Captain

Current

2015

2016

2017

2018

B747/B777/A350

$ 271.74

$ 293.48

$ 311.09

$ 320.42

$ 330.03

B787

$ 260.32

$ 281.15

$ 298.02

$ 306.96

$ 316.17

B767-400/A330

$ 256.68

$ 277.21

$ 293.84

$ 302.66

$ 311.74

B767/B757

$ 227.45

$ 245.65

$ 260.39

$ 268.20

$ 276.25

B737-900/A321

$ 219.25

$ 236.79

$ 251.00

$ 258.53

$ 266.29

B737-700/800

$ 218.11

$ 235.56

$ 249.69

$ 257.18

$ 264.90

A319/320

$ 210.46

$ 227.30

$ 240.94

$ 248.17

$ 255.62

MD-88/90

$ 206.69

$ 223.23

$ 236.62

$ 243.72

$ 251.03

B717

$ 196.26

$ 211.96

$ 224.68

$ 231.42

$ 238.36

E190/E195

$ 140.19

$ 177.96

$ 188.64

$ 194.30

$ 200.13

First Officer

Current

2015

2016

2017

2018

B747/B777/A350

$ 185.61

$ 200.46

$ 212.49

$ 218.86

$ 225.43

B787

$ 177.80

$ 192.02

$ 203.54

$ 209.65

$ 215.94

B767-400/A330

$ 175.31

$ 189.33

$ 200.69

$ 206.71

$ 212.91

B767/B757

$ 155.35

$ 167.78

$ 177.85

$ 183.19

$ 188.69

B737-900/A321

$ 149.75

$ 161.73

$ 171.43

$ 176.57

$ 181.87

B737-700/800

$ 148.97

$ 160.89

$ 170.54

$ 175.66

$ 180.93

A319/320

$ 143.75

$ 155.25

$ 164.57

$ 169.51

$ 174.60

MD-88/90

$ 141.17

$ 152.46

$ 161.61

$ 166.46

$ 171.45

B717

$ 134.03

$ 144.75

$ 153.44

$ 158.04

$ 162.78

E190/E195

$ 95.73

$ 121.56

$ 128.85

$ 132.72

$ 136.70



Industry leading hourly pay rates by the amendable date. Rate increases of:
8% on date of signing
6% on 1/1/16 (14.48% compounded on the amendable date)
3% on 1/1/17
3% on 1/1/18
· Hourly rates average 3.5% above American and 13.5% above United on 1/1/16 not including profit sharing

· Average $3,500 increase in monthly pay per pilot, $42,000 per year per pilot by 1/1/18

· DC increased from 15 to 16 percent on 1/1/2017

· Per diem increased $0.05 on date of signing, $0.05 on 1/1/2016 and 1/1/2017

· Per diem paid for deviation from deadhead with front or back end deviation

· Vacation pay increased from 3:15 to 3:30 per day (0:15 pay/no credit) on 4/1/16

· CQ training pay increased to 4:00 per day (from 3:45)

· A350 pay rate equal to B-777 rate

· A330-900 pay rate equal to A330-200/300

· A321 pay rate equal to B-737-900ER

· E190 pay rate equal to E195 rate

o Exceeds JetBlue E190 rate by:

§ $6.39/hour (3.5%) in 2016

§ $17.88/hour (9.8%) in 2018

· Company commits to adding a new small 100-seat narrow-body at Mainline by the second half of 2016

· Section 3 B. 4. “me-too” provision modified to include profit sharing at Delta, American, and United

· Entry-level pilot pay increases to mirror pay rate table increases

· Minimum pay increased to ALV for pilots in training

· Two hours of suit-up pay for pilots (off probation) meeting with Company representatives



Profit Sharing:

· 20% trigger modified from $2.5B to $6.0B for profit sharing distribution for year 2016 and onward (paid on 2/15/2017)

· 5.74% of variable compensation converted to fixed compensation in the form of hourly pay rates, assuming the Company achieves PTIX of $6.0+ billion every year

o This impact is reduced if PTIX is less than $6 billion

· No cap on profit sharing (no change)

· Change in PTIX definition:

o Treat management compensation same as other employees compensation

o Remove stock volatility from profit sharing calculation by removing gains/losses on equity securities

· Changes would not become effective until 2017 profit sharing payout

· Base pay rates increase 17.9% prior to first profit sharing payout under the new profit sharing formula



Scope

· Retains the limit of 76 seats at DCI

· DCI fleet shrinks to 425 from 450

· Total number of RJs is reduced by 5.6 percent, RJ seat count reduced by 2 percent

· With current limits of 223 76-seaters and 102 total 70-seaters, allows 25 additional 70 or 76-seat jets, but tied to deliveries of a 100-seat small narrow-body aircraft(1 70/76-seat RJ for every 2 100-seaters delivered to Delta)

· Enhances mainline to DCI block hour ratio from current 1.35 to 1.81 end-state

· Restrictions in Section 1 D. 4.–1 D. 6. eliminated due to the fact that DCI aircraft are held at a fixed amount of flying

· Trans-Atlantic Joint Venture scope modified to a 50 percent block hour capacity baseline.

o No longer using EASK metric, this includes a carve-out for flights between U.S. and U.K. due to the Virgin Atlantic Joint Venture.

o One-percent buffer, with a one-year measurement period and one year cure period

· Improves fragmentation language and improves control definition



Reroute:

· Pays premium pay if rerouted and not released within 4 hours of originally scheduled block-in (domestic) or 25 hours (international)

· Reroute limited to one calendar day (formerly limited to duty period)

· Removed “mechanical” from circumstances beyond Company control language related to reroute pay

o The only non-premium pay reroute is for WX on pilot’s routing and closure of origin/destination airport



Sick Leave, Disability and Retirement:

No change to hourly benefit, still max of 270 hours based on longevity
Voluntary verification and 100-hour verification replaced with a verification threshold trigger of 15 work days missed due to sickness per rolling 365-day period
Equates to approximately 80 hours for most pilots
2/3’s of pilots will never need to verify
Verified sick leave absence in excess of 20 consecutive calendar days does not count towards verification/medical release thresholds if:
due to surgery, hospitalization, or fractured bone prohibiting the exercise of your first class medical
Other serious medical condition at pilots option
· Rolling 365-day verification trigger is reset to zero for pilots who go on disability

Company to pay for verification only if requested on “good faith basis”
...