Originally Posted by
Huck
I teach my kids not to let the perfect be the enemy of the good.
I teach my kids the time value of money.
I teach my kids to never ever rely on a pension, because I watched my uncle lose his at UAL.
I teach my kids that when you negotiate for four years, it's not realistic to go back to the table and say, "We changed our minds, we want more, and this time we REALLY mean it."
I don't think Delta should have signed their TA. And not because of the loss of profit sharing. Because of the access Flight Ops was given to their medical records.
But I do think their timeline is relevant. If we had turned down our TA we'd still be waiting, just like them. And with all this strife and litigation with our MEC, I wouldn't at all have been surprised if it had been three years or more to get another TA.
Time value of money? How about inflation eroding our pension benefit.
Not counting on pension? Probably a good strategy, particularly if you are younger.
Going back to the table and asking for more? That's funny. If you recall, one of our top items was to improve the pension. We didn't go back and ask for more, we just said "ok, we see you drew a line in the sand. Next topic."