Why was this a great deal? The contract improvements would have been nice while they lasted. Come 2011, I'm guessing our NWA rates will be roughly equal to what the combined company would be able to negotiate at that time. Why would we sell our seniority to capture contract improvements for a 3 year period?
I'll take a stab at it. The words "I'm guessing". The words "while they lasted". The rates were real, the "signing bonus" real, the board seat real, the increase in retirement real, the work rules real. you are making the same mistake that your negotiators made. You assume that in 3 years the economy will be conducive to your matching of the rates and bennies offered. Your reps did the same thing. For example, our number cruncher showed them how any given pilot on the seniority list at NWA right now would have more career earnings under the Delta proposed list than with NWA going it alone with their retirements. The NWA rep disagreed and showed his math using the NWA list as is now with the NEW pay rates, apparently thinking that the NWA pilots would get both their autonomy as well as all the compensation should the merger go through. Sorry, you don't get both no merger and instant contractual appreciation. Fuzzy math don't fly. This is the mentality that our reps dealt with.
Since we are speculating on the future. Let's speculate on the "worst case scenario". Total US economic meltdown. All airlines BK. Yet there IS no US without airline travel. So the airline industry is reregulated, or even better, nationalized. Who gets to survive? Well, that's a good question, but I doubt a midwest airline with some Asian presence gets the nod. Perhaps Delta does not either, but I'll put $100 on which would be above the other on the list. Now look at the largest airline in the US, and a global powerhouse. A combined DAL/NWA that by itself would send the economy reeling with its disappearance. It is simply too big to be allowed to fail. Your scenario is absolute best case: NWA survives on its own AND has the ability to raise it's pay, work rules, vacation in 2011 by approx 33%. My scenario is worst case. Given the circumstances today, and neither of us having a crystal ball, I would say my scenario is much more plausible.
We're not USAir! In fact I believe NWA's financials will prove to be far superior to those of DAL over the course of the next 5 years. Your thoughts?
Our new hires will be at the 50% mark by 2020. I'd venture to guess you won't see significant retirements at DAL until 2020 leaving for significant career stagnation. Or do you still feel DAL will grow so fast the DAL guys will fly up the list at the same relative pace the NWA guys will move up theirs?
Are you bi-polar? In some posts you claim the NWA guys showed up unprepared and weren't ready to negotiate. On other posts you claim the DAL guys gave their final offer on day one and wouldn't negotiate. Was this or was this not a negotiation? Why did the NWA MEC do to screw the pooch? I think they just saved us from a huge nightmare, especially with the current economic environment and DAL debt we would have to assume as a combined carrier.
Pretty much all of your assumptions point to a happy, healthy NWA 5-infinity years down the road. have you been keeping current on recent events? With oil where it is NOBODY has a viable business plan. A trip back through ch 11 is likely in the cards. A hookup would preclude that despite the "enormous debt", which of course NW has none of with all of those a/c orders

, Delta has.
Nobody is saying you are USAir. it is a merger of equals. Yet you want super seniority. You want credit for retirements but do not want to give up your DB plan for the credit, AND want substantially more of the table money pie DESPITE the hard evidence that your career would be better in the long run financially with the same relative seniority.
The Delta MEC has shown the vision of tomorrow. They singlehandedly changed the way management "slashes and burns" in BK, the took the next step with regard to a deal like this even being considered--with pilots taking an ACTIVE role in mergers rather than a reactive, they have spurned the usual INACTION of ALPA national with regard to these items, they have seen the future and are actively engaged on an international level with foreign pilots which will ease relations when, not if, globalization knocks on the aviation sector, and the proof of all of this is the laggard MECs at just about every other airline following in the Delta MECs footsteps.
This was not a negotiation. It was not a give a little, meet in the middle. It was more like an emergency meeting of minds to see if a deal could be hammered out. Taking a "negotiation" posture displays the kind of antagonistic mentality which will be the doom of NWA. G.L. was right. NWA came back a knock'in. If they are smart, they will come again with clear heads. It may be too late anyway. AMR is knock'in now, and they don't ask. They dictate. They've laid low waiting for the shakeout, and now it may have arrived.
I think it would have made a hell of an airline, with A.F. joining the mix eventually. A global powerhouse unrivaled. It's just my opinion, but has more tangible substantiation than your unknowns.