Running the numbers on a new SWA contract versus a later-than-earliest-upgrade career track at Delta, we need in the neighborhood of a 40% DOS raise followed by three 5% annual raises just to match Delta over 30 years. We need more than that to match them over shorter time periods.

When you consider that we fly 83% more departures, 63% more passengers, and 24% more block hours than Delta, to achieve a premium on them for the additional risk and liability we assume requires an even larger contractual pay rate increase than 40/5/5/5.

For your polling purposes, 40/5/5/5 gets us to right below $400/TFP. Achieving a 25% premium on Delta over 30 years to reflect our additional risk and liability requires more than a 70% DOS raise, followed by 5/5/5. That puts our final 12-yr CA rate at $486/TFP.