Let's make this real simple:

1) DL + NW = $2B in synergies (their number)
2) DL + NW pilot groups made this merger smooth as silk for the companies
3) DL pilots alone gave $1.3B in annual concessions. I don't know the exact NW number.
4) Give us $1B and the company keeps $1B. Sounds fair. Quick math in public $1B / 12000 pilots = $83k / pilot in annual contractual improvements. I can live on that.

BD