Lowecur, you usually have pretty decent financial understandings of this industry, but lack industry experience to put events into perspective.
Blue had no choice but to expand quickly, otherwise they would have been stuck in the same boat that Midwest is in: great product, no national name brand recognition.
Now they have better brand recognition than airTran which has been around a lot longer, they have a great product, fuel prices have stabilized and will either stay the same or go down slightly (in case you haven't been watching oil lately which you probably have and already know). With increasing yields they are poised to make a good profit this year and an excellent profit next year.
So no, I don't blame the 'Blue pilots for wanting to enter the new year on decent financial ground.
It's WRONG that the 320 guys haven't received a COLA raise in years (longevity only).
It's WRONG that the E190 pay scale on the CA side tops out around the same range as a 717 F/O at AAI and airTran's pay scale is 6 years old. Almost identical seating,,,?
About the only people who benefit here are the 190 F/O's, and I do believe that it was done ONLY to try to stem the bleeding that's about to take place. Those F/O's mostly came from other regionals where they were CA's and Check Airmen, have LOTS of experience, and will be PERFECT candidates when DAL and NWA start hiring this year (If you'd go to NWA, but that's another subject), not to mention CAL, SWA, FDX, and UPS already hiring.
These smaller LCC's just don't get it about compensating their pilot groups fairly or they'll leave to someone who will. Do you have ANY idea how much money that is? Multiplied by HOW many pilots will leave? Mostly junior guys so it doesn't help reduce upper-level compensation.
Incidentally, I agree that ALPA or IBT would probably be the best way to go for you guys. No SCOPE issues and a large war chest. I wouldn't want ALPA here, but that's simply because we are already established in-house with financial reserves to back it.
You guys are in for a long road. Good luck to ya'!