Originally Posted by
johnso29
So the market has taken a huge dump recently. The chance of a double dip is starting to rear it's ugly head. However, management doesn't appear to be worried. Could it be that 305 pilots is the amount of bodies we could bring on without having to furlough?
Are they selling these WO's for the sole purpose of eliminating the flow agreements? Are these agreements what prevented furloughs last time? It doesn't seem so to me. There has to be more benefit to selling them then just eliminating the flow. Less costs, no DOT fines for violating 3 hr rule, less FFD contracts & more at risk contracts....
Ugh. My head is spinning. I can't see us hiring if management is worried about a double dip. They seem confident in profitability for 2010.
I really don't think that they are selling because of the flow (my opinion is that it is a nice unintended consequence of the sale for some people). I really have to believe that Mother Delta is really focusing on getting back to being a very strong company. They are reducing risk (i.e. DOT fines, one level of safety, etc) for the company and ultimately shareholders. While gaining a little on the sale in dollars, this deal has to really help in reducing overhead and direct costs in maintaining 3 separate WO's. We appear to be focusing on the core of Delta Air Lines. This is good in my opinion.