In our contract we have job protection if we are bought our or merge with another airline. If we do declare bankruptcy and our contract is not thrown out by the courts we still have this protection. Here is what our contract says:
Section 1
Recognition, Scope AND Job Security
C. Successors
1. This agreemnet shall be binding upon any successor including, but not limited to, any merged company or companies, purchaser, assign, assignee, transferee, administrator, receiver, executor and/or trustee (hereinafter "successor"), of the comapny which ascuires ownership and/or control of all or substantially all of the equity securities and/or assets of the company (a "successor transaction"). The company agrees to give written notice of the terms of this agreement to a proposed successor before concluding any successor transaction. the company shall provicde the union with the provisions of any successor transaction immediately upon conclusion of such transaction.
2. In the event of a successor transaction, as defined in paragraph c.1., above, the following provisions shall apply regardeless of whether one or more than one carrier survives the transaction or whether formerly seperate operations are to be integrated.
a. The company and/or successor shall continue to recognize the union as the representative of the pre-transaction company flight attendants, so long as such recognition is consistent with the RLA and any applicable rulings or orders of the NMB.
b. Subject to applicable securities and other laws and regulations, the company shall review with the union the details of any material agreements relating to successor transactions in a timely manner, provided that no financial or other confidential business information need be disclosed unnless suitalbe arrangements are made for protecting the confidentiality and use of such information.
c. The company, or the successor if different from the company, shall continue to be the employer of all FLIGHT ATTENDANTS on the Northwest System Seniority list, including an such flight attendants on leave or furlough status at the time of the successor.
d. Where formerly separate operations eventually are to be intergrated, the two flight attendant groups shall be kepts erpareate until their seniority lists are intergrated in accordance with the rquirements of this section and the rates of pay, rules, and working conditions for the post-merger craft or class are estableished by agreement or wotherwise in conformity with the RLA.
e. So long as the two flight attendant groups remain separate, the rates of pay, rules, and working conditions set forth in this agreement shall be observed with respect to the flight attendants whose names appear on the NWA flight attendant system seniority list.
Section 1
Recognition, Scope AND Job Security
C. Successors
1. This agreemnet shall be binding upon any successor including, but not limited to, any merged company or companies, purchaser, assign, assignee, transferee, administrator, receiver, executor and/or trustee (hereinafter "successor"), of the comapny which ascuires ownership and/or control of all or substantially all of the equity securities and/or assets of the company (a "successor transaction"). The company agrees to give written notice of the terms of this agreement to a proposed successor before concluding any successor transaction. the company shall provicde the union with the provisions of any successor transaction immediately upon conclusion of such transaction.
2. In the event of a successor transaction, as defined in paragraph c.1., above, the following provisions shall apply regardeless of whether one or more than one carrier survives the transaction or whether formerly seperate operations are to be integrated.
a. The company and/or successor shall continue to recognize the union as the representative of the pre-transaction company flight attendants, so long as such recognition is consistent with the RLA and any applicable rulings or orders of the NMB.
b. Subject to applicable securities and other laws and regulations, the company shall review with the union the details of any material agreements relating to successor transactions in a timely manner, provided that no financial or other confidential business information need be disclosed unnless suitalbe arrangements are made for protecting the confidentiality and use of such information.
c. The company, or the successor if different from the company, shall continue to be the employer of all FLIGHT ATTENDANTS on the Northwest System Seniority list, including an such flight attendants on leave or furlough status at the time of the successor.
d. Where formerly separate operations eventually are to be intergrated, the two flight attendant groups shall be kepts erpareate until their seniority lists are intergrated in accordance with the rquirements of this section and the rates of pay, rules, and working conditions for the post-merger craft or class are estableished by agreement or wotherwise in conformity with the RLA.
e. So long as the two flight attendant groups remain separate, the rates of pay, rules, and working conditions set forth in this agreement shall be observed with respect to the flight attendants whose names appear on the NWA flight attendant system seniority list.
