Originally Posted by
eaglefly
It is error to think a settlement by two parties to avoid an arbitral award is equal to an arbitral award. If that were the case, there would be no difference. The company settled for a reason and that was to allow for more flexibility in the future rather then be bound by an arbitral award. It is why they are moving the 824 out ASAP. Besides, they wont need to "take it away", Envoy ALPA will agree to dilution of the Envoy flow when confronted with a worse result then if they don't.
Then Envoy is doomed. If that is the plan all along, fine. But if not, IMO, the protected pilots will all go as planned. Afterwards the flow begins to flatten out. Then the three wholly owned will be on close to equal footing. This will take four to five years.
If they cannot find enough recruits, something will be done. This is not a Comair situation, regardless of what Glass said three years ago. AAG has billions to play with. Destroying one of their wholly owned will cost mucho dinero, much more costly than throwing a little extra into a recruitment tactic. Shareholders may not look kindly upon it, either.
If Envoy is to remain a viable regional, AAG cannot alter the flow in a negative fashion. It is the end of Envoy if they decide to do otherwise.