This is exactly why we need to reject any TA that represents half measures in terms of pay.
If you think management hasn’t crunched number to determine how many pilots they can lose vs how much they save with new hires minus training cost. They compare that savings to what it would cost them to raise wages, and as long as it pays to delay, that’s what they will do.
Classes are still being filled, and while it may very well be a short-sighted approach, it’s obvious they haven’t hit the number that triggers a panic offer. It’s not going to surprise me at all when their first proposal comes back substandard. It’s a chess move, we reject and they can scapegoat the greedy pilot group for not being able to offer more competitive terms to new hires…. They‘ll probably let Excargo write the press release!