Originally Posted by
gzsg
Posted just now #1
My yes vote will hang on DALPA delivering their promised "historic" C2015. Major gains in each section.
There is no excuse for money only items. I will name a few and I hope you will add many more.
Best hotel language ever written
Best crew rest facility language ever written
Minimum additional $1 per diem date of signing
2004 hourly rates plus date of signing or it's a NO
$4000 per pilot annually contributed to HSA medical
Door pay
International pay for any flight outside U.S.
Night pay
Increase in international pay
There is zero excuse for not attaining money items. IMO we will easily see $6 billion plus in profits for 2015. $8 billion if they didn't misplay the hedge.
This list is reasonable given past sacrifices and current profitability going forward. I just listened to the full 3 hour Investor Day broadcast. Delta is making so much money it's mind boggling. While putting Billions into airport facilities, aircraft upgrades, etc they paid down 10 Billion in debt in 5 years. They are paying out Billions in dividends while doing stock buy backs. Due to deferred tax benefits, no taxes need to be paid until 2017 and even then it won't be for a full year.
Bottom line, a couple billion toward the pilots is reasonable and sustainable. This amount won't put much of a dent in the Billions Delta will reap in the coming years.