Let's take a step back and see what is going on. We have ALPA, Delta and United have ALPA. We have an A Plan, neither Delta nor United do. We suddenly meet this guy who has a great deal for us that isn't really an A plan, but something new. Maybe Delta and United would like something new...hmm. How about we (ALPA National) get Fedex to **** away their A Plan and try this new thing out. If it works, we get it for Delta and United. If not, oh well.
We are stupid for even thinking of getting rid of a guaranteed payout! We do nothing, take no risks, and we get paid! Yes, I know it is decreasing in value, but that is what the B Plan is for. Why are we not burning down the house for cash over cap and more B Plan? Who is driving this bus?