Remember, it was all Doom and Gloom over at the Kalitta thread... until they got a new contract after YEARS of negotiations.

It's also Doom and Gloom over at the Atlas thread, ATI, ABX, etc.

Anyway, with no retro pay the company is rolling in money stretching this out as long as they want, by the time we do get a new contract it will, most likely, result in less total pay over the next 5 years than if the current offer was accepted. I agree that certain things (particularly related to travel) do need to be addressed and the Jumbo rates should apply to the Captains and FOs (not just the FOs). Furthermore, if classes continue to be filled and pilots continue making it to the line (NOV, FEB, MAR all succeeded in that) you won't be seeing the company sweetening it's offer. If they are, however, unable to fill the classes I don't see downsizing or liquidation in the cards. Rather, I believe they will first resort to extending everyone by 4 days per month/two month period while trying to get efficient with crew utilization (250 hours a year? There's a lot of efficiency to be found there alone). At that point it turns into a question of who blinks first.