The big deal about this is - - I'm almost convinced NWA got FUTURE retirements in play as a equity now.

On average the NWA pilots hired in younger and are younger than the Delta pilots. The Delta pilots will retire before the NWA pilots senior to them. At least in the classes of 2007 and 2008, it will be almost all Red pilots at the top 24 years from now.

Who'd have thought a merger of equals was just as difficult as any other merger?