What are your DAL PS Assumptions?
01-13-2015 | 01:08 PM
#11
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Hi. Delta guy here, reading your stuff with interest (because it will affect our own negotiations). Had a A'A jumspeater recently, and he didn't seem to be that interested in factoring in the Profit-Sharing.
I understand that your TA is DAL rates + 7%. Is it clear to you guys that we're routinely adding 8-16% above our own rates, via the PS? It's been at roughly 1 month of pay for the last two years, but 2014 will yield about 2 months, and 2015 and beyond look like they're going to yield 3 or more months, i.e. 25%+.
DAL payrates + 7%, but without the PS, is about DAL -10% using 2014, and DAL -18% for 2015. I don't know how other items factor in. Our DC plan (no A plan left) is 15%, and our ADG (average daily guarantee) is 5:15. A 3-day pays 15:45.
Not trying to be a smart-a$$, I'm just curious to know if you guys understand the impact of the PS. You airline is a powerhouse. It won't make me feel bad if you're paid accordingly.
Good luck.
I understand that your TA is DAL rates + 7%. Is it clear to you guys that we're routinely adding 8-16% above our own rates, via the PS? It's been at roughly 1 month of pay for the last two years, but 2014 will yield about 2 months, and 2015 and beyond look like they're going to yield 3 or more months, i.e. 25%+.
DAL payrates + 7%, but without the PS, is about DAL -10% using 2014, and DAL -18% for 2015. I don't know how other items factor in. Our DC plan (no A plan left) is 15%, and our ADG (average daily guarantee) is 5:15. A 3-day pays 15:45.
Not trying to be a smart-a$$, I'm just curious to know if you guys understand the impact of the PS. You airline is a powerhouse. It won't make me feel bad if you're paid accordingly.
Good luck.
01-13-2015 | 02:34 PM
#13
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The APA sold our profit sharing for $12 mil, and we have a "cost neutral" arbitration if we don't take the deal. The correct question is, do you want us to be 7% above you in pay or 19% below you when you enter negotiations? We aren't in section 6, sucks but it is what it is.
Come on CB. I expected better of you. The type of negotiations don't matter one single bit. We are never going to be released for a strike, so it is irrelevant.
We are in negotiations. They want us to sell them 7 industry standard concessions, and we want them to give us some industry standard compensation... They are pretending they won't negotiate because they want to see if we will bite on their pathetic offer.
The only way we get a different offer than the current pathetic offer is we decline their pathetic offer.
It elementary dear Watson. They have $10 Billion and they have wants. They have the ability and the desire.
We gots to "cross our legs", for once in our miserable street hooker walking lives.
01-13-2015 | 02:43 PM
#14
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Just to clarify on the Delta profit sharing it has never routinely paid 8 to 15% as quoted at the start of the thread. In fact the highest it's ever paid was last year where it paid 8.2%. It paid about 6% the year prior and virtually nothing before that. It is projected to pay 15% in FEB.
01-13-2015 | 02:47 PM
#15
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Just to clarify on the Delta profit sharing it has never routinely paid 8 to 15% as quoted at the start of the thread. In fact the highest it's ever paid was last year where it paid 8.2%. It paid about 6% the year prior and virtually nothing before that. It is projected to pay 15% in FEB.
There has never been only three major airlines (plus SouthWest) before either.
15% in February... after they already plunked down 5% late last year?
Not really too amazing considering the record profits that keep going higher.
01-13-2015 | 04:05 PM
#16
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It will be 10% in FEB. 15% total for the year.
01-13-2015 | 05:04 PM
#17
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Come on CB. I expected better of you. The type of negotiations don't matter one single bit. We are never going to be released for a strike, so it is irrelevant.
We are in negotiations. They want us to sell them 7 industry standard concessions, and we want them to give us some industry standard compensation... They are pretending they won't negotiate because they want to see if we will bite on their pathetic offer.
The only way we get a different offer than the current pathetic offer is we decline their pathetic offer.
It elementary dear Watson. They have $10 Billion and they have wants. They have the ability and the desire.
We gots to "cross our legs", for once in our miserable street hooker walking lives.
We are in negotiations. They want us to sell them 7 industry standard concessions, and we want them to give us some industry standard compensation... They are pretending they won't negotiate because they want to see if we will bite on their pathetic offer.
The only way we get a different offer than the current pathetic offer is we decline their pathetic offer.
It elementary dear Watson. They have $10 Billion and they have wants. They have the ability and the desire.
We gots to "cross our legs", for once in our miserable street hooker walking lives.
01-13-2015 | 05:07 PM
#18
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Parker and Glass are smarter than the pilots. Parker enjoys snickering at us, because we say "yes" to his showman Glass. They know what PT Barnum said is true. And the aviation profession seems to draw a lot of circus devotees.
01-13-2015 | 05:10 PM
#19
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