Originally Posted by
KnockKnock
“By the way... Maybe VX was never meant to be a long-term and ongoing concern but rather a strategic play by investors to start it, increase its value and making it attractive enough for other airlines to get into a bidding war for its acquisition and exit with a pile of cash. I'd say they played it brilliantly..”
Biz, this rhetoric is why many AS pilots think the VX pilots had no real career expectations while at VX. That the pilots simply went there as either a place holder until other airlines started hiring again or hoped it would be bought by another airline. The belief is most of the pilots knew VX was not a long term game plan. This has been a source of much contention.
Actually KnockKnock, right as I was in the process of writing the post you're referring to, I was again reminded that that was also an option. That's what hindsight allows..
I always had the expectation that VX was gonna be around and I recall that most guys felt the same way....
Now a little history... Towards the end for us, 8 or so years down the road, when VX started to slow growth, defer deliveries, and increase their profits substantially, etc, those who understood finance and business started pointing out (canary in the coal mine) that all this was to fatten the calf for sale and that's when we started debating the issue... But prior to that, the overwhelming majority were in it for the long haul...