Well... I agree... the aircraft is slick. Regardless, I think NWA is a mistake. Southwest seems to work just fine, as does Northwest. And, "nwa" is five syllables... does not roll of the tounge like two-syllable "northwest".
Should the new paint scheme be implemented over the course of regular maintenance checks, that is fine, and probably cost effective. However, that is a VERY long process... Southwest said it will take about 10 years to convert its fleet via this process to their new ''Canyon Blue'' scheme. Normally, airlines do not allow 10 years to convert to a new scheme. USAir repainted all their aircraft TWICE in 10 years.
Second, the new "compass" logo suggests that this is not an update of the bowling shoe - current N/W/compass logo. Airlines usually update facilities, paper, aircraft interiors, and uniforms with this type of logo change. So while the paint may be cheaper, what is the cost of completely redecorating the recently opened DTW Terminal only months after opening? Sure, all of these items need replacing periodically (paper, uniforms, etc), but most airlines do it all at once for a logo change, and that is expensive. I seem to remember reading in Bethune''s book that the first thing he did was instruct the company to paint all the airplanes in one logo ASAP at any cost... It worked for CO because it was a perception thing (they had airplanes in modified PEOPLExpress, Frontier, old and CO colors at the time). However, I don''t think now is the time to introduce this for NW. I think they should have kept this in their back pocket for a couple of years, when the economy (hopefully) picks up steam again.
And I have to agree with whomever said that associating your new logo with the current round of layoffs, service cut-backs, etc, is probably not the best idea.
In short... Nice livery, nice logo, bad timing in just about every way I can think of. Maybe they will be smart about it and have a few newer aircraft floating around with the new logo for a couple of years before changing airport signage, uniforms, letter-head, etc, and wait for better times to complete the transition.
Just my opinion.