7&7, Sal is right that we would be better off with no union in the event of a pilot merger but wrong that we would be on the street. In a covered transaction, that is a sale that involves 50 percent or more of the assets, the Mcckaskill-Bond act takes effect. The Mcckaskill-Bond act states that in the event of a pilot merger with dissimilar/ no union, the merger will be via Allegheny Mohawk which would probably net us relative Seniority. In the event of two pilot groups with the same union merging, that unions merger policy will take effect. Teamster merger policy is DOH with fences. We would be slotted in with FO's furloughed pilots but still get to keep our seat. We could never bid another airplane, we would work every holiday, we would get our last choice of vacation, our first officer's would never upgrade, etc. What happens if our fleet goes away or is replaced? We don't know but my guess is a bump and flush.
http://thepilotsurveyor.com/2012/05/27/what-is-the-mccaskill-bond-amendment/