SWA - Frontier Senority List Integration
#21
Gets Weekends Off
Joined APC: May 2006
Position: B-737 / FO
Posts: 246
I really don't think that Southwest will win this deal. This is of course assuming that Republic has backing of some sort, which they did during the first DIP round.
F9 is in a situation where they can ask the judge to go for the Republic deal because it keeps all the jobs in Denver even if the bid is below SWA's. Southwest could then counter by saying that they are going to keep f9 as a separate entity but keep all the jobs. (everyone knows this isn't what they really want)
The judge will most likely look to the creditors for their approval of a deal. The largest creditor is Republic, Airbus is also a creditor you can be sure that they are not in favor of SWA even though they are supposed to be fair and equitable to the estate and all creditors not just themselves...the equity interests are the company, bond holders, stock holders (which means nothing), and the employees to some extent.
SWA is fighting an uphill battle. The only way I see SWA getting the deal done is by paying a whole bunch more than Republic wants to go but if Republic has big plans this could get ugly!
F9 is in a situation where they can ask the judge to go for the Republic deal because it keeps all the jobs in Denver even if the bid is below SWA's. Southwest could then counter by saying that they are going to keep f9 as a separate entity but keep all the jobs. (everyone knows this isn't what they really want)
The judge will most likely look to the creditors for their approval of a deal. The largest creditor is Republic, Airbus is also a creditor you can be sure that they are not in favor of SWA even though they are supposed to be fair and equitable to the estate and all creditors not just themselves...the equity interests are the company, bond holders, stock holders (which means nothing), and the employees to some extent.
SWA is fighting an uphill battle. The only way I see SWA getting the deal done is by paying a whole bunch more than Republic wants to go but if Republic has big plans this could get ugly!
SWA has over $2 billion in cash so they just may have to.
#22
Gets Weekends Off
Joined APC: Aug 2009
Position: 737
Posts: 190
I think what you don't understand is that this deal has nothing to do with what you think. Sorry. I'm not trying to be rude. But, your whole post sounds pretentious with the deal revolving around what SWA pilot think should happen. You are still just a pawn in this big game. ( yes even though you are a SWA pilot). So IF you purchase F9. Then you can talk about stapling them. Which, if it were anyone else talking about stapling you would be shunned, but I guess its ok to staple cause your SWA! Bow down F9. Your being bought by SW so instead of a fair integration and feneing you get crapped on. Have fun with that.
Oh wait. But you now work for SW and have a 20 year upgrade to look forward too.
Oh wait. But you now work for SW and have a 20 year upgrade to look forward too.
On the other hand, FAPA pilots don't have a vote. They do have opinions that they can share with others--including the bankruptcy judge--but no vote. Bankruptcy is about making creditors happy--not about making employees of bankrupt companies happy.
The person(s) who screwed the F9 pilots is the idiot who took them into bankruptcy. All bets have been off after that.
#23
Gets Weekends Off
Joined APC: Apr 2009
Position: Right...CL65
Posts: 279
Do you think this is what SWA is counting on so they will get F9, Denver and all the F9 pilots stapled at the bottom? I wouldn't count on it. I think a big fear is that if they get stapled at the bottom they will get furloughed.
Personally, I'd rather my husband (and our family) take our chances at Republic and save a wonderful airline and many jobs (not just pilots) than have SWA win this deal. I just have a bad feeling that they only want a staple and it is "take it or leave it" and I sure hope FAPA leaves it.
F9 is just looking out for their family too.
Personally, I'd rather my husband (and our family) take our chances at Republic and save a wonderful airline and many jobs (not just pilots) than have SWA win this deal. I just have a bad feeling that they only want a staple and it is "take it or leave it" and I sure hope FAPA leaves it.
F9 is just looking out for their family too.
#24
I think what you don't understand is that this deal has nothing to do with what you think. Sorry. I'm not trying to be rude. But, your whole post sounds pretentious with the deal revolving around what SWA pilot think should happen. You are still just a pawn in this big game. ( yes even though you are a SWA pilot). So IF you purchase F9. Then you can talk about stapling them. Which, if it were anyone else talking about stapling you would be shunned, but I guess its ok to staple cause your SWA! Bow down F9. Your being bought by SW so instead of a fair integration and feneing you get crapped on. Have fun with that.
Oh wait. But you now work for SW and have a 20 year upgrade to look forward too.
Oh wait. But you now work for SW and have a 20 year upgrade to look forward too.
If you've read some of my previous posts on this thread, you'll see I'm probably more open minded then the staple only crowd. I'm well aware of how beneficial acquiring F9 is to our operation.
Patch
#25
What is fair then F9 guys? A 14 year F9 getting senority of 1994 with an $80000 raise, benies, qol and tremendous job security. What a lottery ticket. Pilotswife do you really think this would be fair? Not a chance. I really do hope we can give your husband stable employment. I am sure we will. Will it be different? You bet, but we need to all make it as enjoyable as we can. What about the 450 F9 apps that SWA has on file? Those where all pilots willing to go to the bottom with 1st year pay and probation. Why do you think that is?
Now I am all about keeping fellow pilots employed, but the F9's need to look at reality a little. I am all about fair, but I really need more facts before I could say staple or give an F9 pilot 14 years senority. Look at what Republic did to Midwest. You talk about SWA pilots wanting a windfall look in the mirror. The differences is one comapany is a little more stable then the other. If we were talking equal companies then sure relative senority, but we arent. Not even close. Believe me I know it could be us 10 years down the road.
I am pretty sure SWA will win the bid. It would be a shocker if they didnt. Republic will not have a vote due the fact they are a bidder.
Lets all just see what happens on the 10th. Then lets see what happens on the 11th-17th.
Patch nice post!
Now I am all about keeping fellow pilots employed, but the F9's need to look at reality a little. I am all about fair, but I really need more facts before I could say staple or give an F9 pilot 14 years senority. Look at what Republic did to Midwest. You talk about SWA pilots wanting a windfall look in the mirror. The differences is one comapany is a little more stable then the other. If we were talking equal companies then sure relative senority, but we arent. Not even close. Believe me I know it could be us 10 years down the road.
I am pretty sure SWA will win the bid. It would be a shocker if they didnt. Republic will not have a vote due the fact they are a bidder.
Lets all just see what happens on the 10th. Then lets see what happens on the 11th-17th.
Patch nice post!
#26
What is fair then F9 guys? A 14 year F9 getting senority of 1994 with an $80000 raise, benies, qol and tremendous job security. What a lottery ticket. Pilotswife do you really think this would be fair? Not a chance. I really do hope we can give your husband stable employment. I am sure we will. Will it be different? You bet, but we need to all make it as enjoyable as we can. What about the 450 F9 apps that SWA has on file? Those where all pilots willing to go to the bottom with 1st year pay and probation. Why do you think that is?
Now I am all about keeping fellow pilots employed, but the F9's need to look at reality a little. I am all about fair, but I really need more facts before I could say staple or give an F9 pilot 14 years senority. Look at what Republic did to Midwest. You talk about SWA pilots wanting a windfall look in the mirror. The differences is one comapany is a little more stable then the other. If we were talking equal companies then sure relative senority, but we arent. Not even close. Believe me I know it could be us 10 years down the road.
I am pretty sure SWA will win the bid. It would be a shocker if they didnt. Republic will not have a vote due the fact they are a bidder.
Lets all just see what happens on the 10th. Then lets see what happens on the 11th-17th.
Patch nice post!
Now I am all about keeping fellow pilots employed, but the F9's need to look at reality a little. I am all about fair, but I really need more facts before I could say staple or give an F9 pilot 14 years senority. Look at what Republic did to Midwest. You talk about SWA pilots wanting a windfall look in the mirror. The differences is one comapany is a little more stable then the other. If we were talking equal companies then sure relative senority, but we arent. Not even close. Believe me I know it could be us 10 years down the road.
I am pretty sure SWA will win the bid. It would be a shocker if they didnt. Republic will not have a vote due the fact they are a bidder.
Lets all just see what happens on the 10th. Then lets see what happens on the 11th-17th.
Patch nice post!
Even if (and thats a big if) you can stop the two operations from merging, what benefit would that give to the company?
#27
The pilots will have to have a deal before it is finalized with the company. No pilot deal NO DEAL. If F9 pilot want to fly an emb190 for peanuts and no better job security then so be it. Keep dreaming if you think Republic is going to treat F9 like a wounded puppy. We will have to see how SWA structures the deal on the 10th. See who wins the bid on the 17th and take it from there. SWA binding bid will have a clause in it to get out of the deal if the pilots dont come to terms. Something tells me we will equal ground. The F9 people that only gloat and argue BM AM will be their saving grace are looking for nothing more then a lottery ticket. What hypocrites. Ill tell you this it will never go to arbitration. Why not answer what do F9 pilots think would be fair? Considering the two companies. Do you honesty think it would be fair for a 14 year F9 CA to go below our number 1 guy. Or be put on our list with 94' hires. Give me a break. I dont believe in staright staple of all F9 pilots. But some of you are just plane nuts. Heck lets just put all F9 pilots on top of SWA pilots. That seems fair.
Last edited by mulcher; 08-06-2009 at 09:49 PM.
#28
Gets Weekends Off
Joined APC: Mar 2006
Position: retired
Posts: 567
The pilots will have to have a deal before it is finalized with the company. No pilot deal NO DEAL. If F9 pilot want to fly an emb190 for peanuts and no better job security then so be it. Keep dreaming if you think Republic is going to treat F9 like a wounded puppy. We will have to see how SWA structures the deal on the 10th. See who wins the bid on the 17th and take it from there. SWA binding bid will have a clause in it to get out of the deal if the pilots dont come to terms. Something tells me we will equal ground. The F9 people that only gloat and argue BM AM will be their saving grace are looking for nothing more then a lottery ticket. What hypocrites. Ill tell you this it will never go to arbitration. Why not answer what do F9 pilots think would be fair? Considering the two companies. Do you honesty think it would be fair for a 14 year F9 CA to go below our number 1 guy. Or be put on our list with 94' hires. Give me a break. I dont believe in staright staple of all F9 pilots. But some of you are just plane nuts. Heck lets just put all F9 pilots on top of SWA pilots. That seems fair.
I think you guys need to remember that there is a DEC 2007 federal law that governs airline seniority and from what I've read an arbitrator would be deciding these lists.
#29
If you say the company will sructure an escape clause to ensure that a seniority list is agreed to or else the deal is off, don't you know that that will kill ANY offer made by SWA. The judge doesn't have to take the highest offer, just the best. A deal that is contingent on the likes or dislikes of an employee group compared to a solid offer that is coming from a creditor is like night and day. Your escape clause could leave the Frontier creditors out in the cold in 2-3 months.
You being able to kill the deal forces the judge to place Frontier right in Republics lap.
#30
Gets Weekends Off
Joined APC: Aug 2008
Position: Swing that gear
Posts: 354
I really don't think that Southwest will win this deal. This is of course assuming that Republic has backing of some sort, which they did during the first DIP round.
F9 is in a situation where they can ask the judge to go for the Republic deal because it keeps all the jobs in Denver even if the bid is below SWA's. Southwest could then counter by saying that they are going to keep f9 as a separate entity but keep all the jobs. (everyone knows this isn't what they really want)
The judge will most likely look to the creditors for their approval of a deal. The largest creditor is Republic, Airbus is also a creditor you can be sure that they are not in favor of SWA even though they are supposed to be fair and equitable to the estate and all creditors not just themselves...the equity interests are the company, bond holders, stock holders (which means nothing), and the employees to some extent.
SWA is fighting an uphill battle. The only way I see SWA getting the deal done is by paying a whole bunch more than Republic wants to go but if Republic has big plans this could get ugly!
F9 is in a situation where they can ask the judge to go for the Republic deal because it keeps all the jobs in Denver even if the bid is below SWA's. Southwest could then counter by saying that they are going to keep f9 as a separate entity but keep all the jobs. (everyone knows this isn't what they really want)
The judge will most likely look to the creditors for their approval of a deal. The largest creditor is Republic, Airbus is also a creditor you can be sure that they are not in favor of SWA even though they are supposed to be fair and equitable to the estate and all creditors not just themselves...the equity interests are the company, bond holders, stock holders (which means nothing), and the employees to some extent.
SWA is fighting an uphill battle. The only way I see SWA getting the deal done is by paying a whole bunch more than Republic wants to go but if Republic has big plans this could get ugly!
Too many jobs would be lost in the SWA deal. Not just pilots but rampers etc. People say we will be working for peanuts with RAH. BB does want to extend wage concessions to mainline but they still get paid above the average airbus pay. The entire company has worked hard for the last 15 months. We have taken wage concessions and have seen 8 straight months of profitability under Ch 11. Never thought I would say it but the future looks brighter with RAH.
Either way things end up after the auction... at least I know I can come here for the next two years and hear everyone say we would have been better with the other option.
Later,
YD
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