This is correct, AA is not Delta, Delta makes more money and has less unions 100% true statement.

They make that claim because they don’t want to be compared against Delta’s margins when it’s time for their bonuses, because they see Delta as a different animal.

They also are saying things in the AIP will cost AA differently than Delta. He said they have an Atlanta centric operation making reassignment pay have a different cost.

Delta’s AIP is reported to cost 7B, if AA copies if word for word could cost them 6B could be 8B. They are different companies. He is not going to give APA the Delta AIP word for word if it will cost AA 20% more.

There gonna match the raises and squabble about the value of the other changes to total out at 7B. Both sides will lie about those cost changes but are gonna have to be honest enough to get a deal done.

If you want it word for word and it’s more expensive for AA your just gonna to vote no and watch Delta make 18 then 23% more than you, until AA pays down more debt, makes more money, or United announces a deal.

Delta generates 50B a year with 12k pilots and 400 RJs, AA generates 50B a year with 15k pilots and 600 RJs.