View Single Post
Old 08-12-2016 | 08:44 AM
  #7  
notEnuf's Avatar
notEnuf
Gets Weekends Off
 
Joined: Mar 2015
Posts: 13,223
Likes: 670
From: ir.delta.com
Default

Originally Posted by scambo1
You said it was "almost like"

If you remove almost, I think youre right.

During restructuring, it was viewed that Delta was the vehicle to promote various corrolary vendors like american express, coke, etc...the core business was an advertising tool...with a captive audience. If you read the vendor list of exit financing backers, you will see what I mean.

Now, we are witness to unbridled short term value extraction...the vampires are sucking the blood. The question is when does the airline get an IV?

Also, the new model is other airline ownership, schedule integration, domestic feed, risk mitigation, codeshare, JV.

As a pilot, you have to ask yourself what do these do to our leverage and what do they do to our/my career potential? Cutting into profit sharing in any way absolutely kills any future benefit a Delta pilot can hope to extract!
Spot on. The new compensation model will be at least 30% profit sharing. If it's not we lose relevance in the virtual merger world.
Reply