Originally Posted by alfaromeo

The biggest mistake anyone can make is to assume that management is your friend. We have made our pilot group into a business partner with management That is what constructive engagement is, it is not going to birthday parties and yucking it up in the corporate boardroom.

We have added value to Delta in the last five years and they have put value back into our pockets. We have compounded gains into our contract at a rate that vastly exceeds other pilot groups. If we stop adding value to the company, they will put us to the side and ignore us for as long as they can. Events of the last five years have shown that we can sit for years, in fact many years with nothing happening in old school Section 6.

If you are unsure about what happens when you no longer are a business partner look what happened to Mesa (Freedom). As soon as they got on the bad side of Delta they went Scarface on them, they ended up in bankruptcy.

Here are the returns (both pay and DC plan) per year since bankruptcy exit:

2008 - 5.3% (average, some higher some lower)
2009 - 5%
2010 - 5%
2011 - 5%
2012 - 4% + 4%(TA) = 8.1% compounded
2013 - 8.5% (TA)
2014 - 4% (TA)
2015 - 3% (TA)

Quick, one of you financial gurus do a compounded return on that and let me know what you come up with.