It's a loan repayment from 2020, 2021 and 2022 when the company was underpaying pilots. IDK how our CFO codes it. The total debt due may seem staggering to a W-2 employee, it's a market adjustment to operating expenses for Delta Air Lines. The total retro ask of 12,5,5 is in the 1.5-2B range or 1.5% of our historical annual revenue for three years. Again, the retro ask outlined is repayment of debt incurred by DAL for underpaying pilots in 2020, 2021 and 2022. Expecting 50%+1 of the pilot group to vote accordingly is reasonable.

The other interesting point is when three years of back wages are aggregated, it seems like a massive number. One year at a time is no big deal. Take this concept into your investing, position for inflation and when you look back over a decade you will be amazed. At the risk of going fully off topic, I'll stop here.