For how many years will this contract offer last? Because one of the reasons why the pilots have rejected their proposal was due to the 8-year term of the contract.
Duration 6 years. Early openers for next contract anytime after the completion of 4 years.
Many FA no votes were partly based on the 6 year duration.
The overwhelming reason many voted no was they thought it would send a no confidence vote to creditors and analysts with AA management.
The yes voters primarily voted yes to try to salvage what they could of their contract and hopefully make it easier for a merger which could possibly get rid of AA management.