Originally Posted by
forgot to bid
The 2010 data of a 1.528B pay comes from BTS and SEC data per airlinefinancials.com, I just added the pay raises for the PWA and TA.
The 2013 number was off on the TA because I only did a 4% increase over 2012 to 2013, so I added back another 1% to match payraises plus DC.
Reracked, it's not cost neutral if those 91 CR2s cost $14M or more.
Now why just use 300? Because frankly, if we're being sold this TA and being told it reduces the number of pilots then I have to believe we're reducing more than 300 even if we make up 72 or 100 or 200 pilots at best elsewhere.
FTB, you are flat out wrong and bordering on out of line on your "chart".
If no hiring occurs and the company decides to keep everything at the status quo (meaning no 717's or other aircraft acquisitions):
The first six months of the TA will cost the company somewhere in the neighborhood of 60-75 million.
The first year past the amendable date will run roughly 4 times that amount against the current PWA.
By the 2015 numbers are in play the value to Delta pilots PER YEAR will be in the 420-440 million range more than the current PWA.
Add it up and in 3.5 years it is worth over a BILLION dollars to Delta pilots.
Seriously, Alfa is right. Just say you'll vote NO to any more large RJ's in any TA presented and you'd keep a lot more credibility.
The twisting and spinning of inaccuracies isn't helping you or anyone else for that matter.