I haven't had a chance to read all of the details of the new plan, so I'm sure there are factors that I'm not considering, but just going off of the numbers in the company memo, this is how I understand it: Under the CDHP, premiums for a family would be about $1980 a year less than the PPO. So if you have to max out or exceed the deductible of $2400, you would lose about $420 a year. With the $1000 contribution from the company in 2010 and 2011, you would actually gain about $580 a year, even if you have to max out the deductible. Am I looking at this wrong?

I agree the company should continue to offer the PPO. From 2012 on, after the company contribution goes away, the new plan could cause employees to pay more.
According to Chapter 28 of our contract:

28. INSURANCE
A. Insurance Benefits
1. All Insurance benefits (e.g., life, dependent life, medical,
long-term disability, dental, loss of license, etc.) that are
presently offered to the pilots, or hereinafter made available
to Company employees, will continue to be offered
and will be made available on the same terms to the pilots.
If any improvements or additions in the current policies are
offered to other employee groups within the Company, the
same improvements or additions will be offered to the
pilots.

How does the company get around this section of the contract? What is the union's stance?