Old 08-31-2018 | 03:18 PM
  #92  
av8or's Avatar
av8or
Line Holder
 
Joined: Nov 2006
Posts: 927
Likes: 2
From: This side of the dirt.
Default

Originally Posted by Work4life
That could be said for about every single airline out there and for that matter, every large corporation. Case in point-USAir comes out of bankruptcy and all of a sudden, billions of $$$ appear from thin air. It then purchased American. Same shady creative accounting is used at Angle Lake, genius. The savvy bean counters know their way around the system just enough to fudge the SEC filings.
Regardless of how much money VX was making hand over fist behind the scenes, none of it matters in the legal scheme of things. The bottom line is VX never showed a profit in the books. To the public's eyes and in our case with the arbitrators, it is just a shell of a company. You all deserve a staple job but thanks to spineless Eskimo ALPA, you are going to once again receive a windfall. You should have all gone the way of Aloha so thank your lucky stars.
That still doesn’t answer the question of if they were gonna get bought... (and clearly they were) why they should be thankful that their purchaser was, in the end, the one with worse work rules, pay, scope etc? In hindsight their fate wasn’t a binary choice between Alaska and out of business. It was a choice between Alaska and JetBlue. So can you make a compelling argument why, for them, Alaska as purchaser was better than JetBlue?
Reply