big difference. Plus the BK judge will have the employees of Frontier's interests in mind. He will not let this deal go through if it will mean all the employees will go to the street. If that is SWA's intent then RAH will more than likely win the decision. Do yourself a favor and review the bond, you might think differently.

The BK judge has a responsibility to the creditors. Dont get caught up in the kool-aide that somehow jobs will be preserved. Money talks, people walk....I've read the Bond and its spirit means well but between all of that is precedence and there is alot to indicate that the debtors are always taken care of first, people second.

 

[Flying the Line]

Bond-McCaskill will only come in to play if there is no agreement reached and SWA buys F9 anyway.

 

[FR8dognit]

Bond-McCaskill will only come in to play if there is no agreement reached and SWA buys F9 anyway.

The way I read it the latter will not happen [WN buys F9 anyway]