Originally Posted by
ThumbsUp
Whether you think that or not, the company will not approve a CBP without the limits in the LOA. If this gets voted down, more concrete terms for the CBP will definitely be something to negotiate in the next UPA. It looks like we just weren’t explicit enough as to what we wanted. Not sure if Delta was, but we definitely were not.
From my understanding, there is no “wait & see if the IRS will approve something else option,” so if that’s your top issue (it’s mine). The CBP will likely be off the table this cycle.
It's just one of many issues I have with the rush job. It's not even affecting me as much as my FOs who now have to chose between funding their PRAP or using the $13,000 per year to maybe fund their kids 529 or paying down their mortgage, putting the money somewhere earning 10% in a brokerage account that they'll only pay 15% capital gains tax on, etc etc. The screwing over of the RHA for 2-3 years is another. Call me crazy but I believed ALPA when they told us in the roadshows for this contract that our MBCBP will be "just like DAL has". Well it's absolutely not in this LOA.
I'd personally prefer to get it right the first time vs all the permanent gives in this LOA.
But we all have a vote.