Originally Posted by
DAL 88 Driver
"We have an incredible track record working with our colleagues at ALPA. And if you just look at the track record over the last 10 years, it's been just phenomenal and we expect it to continue to be that way. So if you look at what we've been doing in the business, we've really taken the labor risk totally off the table at Delta."
Any guesses as to whom that quote is attributable?
So, do any of you think C2015 is going to achieve anything even remotely resembling restoration with essentially the same strategy we've been using for the past 10 years, i.e. "labor risk totally off the table?"
To me, that looks like a nice chunk of leverage when we threaten to take the labor peace off the table...
Don't want to burn that leverage too early or it becomes an empty threat that won't have an effect on the enterprise/stock price (I.e. APA's last 12 years), before C2012 almost all our peers were well behind us (roughly 14.5% average below) the company was still pretty deep in debt, and we were still only marginally profitable. Going to torches and pitchforks then would not have yielded a result. By gaining an additional 12.84% it broke the mold considerably.
Playing "nice" and jumping to a 25-30% lead was smart, IMO. That helped UAL make 25-40% gains and AMR to have to pull and renegotiate a better Ch11 contract. Now that we have UAL edging ahead us in 2016, AMR set to average off of us and UAL in 2016(the rest of their contract is in bad shape though), LCC gone, a company with a much lower debt structure and massively more profitable we stand to get the level of compensation you and I both think we deserve (I want the QOL too!)
Playing nice last time gave mgt a talking point, and them saying that to the investment community just gave us a bigger hammer. I don't think Donatelli and Morgado are afraid to use it.
Will the pilot group rally behind them and give them the big nail of pilot unity as the other necessary leverage point? I'm going to do my part, I hope you will too.