MEC Response
03-27-2020, 05:01 PM
#23
Gets Weekends Off
Joined APC: Jul 2007
Posts: 607
Originally Posted by daOldMan
The airlines actually asked for grants with no strings attached. Instead, the airlines have to give up equity in the airline and some control in order to receive the money. This money won't be nearly enough if this lasts past July, and could bankrupt all of the airlines that take it.
03-27-2020, 05:04 PM
#24
Gets Weekends Off
Joined APC: Apr 2014
Position: Widget Jet
Posts: 765
OUTSTANDING!!!!
Let them eat cake. Agree 100%. We offered assistance. Good assistance. Follow the contract. We always have too. Why shouldn’t we expect Delta to hold up their end of agreements... lastly and namely LOA 20-01 for instance. Maybe Delta would get more understanding if they didn’t poke us in the eye after signing LOA 20-01. You get what you sow.
Let them eat cake. Agree 100%. We offered assistance. Good assistance. Follow the contract. We always have too. Why shouldn’t we expect Delta to hold up their end of agreements... lastly and namely LOA 20-01 for instance. Maybe Delta would get more understanding if they didn’t poke us in the eye after signing LOA 20-01. You get what you sow.
03-27-2020, 05:45 PM
#25
Gets Weekends Off
Thread Starter
Joined APC: Aug 2011
Position: Hoping for any position
Posts: 2,504
Originally Posted by Tailhookah
OUTSTANDING!!!!
Let them eat cake. Agree 100%. We offered assistance. Good assistance. Follow the contract. We always have too. Why shouldn’t we expect Delta to hold up their end of agreements... lastly and namely LOA 20-01 for instance. Maybe Delta would get more understanding if they didn’t poke us in the eye after signing LOA 20-01. You get what you sow.
Let them eat cake. Agree 100%. We offered assistance. Good assistance. Follow the contract. We always have too. Why shouldn’t we expect Delta to hold up their end of agreements... lastly and namely LOA 20-01 for instance. Maybe Delta would get more understanding if they didn’t poke us in the eye after signing LOA 20-01. You get what you sow.
03-27-2020, 06:00 PM
#26
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,273
Originally Posted by DeadStick
Are you trying to say that carrying redundant employees until Sep 30th would cost more than the $5 Billion grant?
03-27-2020, 06:10 PM
#27
Gets Weekends Off
Joined APC: Aug 2013
Posts: 164
Originally Posted by sailingfun
Delta’s total expenses in 2019 were just over 40 billion. About 15.3 billion of that number are employee expenses. That includes Delta, DGS and PS.
https://seekingalpha.com/amp/article/4334345-delta-air-lines-better-positioned-to-shrink-american-united
03-27-2020, 06:32 PM
#28
Gets Weekends Off
Joined APC: Jun 2014
Posts: 589
Originally Posted by RJ4LIFE
According to this article we spent $11.2 billion on payroll last year. Considering that included a green slip frenzy and ALVs in the 80s most of the year I think $5 billion for six months should be plenty.
https://seekingalpha.com/amp/article/4334345-delta-air-lines-better-positioned-to-shrink-american-united
https://seekingalpha.com/amp/article/4334345-delta-air-lines-better-positioned-to-shrink-american-united
03-27-2020, 07:00 PM
#29
Gets Weekends Off
Joined APC: Aug 2007
Position: 1 step fwd 2 steps back
Posts: 212
Well done MEC! DAL could have saved some money the next two months, but I feel became greedy. Gets back to no one is going to stay home and get paid when other are on leave without pay. I get they would rather see leave without pay, but our skill set is different. Back in 10’ when they over hired and asked guys to do something else, I did my part. But at about 1.5 years into it they were asking me to come back and I did at the 2 year point. That was with Richard and Ed is a different animal. From what I have seen the last few years is, they try to save a penny but then end up spending a dollar. Can’t believe we still had the profits we did!
03-27-2020, 07:05 PM
#30
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,273
Originally Posted by RJ4LIFE
According to this article we spent $11.2 billion on payroll last year. Considering that included a green slip frenzy and ALVs in the 80s most of the year I think $5 billion for six months should be plenty.
https://seekingalpha.com/amp/article/4334345-delta-air-lines-better-positioned-to-shrink-american-united
https://seekingalpha.com/amp/article/4334345-delta-air-lines-better-positioned-to-shrink-american-united
Thread
Thread Starter
Forum
Replies
Last Post
