Originally Posted by
Check Essential
Some guys are not too happy that about 75% of the money in this deal is going to the Northwest pilots. That fact is going to generate some "no" votes among DAL pilots. I think it will still pass but it might be close. And 75% is probably conservative if you count retirement funding.
Bingo. There was zero "parity" in this proposal--the lion's share went to NWA.
With LOA 19, 3.5% equity is split 7,000 ways. I understand the new "deal" will split 3.5% 12,000 ways. Is that correct?
Tell you what, give me the 3.5% split 7,000 ways and LOA 19 raises, keep the insulting 2% DC increase in 4 years, and put me down as a HELL NO vote.
Wake me up when the goodies are split 50/50 between groups. Until then, I'm a "no."