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Mergers and Acquisitions Facts, rumors, and conjecture

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Old 06-27-2008, 02:26 PM   #1 (permalink)
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Thumbs up NWALPA Unanimously Vote In Favor of the TA

"The second day of the NWA MEC Special Meeting opened at 0900, dedicated to answering all NWA MEC questions pertaining to the NWA/DAL ALPA joint contract tentative agreement (TA). After all information was understood, the NWA MEC unanimously voted in favor. Road shows will take place during July, a schedule yet to be determined, to inform all pilots and answer any questions relating to the TA. After all pilots have been briefed, the tentative agreement will be sent to the pilot group for membership ratification. Please keep in mind that you must be a member in good standing to vote. We will continue to keep you updated as new developments arise."
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Old 06-27-2008, 07:43 PM   #2 (permalink)
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OK, here's the deal. NWA/DAL expects the merger to create, what $1 billion in "synergies?"

Here's the deal. They can't do it without the us. They can't do it without being able to shuffle planes/bases, etc.

We won't be able to vote on the SLI. This is our only chance to utlize leverage. Yes, even in this environment, we have leverage, and plenty of it.

Let's get more. Let's get paid in advance instead of vague promises for future payoffs that never, EVER get fulfilled.

Let's vote against this. Managment is going to get paid millions. We need more now, not later.

They cannot do this without us. Let's go on the offensive and flex our leverage. We've been waiting for the chance to do this. We are the only two companies (other than SWA) who can seriously challenge managment for more money NOW. Let's get it.
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Old 06-27-2008, 08:40 PM   #3 (permalink)
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Quote:
Originally Posted by Spaceman Spliff View Post
OK, here's the deal. NWA/DAL expects the merger to create, what $1 billion in "synergies?"

Here's the deal. They can't do it without the us. They can't do it without being able to shuffle planes/bases, etc.

We won't be able to vote on the SLI. This is our only chance to utlize leverage. Yes, even in this environment, we have leverage, and plenty of it.

Let's get more. Let's get paid in advance instead of vague promises for future payoffs that never, EVER get fulfilled.

Let's vote against this. Managment is going to get paid millions. We need more now, not later.

They cannot do this without us. Let's go on the offensive and flex our leverage. We've been waiting for the chance to do this. We are the only two companies (other than SWA) who can seriously challenge managment for more money NOW. Let's get it.
Normally i would agree but with the current state of the industry and the fact that its getting worse everyday, we dont have the negotiating power to "get more". Thats why we didnt get more than LOA 19 rates. Look around you in this industry we are fortunate to be getting ANY gains in this environment. Dont let Greed get in the way. I guarantee if we push this off will will be shooting ourselves in the foot. Ask your buddies at other companies, especially UAL, what they think about you shrugging off pay raises, increased work rules and added stability during these economic conditions. If things keep getting worse we will be lucky if any of us get to keep our jobs or even have a company to come back to in the event of the F-Bomb. IMHO blowing this off now would be absolutely moronic.
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Old 06-27-2008, 11:06 PM   #4 (permalink)
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Normally i would agree but with the current state of the industry and the fact that its getting worse everyday, we dont have the negotiating power to "get more". Thats why we didnt get more than LOA 19 rates. Look around you in this industry we are fortunate to be getting ANY gains in this environment. Dont let Greed get in the way. I guarantee if we push this off will will be shooting ourselves in the foot. Ask your buddies at other companies, especially UAL, what they think about you shrugging off pay raises, increased work rules and added stability during these economic conditions. If things keep getting worse we will be lucky if any of us get to keep our jobs or even have a company to come back to in the event of the F-Bomb. IMHO blowing this off now would be absolutely moronic.
I have to agree with Superpilot92 on this one. With every other airline laying off and a bunch going bankrupt, we don't have the kind of leverage to push for more. I have to say our union folks did a good job considering the difficult financial times.
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Old 06-28-2008, 04:41 AM   #5 (permalink)
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Quote:
Originally Posted by Spaceman Spliff View Post
OK, here's the deal. NWA/DAL expects the merger to create, what $1 billion in "synergies?"

Here's the deal. They can't do it without the us. They can't do it without being able to shuffle planes/bases, etc.

We won't be able to vote on the SLI. This is our only chance to utlize leverage. Yes, even in this environment, we have leverage, and plenty of it.

Let's get more. Let's get paid in advance instead of vague promises for future payoffs that never, EVER get fulfilled.

Let's vote against this. Managment is going to get paid millions. We need more now, not later.

They cannot do this without us. Let's go on the offensive and flex our leverage. We've been waiting for the chance to do this. We are the only two companies (other than SWA) who can seriously challenge managment for more money NOW. Let's get it.
I think in this case management might have a little more leverage than the pilot unions. I say this because the deal is already going ahead. The only the type of leverage the pilot unions have, at this point, is the power to further induce financial strain on the new company.

The company could always refuse any type of pay raises for its' pilots, then we'll all be left to the powers that be at ALPA/Arbitration. The arbitration will create a SLI that either the NWA or the DAL pilots are unhappy with. This will create hostility and discord amongst the pilot ranks, during which there will be no type of contract improvements.
If we are fighting amongst ourselves over SLI for the next few years we will not be able to negotiate the type of contract improvements we all deserve.
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Old 06-28-2008, 04:46 AM   #6 (permalink)
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Quote:
Originally Posted by DeadHead View Post
I think in this case management might have a little more leverage than the pilot unions. I say this because the deal is already going ahead. The only the type of leverage the pilot unions have, at this point, is the power to further induce financial strain on the new company.

The company could always refuse any type of pay raises for its' pilots, then we'll all be left to the powers that be at ALPA/Arbitration. The arbitration will create a SLI that either the NWA or the DAL pilots are unhappy with. This will create hostility and discord amongst the pilot ranks, during which there will be no type of contract improvements.
If we are fighting amongst ourselves over SLI for the next few years we will not be able to negotiate the type of contract improvements we all deserve.
You are Dead On! I dont think anyone could have said it any better.
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Old 06-28-2008, 05:47 AM   #7 (permalink)
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I think in this case management might have a little more leverage than the pilot unions. I say this because the deal is already going ahead. The only the type of leverage the pilot unions have, at this point, is the power to further induce financial strain on the new company.

The company could always refuse any type of pay raises for its' pilots, then we'll all be left to the powers that be at ALPA/Arbitration. The arbitration will create a SLI that either the NWA or the DAL pilots are unhappy with. This will create hostility and discord amongst the pilot ranks, during which there will be no type of contract improvements.
If we are fighting amongst ourselves over SLI for the next few years we will not be able to negotiate the type of contract improvements we all deserve.

I disagree with the roof is falling mentality. We need to vote NO on this TA to send a clear message to the powers in charge that it does nothing to improve our income.
LOA19 was a stop gap and not the final result.
Keep your eyes on the prize folks. we can do better than 17% in 4 years. it is a disgrace.
To a real contract in the future. This will surely get my no vote!!
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Old 06-28-2008, 06:05 AM   #8 (permalink)
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Normally I am a hardliner that feels like ALPA always caves in on contracts. But, in this case with the price of fuel and the US economy I think we should be greatful with this TA. While others are failing our hope is to become a powerhouse. If the pilots try and squeeze management too much all it will do is cause more blood to flow and ulimatley an unhealthy company.

In 4 years hopefully the economy will be back to the good, mortgage crisis behind, fuel prices under control, US dollar propped up, and people in general not so concerned what is going to happen next. Then maybe another round of gains can be made that benefits all of us.
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Old 06-28-2008, 06:13 AM   #9 (permalink)
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Quote:
Originally Posted by Spaceman Spliff View Post
OK, here's the deal. NWA/DAL expects the merger to create, what $1 billion in "synergies?"

Here's the deal. They can't do it without the us. They can't do it without being able to shuffle planes/bases, etc.

We won't be able to vote on the SLI. This is our only chance to utlize leverage. Yes, even in this environment, we have leverage, and plenty of it.

Let's get more. Let's get paid in advance instead of vague promises for future payoffs that never, EVER get fulfilled.

Let's vote against this. Managment is going to get paid millions. We need more now, not later.

They cannot do this without us. Let's go on the offensive and flex our leverage. We've been waiting for the chance to do this. We are the only two companies (other than SWA) who can seriously challenge managment for more money NOW. Let's get it.
"Heres the deal..." Greed and stupidity...you'd better take a look around.
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Old 06-28-2008, 06:42 AM   #10 (permalink)
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My only grip is that it is a four year agreement with no COLA+ on the end of it.
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