Wasn't a lot of that 4 billion raised by borrowing on the company's fleet of new A/C? The company was probably headed into bankruptcy eventually anyway just to be competitive with the other airlinesexactly. 2 non-aa airlines merged and he kept his seniority. today, that legacy us air clerk's non-us air seniority is included amongst aa fsc's, some who worked for aa here or there or reno air, or a sky chef, etc..etc.
i don't think javits was hired to tell the us air PTers that he can't help them with their seniority. there's more pain on the aa side. i said i have a problem with this and i explained why, but i can lump it. as far as taking years to sort out, i don't believe that from the aa side- the company knows everyone's company seniority date.
i hope so. aa's bk was so ridiculous the govt. actually pushed back. aa had nearly $4 billion in cash when they filed. it was a pension move, pure and simple. aa's pilots used to get $1 million lump sum pension payout. aa's mistake is that they should have filed in the early 2000's, ala you, 2xs and everyone else. they allowed everyone to accrue an additional 8 years on that frozen pension.
that isn't any kind of theory. i'm talking about co-workers that helped push aa to the top of the chain - from mid 80's expansion til 9-11. guys getting paychecks (when they were paper), that had a huge AMR on it. unfortunately for them, maybe they should have pumped fuel into piedmont planes or catered allegheny airlines to get a rightful place in line. this is what i'm talking about, never saying that former legacy us air have no rights or nothing to carry over.
as far as the aa vs. us air, i'm not in that fight. we all got killed by 9-11, everything changed. prior to that, aa was the best and paid the best. maybe that's why aa had too much money not to file in 2002 and flopped on it's attempt to terminate our pensions in 2011. they should have filed under a republican administration.