Quote:
Originally Posted by boyracer
ha ha how is it a done deal when it has to be voted on by the pilot group?
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I'm not so sure about that. It appears that the sticking point in the transaction is our scope clause in our contract, basically that SKWY wants it gone.
Whether or not SKWY and XJT management want to wait on the result of a possible pilot vote is not clear and doesn't directly trigger the purchase or backing away from the deal. Obviously it would be easier for SKWY to proceed knowing that the pilots are in favor of their proposals, but to say that they couldn't purchase XJT without our "scope vote" appears inaccurate. Could another possible outcome be that they purchase XJT without a vote taking place, then we vote "no" to a change in our contract...Obviously not the best outcome for SKWY, but at that point they're already in the door.
Rob Corso
EWR