Perspective....
04-03-2020, 06:45 AM
#1
Gets Weekends Off
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Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Perspective....
The Company has said we are burning thru approximately $5 billion a quarter...at least that’s what JL has indicated. If that continued for a year it would be $20 billion.
For perspective, according to the Pilot Contract History put out by Dalpa, LOA 46 saved the Company approximately $1 billion per year.....and we know how draconian those cuts were.
Conclusion........there is now way anything we give is going to impact what happens to Delta by more than a month or two.....and that’s being generous.
Denny
For perspective, according to the Pilot Contract History put out by Dalpa, LOA 46 saved the Company approximately $1 billion per year.....and we know how draconian those cuts were.
Conclusion........there is now way anything we give is going to impact what happens to Delta by more than a month or two.....and that’s being generous.
Denny
04-03-2020, 06:53 AM
#2
Gets Weekends Off
Joined APC: Mar 2020
Position: Retired
Posts: 101
Like 9-11 we're along for the ride.
They din't ask us for operational/financial/social advice in the past & they won't in the future.
You can guarantee that they will do whatever they can to cut our costs. With time they will realize how foolish they appear by not taking retirement & SIL actions like our peers at AA & UAL. Hopefully the speculation on FA leaves & how it relates to our SILs/retirement is true...
They din't ask us for operational/financial/social advice in the past & they won't in the future.
You can guarantee that they will do whatever they can to cut our costs. With time they will realize how foolish they appear by not taking retirement & SIL actions like our peers at AA & UAL. Hopefully the speculation on FA leaves & how it relates to our SILs/retirement is true...
04-03-2020, 07:54 AM
#3
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Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,026
With retirement attrition what it is now, I don’t see a retirement package being advantageous. They can just pay minimum line value and have the workforce to immediately move into the market come recovery time or they can pay roughly the same amount and have a large one time training churn that will probably not be in time for quick movement back into the global market.
04-03-2020, 08:02 AM
#4
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Considering we are fat on widebody pilots for the next few years, an early-out would mitigate some of the excess A's. The B's would still need to go to the schoolhouse.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
04-03-2020, 09:02 AM
#5
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Originally Posted by GogglesPisano
Considering we are fat on widebody pilots for the next few years, an early-out would mitigate some of the excess A's. The B's would still need to go to the schoolhouse.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
Isnt that redundant?
04-03-2020, 09:13 AM
#6
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Joined APC: May 2012
Posts: 1,418
Originally Posted by GogglesPisano
Considering we are fat on widebody pilots for the next few years, an early-out would mitigate some of the excess A's. The B's would still need to go to the schoolhouse.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
04-03-2020, 10:09 AM
#8
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Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,989
Originally Posted by GogglesPisano
The cost of each early-out has to be compared to the cost of several training events that each displacement would create.
04-03-2020, 10:56 AM
#10
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Joined APC: Sep 2013
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Posts: 5,812
Originally Posted by Bucking Bar
Smart (from management's perspective) would be a huge displacement with generous reinstatement rights. This isn't a one day 9/11 event with security protocols we understand.
1) Bare bones widebody staffing.
2) Slightly smaller 320/73N fleet.
3) 88's/90/s/757's and ER's gone.
4) Some expensive 717's gone.
5) 220's are here to stay for the long-term
In light of this I would expect a massive displacement bid with the ability (need my lawyer here) to lessen the displacements within a year if things aren't so dire. I'm sure they can simply publish other AE's during that year to reinstate.
I think Ed is right: it's going to take a vaccine before a lot of people are willing to cram themselves into an airplane (or train, subway, bus, monorail, club, concert hall, stadium ...) And a vaccine is 12-18 months away.
I think we should be following LH's lead and carrying cargo in the cabin.
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