World, ATA , and North American

[alpine1989]

There is some strang language in Worlds SEC 8 filing about World being the surviving company. So things might not be so great for ATA after all.

On what page of the SEC filing can I find this strange language?

Cheers

 

[mhermann596]

On April 5, 2007, World Air Holdings, Inc. ("World"), Global Aero Logistics Inc. ("GAL") and an indirect wholly owned subsidiary of GAL ("Sub") entered into an Agreement and Plan of Merger (the "Merger Agreement"). Under the Merger Agreement, Sub will be merged with and into World (the "Merger"), with World continuing after the Merger as the surviving corporation and as an indirect wholly owned subsidiary of GAL

 

[tzskipper]

I believe that the "merger" in which World Air is the suriving entity, is the merger between Hugo Acquisition Group and World Air. The "new" entity with the World name, will be a wholly-owned susidiary of "GAL", which is the parent corp of ATA Airlines.

Skipper

 

[ATADSIP]

After reading the official SEC 8 filing and also reading what TZSkipper has to say I tend to agree with his/her understanding of it.

Hopefully its not just wishful thinking on my part.

 

[MD11Drvr]

ATADave,

I think we all understand the mechanics of a strike at least I do. I just stated the prevailing thought at the time. And in no way want to imply or suggest to strike AMC would be unpatriotic. At the time this was the descision and had the stike lasted longer than 11 days it is likely or at least possible for AMC adhoc to have been affected. We were called off strike and it never went that far. The no strike was in the contract at ATI and it is in the CBA at WOA. Since ATA has avoided this clause in thier CBA then I say congrats. If NAA can avoid it as well then maybe WOA can revisit this at next contract talks. Unity is the only way to fight this Mgmt group as I have no confidence in what they say. I look forward to being a united front and setting a new precedent where it comes to mergers in the airlines.

All the best!

Dave Mauldin

 

[nyboilermaker]

Ockham's Razor

The other side of coin could be black and white.

[SIZE=-1]Mattlin Patterson [/SIZE]buys "distressed" companies. Dresses them up, and sells them.

WLDA's MD-11/DC-10 compliment ATA's DC-10/L1011s well.
ATA's 757 compliment 757/767 well.

One nice large charter operation for sale. After going through this before, perhaps we're giving these guys too much credit.

-NYB

 

[bigboeings]

How would Southwest fit into all of this?

 

[Whine Lover]

ATA will be split in two and sold off.

- DC-10/757 to World

- 737 / Codeshare to SWA.


Simple.


YKW

 

[alpine1989]

ATA will be split in two and sold off.

- DC-10/757 to World

- 737 / Codeshare to SWA.


Simple.


YKW

I don't see that happening.

 

[Esprit]

Then lets hear it. How do you see it goin down?

Esprit