View Single Post
Old 08-05-2014 | 06:59 PM
  #380  
gzsg
Gets Weekends Off
 
Joined: Oct 2009
Posts: 3,108
Likes: 0
Default

Originally Posted by alfaromeo
What are you missing? This:



We have had consistent annual returns even when it put us far out of our peers market. Please let me know what reasons there are for the differences between the left side of the chart and the right side of the chart. In my mind, we shook up the industry so much that even with those massive pay raises, they still have not caught up to us. I am sure you have a better explanation. Look at all those zeros on the left side of the chart and give me some explanation for those.

At the time of the merger, your A-320 pay rate was $139.00 per hour with an average of 6% defined contribution rate for an effective rate of $147.34. Now you have a pay rate of $203.21 with a 15% DC and an effective rate of $233.69. That is an $86,000 per year increase in 5 years and an average of almost 12% per year. I am not sure if you have paid any attention at all to the rest of the world during the last 5 years, but if you went to almost anyone who is not a professional athlete, you would find looks of shock and disbelief if you tried to convince them that nothing good has happened to you lately.
Alpha

Show me the compounding on our executives 300% to 700% compensation increases since chapter 11.

You won't and we know why.

You and I both know the freight trains coming. The sales job talking points almost done.

Try explaining to anyone how the Delta pilots hourly rate is 18% to 20% lower than it was over a decade ago. Real people, real faces. No inflation. Record profits. Billions to shareholders.

You sold it once and you will sell it again.

Longer freezes are good!! This is a win! Disregard the loss of jobs. It's good to include the JV scope violation in this deal!

Funding our increases with profit sharing is smart!

Will the pilots buy in again? Will they believe the threats?

Will they believe their is nothing more on the table?

Time will tell.

Jerry
Reply