Old 05-14-2016 | 03:48 PM
  #132  
Mea25000
OTZEagle1
 
Joined: Apr 2016
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Career expectations? VX was a leveraged start up with 4 X debt to equity. Looking out 5 years there was reasonable doubt if the carrier would even be solvent or not. My w2 for '15 was 283k with an A plan and a 401k... At an airline that had the best asset to debt ratio in the industry, an airline that had been around more then 80 years.. The two career expectations were definitely not the same. All the previous mergers were bankrupt struggling carriers being pieced together all of which at the time of there merger had the same dismal career expectation. The only exception was southwest and AirTran.... And even there AirTran/valuejet had been around for 20 years... And AirTran did not get relative seniority. I paid good money and I bet our attorney will very colorfully distingish the different career expectation we really had. It seems all common sense is lost once a deal is announced. If you were to offer any VX pilot there same relative seniority on an AS list (they could just exchange it with a AS pilot who held the same %) 99% of VX pilots would have done it... Reverse that offer and 1% of AS pilots would have jumped at that offer. I think that tells you the difference in career expectation.

Last edited by Mea25000; 05-14-2016 at 04:20 PM.
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