It is really hard to say how the impending DAL bankruptcy will play-out here at ASA. We could be sold now or later. If we are sold, it might not be such a bad thing (we could end-up with more bargining power or bigger aircraft as an independent company again).
Or, we could all be out of a job. If that happens, where would we all go? A lot of people I know at ASA (myself included) are already planning for life without aviation. That is a smart thing to do no matter where you work in the avaition business.
I was a corporate pilot once. I worked for a large company with much better pay and benefits than I have now at ASA. If that is what matters most to you, then stay corporate, you will never get rich at ASA, and you will probably never be able to move to DAL or one of the former majors (they may not hire again for 10 or more years, then all of their squadron buddies will get the hook-up anyway). If you really want to work in the airline environment then come on over to ASA as fast as you can. I don't regret it one bit. I like the professionalism, known schedules, and the better quality of pilots I work with here over what I experienced in my corporate job (I am not bashing all corporate pilots, just the ones I happened to work with at brand X).