About the environment we were in. All we had was AMR going ~7% higher, with no PS.

I'm not saying that the "On-Time, On-Target" TA1 was on target, but the vote was decisive, and it gave other airlines an idea of what not to do. TA was the industry reset. Before TA1, FedEx, UPS, SWA were years into their negotiations, with not much to chow for their efforts. TA1, for all its' flaws, was an expression of the democratic process, and the beauty of that process is that it re-drew the market.