Originally Posted by
OpieTaylor
2B per year, 2 contracts in one so effectively a 6 year deal with 3 retro and 3 forward So a 12B deal? Does anyone know the price of best contract Delta has signed? I would think their C2012 was some heavy lifting but have no idea how much per year it was in collective gains. C2004 is often quoted as a standard but no one says how much the deal was worth when signed.
For perspective, if a Delta pilot could share the value and duration of C2004, or C2012, or even C2016 when signed. Inflation is easy to index.
AA can probably extract more from mgmt, but the world of reasonable will always be indexed to past yes deals not hypothetical no deals.
I have heard the current value of our (DL) PWA is about 4B/ year. An increase in 1-1.5 Billion a year is not actually that high.
contract 2001 was probably worth more per pilot than our current contract. (we are almost 50% larger pilot group now so a straight cost comparison is not accurate)
-payrates in 2004 were only about 10% lower than they are today
-vacation maxed out at 7 weeks instead of 5
-60% FAE pension after 25 years
-line bidding with trips touching vacation drops
among many other things.