The basic error is and I quote:
but if you merge to companies it won't work in the same way. And integrating 2/3 of SR and Crossair into SWISS was a merger, if you use common sense.
If anybody would have used common sense, rather than a false sense of national pride and image. LX would have remained, have its weaknesses, and possibly flourished, while SR was liquidated.
Legally and practically it can't be a merger - or seem to be a merger. Why ? Good question. Because if it is a "life after SR" it is also legally liable for all the bad debts and will also go under.
After the American vulture lawyers have finished with South Africa, this is a dead ringer - Because the seniority is based on a merger, it is a merger, and therefore you have to pay off all of the past bad debts... Grow up, and understand the real world of dog eat dog, cat and anything else around.
