Originally Posted by
Thrust Hold
Just wondering where those numbers came from.
TA Executive Summary had it similar, but different:
"The TA released today for your consideration achieves that goal. We attained an industry leading agreement that is valued at $3.8 billion. The negotiated value of this TA makes it the single largest contract ever bargained at our property and surpasses the total (inflation adjusted) value of all three of our ALPA contracts combined. The duration is 4.5 years with a 150-day opening window. The chart below illustrates this comparison to our previous contracts:
On a per pilot basis, this TA has the highest value achieved among major carriers in the last twenty years. Valued over four years, our TA is approximately worth $609,000 per pilot. Based on public information, the American Airlines AIP is approximately worth $526,000 per pilot and the Delta Agreement is approximately worth $480,000 per pilot."
OK. So I rounded off and used numbers that I tried to remember from the roadshow instead of looking them up. My bad. Those numbers come from the actuarial people that work for Alpa. The same people at ALPA cost every ALPA contract and for non alpa carriers, AA and SWA they hire Alpa to do there costing because it is the gold standard.
Those numbers are not just made up by Pat May just to look good. That is the value to us as pilots. I can't say this enough, our MEC just chose to spend the money in the wrong place.