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Originally Posted by symbian simian
(Post 3581390)
Can you show me where it said the merger closing date was used as the snapshot? I thought it was the announcement date, but if I’m wrong, I’m wrong.
Page 3 of the arbitration award. two separate dates here that effect SLI. merger announcement date was used as “constructive notice date”. All new hires were doh post this date. “The Protocol Agreement sets the Merger Announcement Date (April 4, 2016) as the Constructive Notice Date that places pilots hired on after that date at the bottom of the new seniority list, defined as the Integrated Pilot Seniority List (“IPSL”).” and then merger close to was used for assessing “pre merger equities” “The second stipulation sets the merger closing date, December 14, 2016, as the “snapshot date” for “analysis of the respective pre-merger equities.”” …. “The parties further agreed to use the carriers’ respective fleet plans as of the Snapshot Date for the arbitration but without prejudice to any arguments they wish to make about the relevance of fleet plans in building the IPSL. The parties agreed that, for purposes of seniority list integration, there would be just one category called “narrowbody.”” one massive advantage we have over some of the other big mergers is we have both continued to grow during this process. Lots of newbies on the bottom of both lists post announcement will help cushion any blow. |
Originally Posted by RiddleEagle18
(Post 3581673)
sure.
Page 3 of the arbitration award. two separate dates here that effect SLI. merger announcement date was used as “constructive notice date”. All new hires were doh post this date. “The Protocol Agreement sets the Merger Announcement Date (April 4, 2016) as the Constructive Notice Date that places pilots hired on after that date at the bottom of the new seniority list, defined as the Integrated Pilot Seniority List (“IPSL”).” and then merger close to was used for assessing “pre merger equities” “The second stipulation sets the merger closing date, December 14, 2016, as the “snapshot date” for “analysis of the respective pre-merger equities.”” …. “The parties further agreed to use the carriers’ respective fleet plans as of the Snapshot Date for the arbitration but without prejudice to any arguments they wish to make about the relevance of fleet plans in building the IPSL. The parties agreed that, for purposes of seniority list integration, there would be just one category called “narrowbody.”” one massive advantage we have over some of the other big mergers is we have both continued to grow during this process. Lots of newbies on the bottom of both lists post announcement will help cushion any blow. |
Originally Posted by Bluedriver
(Post 3581690)
Agreed, lots of hiring helps us all. They also agreed that the snapshot date does not prejudice either companies arguments as for fleet plans. So even if there are a few E190s left, JBALPA is still able to show they are being retired and were announced to be retired before any merger announcement.
correct. They could use that argument but in the award the arbitrators said, nah, static fleet. However, as we know, every sli is different and arbitrators can do whatever they want. |
Originally Posted by RiddleEagle18
(Post 3581694)
correct. They could use that argument but in the award the arbitrators said, nah, static fleet.
However, as we know, every sli is different and arbitrators can do whatever they want. |
Originally Posted by RiddleEagle18
(Post 3581673)
sure.
Page 3 of the arbitration award. two separate dates here that effect SLI. merger announcement date was used as “constructive notice date”. All new hires were doh post this date. “The Protocol Agreement sets the Merger Announcement Date (April 4, 2016) as the Constructive Notice Date that places pilots hired on after that date at the bottom of the new seniority list, defined as the Integrated Pilot Seniority List (“IPSL”).” and then merger close to was used for assessing “pre merger equities” “The second stipulation sets the merger closing date, December 14, 2016, as the “snapshot date” for “analysis of the respective pre-merger equities.”” …. “The parties further agreed to use the carriers’ respective fleet plans as of the Snapshot Date for the arbitration but without prejudice to any arguments they wish to make about the relevance of fleet plans in building the IPSL. The parties agreed that, for purposes of seniority list integration, there would be just one category called “narrowbody.”” one massive advantage we have over some of the other big mergers is we have both continued to grow during this process. Lots of newbies on the bottom of both lists post announcement will help cushion any blow. |
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