Originally Posted by
ChinsFive
SkyWest Inc. isn't an air carrier, they are a holding company that owns 2 air carriers (SkyWest Airlines and ASA) That's what the problem for us will be.
Well, here's the applicable paragraph in Letter 1:
Originally Posted by XJT CBA Letter 1
No contract or other legally binding commitment involving the transfer of ownership or control pursuant to a successorship transaction, whether by sale, transfer or lease of Holdings or substantially all of its assets, will be signed or otherwise entered into by Holdings unless it is agreed as a material and irrevocable condition of entering into, concluding and implementing such transaction that the obligations contained in this letter will be assumed by the successor. Holdings shall give notice of the existence of this letter to any purchaser, transferee, lessee, or assignee. Such notice shall be in writing with a copy to the Association, at the time the seller, transferor, or lessor executes a definitive agreement with respect to a transaction as herein described.
That's really where all of this is coming from. Letter 1 is a clarification of Ch. 1, and doesn't seem to contain any of the same "air carrier" vs. "air carrier affiliate" issues that Ch. 1 may have.