I’m on the VX side

 

Easy because the ALK proposal does that. I’m sliding back 10% on the list and being slotted with ALK pilots hired 2.5 years after I was hired at VX. I’ll take my DOH please.

 

Why was VX for sale?

 

Everything is for sale for the right price.

 

Every public company is for sale. When a offer comes in the board of directors has to consider that offer. 3 airlines approached Virgin. Virgin did not put itself out for sale.

 

Delta wanted to sell y'all as scrap metal but DOJ wouldn't approve so Eskimo outbid blewho.
Robust and thriving businesses just don't wake up one morning and sell just because a potential buyer makes an offer. It's usually because of their inability to compete in the market and/or just weak. I'm just sayin'.

 

A publicly traded company with a CEO and BOD has a fiduciary duty to their shareholders. If a buyout offer is presented at a significant premium to the current share price, it has to be considered.

 

Y'all is a hick. Writing "just saying" btw is ignorant AF.

 

This. Public companies (almost all airlines) are actually already "sold" when the shares are issued in the first place (> 50.00%). After that it's just a matter of who buys how many shares.

 

Why does anyone bother engage these idiots? It’s obvious they haven’t read S-10s, SEC filings, the acquisition documents, the SLI transcripts, etc, etc. They’re just making crap up, or regurgitating rumors and nonsense they hear in cockpits as fact. For example, Iif you read the documents, Alaska approached VX first. Once VX’s board decided to sell, they went out and whipped up competition eventually gaining four more parties that drove the price up. They were hedge fund managers after all and knew the game.

The basic problem with some posters on here is that they are angry they aren’t guaranteed a windfall from AS acquiring VX. We are all just pilots flying from A to B and back. Whether your company makes a lot of money, acquires someone, merges, gets acquired, or fails, or gains routes and makes more money because someone else fails, it’s got NOTHING to do with you. Alaska did well for a long time. So what, it’s got nothing to do with how well the pilots flew. You didn't outfly the boys at Pan Am, TWA, etc. Alaska acquired VX, guess what, once again it had nothing to do with how well you flew. AND, get this, just because MANAGEMENT acquires someone doesn’t mean PILOTS get any benefits. A lot of guys on here seem to think there was something in this merger for them. Nope, your just a pilot. No different than a pilot whose company failed. Or who got acquired. ANY corporate level business decision could be good or bad for pilots. We are all just in it for the ride. That’s how a career as labor works. You want to make personal gains through corporate acquisitions, you’d best join management.