[QUOTEjonjuan;2423659]I don't think airlines get cola raises after top longevity.[/QUOTE]
All the major airlines, and at least most of the regionals, have COLA raises every year of the contract whether it be the first year or the last on the pay scales. They typically don't carry on the COLA raises once the contract is done and they go into negotiations- a five year contract will have pay scales for each year of the contract that include the COLA raises. I don't believe any of the airlines have actual inflation indexed COLA raises, but instead a fixed raise and this raise is on top of longevity raises. For NetJets next contract, I believe the majority are in favor of using an indexed based raise in case of massive inflation. The company has that for the management fees in every owner contact, along with a minimum rate for inflation.