Originally Posted by sailingfun

Because they would have simply done the merger without us and we would have received nothing. Pretty simple. This is the first time in history of the airline industries pilots have received something from a merger. DALPA thought outside the box and started setting this up two years ago. Also keep in mind the average pilot will get 80,000 in equity that can become instant cash. Add that into the hourly rates for the next 4 years and they don't look so bad. Also keep in mind that this is only a LOA to the current contract. We have to negotiate a joint contract for the combined pilot group. THis sets a nice floor to start those negotiations from. I bet CAL copies Dalpa playbook in their merger.