Originally Posted by
Bananie
This is one of the silliest comments ever. Southwest last had a raise in 2011. Their contract was amendable right around the time ALPA negotiated the Delta contract in 2012. They could have gotten our 20% raise and now be negotiating again. They got 0% and are still negotiating. And you think that's better? 0 is better than 20? In what universe do you live.
What you and The Tool fail to acknowledge or comprehend is the time value of concessions. C2012 was cost neutral to Delta largely because of our concessions. TA2015 looks the same regarding concessions.
If you two and your ilk are going to be screaming time value of money as the reason you have to take the deal as long as it's quick, make sure you calculate the time value of NOT taking concessions.
Carl