Here is a quoted statement from the no voters joint letter on the cost of the contract. No where is cost neutral mentioned and they saw all the costing.
This TA does provide industry-leading pay rates and profit sharing, along with a number of work rule improvements. It increases the value of the PWA by a minimum of $1.1B over its three-and-one-half-year term, depending upon Delta’s profitability. However, we believe that it falls short of the overall value that the current market provides us leverage to command, and that it contains certain concessionary provisions that are simply not acceptable to the pilot group, or that may have unknown ramifications and/or onerous consequences.
02-20-2023
AIRLINE
