In today's HR environment, with the worsening Pilot Shortage, it doesn't matter how many "gains" you get in a new contract, or how much better it is than the old one. If it is about Industry Standard, then you will do OK. But, if it's substantially below Industry Standard, you will have a very, very difficult time recruiting and retaining pilots, and your aviation organization will shrink.

Allegiant got a 47% increase in Total Compensation, according to their Sr. Mgmt. Initially, it helped with their hiring situation. But, their contract was not Industry Standard, and now they are back to about the same poor hiring situation they were in when they signed their contract, according to their pilots that I talked to. Sun Country may be in a similar situation right now.