Went to the road show yesterday and it confirmed a lot of what I understand about this TA from my reading. This agreement will give me less ability to take time off from this job every year and be detrimental to my bidding every month. There is very little monetary gain in it for me and a lot for other parts of the pilot group to offset the loss of time off and flexibility. My 3 reasons:

Removal of 75% of OE pairing need by the company from the FO bid pack every month. I know many people think that there are just a few FOs buddy bidding check airmen and either double dipping or getting paid to do nothing all month. That has not been the case in my experience. I was able to get a multi day CKA trip bought at least every other month from about 45% seniority in base and seat on up. this has amounted to 60-100 hours per year for the last several years. This was without aggressively bidding with every single CKA. it was just adding that to the bottom of my bid. That's a significant amount of time off or ability to increase credit for a large group of FO's, not a handful. Setting aside the idea of getting a trip bought, my main issue with removing the pairings is that I wont get to bid on the full bid package. If Joe Blow CKA decides he wants to do the 4 day with a 30 hour layover at my blue city, I now miss out on getting to bid a great trip for me. Every month the captain bids will close and crew services will have to go and manually pull out the pairings they want to remove. They'll then send out and email with the removed pairings and every single FO that has anything more than a generic bid will have to go in and check their bid and/or update it manually. I believe this will happen within 48-24 hours of bid closing, leaning toward the latter in busy months.

The $50million signing bonus is not retro pay. It is not compensation for a 12 year captain's perceived "injustices". Signing bonuses in contracts in all industries are there as an incentive to sign a contract that is less than stellar long term. An up front infusion of cash appeals to human nature and gets them on board. So this bonus is an incentive to vote yes. It should have been distributed evenly. To pay a 12yr pilot more than 10 times what a 1 year pilot gets to vote yes is asinine. The council has de-incentivized the bottom half of this seniority list to vote yes while over compensating the top 1/3 who are topped out. The disparity is simply too much.

The PTO system is far less flexible and worth less than what we have today. I'm not going to address premium sellback because I didn't use it. I use my PTO for time off. A 6 year pilot currently accrues 126 hours of PTO a year. If they take 2 weeks of vacation, 49 hours is debited from their account leaving 77 hours left over for sick/PTO/sellback/more vacation. Under the proposed system that same pilot would be REQUIRED to take two weeks of vacation and only have 72 hours left over for the aforementioned uses. 5 hours less. At the same time, that pilot may no longer call in sick unpaid down to the minimum. If they are ever sick, or have a family emergency they MUST burn PTO. There wont be much left over to use for any other purpose. The NC claim that you'll be able to use that 72 hour PTO bank to bid additional vacation if you want. This is untrue for the vast majority of pilots. The company only has to allot the VPTO bank for all the pilots, and because its required for everyone to take it, there simply wont be any significant number of extra weeks left for anyone to pick up. You'll wait and hope for someone to be fired/quit/change bases/die so that you can get another week. They claim all these changes were necessary in order to gain vacation allotment that is second best in the industry. They claim that desirable vacation weeks(Christmas/Thanksgiving/June, July, August) will be available to significantly lower seniority in each seat than before. My math shows that any of those vacation weeks wont fall below the top 25-30% in base/seat. That is not significantly lower than today. It is a bad trade that everyone should get less time off so that a few more still senior pilots can have vacation in a month where they could already bid off a week if they want it.

For these reasons this TA is unacceptable to me.