TillerEnvy

Still amazed that there are people out there that don't bother learning the facts about the deal. Frontier didn't "choose" RAH over Southwest. Our deal was worth more in the end and the judge "chose" our deal over Southwest. No matter what SWA guys want you to believe, the deal wasn't killed because of the integration issues.

Facts...gotta' love 'em!

LuvJockey

Well, I suppose you could say that the judge made the decision, but that ignores the fact that the decision by Southwest not to bid any higher was based on pilot integration. Six of one, half dozen of the other.

4 hours isn't enough to broker a seniority integration, no doubt about it. There will be a lot of revisionist history in the next year or two, based on how this all plays out. It's always good to see where you've been, what you were promised, what has been done since then, and review your reasons for making a decision.

If you want a real eye opener, go back to the threads from when this was all emotion driven.

http://www.airlinepilotforums.com/ma...tegration.html

From a Wall Street Journal posting:

"The Frontier Airlines executives and unions officials returning home from last Thursday’s auction in which Frontier was sold to Republic Airways Holdings Inc. were hailed as heroes.

"After landing in Denver, Frontier’s hub, their airplane taxied beneath a “water cannon salute” and was greeted at the gate by 200 cheering Frontier employees. “It was awesome,’’ recalls John Stemmler, president of Frontier’s pilots union.

"The deal with Republic has people in Denver celebrating because it prevented Frontier from being sold to Southwest Airlines, which would have likely resulted in thousands of job cuts. Republic, which is a contract flier for other airlines, will likely keep more Frontier jobs because it doesn’t currently employ ticket handlers or do route planning.

"The Frontier pilots were key to the outcome because they balked at a proposal by Southwest’s pilots union that would have put the Frontier pilots at the bottom of the seniority list of the combined companies. Southwest was unwilling to negotiate and handed the keys to Republic."

zoooropa

"DENVER, August 13, 2009 - Frontier Airlines Holdings, Inc. (OTCBB: FRNTQ) today announced that Republic Airways Holdings, Inc. (NASDAQ: RJET) has been declared the winning bidder in the auction to acquire Frontier. The auction was conducted under procedures established in Frontier’s Chapter 11 bankruptcy cases.
Republic submitted the highest and best bid, which included substantial improvements from its original investment proposal. Republic waived virtually all conditions precedent to closing and has advised Frontier that it yesterday received Hart-Scott- Rodino antitrust clearance for the transaction. Republic also agreed to waive distributions on its $150 million prepetition unsecured claim, which is expected to result in a 94 percent increase in the distribution to Frontier’s general unsecured creditors. The selection of Republic’s bid was made in consultation with the Creditors’ Committee appointed in Frontier’s Bankruptcy Case."


The reason you do not see any reference to FAPA in the above paragraph is because FAPA did not "choose" anyone in the auction. The CEO, and then the UCC, and finally the judge, chose the highest and best bid. Prior to the BK filing, the CEO has a fiduciary responsibility to the share holders. After April 10, 2008 that responsibility shifted to the UCC.



I really wish that FAPA had the power to choose one bidder over another, unfortunately that just isn't how it works.

Jetpipe22

I agree, some midwest pilots were the scum of the industry, luckily those few scumbags are out of the game now.

Dirty Rat

Let's see, a Republic pilot calling a Midwest pilot scumb even after you replaced him and threw him out in the street. Your words reflect your place in the aviation sewer. Next in line please.

Jetpipe22

......Thank you for proving my point........

toomanyrjs

Yup. This whole deal is going in the history books as one of the greatest business blunders in aviation.

ToiletDuck

Don't feed the fire. If you drop to that level you're no better. DR hasn't been very accurate. Don't waste your "street cred" on that.

CHQ Pilot

I would say you are partially correct and partially incorrect. If FAPA had agreed to an integration plan with SWAPA, there is no way anyone could predict how this would turn out. SWA may have upped their bid, or still pulled the bid if the price became too high. To some extent the FAPA pilots held some, not all, but some control. An integration plan would have given SWA freedom of uncontrolled bidding. There is no telling what price SWA was willing to pay because it never got that far. They offered a competitive bid (regardless of what they felt F9 was worth) with a "requirement" that a seniority integration plan be in place before they proceeded further. So, if FAPA had agreed to something then things may have turned out different. Since the only bid left because of the integration stipulation was RAH it went to them by de facto. So although the judge selected the winning bidder, if a seniority plan would have been decided upon, then SWA may have been the winner.

757Driver

Really? I guess the quotes below don't count and it really wasn't up to the Pilot Reps?

Are there any Frontier Pilots on here who can honestly tell me they are happier where they are now versus holding a spot on Southwest's seniority list?