Originally Posted by
shiznit
This is NOT cost neutral to the pilot contract, it "might" be cost neutral to the DAL Corp.
It will be a 350-425 mil annual benefit to the pilots in contractual increases.
If we've given up enough productivity improvements (ALV/TLV + 2, ALV +15, +1 Short Call, 30 day months in summer, loss of 5% (33% of total) of profit sharing - approx 2% of pay at current profits and 4-5% if profits increase to below 2.5 Billion) to make it cost neutral then all we're doing is working harder for more pay. While in the past when DAL was very profitable the concessions (it is a negotiation, as they say) were minimal and the pay increases were large. I predict that in 2014 (not 2015) guys will look at this the same as POS 96 and be just as angry.