The contract with DAL has already been negotiated. ASA and SKW will get the flying that has been contracted. Our pay, whether it goes up or down, will only affect how much profit the company makes. And yes, it is true that there is a provision that we have to be the 2nd lowest cost in 5 years or so (would like to meet the genius that signed off on that). What the company isn't telling you is that if we are not the 2nd lowest cost, SKW still has first right of refusal. IOW, if we are not the 2nd lowest, they have the right to match whoever is before they would lose the flying. So, lets say that the 2nd lowest crew cost is $90/hour, and we are $95/hour. They would just take the extra $5 out of those record profits to match the deal and keep the flying.
And as far as the costs being on a level playing field, if you are talking about the numbers I think you are those are the ones reported to DOT, and they have to be put in a specific format. If they were not standard then each company could just report whatever it wanted to make their numbers look however they wanted.