In an upward pattern bargaining environment a shorter contract is better than longer. Standard contracts used to be four years. So only three years is a plus IMO.

Presumably we may have a chance to pattern after SWA and FDX and UPS if we turn this TA down. They make a big deal of these other airlines not having an agreement yet, but also don't mention that it is usually best to be last in line when negotiating raises. So it could actually behoove us to wait.

Unless you believe that there is little upside to waiting for the industry to top out before you set "industry leading" rates.