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SWA to speed up Airtran integration.....article

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PCL, Don't forget that Guadalupe Holdings purchase AT, not SWA. There is a reason that this transaction went through two holding companies prior to closing. Just in case GK needed an out, these companies provided that out. Would it have been messy....Yep!!

Guadalupe Holdings owned AirTran for the amount of time it took Gary to sign two pieces of paper. On the date of corporate closing, AirTran Airways became a wholly owned subsidiary of Southwest Airlines. Guadalupe was nothing but paperwork for legal purposes.
 
Please respond to the bold insertions.


SEC. 117. LABOR INTEGRAT ION.
(a) LABOR INTEGRAT ION.—With respect to any covered transaction involving two or more covered air
carriers that results in the combination of crafts or classes that are subject to the Railway Labor Act
(45 U.S.C. 151 et seq.), sections 3 and 13 of the labor protective provisions imposed by the Civil
Aeronautics Board in the Allegheny-Mohawk merger (as published at 59 C.A.B. 45) shall apply to
the integration of covered employees of the covered air carriers; except that—
(1) if the same collective bargaining agent represents the combining crafts or classes at each
of the covered air carriers, that collective bargaining agent’s internal policies regarding
integration, if any, will not be affected by and will supersede the requirements of this
section; and
(2) the requirements of any collective bargaining agreement that may be applicable to the
terms of integration involving covered employees of a covered air carrier shall not be
affected by the requirements of this section as to the employees covered by that agreement,
so long as those provisions allow for the protections afforded by sections 3 and 13 of the
Allegheny-Mohawk provisions.
(b) DEF INIT IONS.—In this section, the following definitions apply:
(1) AIR CARRIER.—The term ‘‘air carrier’’ means an air carrier that holds a certificate issued
under chapter 411 of title 49, United States Code.
(2) COVERED AIR CARRIER.—The term ‘‘covered air carrier’’ means an air carrier that is
involved in a covered transaction.
(3) COVERED EMPLOYEE.—The term ‘‘covered employee’’ means an employee who—
(A) is not a temporary employee; and
(B) is a member of a craft or class that is subject to the Railway Labor Act (45 U.S.C.
151 et seq.).
(4) COVERED TRANSACT ION.—The term ‘‘covered transaction’’ means—
(A) a transaction for the combination of multiple air carriers into a single air carrier;
and which
(B) involves the transfer of ownership or control of—
(i) 50 percent or more of the equity securities (as defined in section 101 of
title 11, United States Code) of an air carrier; or
(ii) 50 percent or more (by value) of the assets of the air carrier.

(c) AP P LICAT ION.—This section shall not apply to any covered transaction involving a covered air
carrier that took place before the date of enactment of this Act.
(d) EF F ECT IVEN ES S O F PROVI S ION.—This section shall become effective on the date of enactment of this
Act and shall continue in effect in fiscal years after fiscal year 2008
 
Because Delta Don't want them...
 
Which is a very important point no matter how you feel, if GK was only interested in the bottom line, there would be furloughs with the announcement of the 717 departure, therefore, the spirit is alive and well.
 
Sounds like the DAL guys screwed over an ALPA brother!!! Say it ain't so. I thought all you ALPA guys took care of each other? DAL should have stepped up to the plate and took these guys because it was the right thing to do...you know the golden rule!!
 

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