We might never see what the company offers. I can assume it will not be generous. They have a problem with all these 787's coming online and running out places to fly them, unless we acquiesce. I'm not sure I want to use that leverage for what they are offering to discuss.
As described on the UAL pilots forum the compensation must be "eye watering." The company is eager for this deal, it's going to cost them $. (Anyone remember what Tilton said when we asked for early contract negotiations?) We have future pay raises under the current contract which will cost the company $. The extension itself of the contract and delaying improvements in other areas will cost the company $. Relinquishing our leverage for a contract extension will cost the company $. We are negotiating wages that compared to our peers, are substandard. That will cost the company $.
Does anyone really think we are going to see $$$$$ worth of pay raises or contractual improvements?
Regarding the shiny new jets that the company can buy anytime, does that place any A319's or 737-700's in jeopardy? Does the company intend to grow the airline with a new fleet or will there be reductions to partially counterbalance the SNJ's?