Originally Posted by
hvydvr
Well the snap-up will be worthless because there is nothing here to pattern off of.
Unless I'm reading it wrong... snap up at DOS+2 only.
Pay Adjustments
1. If, on Date of Signing plus two years (DOS +2), Delta Airlines and United Airlines have both received increases in their respective pilot pay rates, then the American Airlines pilot pay rates will be compared and, if lower than the average of the pay rates in place at Delta Airlines and United Airlines on a weighted basis, will be adjusted up to the average; however, if only one of either Delta Airlines or United Airlines have increased pilot pay rates, then the American Airlines pilot pay rates will be compared and, if lower than the higher of the pay rates in place at Delta Airlines or United Airlines on a weighted basis, will be adjusted up to the higher of Delta Airlines or United Airlines, as applicable. In either case, the wage adjustment shall not exceed three percent (3%) of the DOS +2 pay rates. Aircraft weighting will be based on the operating fleet counts in the Company’s most recent SEC filing at that time.