I think some are underestimating what the company will want in exchange for some cash now and some planes later.

Along with relaxation in the long haul duty day, I smell TWO pilots doing EU flying from both EWR and IAD. After all, that how it was done at LCAL and today's UA resembles LCAL more than it does LUAL. After all, we will have relaxed our position on fatigue issues. And if they could secure that, forget about upgrades for several years. They would instantly be overstaffed. They'll come in with a long wish list and we'll beat our chests and make them capitulate on one or two so we can assuage our "brain surgeon" egos and talk tough in ops, but we'll eventually agree to the rest. And since those the items they REALLY wanted anyway, they win. Again.

I would also expect them attempt to significantly dilute profit sharing. Its been said here forever, they think long term while we think about next year. We are truly our own worst enemies. For example, I laugh now when I read all the complaining about reserve abuse when we HANDED it to them in the current agreement because of how well we were played during the whipsaw days.

And in a few years, after we've given away work rules and QOL items (in exchange for an increase in hourly pay), they'll come after the "cushy" hourly rates (which WE paid for) during the next economic downturn. Why? "because we gotta save the company!"

Pessimistic as always, James.