JV Perspective
 

2015

#1 United States GDP $18 Trillion Global Share 25.4%

#2 China GDP $11 Trillion Global Share 14.8%

#3 Japan GDP $4.4 Trillion Global Share 5.9%

#4 Germany GDP $3.4 Trillion Global Share 4.5%

#5 United Kingdom GDP $2.9 Trillion Global Share 3.9%

#6 France GDP $2.4 Trillion Global Share 3.3%

#7 India GDP $2.1 Trillion Global Share 2.8%

#8 Italy GDP $1.8 Trillion Global Share 2.5%

#9 Brazil GDP $1.8 Trillion Global Share 2.4%

#10 South Korea GDP $1.4 Trillion Global Share 1.9%

Take a close look at where Korea and Mexico sit on this list.

If and when DALPA comes to us seeking a Letter of Agreement for these JVs,

1) we need our fair share of the flying

2) we need major gains in RETIREMENT AND QUALITY OF LIFE.

VACATION

TRAINING PAY

MEDICAL

DEFINED CONTRIBUTION

MINIMUM DAY

US GDP: Korean GDP :: DL Share of JV: KAL Share of JV?

I like the direction you are going here, but I don't think that's a strong correlation for many reasons.

Just spitballing here, but a stronger correlation might be:

US Worldwide air passengers : Korean Worldwide air passengers

Even stronger:
US-Korean trade originating in US : US-Korean trade originating in Korea

OR

US-Asia ASMs by DL : US-Asia ASMs by KAL

OR

US-Asia ASMs by all US carriers : US-Asia ASMs by all Korean carriers


1) we need our fair share of the flying AGREED!

Sadly, we will get nowhere near our share and DeRosa, Martin and Mason will be selling it like their lives depended on it.

Nothing in return be a handful of pixie dust.

What's with your focus on Mason? He was one of the original scope hawks...

so what happened?

He sure isn't a "scope hawk" now.

Mason is in lock step with DeRosa and Martin. Doing management's bidding.

I hope to be wrong.

What I see coming are 2 letters of agreement allowing concessions on JV scope beyond what is allowed under the current PWA. One for Aeromexico and one for Korean.

DeRosa, Martin and Mason will opposed MEMRAT of these LOAs and say we can achieve no gains other than scope protection which is something we should NEVER pay for.

Management is coming to us for concessions. We are in the drivers seat.

Again, I hope to be wrong.

Every time I've talked with Mason, I got a very different perspective. We sharply disagreed on the recall, but I sharply disagree with your usual throwing crap against the wall and including him in it every time. You're the one person on here who is wrong more than sailingfun!

You are full of crap. I am not sure who is feeding you this stuff. Mason might be lock step with those two on a few committee appointments, but making a corollary to every issue is an insult and wrong.

On the Aeromexico JV, the likes of Mason, Nestor and Dilbeck have been working on metrics and methodologies for over two years to protect us from flying inside and outside of the JV. Aeromexico is unique in the fact that passengers could flow from South America and Asia thought MEX, not touch the JV's immunized flying, but DAL with a ownership stake gets a financial benefit. These guys realized that from the word go, and have been working the issue. I would say that Mason will be able to give direction on this and do so from a place of knowledge.


The question remains to be seen if the company '"needs" a JV. The have to meet with the association per the PWA but there is nothing that requires them to agree to one. The protection we have in the PWA is for flying that the JV covers (DAL cant drop the level of flying. The issue is the growth flying and we are not protected. It can all go to Aeromexico). The pilot group should want a JV and demand it from the company.

The Korean relationship has been one that has been all over the place. I personally believe DAL is moving towards a JV out of need, especially with the issues in NRT. The horizon on when we would negotiate this is not months, but likely at least a year away. Remember, it took two years for Virgin Atlantic, Aeromexico has been on the plate for three years, and V Australia took about two years from announcement to LOA.

As for Sam and Scott, I doubt they said those worlds. They sound like a concern from parties that want to expand the use of MEMRAT and aren't sure they have the votes.

Mason is a pitbull on the MEC and never tires advocating the issues. This looks like another political drive-by that is thin of facts, but strong on supposition. You constantly made crap up about Nestor and now you are doing it to Mason.

Time will tell..

How much can Virgin grow before we must grow in our share of that killer deal?

As usual your talk focuses where management wants you to lead the line pilots.

The fact is, In my opinion, the current JV language is too restrictive for management. They want more latitude. So you and the gang focus 100% on the protection of growth going forward. To me that is a given. And we deserve a much larger share than we will get. I.e. Virgin.

We need to focus on gains in:

Value of a vacation day, training day and establish a minimum day.

More defined contribution up to 18%.

Lowering medical deductibles to $200 per individual and $400 per family. Cutting medical premiums in half.

What you guys never mention is the fact that our executives are lighting BILLIONS on fire each and every year with stock buy backs.

They need to invest in our air line. Not one more penny wasted on buy backs.

Stock buy backs achieve but one goal. Making our executives richer.

There is no excuse for bankruptcy medical, vacation, min day and training day while they waste billions on buy backs.

Rouge24

You say the DeRosa, Martin and Mason favor MEMRAT of letter of agreement and memorandums of understanding, this is outstanding news.

And they are concerned they don't have the votes.

Please list the voting members of the MEC who oppose MEMRAT of letters of agreement and memorandums of understanding.

I am aware of none.