Search
Notices
Mergers and Acquisitions Facts, rumors, and conjecture

Merger Facts US Airways

Thread Tools
 
Search this Thread
 
Old 02-18-2008, 06:48 PM
  #1  
Line Holder
Thread Starter
 
Joined APC: Nov 2006
Position: B-737 Capt.
Posts: 86
Default Merger Facts US Airways

Fellow pilots,
We are often asked the question, "What happens if we have a merger with United or Northwest or someone else?"
On December 26th President Bush signed H.R. 2764 into Law. This Bill guarantees all airline employees involved in a merger seniority integration under Allegheny Mohawk labor protections, IF both groups of covered employees ARE NOT represented by the same union.
This means in order to reap the benefit of HR 2764, as shown below, we must remove ourselves from ALPA.
Clearly, ALPA does not want you to know this; a law has been signed that affects every pilot in the United States, yet not a word from ALPA. We can only surmise that ALPA understands that the pilots will realize that while they're in ALPA they have a merger policy that disregards and even penalizes longevity, yet once outside ALPA, they will be protected by "fair and equitable" language which historically uses date of hire as a starting point.
Please take a moment to read the relevant portion of this law, and draw your own conclusions.
Thanks for your continuing support.
President Bush Signs H.R. 2764 into Law
"Today, I signed into law H.R. 2764, legislation that will fund the Federal Government within the reasonable and responsible spending levels I proposed -- without raising taxes and without the most objectionable policy changes considered by the Congress. This law provides a down payment for the resources our troops need, without arbitrary timelines for withdrawal. The Congress should quickly take action next year to provide the remainder of the funding needed by our troops.
I am disappointed in the way the Congress compiled this legislation, including abandoning the goal I set early this year to reduce the number and cost of earmarks by half. Instead, the Congress dropped into the bill nearly 9,800 earmarks that total more than $10 billion. These projects are not funded through a merit-based process and provide a vehicle for wasteful Government spending.
There is still more to be done to rein in Government spending. In February I will submit my budget proposal for fiscal year 2009, which will once again restrain spending, keep taxes low, and continue us on a path towards a balanced budget. I look forward to working with the Congress in the coming year to ensure taxpayer dollars are spent wisely.
Finally, this legislation contains certain provisions similar to those found in prior appropriations bills passed by the Congress that might be construed to be inconsistent with my Constitutional responsibilities. To avoid such potential infirmities, the executive branch will interpret and construe such provisions in the same manner as I have previously stated in regard to similar provisions. "
[FONT='Times New Roman',serif]GEORGE W. BUSH
THE WHITE HOUSE, [/FONT]
[FONT='Times New Roman',serif]December 26, 2007. [/FONT]
[FONT='Times New Roman',serif]# # #[/FONT]
H. R. 2764— page 539 (Note: this bill is 631 pages long; we have included the relevant portion here. Comments added.)
(c) AIRPORT AND AIRWAY TRUST FUND EXPENDITURE
AUTHORITY.—
SEC. 117. LABOR INTEGRATION. (a) LABOR INTEGRATION.—With respect to any covered transaction involving two or more covered air carriers that results in the combination of crafts or classes that are subject to the Railway Labor Act (45 U.S.C. 151 et seq.), sections 3 and 13 of the labor protective provisions imposed by the Civil Aeronautics Board in the Allegheny-Mohawk merger (as published at 59 C.A.B. 45) shall apply to the integration of covered employees of the covered air carriers; except that— (1) if the same collective bargaining agent represents the combining crafts or classes at each of the covered air carriers, that collective bargaining agent’s internal policies regarding integration, if any, will not be affected by and will supersede the requirements of this section; (i.e., if a pilot belongs to ALPA merger policy will be one that disregards longevity entirely) and (2) the requirements of any collective bargaining agreement that may be applicable to the terms of integration involving covered employees of a covered air carrier shall not be affected by the requirements of this section as to the employees covered by that agreement, so long as those provisions allow for the protections afforded by sections 3 and 13 of the Allegheny- Mohawk provisions (i.e., "fair and equitable" language which historically uses date of hire as a starting point.)
(b) DEFINITIONS.—In this section, the following definitions apply:
(1) AIR CARRIER.—The term ‘‘air carrier’’ means an air carrier that holds a certificate issued under chapter 411 of title 49, United States Code.
(2) COVERED AIR CARRIER.—The term ‘‘covered air carrier’’ means an air carrier that is involved in a covered transaction.
(3) COVERED EMPLOYEE.—The term ‘‘covered employee’’ means an employee who—(A) is not a temporary employee; and (B) is a member of a craft or class that is subject to the Railway Labor Act (45 U.S.C. 151 et seq.).
(4) COVERED TRANSACTION.—The term ‘‘covered transaction’’ (A) a transaction for the combination of multiple air carriers into a single air carrier; and which means— (B) involves the transfer of ownership or control of— (i) 50 percent or more of the equity securities (as defined in section 101 of title 11, United States Code) of an air carrier; or (ii) 50 percent or more (by value) of the assets of the air carrier.
H. R. 2764—540
(c) APPLICATION.—This section shall not apply to any covered transaction involving a covered air carrier that took place before the date of enactment of this Act. (d) EFFECTIVENESS OF PROVISION.—This section shall become effective on the date of enactment of this Act and shall continue in effect in fiscal years after fiscal year 2008.
flyharm is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
SWAjet
Major
8
03-26-2008 05:00 AM
mike734
Major
15
09-17-2007 12:03 PM
SWAjet
Major
0
05-19-2005 05:48 PM
Sir James
Major
0
03-15-2005 08:35 PM
RockBottom
Major
0
03-07-2005 11:04 AM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices