Originally Posted by
eaglefly
Not to worry, the arbitration PANEL will correctly evaluate what was reality and what was fiction in the three pre-merger carriers conditions and likely future both absent the merger and with it just as the PANEL did in the UAL-CAL SLI.
You better hope so. A lot of guys said that about George Nicolau, but he missed it by a mile. He didn't consider orders from either side, but I'm sure that's because the east had more on the books.
"In the exercise of caution, we have also constructed the list on a
no-growth basis, using the fleet as it existed on January 1, 2007, and
giving no weight to pre-merger orders except to the extent that any
such additions were in place as of January 1, 2007. Our judgment as to
the fleet is based, not on asserted expectations as both sides urged,
but on reality. Particularly in this day and age, with airline instability a
way of life, it makes little sense to rely on pre-merger projections. This
is especially the case here when the financial picture of both airlines
was less than optimum. A January 1, 2007 list also is a closer
reflection of reality on the merged airline."
You never know what you will get in arbitration and I'll bet everyone is surprised by at least one thing in the outcome.