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Old 09-08-2022, 08:09 AM
  #71  
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Originally Posted by OpieTaylor View Post
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.
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Old 09-08-2022, 11:50 AM
  #72  
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In theory, while the pilot compensation cost would be higher than it is currently…it would allow them to accomplish more revenue than having to curtail their flying.
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Old 09-08-2022, 09:04 PM
  #73  
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Originally Posted by Gone Flying View Post
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.
I was more gaging the value of increase with each contract cycle, and some cycles have had things like more large RJs.

It’s reported on here UPS just agreed to a 477m deal over 3 years, with 3,300 pilots.

If UPS had 14K pilots it would be a 2B deal over 3 years, so .66B per year in gains the way I understand it.

Last edited by OpieTaylor; 09-08-2022 at 09:19 PM.
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