Merger Talks Hit a Snag

[delta777]

Egos appear to be getting in the way...

http://www.ajc.com/business/content/busine.../delta0126.html

 

[luv2fly]

Good.
The sooner it fails, the sooner we can all start worrying about something else.

 

[LukeAisleWalker]

Good.
The sooner it fails, the sooner we can all start worrying about something else.

Funny!! .....but true.

 

[RobertD]

Found this on another website....GET READY TO BEND OVER!

I received this email today:

I went to the special union meeting last night. the following is what we were told. It will be announced in the next 2-3 weeks that Delta is buying NWA. Both have about equal cash but Delta has more liquid assets. They want it approved before the new presidential administration takes over in 2009. The process will take 12-14 months to complete. Until that date we will remain NWA and fall under the NWA contract. Delta is non union but the ESE's approached the IAM about a year ago wanting to unionize, but not the agents. There would need to be a 35 percent interest in order to have an election. The IAM has been aggressively working with Delta ESE's and Delta management has been very hostile. Delta's hourly wages are higher than ours but the benefits are lower (vacation time/sick time and higher medical costs). They are trying to put together a side by side comparison for us to see but no info is available yet. Pensions---do not know what will happen to our pensions as NWA was given the 14 yr extension to fund the pension plans. They do not know if Delta will assume this or not. If they don't and NWA doesn't exist any longer there goes the pension. He did say there is some protection if you retire within 2 yrs of the merge/buyout date with a small penalty (1-2%) but was not sure of exact amount. Delta has 17 stations, the rest are vendored out, we still have 40 stations with NW personnel so not sure what will happen there. Delta has no domestic reservation centers. Delta's headquarters personnel are about 3 to our 1. Delta hub in CVG overlaps our DTW hub. ATL overlaps MEM hub. A lot of questions but not a lot of answers. Steve Gordon has promised not to sign any confidential contract and will provide us with any info as soon as he gets it. That's about all I know.

 

[ready when you are]

Found this on another website....GET READY TO BEND OVER!

I received this email today:

I went to the special union meeting last night. the following is what we were told. It will be announced in the next 2-3 weeks that Delta is buying NWA. Both have about equal cash but Delta has more liquid assets. They want it approved before the new presidential administration takes over in 2009. The process will take 12-14 months to complete. Until that date we will remain NWA and fall under the NWA contract. Delta is non union but the ESE's approached the IAM about a year ago wanting to unionize, but not the agents. There would need to be a 35 percent interest in order to have an election. The IAM has been aggressively working with Delta ESE's and Delta management has been very hostile. Delta's hourly wages are higher than ours but the benefits are lower (vacation time/sick time and higher medical costs). They are trying to put together a side by side comparison for us to see but no info is available yet. Pensions---do not know what will happen to our pensions as NWA was given the 14 yr extension to fund the pension plans. They do not know if Delta will assume this or not. If they don't and NWA doesn't exist any longer there goes the pension. He did say there is some protection if you retire within 2 yrs of the merge/buyout date with a small penalty (1-2%) but was not sure of exact amount. Delta has 17 stations, the rest are vendored out, we still have 40 stations with NW personnel so not sure what will happen there. Delta has no domestic reservation centers. Delta's headquarters personnel are about 3 to our 1. Delta hub in CVG overlaps our DTW hub. ATL overlaps MEM hub. A lot of questions but not a lot of answers. Steve Gordon has promised not to sign any confidential contract and will provide us with any info as soon as he gets it. That's about all I know.

RobertD

Delta has RES centers in ATL and I think we still have one in DFW and SLC. We only have 15 stations left. We have been trying to organize since October 2005. SLC, LAX, and BOS are onboard. The big problem is ATL. ATL has a least half of the ramp workforce.

 

[NewHampshire Black Bears]

RobertD

Delta has RES centers in ATL and I think we still have one in DFW and SLC. We only have 15 stations left. We have been trying to organize since October 2005. SLC, LAX, and BOS are onboard. The big problem is ATL. ATL has a least half of the ramp workforce.

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"ready",


Well if this "deal goes down",....those "good ol' boys" in Hot-Lanta will DEFINITELY be paying UNION DUES....soon.




"RobertD"

Great info RobertD, plz. keep the Info flowin'

Thanx again !!

 

[FWAAA]

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Well if this "deal goes down",....those "good ol' boys" in Hot-Lanta will DEFINITELY be paying UNION DUES....soon.

Bears, I mean this in the friendlist way, believe me, but what the hell good is that gonna do them? Seriously. Representation didn't do much to prevent concessions in the 2002-06 dark days at any of the legacies, did it?

Remember when the worthless union was trying to organize the non-union CO ramp and Little commented on the 10% paycuts suffered by the CO rampers and how it would have been better had they been represented?

That was about the lowest concession percentage of any airline work group during that timeframe (of the airlines that demanded concessions and/or filed for Ch 11 protection). I'm just not so convinced that paying dues to any of the existing unions will make them better off. Maybe your glee at their impending union membership is because they'll finally feel the same pain as all the others - paying 2 hours of pay per month and getting basically nothing in return? The TWU did it to you for all those years - maybe you just want others to toil for union masters because you had to? Sorta like wanting the new guys to do all the dirty work so they can "pay their dues" like you once had to?

Good for the union coffers, I guess. Helps with PAC contributions to worthless politicians and constructing new union halls.

 

[flyhigh]

Not sure who Steve Gordon is but I'm guessing he's a union leader??? Is he looking to not be able to do anything for his membership? By not signing the confidentiality agreement, he's essentially asking to be left out of the process. Companies don't ask for those because they have nothing better to do. They do this for regulatory reasons. It's to prevent insider trading...

 

[PHX PHLyer]

Delta's headquarters personnel are about 3 to our 1.

Why should this email be believed as truth when it is public knowledge that Delta's Atlanta headquarters employ 3365 people and Northwest's Eagan headquarters employ a little more than 2300 people. Not exactly 3 to 1!

 

[Kev3188]

Not sure who Steve Gordon is but I'm guessing he's a union leader??? ...

IAM 143's President and Directing General Chair.