This is what ALPA got for Frontier Pilots recently:
According to the agreement worked out with their union leaders, the pilots agreed to accept delayed pay increases, reduced company contributions to their 401(k) plan, reduced vacation and sick days, and an extension of their collective bargaining agreement by two years.
In exchange, the pilots union would get "an equity stake in Frontier," Republic said in a filing Friday with the Securities and Exchange Commission. It did not say how large a stake.
Read more: Frontier Airlines agrees to give pilots an ownership stake | Kansas City Business Journal
LOL, wait a minute, ALPA is only a group of advisors. It was the local reps that sold them out, LOL... The JBLU PVC was within reach of our 5 documents being sent to pilots for a vote-- provisions that were going to improve our contracts and possibly the strongest M & A language out there. But no, ALPA steps in and blows it down the tubes. Good job guys! Oh yeah, in a letter to our pilots, our JAOC explains how we're on a "road to a new way of labor relationship"-- really? We go ALPA, we go down the old road guys, the proven disfunctional way of labor... Come on, stop blowing that smoke!!!