Originally Posted by
gzsg
We all just share our opinions here.
In my opinion, we will make major gains across the board. In just 36 months Delta will be making $7 Billion annually from its new deal with American Express.
There is enough money times 10 for the gains we will attain.
Our younger pilots will benefit greatly. Higher value of vacation day, min day, training day, per diem, hourly rates, retirement, insurance, fix reroute, deadhead, scope, etc.
Seems to me you are trying to create I divide and deliver us for less to management. I hope I am wrong.
Just to clarify but I think you know this. delta predicts up to 7 billion in revenue by 2023. That is a increase of 3.6 billion from current revenue generated by the AMEX program. Those numbers however are not profit. There are large costs associated with the program. Using a typical 15% return the 3.6 billion should up Delta’s profit 540 million dollars a year. That’s a massive increase but does not sound as good as your 7 billion number. Stating they will be making 7 billion is flat out incorrect. Revenue is not profit and the revenue increase from today is 3.6 billion not 7.
The one thing I do know is you are very intelligent. You did not post this by mistake. It was posted intentionally and you knew it was wildly incorrect to claim it was 10 times the improvements we are asking for in the contract. The other strange thing is that if the 10 times the contract cost statement were correct you suggest we will obtain 700 million in contractual improvements. I understand the opener was closer to 2 billion.