Originally Posted by
Ed Force One
I disagree. If the deal falls through, doesn't it become *amendable* in 2 years? Then it's back to the status quo, turning it into a 4, 5, or 6 year contract.
Even more likely: If it falls through, NK merges with F9 after all and we spend 3 years negotiating and end up with "Spirit plus one" which is what F9 currently has. (Contract 2018 rates.)
If the deal falls through we enter section 6 “ immediately upon the abandonment of the Spirit/JetBlue merger transaction”
If it doesn’t fall through and we are still working through the merger we will enter section 6 October 2024.
If the merger is approved we enter JCBA before October 2024.
So it is a short term deal. We either enter section 6 in 19 months or immediately if the JBLU deal falls apart.
A full fledged section 6 if the merger fails always takes some time, just as 2018 and 2010 took a long time. Even more reason why it’s beneficial we voted this in, that’s years at higher 2023 rates vs 2018 rates. Six figures difference for each pilot.
Meanwhile UAL is approaching a year for their TA2. UAL is much more profitable that we are. I’m very glad 69% of us went opposite of Lincoln and voted yes.