Self Funding Explained For Dummies
 

Here you go Sailing. This is why United's TA helps us a great deal.

They made no concessions. I know this makes Mike Hanson cry, but that is life in the real world.

from UA MEC Pro Paper:

This extension provides in excess of $1.1 Billion for the United pilots over the next three years in pay rates alone. This does not include any additional compensation or added value associated with other provisions in the tentative agreement. The pay increases by themselves are worth approximately $150 million more, over a three year period, than the value of the entire tentative contract agreement rejected by the Delta pilots over the summer.
You will no doubt hear from those against our TA that our proposed pay rate increases are below the rates from that failed Delta TA. However, the failed Delta TA rates were propped up because they converted a portion of their profit sharing into 5.74% in higher pay rates. We had no interest in reducing our profit sharing in this current environment, and our TA does not change the UPA profit sharing formula.
when making an apples-to-apples comparison, without including the extra 5.74% due to Delta’s monetization of their profit sharing, our TA rates easily exceed the failed Delta TA rates.
Delta’s latest proposed raises, if achieved, would directly benefit us due to the “Snap Up” provision incorporated into our TA. On top of the raises we have already negotiated in this agreement, the proposed Delta raises would trigger additional “Snap Up” raises of 7.96%, 4% and 5% for United pilots on the second bid period following Delta’s Date Of Signing (DOS), 1/1/17 and 1/1/18, respectively so that our total increases match Delta’s increases (39.68%) as shown in the chart below using Feb 2016 as the DOS.
Pattern bargaining has worked successfully in the past. One airline sets the bar higher and the next pilot group piggybacks on that work. United pilots have an opportunity today to raise the bar with this TA and move past American Airlines, setting the new standard. Delta can then use our increases to move that floor even higher, and if they do we will benefit in two ways: Our pay will Snap Up to match Delta and we will be able to start our next Section 6 negotiations in 2018 level with Delta. This is exactly what our tentative agreement was meant to do.

^^^^^^^^^^^^^^^ amen!!!!!

yup. While I don't love what United did (they had a lot of problems they needed fixing and deferred them til 2018), they did not take concessions. They even billed the union negotiating expenses to the company instead of using ALPA dues! That's a good step in the right direction I guess.

Think of this. Operating costs are one of the big advantages Delta has over United. Delta management now has the ability to raise operating costs at United Airlines by as much as they want by giving Delta pilots a raise (it has to be more than 20% over next 4 years, and must be implemented by Jan 1, '18). And if it is offset by profit sharing reduction, it doesn't count.

At the very least, they can't argue that there will be a cost disparity between pilot groups.

So, AIM HIGH DELTA PILOTS!!!:)

Self Funding Explained For Dummies
 

Aim very high. Lol