Originally Posted by
symbian simian
Can you show me where it said the merger closing date was used as the snapshot? I thought it was the announcement date, but if I’m wrong, I’m wrong.
sure.
Page 3 of the arbitration award.
two separate dates here that effect SLI.
merger announcement date was used as “constructive notice date”. All new hires were doh post this date.
“The Protocol Agreement sets the Merger Announcement Date (April 4, 2016) as the Constructive Notice Date that places pilots hired on after that date at the bottom of the new seniority list, defined as the Integrated Pilot Seniority List (“IPSL”).”
and then merger close to was used for assessing “pre merger equities”
“The second stipulation sets the merger closing date, December 14, 2016, as the “snapshot date” for “analysis of the respective pre-merger equities.””
….
“The parties further agreed to use the carriers’ respective fleet plans as of the Snapshot Date for the arbitration but without prejudice to any arguments they wish to make about the relevance of fleet plans in building the IPSL. The parties agreed that, for purposes of seniority list integration, there would be just one category called “narrowbody.””
one massive advantage we have over some of the other big mergers is we have both continued to grow during this process. Lots of newbies on the bottom
of both lists post announcement will help cushion any blow.