Originally Posted by
Chowdah
That is exactly right. Anybody who thought that 5% was somehow going to be protected or not considered in section 6 was naive… and I personally was a supporter of the LoA (and was in the upper end of the middle-third).
It appears we are in very good hands and will not be given a subpar TUMI 1+ to vote on.
If this goes to the NMB they will see it this way too. They will analyze how the total cost of the Delta agreement compares to our potential deal and not be concerned how we got here. The 5% will be lost in the shuffle and our deal will be on par with what Delta set as the new industry standard. We’ll get a say in how the pie is divided, but expecting a significantly bigger pie than Delta isn’t realistic, not even in this market.