FlyBoeingJets
YES, that's NICE
- Joined
- Mar 20, 2003
- Posts
- 1,802
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I have recently flown with a few of the ATA guys that got hired with us. Great guys to work with and we need more! It would be great to bring the guys back that have been furloughed.
I hope its true. I would be honored to have the ATA Pilots join Southwest Airlines!
To attempt to answer your what ifs.
Well, at the risk of starting the previously mentioned seniority list wars that Capt Seth mentioned....
IF IF IF IF IF IF this were to occur, what would SWA do about the FEFOs and FECAs??
What about the guys who don't have a 737 type rating??
What about the guys who don't have the 1500 (or whatever it is) hours of turbine PIC??
What about the guys on the DC-10, the L-10, and the 757??
What about all the furloughees, both voluntary and involuntary??
Speaking of the voluntary furloughees, what about those who are very senior, and could come back right away??
What about the guys who have been turned down by SWA already, 1 or 2 or 3 times??
I'm sure this is more of a can of worms than SWA really wants or needs, ans is also more that SWAPA will care to deal with.
I think the majority, if not all, of the ATA pilots would not end up employed by SWA.
Pickle,
Operated as a wholly owned subsidiary, you will just keep all the ATA misfits at ATA operating for SWA.
I love being an ATA misfit.
I don't! It's bad enough no one outside HI and the military knows who we are.
Don't feel bad, Hal. Last Saturday I was sitting in the SFO Sheraton Crew Room before my show (I was in full uniform). There was a UAL FO (nice lady, obviously a recent recall) there who asked me who I flew for. I told her 'AirTran' and she responded 'you mean ATA'?
She had never heard of AirTran.
NOT A MERGER:
Types of acquisition
An acquisition can take the form of a purchase of the stock or other equity interests of the target entity, or the acquisition of all or a substantial amount of its assets.
Asset purchases - in an asset purchase the buyer buys the assets of the target company from the target company. In simplest form this leaves the target company as an empty shell, and the cash it receives from the acquisition is then paid back to its shareholders by dividend or through liquidation. However, one of the advantages of an asset purchase for the buyer is that it can "cherry-pick" the assets that it wants and leave the assets - and liabilities - that it does not. This leaves the target in a different position after the purchase, but liquidation is nevertheless usually the end result.
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"Why buy the cow when the milk is free?" - You want the beef too.
"... IF this were to occur, what would SWA do about the FEFOs and FECAs??" - Nothing. They are current and qualified.
"What about the guys who don't have a 737 type rating??" - Give em' 6 months to buy one. Just like new hires. OR...SEE BELOW.
"What about the guys who don't have the 1500 (or whatever it is) hours of turbine PIC??" - SWA makes the minimums. SWA can change the minimums.
"What about the guys on the DC-10, the L-10, and the 757??" - Not a merger. An asset acquisition. 737's sched. service codeshare only will be acquired.
"What about all the furloughees, both voluntary and involuntary??" -Not current. So sorry. Buh Bye. NOT A MERGER. An Asset Acquisition. 737 current and qualified only.
"Speaking of the voluntary furloughees, what about those who are very senior, and could come back right away??"- So sorry. See above. Bad roll of the dice for some folks.
"..PHX and LAS to HI ain't gonna happen on any B737" - 737-900/900 ER
Next....
You don't work for SWA do you? Why change the rules for a couple of hundered pilots, while all the rest played by the rules? Not interested in employee harmony, are you?
I'll say again, no 737 has the performance to get out of LAS or PHX to HI. You'd have to go with many empty seats. the 900 has the same engine as an -800, 27k. I'd put my money on the 787 over the -900 any day.
ATA is putting B757's back on the LAX to HNL flights. Largely due to it's cargo carrying capacity. This is the real bread and butter. Our -800's with 158 full seats (2 class) can barely carry 2000 lbs. of cargo. Our B757's are 185 pax (2 class) and can carry 8-10000 lbs. of cargo, and they'll out perform any B737, any day.
As far as the asset aquisition you mentioned: can't disagree much there. My guess is that if it's going to happen it will be something like that. However, PHX and LAS to HI will have to be dealt with in some manner.
Hal,
From Boeing:
"737-900ER - The 737-900ER is the newest addition to the Boeing 737 line and was introduced to meet the range and passenger capacity of the discontinued 757-200."
YKW
Information like SWA buying ATA could not be released to the employees of the company or anybody else, due to SEC rules. This affects stock price and is considered inside information. I highly doubt some VP is going to give this kind of information out with the possibility of getting in trouble later.
"... IF this were to occur, what would SWA do about the FEFOs and FECAs??" - Nothing. They are current and qualified.
Current - I'll give you that.
Merry Christmas.
Jim,
Maybe buying ATA will fill the gap with all of the close to age 60 guys retiring in the next 18-24 months. With the APA and ALPA against the age increase, maybe the debate will last 2-3 years.... Hey, when do you retire?
Bye Bye--General Lee