Someone probably has better data than I, but from my recollection (I'm not there anymore), pure pay appears around 42% paycut at Delta. That's just $$, not all the other aspects of the contract gutted. That is from where a 767ER captain was and is today. That also doesn't include the reduction in international override. So when all cash extras and ways to make extra are taken into consideration, probably close to 50%, just money in pocket. Again not including things like increase in medical and things like that.
To put it into perspective, a B717 captain at AirTran makes more than a B767ER international captain at Delta. Of course their company is making money and the legacies are not. Has them smiling, I am sure. Someone has to try and keep the bar up a little.
Position: B-737NG preferably in first class with a glass of champagne and caviar
Posts: 1,959
If you are single, or have a family that's up for a new life style, then the money is over seas. Entry level positions equal to 10 to 15 year seniority captain pay at Delta and NW. Equipment is new, and benefits are pretty good too.
If you are single, or have a family that's up for a new life style, then the money is over seas. Entry level positions equal to 10 to 15 year seniority captain pay at Delta and NW. Equipment is new, and benefits are pretty good too.
I have family in India and Mid-East (Dubai / UAE) wish I was qualified (had more than a PPL...)to work overseas.
To put it into perspective, a B717 captain at AirTran makes more than a B767ER international captain at Delta.
If Delta had continued to pay full pensions, RETIREES would have been collecting more than active captains. Delta and DALPA foresaw that this would cause great labor unrest as soon as pesky profits began to reappear, so they cooperated in an unnecessary pension dump to make the unnecessary pay cuts more palatable. Retirees had no vote. A Delta executive admitted in court that they expect to be "wildly profitable" after exiting bankruptcy. They could have settled for "modestly profitable", saving the pensions AND pay scales, but they saw a window of opportunity and used it.
The court hearing on termination starts Friday.
Last edited by tomgoodman : 08-30-2006 at 10:08 AM.
Reason: corrected hearing date
They could have settled for "modestly profitable", saving the pensions AND pay scales, but they saw a window of opportunity and used it.
But that is contrary to the pure capitolist government to which we are hostage. Terminating pensions should be illegal. Godspeed to you and yours. I'm curious to know if you retirees will have any claim on the treasury note or the other 2.1 million