I'm a SWA guy watching this with some interest...

Here's what I see from outside looking in:

* Your pay. Will you be able to look at your "Discount Fares, Not Discount Pilots" lanyards and believe you're no longer a "discount pilot"? Only you can answer that.

* Is there any reason for the company to stagger your 401k contributions in this fashion? That was one thing I was against with our contract here. We're at 14.2% now and will reach 15% in January 2019. In my opinion, there was absolutely ZERO reason for the company not to go straight to 15%. That was a pure discount for the company. Whether that's good enough, it's purely up to you.

* LTD is huge indeed. Do you maintain your health insurance with Spirit if you're out on LTD? Something to keep an eye on... the devil is in details. What good is LTD if your medical premiums aren't covered and you're dumped from your health insurance plan?

* PBS. Ugh... that alone would be a no vote from me without an otherwise industry-leading contract as that's generally a major concession and a win for the company. The devil is in details...

My final parting shot... don't get blinded by the numbers and don't fear the mediator. Remember, the mediator's job is to get you to an acceptable agreement. Only you can decide whether you consider this to be an acceptable agreement in today's environment. Aside from your counterparts at other airlines, think tax cuts, and the extra money that Spirit will be keeping as the result of the new tax law.

Congratulations on the AIP.