Originally Posted by
FriendlyPilot
Pilots would only go over with a full merger, meaning acquiring the entire legal entity of Spirit. If another airline or airlines buys assets of Spirit then pilots don't automatically go with any assets.
Not true at all... it all depends on the buying company and the CBA still all regulated heavily under RLA and the bankruptcy code. The bankruptcy laws have changed throughout the years and it is designed to protect labor. In the past most airlines took the pilots, but it was mostly staples and lives were ruined, laws have changed it. Of course the buying company under Chapt 11 can reject the CBA of the acquired airline and it would require a JCBA with court approval. Section 1113 highly regulates this stuff and honestly is more of a headache for the buying airline. So in reality, the buying airline under Chapt 11 is mostly likely deciding to keep the pilots BEFORE even making a deal. The the JCBA is required under the bankruptcy law. If F9 wants NK and its planes, pilots most likely will be going with the deal under chapt 11.
Now, chapt 7 is a totally different animal. That basically ends Spirit operations, court trustee takes over and NK pilots are out on the street. Ive also seen the SW rumor here, SW would take the pilots, but they would want the unions to come to an agreement as would F9. The agreement if SW took over would be something similar to AirTran (a bloodbath for NK pilots) But hey, i guess its better than Chapt 7 right? I can tell you any airline that acquires NK assets and planes WILL take the pilots and want the unions to come to an agreement and that will be bad for NK pilots, but better than being on the street without a job... These airlines managements are mostly focused on getting a DEAL and to beable to increase revenues with growth and competing with increased profibility, very little are they thinking "hmm, should we keep pilots, should we not"? employees are just a necessary expense that they know they need. They are chasing BILLIONS in new revenues, not worried about $150M or so savings in adding new pilots to their expenses. They know the unions will battle that out and worry about that stuff in the end. Revenues and growth is their main focus and with that expenses come along with that. Standard stuff here.. So understand the bankruptcy laws.. chapt 11 for unionized employees is highly regulated and complex.
BTW, I see you comment on many airline profiles multiple times per day, you have too much time on your hands, maybe you need to find yourself a woman and go get LAID! LOL