Originally Posted by
KnockKnock
cases 1 and 2 we get 4% which is below inflation. Thats a problem.
Forest for the trees. Think of what case 1 and 2 implies. You get 306, 318, and 331 while *everyone* else (except 1 legacy) are stuck at 285. Case 1 and 2, by definition, means you are industry leading if that's the case!
Case 3. those 2 airlines would have to have major increases in order to cancel out the bottom 2 for us to see a raise above 4%.
Ok, and then you get that higher raise. If not, you're right there at #3, still above the one remaining big 3 legacy and Southwest and jetBlue.
Case 4. Those 3 airlines still have to hit $340 to cancel out the 4th.
We shall see, wont we? And what if they don't hit 340? Say Delta hits 335 for 2024. Isn't that still good that we are 331 and they are 335? Gives us ammo for the next contract negotiations which will start then.
Case 5 is the only scenario where we might see an increase above $318 in '23.
Remember, this all has to happen in 11 months
it was designed to fail.
318 in 2023? You mean 331.
Keep in mind, if this TA goes through then 306 was already done Sept 1 of this year. 318 would be 11 months away (2023), and 331 would be 1 yr, 11 months away (2024).
What's the likeliness and timeline of the other 5 carriers getting their contracts done anytime soon? I see this TA as being a solid improvement that lets us ride whatever the heck it is this economy is going to become for the next 12-18 months.