SlumTodd_Millionaire
Most Hated Member
its not as ridiculous as it sounds. Read letter 1 in our CBA, it deals with scope between us and whoever owns us. Skywest's purchase would be contingent on us giving up some of the language in that letter.
Oh, I'm well aware of that letter. It's what we call a "holding company letter." It guarantees that your contract is binding on all holding companies and successors. The fact that it binds Skywest to your scope language is the whole point of that letter in the first place! Skywest's purchase is not contingent upon you giving up your letter, Skywest's purchase is contingent upon them honoring that letter and complying with your contract. Don't give it up!