What's the rush to complete a TA now, 7 months before the amenable date? We've heard of the 'time value of money', what about the time value of leverage? The company NEEDS this agreement to move forward in the industry, otherwise they stagnate. I read an article recently stating that Delta's new pilot agreement is poising the company for an upgrade...RA's strategy is to make DAL stock 'investment grade'. He needs this agreement to do that.
This will not take 30 months to resolve. It took 3 months from early openers to today. If both sides address pilot concerns after being voted down the first time, assuring passage the second time, then we're all happy. RA is simply "pressing to test". I admire him for it. I hope the pilot group uses their own independent thinking as well.