Went for an interview once for a job advertised in FI as Captain on a sophisticated piece of kit somewhere in darkest Africa.
Offered the job at the interview. I was type rated and current at the time. More or less accepted the post and made enquiry about company policy relating to flying with local F/Os, ie: political sensitivity and so on. At that point I was told that all pilots employed were Captains but that only some pilots were Commanders.
Gosh, what is in a word? A glorified F/O?
The nitty, of course, was that company insurance required such a high experience level that any F/O who was still an F/O with that degree of experience would be slightly suspect.
That said, I personally have no trouble flying with another Captain although I do feel that one person must, at the end of the day, be the designated P1. This can usually, although not always, be sorted out, either between the two pilots concerned (before boarding the aircraft!) or on the basis of company seniority or perhaps rather more arbitrarily by rostering.
