Originally Posted by
EdGrimley
Even the most staunch "don't rock the boat" types should be upset if C2015 contains productivity givebacks and doesn't restore to rates from fifteen years ago (without stealing from profit sharing to do it). People want to believe RA is an honest, fair human being beyond his position as CEO. There is enough money to restore C2000 with a healthy Delta balance sheet, without pilots spending more time away from home. Quite simply, given the amount of money Delta has pouring in, it's the right thing to do. Now is the time.
Any DALPA guys that sign off on a TA that does not restore C2000, need to be purged from ALPA work permanently. When everybody hits retirement (and everybody will eventually) Richard will be sitting on over a hundred million dollars for his handful of years spent at Delta. I think it's a fair expectation that pilots should enjoy 5 to 10 for all the sacrifices that come with this job over the course of 30 plus years.
I love seeing these kinds of posts!!! For the last few years the company has been doing these things to increase the stock price. And they mostly have been good for the company and her employees. But the true beneficiaries have been the shareholders and those individual shareholders that benefit the most are the Management people. Now, this $5,000,000,000 buy back during negotiations when we are way behind in terms of buying power is a personal insult to me.
I've been a good soldier, took a three year furlough and returned as a more rounded individual after the first pay cut, took a second pay cut during BK and wondered if I should have stayed out a little longer. After the merger I moved backwards a little in my catagory, bounced around the bases looking for a little seniority, stagnated more because of age 65 and now the stars have aligned to start providing us 40-50 year old 14-18 years of service FO's and Jr Captains with the careers we worked so hard for over the past 25-30 years, and the company decides to spend 5 BILLION dollars to take care of the loyal shareholders (Themselves) without making us whole first? I don't think so! They better have another check for 5 Billion on C.E Wollman's desk for the pilots with a little note saying "thank you for keeping this company afloat during Bankruptcy.
If not now, when? There will not be another opportunity in our careers to recapture what we lost, like we have before us right now, and if the NC brings us any less than C2000+, heads are going to roll.
That's not a threat 80K, don't ban me, bro. Just a rant.
And as Mesabah said, the company is executing this share buy back and double down dividend because they have too much money....but yet since before C2012 they've been terrified to pay us more because of what Wall Street might do. FU, Pay Me!!!
Ok I'm done ranting. Have a great night guys and girls.