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Originally Posted by Scoop
(Post 2666192)
I get where you are coming from and generally agree with you. I find many Senior Pilot claims of future pauperism hard to take, but comments like "sell your boat" just diminish your credibility.
I also agree with much of what is bolded above but you left out some background information. Lets revisit profit sharing. When DAL Pilots took onerous pay and work rule cuts we were given our current PS system - in case DAL was to become profitable again it would automatically kick in with a little $$$. Well guess what? DAL become profitable beyond managements wildest dreams and we now have the most lucrative PS in the industry. A PS payout that all DAL Pilots enjoy, not just those Pilots who made the sacrifices. So for all the guys who were not on the property during the times of these sacrifices, be sure to thank the Pilots, including the "deadzoners," who made the sacrifices that enabled our current PS program. In other words the whole topic is much more complicated and nuanced then many acknowledge. Foolish comments like "sell your boat" are just as bad as the senior guys saying they are willing to sell Scope for a DB. Neither comments help the Pilots at all. We can either come together as a group - to the benefit of all Pilots or we can be divisive to the benefit of management. Scoop |
Originally Posted by sailingfun
(Post 2666295)
We also have and have always used professional negotiators.
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Originally Posted by sailingfun
(Post 2666295)
We also have and have always used professional negotiators.
That is what I was referencing. |
Originally Posted by tunes
(Post 2666301)
by used do you mean hired to consult? because we haven't had them sitting at the negotiating table and thats what many are asking for.
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Originally Posted by tennisguru
(Post 2666279)
The problem with releasing the results is it would show the company exactly how much they'd have to give to get a vote to pass and not one inch more...
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Originally Posted by Han Solo
(Post 2666326)
The flip side is don't release the results and those on the "losing" side will question ALPA's integrity and motives. I think trust among the union membership is more important than tipping our hand in negotiations. People live in their own echo chamber. The pilots who think they want a DB probably think a majority of the pilots agree with them, and the same can also be said for those who do not want a DB. Just release the results and end the debate so we can proceed with a unified goal.
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Originally Posted by sailingfun
(Post 2666304)
There is no negotiating table in the traditional sense. Negotiations are done via term sheets in a very methodical process. Term sheets are exchanged and costed out by each side and counters made via additional term sheets.
I think everyone would be in favor of retirement increases and most would be receptive to possibly adding another type of plan option. But the big risk in all this is the potential for division it could quickly escalate to if it gets into the realm of emotion based unsustainable or unattainable economics. If that happens, even if our proposal(s) are in the "zone of reasonableness" [aka reality] we may have already driven wedges of false hope by that point. Then all the company has to do is say "you won't be getting that, but we can maybe entertain a small fraction of that for a huge scope/work rule sale..." |
Originally Posted by Denny Crane
(Post 2666213)
These two comments are what a lot of you young guys fail to consider when you make some of the comments you do.
One's perspective is based on one's experiences. I certainly hope your experiences are all good ones. For us older guys, they haven't always been rosy... Denny In the regional world, we saw our CEO's making millions of dollars during the worst recession in our Country's history. Meanwhile, they were telling us we had to keep cutting costs to make ourselves more competitive, or else we'd lose our flying. We were nothing more than contractors. Hell, the regional world is still the same today as it was back then. The only difference is they have to pay the pilots because of simple supply/demand. There aren't a lot of young whippersnappers at Riddle/UND/Purdue who want to be pilots, because the idea of making very little money while paying back an asinine amount of student loans is not appealing. Why would it be? My point with this diatribe is this: pretty much every pilot here at Mother D has made a sacrifice somewhere along the way. Regardless of your sacrifice, whatever cross you choose to bear, I think we could all do better to not belittle each other. Let's come together to get the contract we deserve. |
Originally Posted by Crown
(Post 2666485)
IMy point with this diatribe is this: pretty much every pilot here at Mother D has made a sacrifice somewhere along the way. Regardless of your sacrifice, whatever cross you choose to bear, I think we could all do better to not belittle each other. Let's come together to get the contract we deserve.
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[QUOTE=sailingfun;2666245]Americans plans were reasonably funded and in no danger of termination. Delta’s plan had 5 billion in assets and 1 billion in funds. This was driven by the massive increases in FAE. Prior to 99 most FAE’s were around 180 to 200K. With the huge spike in GS’s and the 01 contract FAE’s soared to 360 to 400k. Add in a crashing market, lump sum payouts from early outs boosted by falling interest rates and a well funded plan dropped to 20%.
American plans in no danger? See: https://www.nytimes.com/2012/02/01/b...-airlines.html As to our plan, it is bit much to blame C2K rates as the primary factor. The early retirements (yes I get the impact of the rates on the associated lump sums) with the market brought it to a crisis. In hind sight, lump sums should have only been available when the plan was high funding rate (would have been easy to do when the lump sum was first negotiated: the 1990 contract). While we will probably not completely agree on the above, the discussion is an example of the perils in some forms of deferred compensation. In 2006 I was very unpleasantly surprised when many of the same conversations where occurring: senior pilots wanting their pension protected and junior pilots wanting scope/job protections and the inevitable clash when emotions got charged. When I heard guys arguing I would try to steer the discussion back to “we have to be in this together”. I voted no on Letter 51 for both the pension and scope. I was in the minority. Today RJ scope is much better and my pension is what it is. I’m not going to ask for a pension restoration that gives my seniority group a disproportionate share of future contractual gains. However, I will fly as long the government says I can and my health holds. I like the cash, my PBGC benefit goes up every year I delay taking it, and I like the job. But mostly, since my PBGC benefit is what it is, I like the cash. I am all for any contractual improvements that benefit all seniority groups. |
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