As a member of the Delta pilot group, we are watching this very carefully. I haven’t seen the particulars of the TA but pay seems to fall way short. The 14% is a good starting point. A decent contract (not great) in my eyes would be:
Immediate 14% raise retro to (insert date here)
5% OR inflation rate + 2%, whichever is greater, annual increases.
I can only dream that we at Delta can match other provisions in your current contract (DH, premium pay, crew meals, etc.). I don't hold much hope that we will achieve this.
We are in a unique environment to make some major gains and should not set our objectives low. If we use decent pattern-based bargaining across the industry, these costs will be passed on to the customer without leaving any carrier at a cost disadvantage. Air fares are up over 30% and the PAX are not even blinking and eye.
Good luck guys. If I were voting on your TA it would be solid NO.