Seattle (TheStreet) -- For Alaska Airlines (ALK), the reality of being under assault by a stronger adversary sank in six days ago, when the carrier reported earnings that beat estimates -- yet watched its shares fall 9% as analysts worried about capacity increases in key markets.
But Delta's (DAL) effort to build a Seattle hub on top of Alaska's Seattle hub is also having a positive impact for the airline, in that it is further uniting Alaska's approximately 10,200 workers, 83% of them unionized.
It has not escaped the workers that Delta is a largely non-union carrier, one that strongly resisted efforts by the International Association of Machinists and the Association of Flight Attendants to organize its workers following the 2008 merger with Northwest. IAM and AFA are the two largest unions at Alaska.
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