Originally Posted by
sailingfun
He will pay a bit over Delta, 5% however in a major cost area is huge in the business world.
Again, he won’t
pay 5% over Delta because of their snap-up. Exceeding their current rates by 5% would still put us at parity. If he really wants to go for the title of industry-best pay, he could include a second snap-up, or outpace them in later years of the contract, but expect anything like that to be nominal- to the tune of 1%. Either way, understand there’s a big difference between how much we exceed Delta’s current contract rates by & the actual net difference in rates once all equalizing factors came into play.