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The arbitrator(s) will make that decision. I hope everyone on this thread copies what is written, and sends it to the lawyers, since they will be arguing it with the neutrals. And GK will have NO say when it comes to arbitration. And who will have a bad "rap" before going to SWA? Who cares? You get in the plane, and you fly it. You will ALL have the same uniforms (Fonzi like jackets), and it won't matter after 6 months goes by. You are making way too much out of this.
And you Mr Jetblue, better watch out with AA sniffing your heiny. That really won't be fun if that ever happens.
Bye Bye--General Lee
How much is it costing SWA to purchase AT?
Why do care about this so much?
Very strange.
I think it is 600+ mil cash and 57 million in stock purchase, but then again why sell a biz if they felt it was going to be long term successful. Did I hear AT was 2 bil in debt?
Think how much debt DL and NWA had prior to the merger? Plenty. Did it matter to the arbitrators? Nope. F9 was in BK, but AT is not even close. Every company carries some debt, even SWA, right? Keep swinging, maybe you will hit something....
Bye Bye--General Lee
Gen it's all good, this is not two government bail out carriers. Yes I understand your point about arbitration. We can't do anything about it, that's if it does go to arbitration. Yes, after the Acquisition is complete SWA will be carrying alot of AT debt. What people don't understand is the share holders of both sides see this as a opportunity to make a lot of cash. The Rioc will hit 25% which will create explosive growth to 2000-07 levels. What I would be worried about gen is your own turf in ATL, and MSP. Remember the little airline that could in Texas. Well our mgt still feels the need to grow and not be the little guy.
What ever body needs to watch out for the only legacy carrier that is sitting on a lot of cash and that never went BK. AMR will buy us all, unless Volaris does.lol
You will ALL have the same uniforms (Fonzi like jackets),
Bye Bye--General Lee