The pay part is a fact, go look at the TA between our wonderful MEC and the company, they wanted to adjust longevity (not pay, but pay step) in 2014 and not by industry average but the average of the lower regionals that are of similarity to Eagle. The 401K matching is pure speculation, but it will probably be adjusted during negotiations.

This is a copy of that portion of the TA

(2) Longevity
o Benchmark group: a subset of large regional carriers that meet the following
criteria:
 Operate 150 aircraft or more with at least 44 seats
 Operate within the contiguous forty-eight (48) states of the United States
 Majority of aircraft are operated under capacity purchase agreements with
major airlines
 Are not in bankruptcy
 Excluding Eagle
 Note: Individual carriers subject to the control of a holding corporation shall
be aggregated for purposes of the measurement (e.g., “Skywest” includes
Skywest, ASA, and Express Jet)
o Measurement: Determine the average pilot longevity for the selected carriers (for
First Officers and Captains) and calculate the cost advantage or disadvantage relative to Eagle. If there are two, three, or four carriers meeting the above criteria, select the two carriers with the largest longevity gap relative to Eagle and take the simple average of those gaps to determine the Eagle longevity target. If there are five or more carriers meeting the above criteria, select the three carriers with the largest longevity gap relative to Eagle and take the simple average of those gaps to determine the Eagle longevity target. If there is only a single carrier meeting the criteria, that carrier’s gap relative to Eagle becomes the target.