Originally Posted by
satchip
Just passing along what he told me. He said it all depends on how the purchase agreement was written. Something about buying just the holding company and not the airline. I told him it was futile to believe that and to look at our merger, that will be the model. Just an anecdote, not evidence of a movement.
To clarify the misconception here...Guadalupe Holdings will be merged with Airtran Holdings, which will create a wholly-owned subsidiary of Southwest Airlines. If Southwest choses to operate this new company as a wholly-owned, and SWAPA agrees to waive the 24-month limit on this scenario, there is nothing requiring any SLI as Bond-McCaskill would not apply.
While this is not ideal for anybody, its an excellent way to ensure the Airtran pilots' "landgrab" mentality doesn't fracture the culture that has allowed SWA to enjoy its success for so many years.
The bottom line is this- Play nice and everyone wins. Enjoy the lottery!!