Originally Posted by
Gunga Din
I may be paranoid but at time like these I think 'cui bono'. Who benefits? Why would the company come up with 1M as a fair payment? Who suggested that? And who best benefits from a merger fund (besides 1300 pilots). Who suggested we use the quid for that? Same person I suspect?
Originally Posted by
Qotsaautopilot
The $1m would be ours if it's in a merger fund is my understand and if not used (it could sit there indefinitely I suppose) it would be paid back to us.
Who and how it was decided that $1m is fair is anyone's guess if true.
Putting the quid into a merger fund would be a great use for that money. It prevents an assessment, which presumably no one wants. In the event no merger happens, those funds are redistributed back to the pilot group, not back to the company.