AWA320
Veteran
AWA, I'm talking about asset purchases, which are a way around a merger.
I know for a FACT that when United Air Lines bought assets of Pan Am, the Orient operations, London Heathrow, and even South America, that part of the deal included the employees were to be brought over and slotted in with their seniority. I know of a few pilots (just retired actually) and some flight attendants (still flying) who have a HIRE date of 1985, but their DOH for seniority is their Pan Am date.
I know that Pan Am & National was a nasty merger, but lets also note that many outsiders feel the purchase of National is part of the downfall of Pan Am.
This stuff is really nasty, and it sucks because I know people on both sides of the fence... some of my closest friends at Great Lakes backin the '90s are now flying Cacti Airbii, and my 2 years at USAirways allowed me to meet many, many employees across the system.... I was optimistic when this merger was announced because to me, it worked. I thought this company was going to take the BEST OF BOTH and combine them, but unfortunately all I'm seeing is the WORST of EACH.
:/
I was talking about mergers not asset purchases. Yeah there just might be those that feel National did that but the truth of the matter is PAA needed feed and with UAL NWA and AA not feeding PAA int'l customers any more they were sunk. PAA failed in part because management made a deal with pilots that it really could afford to honor in order to avoid a strike. They were mortaged to the hilt and could not get anymore loans. PAA sold those routes UAL for $750million, the beginning of the End for PAA.