Decent email out from C44 this morning. Here’s the part I appreciated the most:

“Regarding compensation, we have repeatedly, and unequivocally, made two particular points since we took office:

1. It is non-negotiable that the Delta pilots will be made whole from inflation, and
2. The Company cannot be financially incentivized to delay a contract beyond the amendable date.

Regardless of other items within the economics package, their Section 3 compensation proposal fails to achieve either of the above. From our perspective, any proposal that falls short of inflation or fails to achieve retro pay back to the amendable date implies our executives believe they can get away with reducing our standard of living or enjoying a windfall by delaying a contract beyond the amendable date and anytime a pilot drops off of our seniority list due to mandatory retirement.”