I didn't read anything in his letter that lead me to believe a deal is imminent. It said DALPA is exploring the possibility of an accelerated/condensed process, and that we should know soon(ish) whether it might work or not.

There have been what, maybe 2-3 negotiating sessions with DALPA and mgmt? There is just no way a TA or even an AIP is "close." I think any clarity on whether this gambit is viable is at least 3-4 weeks away. Let's wind the clock and prepare for the eventuality that mgmt will turn this opportunity into sh!t, just like everything else they've touched recently.


Personally, I'm planning on a normal negotiating cycle, and will be shocked if there's a good deal in the next few weeks. Mgmt will find a way to dick it up.