View Single Post
Old 03-16-2012 | 03:17 AM
  #93013  
nerd2009's Avatar
nerd2009
Gets Weekends Off
 
Joined: Oct 2009
Posts: 383
Likes: 0
From: Delta M88 A ATL
Default

This just about sums it up:


Prior to Delta's Bankruptcy filing;

The Pilots took a 32.5% Pay Cut, which amounted to $1 Billion
The F/A's took a xx% Pay Cut, which amounted to $yy
The Mechanics took a xx% Pay Cut, which amounted to $zz
The other non-contract employees took a xx% pay cut, which amounted to $xx
And in bankruptcy, the Pilots took an additional 15% pay cut, which saved

the Company $300 Million,
And their Pensions were TERMINATED, which saved the Company $ XX Billions
And the non-contract employees pensions were converted to a DC plan, which

saved the Company $xx Millions

Since Delta exited Bankruptcy, the non-contract employees are at xx% (90?)

of their pre-bankruptcy pay rates
The Delta Pilots are at 60% of their pre-bankrutcy pay rates.

Delta Management is currently making xxx% of what the previous

Management team was making prior to Bankruptcy

In this upcomming contract, the Delta Pilots, who have contributed many

times MORE than all the other employee groups, combined, will be seeking

to be repaid for their selfless contributions to Delta's latest financial

success, since most of it was due in large part to their generosity.