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I agree. Its a good first effort.Disappointing, but you'll have another chance in a year. I have a feeling that this will go just like the Colgan votes. Management makes a lot of empty promises, a bunch of the pilots don't vote because they want to "give the company one more chance to fix things," things don't change, and then the union vote comes in big next time.
Don't lose the faith, guys. There's always next year.
Here's my $.02 given my many years in the airline business: I think you guys made a TERRIBLE mistake. You had a chance and you blew it again.
You need leverage nowadays. How did Southwest get raises during one of the worst recessions in history? How did Netjets get the leading pay/benefits package in the fractional industry by a huge margin? You need collective bargaining to protect your interests and to ensure you are not played with by management. It's called bargaining leverage... I guess your former Eastern scab pilots won again.
Herculean mistake. Don't complain now that you've made your bed - you need to sleep in it.