Originally Posted by
Schwanker
I don't know exactly what ALPA's budget is, but Delta pilots pay around $40, 000, 000 per year to the union. These funds are used to pay all our experts in Herndon among other things. I expect our experts on the Economic and Financial Analysis committee (or whatever they are called) not to miss these trends. Are my expectations too high? I also have high expectations for my own performance as does Delta. Not that I think C2012 was a complete miss, but I really hope we get it right next time.
The problem is it's hard to go into negotiations on the basis the company is at some future point going to be making huge profits. This industry is the very definition of cyclic. Many of our new hires think the profits are locked in forever now and the good times will continue to roll. This is my third round of good times at Delta where the new hires including me thought the same thing. When it stops and it will at some point it will be overnight and dramatic. Make sure your wearing a seatbelt!