So if I understand this correctly, TSA will sign an LOI for 100 jets that have not been made for a customer that does not exist, and that is an acceptable level of risk. On the other hand, we have a deal to secure flying for a 5 years of guaranteed income, but there is too much risk because of the 2 years at the end when they're not sure what to do with 22'ish EMB 145's? 100 fictitious airplanes, no customer, ok. 22 airplanes, actual customer, too risky? 96% strike vote, ok level of risk. Sign a new pilot contract for industry average pay and most likely more opportunities for the company, too risky?

You certainly can't say that this was cost prohibitive for Xjet, look at their pilot contract. If it helps you TSA, we'd be glad to take Xjet's contract so we can be more competitive in the future. Bad news Hulas, you're "leaders" just lost you a bunch of money, which we all know you like. How many times do they have to fail you before you decide to replace them with someone with at least a college education?