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Originally Posted by Planetrain
(Post 2388405)
This is to anyone (not necessarily to gzsg) I have not seen anything published yet: do we know for certain the "scope" of the Korean JV?
1) Is it JV "US-Korea" only + codeshare beyond? Or 2) is it JV on all Korean airlines destinations? Big, big difference between the two. Listen close to where he asks what's in it for our employees. |
The JV is all encompassing for Korean and Delta route structures. There are no company specific routes and Korean flies a lot more to the U.S than Delta flies to Korea.
http://news.delta.com/delta-and-kore...-joint-venture http://news.delta.com/tags/joint-venture |
Originally Posted by gzsg
(Post 2388411)
It's beyond. Ed has a video on Deltanet.
Listen close to where he asks what's in it for our employees. Is it possible this is "JV" on trans-pacific only? Just some other data points: airwaysmag.com (6/23/17) "Delta and Korean Air have expanded their codeshare agreements extensively in recent months. Delta currently places its code on 655 weekly Korean Air flights between Seoul and numerous short and long-haul markets, including North America flights. Delta is now carrying Korean Air’s code on over 4,300 weekly flights, primarily on domestic short-haul markets, but also on nonstop U.S. – Asia pairs, as well as a few routes from its U.S. hubs to Latin America." |
Originally Posted by sailingfun
(Post 2388360)
Totally different management team back then and I opposed anything over 69 seats going to the regionals. Not sure your point on flights to Korea. It's their national airline and the JV has not even been implemented. How many total flights from the US on multiple US airlines are there. If you are going to survive in the modern world you need a network. It's worked remarkably well the last 5 years for Delta pilots. You are a numbers guy, post the hiring numbers at the big 4! Pretty astounding how many more pilots we have hired compared to everyone else!
Not only post the hiring numbers, post the upgrade times and the average profit sharing percentage of the big 4. I think I heard the other day United has suspended hiring. That won't happen at Delta for the foreseeable future vice a Black Swan event. |
Originally Posted by sailingfun
(Post 2388074)
We did not give up our nook in Tokyo, it is dead and buried by better aircraft and a very crafty move by the Japanese to open up Haneda to international flights. China has not worked out because our potential partner wants all the Pacific flying with us doing zero.
That was the same thing KAL wanted a few years back that led to a pullback in that relationship. Fortunently for us they bought a shipping company that is dragging them down and they came back to the table hat in hand. |
This exactly why we can't get more than 650,000 global block hours. Revenue generation and profitability is about selling services (tickets, upcharges, food, skymiles, seat assignments etc.), not operating airplanes.
The brand is the marketable asset not the jet. |
Originally Posted by CheapTrick
(Post 2388259)
Mic drop right there.
HMV for an -88 is $4M. Apparently a HMV for a -90 is $22,000,000. It's a bunch of $ to pay for already depreciated, older, less efficient aircraft in a much smaller category. Sending them to the desert kinda makes sense but my degree was in marketing. |
Originally Posted by Trip7
(Post 2388482)
Well said.
Not only post the hiring numbers, post the upgrade times and the average profit sharing percentage of the big 4. I think I heard the other day United has suspended hiring. That won't happen at Delta for the foreseeable future vice a Black Swan event. You've been blessed since you've been here. I don't care how fast upgrades here are right now, compared to the rest of the big four. If/when things turn south, and I'm sure they will again, and the backwards slide happens again, you don't want to have to start selling assets and disrupting your family's life just to pay your bills, if you get bumped back to the right seat. |
Originally Posted by FmrFreightDog
(Post 2388776)
Source?? Not doubting, necessarily, but curious where the numbers came from. That seems like quite a spread....
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Originally Posted by FmrFreightDog
(Post 2388776)
Source?? Not doubting, necessarily, but curious where the numbers came from. That seems like quite a spread....
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HMV's on the 90's are running three times the price of an 88...don't know why but that's the number I was given. The idea is to put 12 90's in the desert with lower times...pull them out to replace 88's as they go bye-bye. I, honestly, don't see the 90's being around more than the next 5-6 years. Hate to see her go....flew her out of DFW and she has a special place in my heart...
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Originally Posted by sailingfun
(Post 2388933)
I have never heard of a 22 million dollar HMV. You can buy a new C series or 737-700 for that price. The 757 is considered a expensive HMV and they run 5 to 7 million.
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Originally Posted by Trip7
(Post 2388482)
Well said.
Not only post the hiring numbers, post the upgrade times and the average profit sharing percentage of the big 4. I think I heard the other day United has suspended hiring. That won't happen at Delta for the foreseeable future vice a Black Swan event. |
Originally Posted by Trip7
(Post 2388482)
Well said.
Not only post the hiring numbers, post the upgrade times and the average profit sharing percentage of the big 4. I think I heard the other day United has suspended hiring. That won't happen at Delta for the foreseeable future vice a Black Swan event. |
Jealous? :)
Denny |
Originally Posted by MasterOfPuppets
(Post 2389300)
Spoken like someone who is just about to lose everything. The problem with having such a quick upgrade is you can't learn from the wiser Captains. Hold on to some of that money you are bragging about because change will come swiftly.
What did he say that is inaccurate? I'm sure he appreciates the free financial advice though. |
Originally Posted by MasterOfPuppets
(Post 2389300)
]The problem with having such a quick upgrade is you can't learn from the wiser Captains.
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Originally Posted by 2StgTurbine
(Post 2389426)
You are forgetting that many have previous experience at other airlines as an FO flying with "wiser Captains."
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Originally Posted by 2StgTurbine
(Post 2389426)
You are forgetting that many have previous experience at other airlines as an FO flying with "wiser Captains."
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Originally Posted by gloopy
(Post 2384801)
All we'd have to is pay the bribe-uh, I mean, make the fairly priced market based infrastructure investment for the local community, and we could get the gate space we need.
The going rate for big city shakedow-uh, I mean airport improvement development commissions, is about a quarter billion per gate (because things really cost that much, yes they do) but first we have to pay 11B to have the same effect on stock price as if we didn't pay 11B, and then after that we'll have to do the same with many many more billions. But after that, perhaps there can be a proper investment in the needed JV partner facilities. [emoji3] |
Originally Posted by Trip7
(Post 2388482)
I think I heard the other day United has suspended hiring. That won't happen at Delta for the foreseeable future vice a Black Swan event.
We have 2 things happening simultaneously. One is parking of the 747s while taking on 18 new 777s and 4 more 787s and 737s as well as A-319s that arrive every month. All this before Jan 1st. Getting everyone "retrained" from the 747 is backing up our training center and there is a ripple effect. Combine this with significant construction at our training center to accommodate the new simulators, as well as moving the ones from IAH (the old CAL training center) means we can't start new hire classes right now. There is no halt on training since we are getting even more WB planes that have much higher staffing than NB planes, plus retirements. Its temporary because of those two events happening at the same time. Also, we have summer Indoc classes of pilots returning from various leaves and furloughs of the past. Off the street hires don't start up again until November and it'll be crazy hiring for the foreseeable future. |
Originally Posted by svergin
(Post 2390101)
Not even close. There are Indoc classes running this summer for pilots. Senior Manning (our version of green slips) are off the charts.
We have 2 things happening simultaneously. One is parking of the 747s while taking on 18 new 777s and 4 more 787s and 737s as well as A-319s that arrive every month. All this before Jan 1st. Getting everyone "retrained" from the 747 is backing up our training center and there is a ripple effect. Combine this with significant construction at our training center to accommodate the new simulators, as well as moving the ones from IAH (the old CAL training center) means we can't start new hire classes right now. There is no halt on training since we are getting even more WB planes that have much higher staffing than NB planes, plus retirements. Its temporary because of those two events happening at the same time. Also, we have summer Indoc classes of pilots returning from various leaves and furloughs of the past. Off the street hires don't start up again until November and it'll be crazy hiring for the foreseeable future. Good info on the current status of UAL, thanks. |
Originally Posted by svergin
(Post 2390101)
Not even close. There are Indoc classes running this summer for pilots. Senior Manning (our version of green slips) are off the charts.
We have 2 things happening simultaneously. One is parking of the 747s while taking on 18 new 777s and 4 more 787s and 737s as well as A-319s that arrive every month. All this before Jan 1st. Getting everyone "retrained" from the 747 is backing up our training center and there is a ripple effect. Combine this with significant construction at our training center to accommodate the new simulators, as well as moving the ones from IAH (the old CAL training center) means we can't start new hire classes right now. There is no halt on training since we are getting even more WB planes that have much higher staffing than NB planes, plus retirements. Its temporary because of those two events happening at the same time. Also, we have summer Indoc classes of pilots returning from various leaves and furloughs of the past. Off the street hires don't start up again until November and it'll be crazy hiring for the foreseeable future. |
Originally Posted by Big E 757
(Post 2388781)
Don't kid yourself. It could happen tomorrow!! Read that again, before you start spending every penny of your new Captains check every month.
You've been blessed since you've been here. I don't care how fast upgrades here are right now, compared to the rest of the big four. If/when things turn south, and I'm sure they will again, and the backwards slide happens again, you don't want to have to start selling assets and disrupting your family's life just to pay your bills, if you get bumped back to the right seat. When the economy turns the company comes after pay rates, when staffing becomes an issue they come after work rules. Delta could easily operate with 3K less pilots if they got rid of a few days off here and there, go to min duty instead of min calendar... and on and on. Keep an eye out. |
Originally Posted by PNWFlyer
(Post 2390199)
Has anyone really looked at the other issue DAL, UAL and AA are going to face in a few years? Forget the Black Swan, what happens when there are no longer 1,000 pilots a year to hire (at each... and don't forget the others)? It is likely going to happen in a few years.
When the economy turns the company comes after pay rates, when staffing becomes an issue they come after work rules. Delta could easily operate with 3K less pilots if they got rid of a few days off here and there, go to min duty instead of min calendar... and on and on. Keep an eye out. |
Originally Posted by sailingfun
(Post 2390200)
The one change to what SWA has which is no pickup limit would be devasting to manning. Probably not 3000 jobs but certainly in the thousands.
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Originally Posted by BigHitterLlama
(Post 2390190)
Does that mean hiring is suspended until November?
Good info on the current status of UAL, thanks. Also, management put out a memo to the pilots saying they needed more new hire interviewers for the fall and asked for volunteers. |
Originally Posted by PNWFlyer
(Post 2390199)
Has anyone really looked at the other issue DAL, UAL and AA are going to face in a few years? Forget the Black Swan, what happens when there are no longer 1,000 pilots a year to hire (at each... and don't forget the others)? It is likely going to happen in a few years.
There are quite a pilots who would love to come here. Expats returning? Many would like to come back. 'Lower tier' new hires? It always cracks me up when I hear, "OMG, we might have to take 'lower tier' pilots." By whose subjective standard? Remember Erich Hartmann? He was at one time considered 'lower tier' after some difficulties. Went on to have 352 confirmed kills in WWII. 'Lower tier' often becomes 'upper tier' due to many factors. There will be no pilot shortage. |
Originally Posted by ERflyer
(Post 2390472)
HB1B visas?
'Lower tier' new hires? It always cracks me up when I hear, "OMG, we might have to take 'lower tier' pilots." By whose subjective standard? Remember Erich Hartmann? He was at one time considered 'lower tier' after some difficulties. Went on to have 352 confirmed kills in WWII. 'Lower tier' often becomes 'upper tier' due to many factors. There will be no pilot shortage. Plenty fail the "Testing" at Delta, move on to American or United and have successful careers. Plenty who fail the Hogan go to Delta and American.. then United still has Captains show in their pajamas to work and rant to the passengers about their divorce... Just go with the HR interview and see if you like the person. Quit it with the hazing BS and you will hold off on the shortage for a while. |
Originally Posted by ERflyer
(Post 2390472)
HB1B visas?
There are quite a pilots who would love to come here. Expats returning? Many would like to come back. 'Lower tier' new hires? It always cracks me up when I hear, "OMG, we might have to take 'lower tier' pilots." By whose subjective standard? Remember Erich Hartmann? He was at one time considered 'lower tier' after some difficulties. Went on to have 352 confirmed kills in WWII. 'Lower tier' often becomes 'upper tier' due to many factors. There will be no pilot shortage. I am in agreement w/you. I rarely post here but this "pilot shortage" mantra is driving me crazy! In 1 minute I was able to find numerous pilots on our seniority list with 2059 mandatory retire dates (which makes them 23 yrs old at a major). For the same reason people flocked away from the airline pilot career post 2001, it will bring them back....pay and QOL. Restore the profession and people will migrate back. It doesn't take 10 yrs to make a pilot. These young hires are not the norm, yet, but with pay and QOL advances, more and more will consider this as a career again. The aviation schools are packed, the RJ world is adjusting the best they can with incentives (doubt it will help long-term) and the Majors still have a big pile of well qualified pilots looking for work in the short-term. JMTCW |
2059 Retirement date. Probably could hold 88A too. Bearing a catastrophic Black Swan event should be a spectacular career. Demographics of the pilot group are rapidly changing. In 3 years half the list will be 2014 and later hires. Brave New World.
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Originally Posted by Big E 757
(Post 2388781)
Don't kid yourself. It could happen tomorrow!! Read that again, before you start spending every penny of your new Captains check every month.
You've been blessed since you've been here. I don't care how fast upgrades here are right now, compared to the rest of the big four. If/when things turn south, and I'm sure they will again, and the backwards slide happens again, you don't want to have to start selling assets and disrupting your family's life just to pay your bills, if you get bumped back to the right seat. I agree everything can quickly turn to crap like it has done many times in the past. What I disagree on is exactly how that would affect us as Pilots. When 9-11 hit: We parked all the AC with FEs causing an excess of hundreds of Pilots. We were very inefficient with LOT bidding and trips touching - that was replaced by PBS causing an excess of hundreds of Pilots. Our contract was run through BK causing an excess of hundreds of Pilots. Age 65 hit shortly after retirements were cancelled/stolen/euthanized or whatever you want to call it causing hundreds of Pilots to really have no choice but to fly to 65. DAL and NW merge and end the Cargo operation - causing an excess of hundreds of Pilots. None of these events can happen again. Yes the retirement age can be incrementally raised but with no DB to be flushed the affects will be minimal. So while there surly is another Black Swan lurking just around the corner if and when it hits the results will be nothing like the "lost decade" which was a multi-faceted perfect storm of stagnation. So we got that going for us - which is nice. :D Scoop |
Originally Posted by Scoop
(Post 2390815)
So we got that going for us - which is nice. :D
Scoop |
Originally Posted by Trip7
(Post 2390790)
2059 Retirement date. Probably could hold 88A too. Bearing a catastrophic Black Swan event should be a spectacular career. Demographics of the pilot group are rapidly changing. In 3 years half the list will be 2014 and later hires. Brave New World.
Met one of the 23 year olds, I was impressed. 2 years of college while still in hs. Good amount of 1900D time and RJ time. Hope they do have absolutely spectacular careers. |
Originally Posted by gzsg
(Post 2388328)
We fly 3. Korean flies 15. |
Originally Posted by David Puddy
(Post 2388310)
Plus, the MD88 and 90 are uncomfortable and loud from a pax perspective compared to other fleet types. The MD88, in particular, is a disgrace from the pax perspective - even Spirit A319s are more comfortable....
No wifi or inflight entertainment whatsoever. Let's just say they are equally bad but for different reasons. lol. |
Originally Posted by JamesBond
(Post 2392527)
Kind of a silly retort. How many major markets are there in Korea? How many in the US?
18 flights from the USA to ICN on "SkyTeam" and KA flies 15/18. "...major markets are there in Korea?" What are you even talking about? |
Originally Posted by JamesBond
(Post 2392527)
Kind of a silly retort. How many major markets are there in Korea? How many in the US?
One of your top ten. And that is saying something. James would allowing 90 seat aircraft at our regional partners be a good idea? Would they save our bacon? |
Originally Posted by gzsg
(Post 2392636)
You can't fix stupid.
One of your top ten. And that is saying something. James would allowing 90 seat aircraft at our regional partners be a good idea? Would they save our bacon? the RJ's. At least RJ's are flown by up and coming US pilots where JV pilots not so much. |
Originally Posted by gzsg
(Post 2392636)
You can't fix stupid.
One of your top ten. And that is saying something. James would allowing 90 seat aircraft at our regional partners be a good idea? Would they save our bacon? |
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