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World Being Bought or Acquired?

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Old 04-09-2007 | 04:44 PM
  #41  
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Originally Posted by 767pilot
I don't think that UPS actually bought Challenge Air. We bought there "assets" which is different. Yes, we were hiring at the time and it would have been nice to be able to do something for some of the CAC guys, and if there weren't so many scabs over there we may have tried a little harder to help. I am sure that what UPS was trying to avoid was an NMB rule where if you take on more than 51% of the pilots, you have de facto "bought" the company instead of the assets, which would have opened the door to mergers and such. Just one more headache that they didn't need. I agree with K9 though, it was not our finest hour at the IPA
Well, fortunately the IPA did not have too many "not so good hours" under their belt. In fact, I would honestly say that most of the IPA milestones were far above most ALPA achievements...at least in recent years.

Truly, I'm not trying to ding the union. I just disagreed with that position at the time. However, that being said, your point of view makes sense to me. I can perfectly understand that.

See, a little knowledge is a dangerous thing.
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