Originally Posted by
tsquare
Sorry, I gotta side with the young guns on this one. The company came to us to negotiate a new contract outside of section 6. We didn't have to give them anything on this issue. Yes, we got the pay codified (I guess that's the word), but I should have trusted my own investment knowledge to believe that DAL is on a trajectory that will lead to big profit sharing checks going forward. OK... so we gave that up for a little more pay. I think we blew that one. SO imho, going forward, we are gonna want more money to reflect DAL's performance. Lots more money. Now the company is in a quandry because they either have to give us back more profit sharing which would hide our pay increases from Wall Street, or give us more in pay rates. On THAT count, I think the company blew it....
Wall Street is just a bit smarter then you give them credit for. The number they care about and watch is Delta's total block hour costs in comparison with our competitors.