Professor,

One of ALPA's stated goals was not to leave any money "on the table". I haven't heard how the company's announcement of $5B in buybacks DURING NEGOTIATIONS affected that calculus. Can you please comment? Did ALPA negotiators see that as money off the table? Did they know that was going to happen ahead of time? Sure seems like it would have been a great time to step away from the negotiating table and rerun the numbers.