Originally Posted by ERflyer

Upon further reflection there is a case for voting Yes and it is multi-layered.

First, even as they are held in disdain by many, the pay rate raises in this TA are significant. In all, a 21.45% increase in pay rates which will give a 767 Captain a raise of $1,486 a month based on 82 hours on July 1. On January 1 it becomes a raise of $2,706. Not insignificant amounts. These pay raises remain in place independent of any decrease in profits. These are conservative calculations. At 90 hours it is almost $3,000 a month more beginning in January. $4,400 more a month based on 90 hours by 2018. The above net gains assume profit will stay at 16% of W-2 after the profit sharing cut as profits increase - which everyone assumes they will (at this time). PS payout for 2/15/2016 is estimated to be 22%. So, 22% - 5.44% = 16.56%. Almost the same as last year. Also, if Delta adds employees and profit sharing does become diluted your pay is locked in with pay rates.

Also, if profits drop you are in fact protected by the increased pay rates.

Additionally, vacation and training pay increase. Per diem increases at the derided nickel rate which matches inflation almost perfectly. DCSP increases 1%. Think compound interest if you're young.

Much has been made of the net pay raises or lack thereof. In fact, after all profit sharing adjustments are made it is a pay raise of 5.34% a year [ (21.45% - 5.44%) / 3 ]. (In 2018 the profit sharing reduction after net pay raises reduces the trade to 5.14% from 5.74%. Therefore I calculate the net trade average over three years at 5.44%). An average net 5.34% net increase in pay is significant.

This contract is not that much different than C2012 in terms of money. C2012 was a net 17.7% increase and C2015 is a net 16.54% increase. About 1% difference. 16.54% on top of our previous contract is in sum worth more than the total pay increase last time. For example, $100 X 17.17% = $117.70 but $117.70 X 16.54% = $137.17. $1.77 more. I don't care how you slice it this TA is some serious coin. Just what everyone has been screaming for. Here it is.

For me $4,400 a month. $52,800 a year.

Let me guess. I shouldn't believe my lying eyes.

This plus increasing profit sharing will put us about 20% more than American. For those assuming we could easily obtain more than that may be living in fantasyland as has been stated by those on the NMB.