He’s likely using the fuzzy ALPA math that used the pension increase to bump the valuation of TA1 up but then also said “we didn’t subtract taking away the pension plan for new hires from the value of the TA because it’s too difficult”

How is it easy to assign a value to an increase in pension that they didn’t even know how many pilots would take but at the same time have it be too difficult to assign a value to the same pension that they know exactly zero pilots would be getting? If anything, calculating the second number should be easier, not more difficult.