Originally Posted by
Jughead135
But what's the rush?
Those industry average rates (or better?) are a given for any contract going forward. They're not a "win."
Full retro in this TA could be considered a "win"; it's undeniably at risk if we turn down this contract. That we won't get it going forward isn't a given, but a real possibility to weigh & consider. The likely answer is somewhere in the middle: if negotiating full retro is impossible down the road, then some form of "signing bonus" would be likely. Probably appropriate to consider it "gone," though, for comparison purposes in a "what-if" scenario of voting down the TA.
Your approach is selling the SL changes (along with all the other badness; 3.B.4 & JV Scope top my list) for that retro check. Not "nothing"; but, I would argue, hardly worth it in the long run.
I think we turned down TA1 in July 2015. The next step is on Dec. 1. So in 16 months, we turned around some of the concessions. Let's round off the next TA on June 1 of 2018. If we repeated similar results, I would predict a lot of you no voters would still be a NO. NMB isn't going to release us. Happy New Year 2020! Still in mediation, 25% behind the industry. Sounds like the old USAir.
Unless you have a game plan, doesn't sound so good.