As far as I am concerned, these guys should be glad their company isn't just shutting its doors. Therefore, if they are stapled to the bottom of the list (which is exactly what should happen) they should be grateful just to have a job. Why should the RAH guys be penalized by losing seniority because this company was failing and were bailed out?
I guess it is up to them - is it worth it to get paid a little less and still have a job, or just walk away because they have to much pride to fly a "small" jet. Give me a break...