According to a Rep I am in contact with who asked about it:
If negotiations aren't officially opened by February 2nd then both the Purple and Light Blue books automatically go into a 1 year extension (something about 150 days prior to expiration being an automatic trigger). And
allegedly NATCA doesn't want to open up negotiations because they think they will lose more than they will gain.
If that's true, I'll just be speechless at their fecklessness more than anything.
Although, if the auto-extension occurs and ya'll can get
jdatc in there to straighten things out a bit... who knows.