Payrates:

21.5% compounded over 3 years
3.5% margin + PS on AA rates
45.4% compounded over 6 years counting C2012

Satisfied with this section

DC fund goes to 16% 1/17

Would rather have seen the extra 1% in fixed pay rates. Not a deal killer.

Per diem increase, vacation pay, CQ pay, etc

Yawn. Money could be utilized anywhere within the contract.

Company commits to 100 seat jet

More RJ reductions via 2:1 gearing. 2 100 seaters allow 1 additional 70 or 76 seat jet. DCI shrinks to 425 from 450. Total seats also decline by 2%. DCI block hour ratio enhanced from 1.35 to 1.81.

Nothing to hate here. More transferal of flying from DCI to mainline. Jobs=airframes. This mechanism works great for C2012 and continues.

Joint Venture Scope

Needs more study

Reroute improvements

No issues.

Sick Leave

No issues. I can verify beyond 80 hours instead of 100. Need some clarification whether process remains the same, i.e. pre-emptive verification if pilot desires, etc.

The rest is fluff and stuff.

Impression:

Solid industry leading contract. I would have preferred more monetization of profit sharing into fixed rates. But, if this board is any indication, the pilot group likely wants to carry the risk associated with PS.

RA wants us to lead the industry in pay rates. He also knows the PS is an expense, contrary to what I read here. It is profit that could go to capital expenditures or to shareholders. If he is on the hook to pay us, it's an expense. We clearly wanted to retain PS and I bet he wants to keep it in place as well in order to provide motivation. He is going to count PS as part of total compensation, as he should. Adding our profit sharing to the 3.5% margin on AA, we will be well ahead of AA in good years and firmly ahead on breakeven or worse years.

RJ flying transfer to mainline continues.

I'll vote for it if it makes it through the MEC

Ratified 60%