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Old 12-12-2014 | 08:20 AM
  #3081  
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Carl Spackler
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Joined: Apr 2008
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From: 747-400 Captain
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Originally Posted by EdGrimley
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.
Our "union" disagrees Ed. That's the bottom line. These wish lists are great, but the agent that will bargain for us in C2015 simply doesn't agree.

Carl
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