Any "Latest & Greatest" about Delta?
That just proves great minds think alike!
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
All right off my play list---Awesome
That just proves great minds think alike!
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
I said the same thing on training and am especially interested in hiding pay increases from the other employee groups and Wall Street.
I went on to say, I don't care if the company feels they have to give whatever we negotiate to the other groups. That's not our problem. Each group should get what THEY negotiate.
That is the problem. It has been leaking because too many pilots have been spending their time resting on the work of past generations, not because if cannot get fixed. It may take more work that it would have taken a few years ago, but that is the cost of going to the Lake versus doing your part. I can also guarantee you that fixing the "leak" is a hell of a lot cheaper than tearing down the house, getting new permits, inspections, a builder you can trust, and rebuilding it. No one ever appreciates the cost and headache of new construction until after they have lived it. It is also true that once the last nail is put in and you get a OC, there is invariably something that is not perfect and makes you desire to build a new house again. It is plain moronic.
Gets Weekends Off
Joined APC: Jul 2010
Posts: 432
That just proves great minds think alike!
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
A few more things came to mind:
CQ? (the home school part) 6 hours. (it takes me 8 at home!)
Sim CQ? 6 hours.
It's a 6hr. period, why are we only paid 3:15?
Initial training? 80hrs. per month, 15 days max per month. (ie. they can't put you in the school house/sim for more than 15 days/mo, and they must pay you 80 or a pro-rated amount for a shorter month)
Medical? Zero cost, Zero deductibles.
Retirement? Fill up our 401K's to the maximum extent the law allows every year, plus some extra for mom and the kids.
There are lots of ways we can say "FUPM" without having to tell Wall Street, Uncle Sam and the Non-Contract people we got a 70% raise. And a lot of the -other- stuff is tax free (for now!) vs. a huge pay rate raise, which Uncle will clip 35% right off the top.
Good ideas guys! I'm glad we have some smart pilots here because I sure didn't think of many specifics like these to list on my survey.
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Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Oct. 4 (Bloomberg) -- Airline profits forecast to total $28 billion in the three years through 2012 may be unsustainable as over-capacity and looming regulatory costs weigh on margins, the head of the IATA industry association said.
Airlines will generate net income equal to 0.8 percent of revenue next year, a margin that may shrink further if economic growth slows to less than 2.4 percent, Tony Tyler, chief executive officer of the International Air Transport Association since July 1, said in an interview in London.
Airlines Mired in Crisis' as Margins Shrink, IATA CEO Says - BusinessWeek
Airlines will generate net income equal to 0.8 percent of revenue next year, a margin that may shrink further if economic growth slows to less than 2.4 percent, Tony Tyler, chief executive officer of the International Air Transport Association since July 1, said in an interview in London.
Airlines Mired in Crisis' as Margins Shrink, IATA CEO Says - BusinessWeek
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
There never has been over or under capacity, just under revenue.
Unfortunately if you cut capacity to fix revenue you end up in a zero-sum game: A low margin business with reduced volume (capacity) means already low margin is further reduced.
For contract time we will hear all about how CASM is up, RASM is down, etc.
Let's keep in mind the DAL pilot portion of CASM is 30% less than the WN pilot portion of CASM. Pilot pay is not what is driving up cost...
Cheers
George
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Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Not investment advice, do your own due diligence, you are responsible for your own actions.
That said and I hope I'm right. The Bernanke just finished talking and quite eloquently I must say. Clearly he put responsibility in the lap of the government. While he was talking, the market was slightly buoyed, bear market rally. Dead cat bounce for the laymen.
I'm not recommending that anyone does anything, but I like TZA at this point, maybe for the next week.
Anyone else got an opinion?
DYODD, not investment advice.
That said and I hope I'm right. The Bernanke just finished talking and quite eloquently I must say. Clearly he put responsibility in the lap of the government. While he was talking, the market was slightly buoyed, bear market rally. Dead cat bounce for the laymen.
I'm not recommending that anyone does anything, but I like TZA at this point, maybe for the next week.
Anyone else got an opinion?
DYODD, not investment advice.
I'm not smart enough to day trade so I gotta surf the long term trends.
Gets Weekends Off
Joined APC: Dec 2005
Posts: 8,898
Where's that Delta hiring spree that was suppose to come?
Gets Weekends Off
Joined APC: Jan 2008
Posts: 201
Off topic but planning a pop up trip to Barcelona next week. Anyone know any hotel deals in BCN.
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