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Old 06-26-2012 | 12:03 PM
  #43  
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acl65pilot
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From: A-320A
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Originally Posted by DeadHead
Does our current TA forbid such a venture?
Nope. Just DAL supporting someone buying us.

There are triggers in the TA and current PWA on a percentage of a foreign carrier/entity etc DAL can own before certain things happen, but there is latitude. there. There is no such direct working about a Foreign holding company that owns multiple airlines and or entities in the PWA. Not unless you make the jump that if one(holding company) owns an airline/entity that is in fact and airline and DAL has a 25% stake or greater in the holding company that our PWA would force certain mechanisms to trigger.

Also our labor contract and US labor law do not apply outside of our boarders. They do for us but not for foreign employed persons.