There's different kinds of debt. Debt that doesn't include a unilateral clause allowing for renegotiation is "bad" debt. Debt that is actually someone else's $$ doing
your heavy lifting in exchange for a strategic objective (Rolls Royce is financing NW's B787's), is "good" debt.
1. Richard Anderson. He worked his way up from an entry-level position to CEO...and actually learned how an airline and it's employees operate.
2. Antsy shareholders. The dweebs that overpaid me for my Claim also hold too much DL paper. That commonality is driving some of this.
3. The Skyteam partners. They have been influencing things to their benefit for the "3 stooges" (NW, DL, CO) in the U.S. for specific reason. If you combine #2 above, with the desire of AF/KL to own 25% of the
MergeCo (See also: "Delta"), you see a mutually beneficial opportunity.
Yes, but I won't discuss them here. Compass pilots are represented by the Chairman of Council 1, a NW B757 captain. He's on it. I think Mesaba fairs well too. Side note: I'm looking forward to seeing the first Mesaba guys flowing up next month! It will be fun to boss 'em around at NATCO! :beer:
Agree. I think
all possible combinations have some weaknesses.
I think Anderson has an appreciation of the NW presence in the midwest. One of his favorites expressions was, "
It's cold and it's dark...but it's OURS!" MSP remains the largest market not served by SWA, and the way we defend our two hubs is a case study in "
patria defensor". Reno, Sun Country, Frontier, Midwest, and American all tried to go
mano-a-mano with NW...and pulled back.
Fences are unnecessary. I'm assuming in a DL/NW merger, all equipment would see an increase in rates. That means DL categories would still pay higher than NW categories. Since
no-bump-no-flush is embedded in
BOTH systems right now, fences would serve only to prevent the double-breasted horde from storming up to DTW to fly our jets for less money.
Not likely!
If a few categories are moved by the Marketing folks to another base (HNL base for NW on hold 'til they see where the merger stuff goes), then you'd see the pure use of seniority, tempered by pay rates and the willingness to relocate/commute.
I would think the 500-600 NW pilots who live in Georgia, Florida, or one of those other inbred states

D )would pose a bigger threat to DL pilots in ATL...but the inability to bump someone staying-put makes that a
sloooooow process.
Fences come from arbitration...which comes from stupidity...which is a byproduct of anger.
A couple of
calm pilot groups
focused on the Big Picture stand to improve their lot in life
well before they could ever get through Section VI negotiations.
Would they let me use a crayon? (I'm a Marine...)