Originally Posted by
DAL 88 Driver
This is Delta. We are all Delta pilots now. Delta pilots took a cumulative total 42% pay cut (prior to and then during bankruptcy). With the pay increases we have gotten to date, it would take approximately a 67% increase to restore the buying power we had in 2004 prior to taking the cuts. NWA rates have nothing to do with any of that.
He is referring to our CH11 contract and theirs to our current compensation. If you figure in the stock it is about that. The stock alone equates to about a 6-10 dollar per hour bump in rates over the first few years of our agreement. Go read Art Aaron's piece of that.
Call it 27% restoration if you want, but the total compensation improvement of both premerger groups get very close to Alfa's assertions.