punka.
The merger had little if any effect on AC's financial woes other than approx 4Bil dollars in debt of CAIL debt on top of the egsisting debt that AC had was to be absorbed by AC. This debt was refinanced.
Salaries were slashed as a result of reorganization. They were further reduced for those who lost seniority because they could no longer hold the equipment they were on and were forced to fly smaller ones and many even lost their left seat positions. That can certainly be attributed to the merger. It is hard to put a number on so many variables. Maybe someone who has the time can come up with some fancy charts and graphs.
Last edited by brucelee; 20th Feb 2006 at 21:00.