Originally Posted by
sinca3
Chairman's letter is out. Of course he mentions the 4/8.5/3/3 and time value of money. What about the time value of the past ten years? What about the time value of a seem less merger? What about the time value of expedited negotiations for DAL not just us the pilots? I'm sick and tired of this ploy!!
As for other high points blended 88/90 rates, or more accurately 88 up to 90 rates, block hour ratio with DCI with a cap on 50-70 seat planes available, allowing for "accelerated access" to 76 seat jets but only after DAL acquires small narrow body jets to be flown by mainline, access to these 76 seat jets to be capped at 32 Less than current cap, reserve guarantee will be 2hrs below ALV min 72hr max 80hr, elimination of sick monitoring, early retirement incentives similar to previously announced for all other employees.
Throughout the whole letter TO "sales" the TA and doesn't once mention anything we had to give up to get it.
Check you in boxes...
For now
FUPM!
Then at the end he mentions the "incredible" work the negotiating committee did. Really? If this is what they "worked" for, I hate to see what they would have come up with if they slacked off.
Seriously, did the company offer less than that? Makes you feel kind of sad that we would get offered less than "almost" (he used that word, too) 20% over three years and even worse that "we" would accept it.
He acted like the company was doing us a favor by negotiating with us early with his time value of money assessment. Maybe so, but we've been told all this time that the company wants to hurry and get a deal done. I guess they hope we forgot that.
This is kind of unbelievable.