A comment and a question.
Comment: Let's all keep in mind that hourly wage is not the end all to compensation. Some things may be pretty good (vacation trip touch and ability to downward adjust ones schedule) and some things just awful (insurance and retirement come to mind).
Question: On this forum, I hear a lot of discussion about who are our peers that we are 'going into the pattern' with. What we think doesn't matter much. What does the negotiating committee think? Do they think the peers are ULCC and LCC or do they also include Legacy carriers and cargo (Fedex and UPS) carriers?
And on a personal note, I agree with those that think it's about flying an aircraft with 230 souls on board regardless of what the company has chosen for their marketing strategy. If anything, a lower cost per available seat mile should indicate a higher profit margin which should allow the Company to pay higher wages to all employee groups across the board. It's trickle down economics in microcosm! Right? LOL