Alaska 70% longevity puts VX1 with a 2000-ish AS-DOH with a ratioing of the bottom few hundred guys.
VX 15% longevity by my estimation puts VX1 with 1989ish AS-DOH.
Both actually seem a little out to lunch. I have been an advocate of the 50% weighting in this merger because of how equal a case I think each side really has.
Alaska had safety and job security coupled with some retirements, but really no real growth beyond that. There has been an annualized 2% growth in the number of pilots at Alaska since I was hired here 12 years ago. Slow and steady wins the race? Hopefully.
Virgin America, no real guarantee of being able to make a career out of the place. You took a chance to be at a newer carrier with higher growth potential - congratulations, the gamble paid off.
A 50/50 weighting seems inherently fair giving each side equal credit for the choice they made. A 50/50 weighting would pair VX1 with a 1997ish AS-DOH.