Originally Posted by FangsF15

The rate you quoted AA for is for a Group V aircraft. AA does not have any group V aircraft. So exactly no one at AA has a higher rate than DL. The DL snap up is limited to aircraft actually flown on property. The aircraft AA does have match DL’s top rate to the penny. Thus, no snap up at DL.

To your question about the post-amendable 3%…. It’s a risk because the company could drag things out longer, placating just enough people with 3% that they don’t end up paying the 8 or 10 or 14% they otherwise would. Even if they end up paying retro, there is no retro on QOL improvements, or vacation, or….

If you trust management to get a strong contract quickly, it’s a decent hedge. But if you don’t trust them, and think they might take 2-3 or even 4 years to get a contract, it actually disincentivizes the company to deal quickly. Thus, the risk.