From SVP Martin March 18:
That new landscape also changes and challenges our ability to compete successfully for growth. To assist in funding compensation increases and remain competitive as the industry changes, we either need to cut existing budgets in other areas across the business, implement Pilot productivity offsets or find new opportunities to create additional revenue. We prefer the latter. More revenue is good for all of us. It means more aircraft, more hiring, more upgrades and Quality of Life enhancements.
While there are many issues of interest to discuss, we simply cannot cover every topic in the next few months. We must prioritize and determine what to address first, second, third and so on - and we believe the compensation package is number one on everyone’s list right now.
In short you will receive a pay raise offset by code sharing on domestic routes and fly more days.