My post explaining the time value of money was just that, an explanation. It is nothing to be afraid of, but always something to consider, and to not consider it is foolish.

That said, I also explained that a shortfall equating to $15/hr whether in actual money or work rule value would almost certainly be worth fighting for because as long as the renegotiation takes less than a year it would still be worth it. Things to take note of are the length of the contract and % of lost wages of the signing bonus. The shorter the contract duration the lower value and increase would have over that time period and higher % reduces the value of returning to the table as there is less upward movement available there.

All it means is, look at the package. How close is it to what you want? Its not going to be what you want, I want 75 hr guarantee with 1 turn per month at $1,000/hr. Thats not going to happen...this isn't to say set yourself up for disappointment, just learn what our peers actually have. How do we compare? We MUST be leading in some areas, but you would then expect to fall just a touch short somewhere else. JetBlue's is decent, but its not Delta or United. I could guarantee there will be areas that we will not like. The questions will be how much are those parts worth, how much do the good parts make up for them, and how long might it take to fix what we don't like. Again based on my previous talks with our NC, I feel they did understand this time value, I don't believe they would send us something that is junk.

Read the TA in its entirety when we get it. Decide if it is worth it to you. If we can do better and get it done within a reasonable amount of time (another year or two) then by all means lets vote it down.