SWA looking to buy unnamed domestic carrier
04-16-2009, 07:36 PM
#72
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Joined APC: Jun 2005
Position: B737, Capt.
Posts: 384
YOu are incorrect. The law is actually directed at non union or different union mergers. It has a exception for situations where it is the same union to allow the existing union rules to be used. If the airlines are different unions or non union then Alleghany Mohawk applies.
04-16-2009, 10:27 PM
#73
Line Holder
Joined APC: Aug 2007
Posts: 33
My guess on the rumored merger: Some in the financial markets will signal the takeover target before it's announced. Just check stock prices to see which potential cantidates are near a 52 week high. Or check recent stock purchases by corporate officers in the last 6 months.
04-16-2009, 10:32 PM
#74
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Joined APC: Feb 2006
Position: A320 CA
Posts: 973
Not correct at all! While I would not say that SWA did not buy Muse to eliminate competition, Muse (specifically Michael the son not Lamar) invited Herb to buy Muse. Muse had only MD-80's and was having difficulties because the PATCO strike (controllers) happened at a time when they were supposed to start making money. SWA never had DC-9-50s.
NWA pulled their offer to purchase Midway (1991) after the state of MN questioned Al Checci (NWA CEO and his cronies) about a maintenance facility the the citizens of MN were about to pay for. So much money to buy Midway but none for the maintenance facility. Midway went down immediately and SWA sent employees the next day to Bogart the gates a MDW. BTW, NWA Alpa and MDW alpa had an agreement to merge the seniority lists and then the rug was pulled out from under Midway Airlines.
Oscar
NWA pulled their offer to purchase Midway (1991) after the state of MN questioned Al Checci (NWA CEO and his cronies) about a maintenance facility the the citizens of MN were about to pay for. So much money to buy Midway but none for the maintenance facility. Midway went down immediately and SWA sent employees the next day to Bogart the gates a MDW. BTW, NWA Alpa and MDW alpa had an agreement to merge the seniority lists and then the rug was pulled out from under Midway Airlines.
Oscar
We did get DC-9-50s from SWA their tail numbers were NXXXMC. The MC was Muse. Chicago's Mayor twisted NWAs arm to sell the Midways gates that they had just bought from Midway because of the failed deal. That sir is how SWA came to MDW. And isn't it strange that the great deal that SWA got from NWA seemed to include staying away from MSP. Entry into MSP announced after DAL merger.........coincidence?
04-17-2009, 09:35 AM
#78
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Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,410
04-17-2009, 09:38 AM
#79
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 40,410
Buying an ATL hublet with a route structure would be a different approach than jusy buying 737's and hoping to find routes for them.
04-17-2009, 12:39 PM
#80
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Joined APC: Jun 2008
Position: Gave up. Staying retired.
Posts: 111
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