Originally Posted by
Spaceman Spliff
This is basically the holy grail of NWA's negotiation strategy. However, I understand that many of the 60-year-olds who would "never stay a day past 60" due to their frozen pensions, are staying...whether to get a potential equity payout or whatever.
If those guys continue to stick around in significant numbers, the arbitrator will take note.
Probably best not to overplay this perceived advantage.
So far this year we have a little over 80% of the age 60 guys leaving. Most of the guys staying are pilots that do not have a large number of years with NWA thus their frozen DB plan is not all that great.
NWA was hit with an EEOC lawsuit in the past thus NWA hired guys that were between 40-50 back in the mid to late 90's.