700UW said:
Who raised the money and proposed the merger?
Hint hint, it wasnt HP nor Parker.
The finances of both companies were discussed in great detail in front of an arbitrator
as you are aware. The board made decisions based on those facts.
The facts being, America West was in a better financial position in 2005.
The ALPAArbitration Board
-------------------------------------------------------------x
In the Matter of the Seniority Integration of
The Pilots of US Airways, Inc.
and
The Pilots of America West Airlines, Inc.
-------------------------------------------------------------x
The ALPA Arbitration Board
George Nicolau, Chairman
Captain Stephen Gillen, Pilot Neutral
Captain James P. Brucia, Pilot Neutral
"There were also differences in the financial condition of the two
carriers. For a short time, America West had been in bankruptcy but
emerged in 1994 as a low cost carrier (LCC) operating out of hubs in
Phoenix and Las Vegas. US Airways had also declared bankruptcy, not once but twice. And it was still in bankruptcy at the time of the merger and was unprepared to present a reorganization plan for its emergence."
"Yet, it cannot be disputed that there were differences in the financial condition of both carriers and that US Airways was the weaker. This necessarily means that career expectations differed and that US Airways pilots had more to gain from the merger than their new colleagues."
"Before discussing the aforesaid approaches in greater detail,
some uncontroverted facts and then some recent history. US Airways is the product of a series of mergers stretching back to 1968. At the time of the US Air/America West merger, US Airways had a grand total of 5098 pilots on its seniority list, 1691 of which (33%) were on furlough."
"A majority of the Board has also decided that the totality of premerger career expectations weighs in favor of active pilots as of the date of the announcement. When one considers the number and length of furloughs on the US Airways side and the dim prospects the airline faced and compares it to the lack of furloughs on the America West side, which furloughs ceased to exist long before the merger took place, merging active pilots with furloughees, despite the length of service of some of the latter, is not at all fair or equitable under any of the stated criteria."