Originally Posted by
SharpestTool
let's take the next step. Does RA reward the Delta pilots and capitulate? Or does he say lets see what the NMB says?
Everyone voting no should have an opinion here. Let's hear them. If you want a yes voter like me to consider your view you have to show me how it ends.
First, observe the overall big picture. America's middle class is getting decimated, and there is (deservedly) rampant and widespread concern about that. Darn good chance the NMB is very sympathetic to this and are middle class themselves.
Second, observe record profits and exec. compensation that has been doubling every few years as the rich get richer. DAL mgmt fits right in.
Third, observe a mgmt group that wants to eat first before the troops eat (ie. RA & Co. want to get paid BEFORE profit sharing is calculated....read: they can play with their compensation to keep profits below the new profit sharing threshhold). This jibes neatly with #1 and #2 above, and can effectively shut the pilot group out of ANY profit sharing saving the company a bundle and thus jacking up the stick price. Speaking of...
Fourth, observe that DAL mgmt is engaging in a $5 BILLION dollar stock buyback scheme, when RA himself holds something like 15+ MILLION shares of stock in his personal holdings (read: he is further rewarding himself with co. $$ above and beyond his already incredibly generous compensation).
Also...
Originally Posted by
Timbo
use the Media to point out how many BILLIONS of dollars the Delta Pilots have given to SAVE DELTA, point out that we are STILL 18% below rates from 11 years ago, and we gave up BILLIONS in our DB retirement plans as well. We point out all the outsourcing of our mainline jobs to RJ's at the bottom, and to JV's at the top.
Then we go public with the company's Sick Leave proposal, and we go public with Richard's Compensation Package, and compare it to OUR compensation package!
Yeah, I'd like to go to the NMB with these facts, with one important caveat.
I want to do it with DAL's negotiators, not DALPAs.