Yeah, but now the shoes on your other foot. That same type of integration would be generous to the Atlas pilots in a UPS buyout.

In order to make sure that the sale went through, the TWA guys waived all of their contractual rights and laid themsekves open to a buggering by the APA. They made that call on their own, ALPA didn't do it for them. They probably had no other real choice in actuality.

There really is never any precedent in these things. Each side makes their own case based on what will work out the best for them. If they can't figure something out, the arbitrator will figure it out for them.

How long has the senior ATLAS guy been there?

The arbitrator would also take into account that most current Atlas pilots are trying to come here before any buyout at the BOTTOM of our seniority list.

Year End 2006 In Millions
UPS-Total Cash Flow From Operating Activities 5,589,000
Atlas-Total Cash Flow From Operating Activities 146,659

UPS-Net Income 4,202,000
Atlas-Net Income 59,781

UPS-Total Current Assets 9,377,000
Atlas-Total Current Assets 463,879

I really don't see how Atlas plans on paying for the new 747-800 with current income and they do not show the growth in numbers like UPS and FedEx.

They have over 600 pilots.. We would not need the pilots if we buy the 747-400's that they own and the order for the 747-8.

They can keep the leased 747-400's and send them over to Polar.

I'm sure that this argument would be made by the IPA's lawyer, but you have no idea what an arbitrator would do with that information. They do as they please. Anyway, this is all putting the cart way in front of the horse at this juncture

I know, but it's fun to speculate. And besides, Hopefully if this does go down, UPS would just buy the assets and not take the employees.

The way i see it, employees are assets, therefore they should have a job if they are bought out. Not cool leaving people on the street without a job.