New Envoy Information
02-25-2016 | 01:53 PM
#1421
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Because too many would leave and the transition would be far too unstable. Investors don't like instability in acquisitions. Too many other assets would be lost in the shuffle as well and the valuation wouldn't hold up in court as the best reorganization plan.
02-25-2016 | 01:53 PM
#1422
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Joined: Apr 2007
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I disagree. First of all, RAH consolidation is simply ONE option, but I think it's the most likely. It's not the ONLY option.
No, the pilots are NOT "clearly identified" (by name). It is a contractual provision and just like you management has proven MULTIPLE times in just the last year or two alone, it is subject to interpretation. Considering the position Envoy is in with most of its fleet of limited lifespan, it will be easy for AAG to craft a "win-win" scenario for all pilots in such a scenario. but compromise will be necessary. Not interested in that ?
Fine, but you know what and how AAG can play you and you won't like it.
Actually, it MUCH easier to merge. Mergers are more then just about aircraft, they are about assets (pilots being one), infrastructure, market share and capital valuation. It's actually much simpler then you think.
No, the pilots are NOT "clearly identified" (by name). It is a contractual provision and just like you management has proven MULTIPLE times in just the last year or two alone, it is subject to interpretation. Considering the position Envoy is in with most of its fleet of limited lifespan, it will be easy for AAG to craft a "win-win" scenario for all pilots in such a scenario. but compromise will be necessary. Not interested in that ?
Fine, but you know what and how AAG can play you and you won't like it.
Actually, it MUCH easier to merge. Mergers are more then just about aircraft, they are about assets (pilots being one), infrastructure, market share and capital valuation. It's actually much simpler then you think.
02-25-2016 | 01:54 PM
#1423
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Joined: Jul 2014
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From: Feito no Brasil, CA
Yes and no.
Some of the flow is awarded to pilots who were on the property at the time. Anything after that is fair game if the contract is changed.
02-25-2016 | 01:54 PM
#1424
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Do you have a law degree?
02-25-2016 | 01:56 PM
#1425
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02-25-2016 | 02:00 PM
#1426
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If you do some research, you'll note multiple instances in the past where Eagle/Envoy MEC's have been in the situation of choosing the best of two bad options. The consolidation option I'm talking about anyway ISN'T with Envoy and so your CBA may not be the issue. If they are merged with PSA (or less likely Piedmont), then Parker is closer to his "balanced" regional ideal. The flow slots then would be a product of PSA and those don't count for Envoy. You'd still get 50% or whatever it is, but just a much smaller number and THAT is my point about "sharing the flow" with new brothers.
02-25-2016 | 02:02 PM
#1427
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If RAH and PSA merge, you still get your "percentages" or minimums based on "new-hires", so nothing changes. Of course, since there is likely to be even less street "new-hires", the effect on Envoy's flow will be the same.
Slower.
Slower.
02-25-2016 | 02:14 PM
#1428
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From: A320 FO
02-25-2016 | 03:00 PM
#1429
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Joined: Jul 2014
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From: Feito no Brasil, CA
Yes, if, and there there would appear to be multiple opportunities for AAG to merge their regional carriers and they have elected not to do so. I don't foresee any merger or purchase. They like the whipsaw waaaay too much.
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