Originally Posted by
ImperialxRat
To try and answer your question a little more thoroughly, we have in our contract a clause that says:
"This Agreement shall be binding upon any successor or assign of the Company unless and until changed in accordance with the provisions of the Railway Labor Act, as amended. For purposes of this paragraph, a successor or assign shall be defined as an entity which acquires all or substantially all of the assets or equity of the Company through a single transaction or multi-step related transactions which close within a 12 month period."
It also then goes on to say that all pilots involved must be merged into a single seniority list. We (ExpressJet) are saying that Skywest Holdings is the aquiring entity, which would require a 3 way seniority list integration. Skywest Holdings is saying that ASA is the acquiring entity, which would only require a 2 way SLI.
Hope that helps clarify, and anyone please feel to correct me if I am mistaken.
Every bit of our info and the holdings clarifications and the news tidbits of the merger keep alluding to the fact that ASA is wholly owned but ASA is acquiring Xjt, not Skywest Holdings.....