Union hints of acquisition
03-17-2024, 08:33 AM
#12
Gets Weekends Off
Joined APC: Apr 2013
Posts: 3,443
Not going to happen. Nothing to see here. Seriously. Their strategy is to wait and use this time to do some cost cutting and look at planning for the eventual flight of the great albatross.
I often wonder why pilots get so giddy about acquisitions in which neither pilot group stands to really win and also wonder why pilots view any hint of gloom as pure unequivocal evidence that we are headed to bankruptcy and/or M and A. Calm down. The time to acquire another carrier was years ago when they were at fire sale prices and the DOJ didn't want to chest thump about consumer protection.
I often wonder why pilots get so giddy about acquisitions in which neither pilot group stands to really win and also wonder why pilots view any hint of gloom as pure unequivocal evidence that we are headed to bankruptcy and/or M and A. Calm down. The time to acquire another carrier was years ago when they were at fire sale prices and the DOJ didn't want to chest thump about consumer protection.
03-17-2024, 09:03 AM
#14
Gets Weekends Off
Joined APC: Mar 2008
Posts: 3,838
Originally Posted by Smooth at FL450
Putting 3 law firms on retainer is more than a hint...
There are an extremely limited number of firms who handle airline mergers, especially on the labor side. Tie them up, and you've made things very difficult for the other side.
03-17-2024, 09:42 AM
#17
Gets Weekends Off
Joined APC: Apr 2017
Posts: 3,595
Originally Posted by NuGuy
No, it's taking out the competition. It's the old soon-to-be-divorcee's trick. Run around town, meet with the top divorce attorneys and you take them out of the running to represent your soon to be ex.
There are an extremely limited number of firms who handle airline mergers, especially on the labor side. Tie them up, and you've made things very difficult for the other side.
There are an extremely limited number of firms who handle airline mergers, especially on the labor side. Tie them up, and you've made things very difficult for the other side.
03-17-2024, 09:58 AM
#19
Gets Weekends Off
Joined APC: Jun 2010
Position: DOWNGRADE COMPLETE: Thanks Gary. Thanks SWAPA.
Posts: 6,613
Originally Posted by Traffic Alert
You should probably not be posting internal union emails on a public forum. Outsiders have no need for that info.
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