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Old 02-21-2012, 08:36 AM
  #89881  
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Originally Posted by DAL 88 Driver View Post

I could go on with my "rant"... but today is trade day for the investment method I use and I've got to get on with that.

We aren't going to agree on this. Your mind is made up and so is mine.
I would like to know more about Snider without going to the class. Not trying to be a cheapskate, but I think I figured it out without buying her stuff, but I would like to compare. I am doing pretty well with Puts/Calls for generating cash flow, and if my supposition is correct, that is the goal of her method. It seems to work pretty well in the sideways market we are in, but I do wonder how it would work in a stampede bull or bear...

And you are right about the other stuff.. you and I aren't gonna agree. I will support the MEC from here on though. I only hope you can say the same.
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Old 02-21-2012, 08:36 AM
  #89882  
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Originally Posted by tsquare View Post
What survey? Seriously.
A phone survey. It was explained in the Friday Code A Phone from the MEC.
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Old 02-21-2012, 08:36 AM
  #89883  
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Originally Posted by tsquare View Post
No reason to get snotty
That's rich coming from you!

If there is one person that consistently pounds his chest here telling off everybody else, it would be a tie between you and carl ;-)

I sign my name under my posts instead of hiding, WYSIWYG, I sure hope you have a different personality in the jet!

Cheers
George
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Old 02-21-2012, 08:39 AM
  #89884  
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Originally Posted by Bucking Bar View Post
FINALLY! Someone writes the correct question!!!!!

George, that is the question we need to ask when engineering scope language. Scope has to be built for disasters, knowing that economic duress will place our contract under stress. Just as buildings codes assume earthquakes, fires, floods and storm.

The much ballyhoo's Contract 2000 included a number of block hour ratio provisions, limits on the operation of DCI aircraft and competing aircraft. People forget that these scope provisions failed nearly immediately after Contract 2000 was in force. I've got to get out some old dusty notes, but I think we gave up what today we would call "production balance" within 60 days of the contract's effective date. Regardless of whether it was 60 days, or 600, we all know what happened; Delta went from 90+% of its departures to somewhere around 40%. I think we can agree that when tested by economic stress, our scope sustained a structural failure.

Next question ... "why'd we do that?"

Pilots need to understand why we outsource. We outsource our flying in the hope Delta will make more money, some portion of which will be paid to us. ALPA partners with management in outsourcing our work (and lets not kid ourselves, the DPA would do the same).

When times get tough, the Company needs more money, desperately. The last thing they'll do is sever their profitable outsourcing strategy. The union's history shows their agreement when the Company is in dire straights. They'll write "better to save all pilots rather than saving a few."

The model then falls into traps of greed and fear. In good times we want more money funded by outsourcing, in bad times we want to avoid the whole outfit going out of business. That is why we now shrink in good times and bad. We are decoupled from the real performance of our airline.

The only long term answer is unity. We must perform our own flying and take the ups and downs with our Company.
Good analysis. The real question is how do you repair the structure (good word btw) of the scope provision?
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Old 02-21-2012, 08:40 AM
  #89885  
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Originally Posted by tsquare View Post
What the hell is going on with DAL stock today.... dayam!
Oil, the new excuse is that with the Euro debt crisis averted, oil goes up because the Euro economy improves...
Where the metric fails is that when the Euro zone economy falters so do the shares of the international carrier that serve it.

And for all you guys with your drilling mantra, my backyard faces the third largest oilfield in the US and they are drilling like it's going out of style. Oil prices are mostly decoupled from traditional supply and demand fundamentals and are mostly linked to fear and speculation...

On the other hand, Delta has figured out how to pass along the fuel cost in ticket prices, so economic growth in Europe should bode well for us...short term stock hit aside.

Cheers
George
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Old 02-21-2012, 08:40 AM
  #89886  
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Originally Posted by Bucking Bar View Post
We know what happens to airplanes on the "back side of the power curve," right? The next maneuver in the syllabus is "stall recovery" as the power needed to maintain flight quickly and sharply exceeds what is available. The airplane will descend uncontrollably or depart controlled flight all together.

I'd submit we should maintain no less than V2+15. To climb requires excess airspeed.

I'll also submit that our next management team will be critical of this management team lack of interest in our airline.
You assume that the next leader will not come from this team. If that is the case and or the board makeup does not change, the profits they are making are more than acceeptable. A management team's view of the future is a lot different than those that are married to an airline for 20, 30, 40 years.
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Old 02-21-2012, 08:41 AM
  #89887  
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Originally Posted by tsquare View Post
Interesting. What do you mean by "conniption"? Do you mean how they would react if we were to walk in with the SWA contract in hand and say "we demand this?" I would not call the reaction to that a "conniption". THe reaction would probably be something more akin to stifled laughter and quiet celebration in the knowledge that that ain't gonna happen, and then they would have us at BK wages and work rules for the forseeable future. See: AMR
T, how long do you think DAL management would put up with pilot labor unrest and refusal to sign a poor TA? At what point would the NMB get involved, if ever? Are pilot strikes a viable tool today? I wasn't there obviously, but I had read that Delta pilots threatened to strike in April 2000...a week before the strike, management agreed to the pilots' terms.

Can you imagine the increase in mainline pilot requirements if we had SWAPA's scope clause?
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Old 02-21-2012, 08:43 AM
  #89888  
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Originally Posted by Carl Spackler View Post
Bingo. Management/DALPA thinks we are afraid of risk. If we prove to them that we are, they win.

Carl
Read what the article says about being risk adverse.

Why Companies Fail - Magazine - The Atlantic
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Old 02-21-2012, 08:43 AM
  #89889  
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Originally Posted by georgetg View Post
That's rich coming from you!

If there is one person that consistently pounds his chest here telling off everybody else, it would be a tie between you and carl ;-)

I sign my name under my posts instead of hiding, WYSIWYG, I sure hope you have a different personality in the jet!

Cheers
George

Hmmm OK. I thought you and I for the most part had a pretty good relationship on here. You have written lots of stuff I have agreed with and given you credit for. But it is very clear what you think of me, so fine. Have a wonderful day... "George"
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Old 02-21-2012, 08:43 AM
  #89890  
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Originally Posted by georgetg View Post
Oil, the new excuse is the Euro debt crisis averted means oil goes up because the Euro economy improves


where the metric fails is that when the Euro zone economy falters so do the shares of the international carrier that serve it.

Delta has figured out how to pass along the fuel cost in ticket prices, so economic growth in Europe should bode well for us...short term stock hit aside.

Cheers
George
The have only passed 85% of the increase in jet A prices to the customers. As far as I am concerned, they still have to pass on that other 15%. We are still subsidizing our customers and their travel.


On our stock plunge, It will come back until Iran blows up.
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