Q3 results
10-09-2019 | 09:25 AM
#52
Moderator
Joined: Dec 2007
Posts: 7,252
Likes: 95
From: DAL 330
We agreed not to contest DB termination via LOA 51. You know the second round of the “ do it once , do it right” with another 14 % paycut.
Scoop
10-09-2019 | 09:46 AM
#53
Line Holder
Joined: May 2009
Posts: 480
Likes: 5
Do I need to go with something more plausible-y like "I plan on voting away PS in exchange for company stock"?
Or do I need to go with something more crazy-cakes, like "I plan on voting away PS in exchange for a free skypro like the flight attendants have"?
Or do I need to go with something more crazy-cakes, like "I plan on voting away PS in exchange for a free skypro like the flight attendants have"?
10-09-2019 | 09:48 AM
#54
Gets Weekends Off
Joined: Sep 2015
Posts: 1,034
Likes: 2
From: I got into this business so I wouldn't have to work.
10-09-2019 | 10:50 AM
#55
Gets Weekends Off
Joined: Aug 2011
Posts: 2,583
Likes: 16
From: Hoping for any position
If I were a new hire I would be happy one can become a Capt in 3 Months at a Legacy Airline (delta) ...and not 15 years like it was for many of us...or 22 years like my TWA friends. The only reason DL agreed to such a high % of PS is that between 1966 to 2005 you would have to be smoking crack to think we could be making 5 billion in profit per year.
10-09-2019 | 11:59 AM
#56
Gets Weekends Off
Joined: Apr 2011
Posts: 5,816
Likes: 5
From: retired 767(dl)
If I were a new hire I would be happy one can become a Capt in 3 Months at a Legacy Airline (delta) ...and not 15 years like it was for many of us...or 22 years like my TWA friends. The only reason DL agreed to such a high % of PS is that between 1966 to 2005 you would have to be smoking crack to think we could be making 5 billion in profit per year.
10-09-2019 | 01:24 PM
#57
Line Holder
Joined: Apr 2014
Posts: 794
Likes: 2
From: Widget Jet
I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.
You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?
10-09-2019 | 01:30 PM
#58
Gets Weekends Off
Joined: Sep 2015
Posts: 1,034
Likes: 2
From: I got into this business so I wouldn't have to work.
Didn’t you learn your lesson the first time? Look around. Pensions are dinosaurs. They work when times are great... but you can’t rely on them. The legal precedent is set and set well. When things aren’t going well, companies can lapse payments and then things continue to go poorly to the point the deficit is too great to overcome. Then usher in BK court where the last person protected and paid is the employee. Pensions gone.
I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.
You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?
I’ll never vote for a contract that has a FAE payout in it. Ever. Instead I’m all for a payout that maxes out my 401k (including catch up) and then more in the Market Based vehicle. Plus Profit Sharing.
You must be a year or two from retirement. That’s the only reason I see someone wanting that. Short term risk is very low for you on that... right?
10-09-2019 | 02:38 PM
#60
Thread Starter
Gets Weekends Off
Joined: Mar 2015
Posts: 13,223
Likes: 669
From: ir.delta.com
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