StripAlert

This is from a Delta MEC Chairman's Letter that just landed in my email box. Guess I need to finish up my 400 hours in July so I can help be part of the 40%...

Good thing we're getting P/S on Pinnacle, seeing as we're trying to kick them to the curb...

I'd post the rest, but it was two pages of fluff. "Special meeting. Yada, yada. Hard times, better than you could've hoped for, thanks be to the MEC. Blah, blah. Vote sometime in the future. Yada, yada. Still trying to hammer out SLI. Blah, blah. Synergy."

NoSoupForYou

It never ceases to amaze me that I seem to be the only one to notice that we DON'T HAVE A $&#ing PENSION!!! So why are the DC plan improvements so far down the road? Like we had all the freaking time in the world or something...

StripAlert

What? You sayin' 2% in 2012 ain't good enough for you?

NoSoupForYou

Oh it's fine! Fine that is considering I'M ALREADY USED TO being in a soup line!!!!

StripAlert

The curious omission is the equity. It's been widely reported that "both pilot groups lost equity in the proposed new airline by not agreeing to a deal before the merger was announced."

So, does that mean 3.5% for Delta (which would be consistent with LOA 19 +) and something less than 3.5% for NWA, or does it mean that we're all splitting something less than the 7% from February's tentative agreement?

Justdoinmyjob

The deal was 5% in Feb, not 7%. Word on the street is we keep our 3.5% from LOA 19 and the NW pilots get it too.

NoSoupForYou

Say what? Doesn't sound right. 7,000 Delta pilots share 3.5% while 5,000 NWA pilots share another 3.5%? That would be like saying the NWA pilots get double-digit pay raises and the DAL pilots don't...oh wait

NWA320pilot

I believe that is 3.5% of the combined company divided up by the 12,000 Delta pilots.

DelDah Capt

My understanding is that the entire merged pilot group splits 3.5%. I think we were all hoping that LOA 19 represented a springboard for an even better eventual joint contract. However, several weeks ago Lee Moak sent an email that if you read between the lines, he was trying to say that in the current environment, "Don't get your hopes up". Personally I was really hoping for a much better DC plan.

I know there are still a lot of people at NWA (and other airlines) who think LOA 19 was a 'stab in the back'. I think History might show that it was a wise attempt to salvage any pay/equity deals out of this as oil goes through the roof and the US airline industry goes down the toilet. I really feel for the airlines in full section 6 negotiations right now....I'm not sure they'll do much better.

Of course the real shame is that we didn't get the better contract back in Feb/Mar timeframe. That's going to represent a lost opportunity especially if the SLI rumors are true and it turns out to be a ratio/relative seniority framework that sounds strangely like the Delta position. I will also add that given the general underwhelming nature of this joint contract for the Delta side, I'd really like to see the proposed SLI before voting on any JPWA.

caddis

Deldah

We will never see the SLI before the vote. Too many people ****ed on both sides. I think we will have the vote on the TA and then about 1 week after passage both MECs will go into "expidited around the clock no on comes out until we have an agreement" negotiations. Amazingly about 6 to 7 days latter poof we will have an SLI.

My thought is that the SLI will be a relative senority position deal with a no bump no flush agreement. Fences if any will be short 12 to 24 month.