Per
http://www.nwaalpa.org/news/index.html:
"The new agreement retains the current 23.9 percent pay cut NWA pilots agreed to in November 2005 and provides NWA pilots with significant scope protections against the outsourcing of mainline flying to small jets. NWA pilots successfully retained all flying on 77-seat and higher aircraft while limiting the number of small jets to 55 (or 90 if placed at an affiliate) 51-76 seat aircraft. In addition, NWA pilots receive an $888 million unsecured claim in NWA and participate in profit sharing and success sharing once the company emerges from bankruptcy."
Can someone explain the pros/cons to each of these items? Which 77 seat aircraft are they currently flying that they have retained the right to continue flying? Isn't the DC9 the smallest that they fly? What effect would NWA acquiring 51-76 seat aircraft have on Pinnacle? Or is this actually a good thing (assuming Pinnacle being an "affiliate") for Pinnacle meaning more 51-76 seat aircraft could come their way? Enlighten me, please. I'm still getting used to all of this airline business.