"I was at the Atlanta North roadshow

$1,290,000,000 is a bit of a stretch

We are not getting $430M a year at day 1,*Its going to be drawn out over 3.5 years

2012 4% day 1, end of 2012 we are at $40M but we already gave up higher crew utilization(paid for)

2013 8.5% of which we trade 2% profit sharing nets 6.5% equals net $210M(assuming straightline profit)

2014 $210M plus 1% or $20M (since 2% profit sharing is substituted for hard $$$) = $230M

2015 $210M + $40M= $250M

Grand total approx $730M

We need $80M to $100M a year just to keep up with inflation or $350M over 3.5 years so we are giving up(selling) more 76 seat SNB jets to the commuter, better reserve utilization (ALV+15) higher crew utilization (current ALV cap +2) for $730M which is a paltry $380M over our cost of living. Leaves a sour taste in my mouth, we are making our increases by working harder and relaxing scope.

Cost neutral means we pay for the raises not someone else."