JonnyKnoxville
Well-known member
- Joined
- May 20, 2004
- Posts
- 439
The NWA pilot group has certainly proven themselves in the past. They used to have one of the best contracts in the business. The CAL pilot group on the other hand has a very poor history as you know.
The CAL pilot group has an opportunity to change this and is in negotiations as we speak. The NWA contract cannot be amended UNTIL 2011! In the end, there is every reason to believe that CAL will be a stronger airline going forward than NWA. NWA appears to have no interest in growing the Mainline domestically and 18 787's in the coming 5 years is pretty anemic Int'l growth in my opinion. While they are at the beginning of their hiring, they have very little growth plans and a VERY old fleet. With oil appearing to remain in the $90 - $100/barrel range its hard to believe they can sustain those 9's for many more years.
With the total loss of their scope protections this probably means tremendous growth for their regional partners and slow growth at mainline.
Even with age 65 CAL still boasts a SUB 5 YR UPGRADE! The dollar cost averaging of that earlier compensation means FAR more earning potential at CAL than NWA to say nothing of the horrible B fund match that NWA has at the present. The B fund match at CAL is not great, but it is nearly triple that of NWA.
I don't think Dollar Cost Averaging has anything to do with this (or maybe I need to go back to business school)...Did you mean Time Value of Money?