1721
#421
Gets Weekends Off
Joined: May 2012
Posts: 1,418
Likes: 0
Go back further manno...
2001 767er rate of $234
adjust for 2.5% api over 19 years=$374
Does anyone need another arithmetic lesson? We are FAR behind that. Yet Delta was making record profits. Buying back billions in stock. And wouldn’t meet us at the table... paint your own picture.
2001 767er rate of $234
adjust for 2.5% api over 19 years=$374
Does anyone need another arithmetic lesson? We are FAR behind that. Yet Delta was making record profits. Buying back billions in stock. And wouldn’t meet us at the table... paint your own picture.
Also, inflation has not been 2.5% - somewhat less. Using an inflation calculator $234 in 2001 is ... $334.
#422
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 188
The 330 is the new 767ER. At $334-339 an hour it’s not too far behind. If we had not asked for a ridiculous $12B contract increase we would have surpassed those rates. Even on the soon to be retired 767ER.
Also, inflation has not been 2.5% - somewhat less. Using an inflation calculator $234 in 2001 is ... $334.
Also, inflation has not been 2.5% - somewhat less. Using an inflation calculator $234 in 2001 is ... $334.
Last edited by sailingfun; 09-24-2020 at 01:19 PM.
#423
#424
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Joined: May 2012
Posts: 1,418
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I did ask my reps many times what our ask was and was never told. I only have rumors to go by. I heard $3B a year increase. No? $3B cumulative for the whole thing?
#425
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Joined: Dec 2019
Posts: 193
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How do you explain the company waiting far longer than most felt it should prior to filing bankruptcy? In fact they waited so long Delta was dangerously short of cash. It is also hard to explain Mullins taking the bulk of his compensation in stock options that would become worthless in any bankruptcy filing. Not to mention taking a company into chapter 11 is rarely a good thing on a resume. Mullins has never held any job of consequence since. If it was all a plan you would also think the company would not have fired him and instead let him lead the company through the process.
His war of attrition on US Airways was a miserable failure. He completely discounted the reality that the airlines are heavily regulated and politics are a wild card that can keep airlines on life support. US Airways was not going to go away. The massive irony is Mullins was one of the top cheer leaders for the ATSS Act after 911. Delta never applied for the bailout loans. You could argue perhaps because he knew he was going to bail and the loans had ties on exec compensation and golden parachutes. America West is ultimately saved by the loans advocated for by Mullins and Parker merges them with a BK US Air. The circle of life.
#426
Gets Weekends Off
Joined: Jan 2010
Posts: 857
Likes: 0
From: Representing the REAL Delta
The 330 is the new 767ER. At $334-339 an hour it’s not too far behind. If we had not asked for a ridiculous $12B contract increase we would have surpassed those rates. Even on the soon to be retired 767ER.
Also, inflation has not been 2.5% - somewhat less. Using an inflation calculator $234 in 2001 is ... $334.
Also, inflation has not been 2.5% - somewhat less. Using an inflation calculator $234 in 2001 is ... $334.
#427
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Joined: Feb 2008
Posts: 20,869
Likes: 188
The ask was about 3 billion a year and that was right at 200,000 per pilot. Hence the mediation. I am not sure if that amount was first or last year of the contract. After running some numbers it almost had to have been the final year. If the union wants to galvanize the pilot group and the ask was a more reasonable number they should release it. It’s going to come out one way or another.
#428
Gets Weekends Off
Joined: Dec 2017
Posts: 2,903
Likes: 96
The ask was about 3 billion a year and that was right at 200,000 per pilot. Hence the mediation. I am not sure if that amount was first or last year of the contract. After running some numbers it almost had to have been the final year. If the union wants to galvanize the pilot group and the ask was a more reasonable number they should release it. It’s going to come out one way or another.
#429
Gets Weekends Off
Joined: Feb 2008
Posts: 20,869
Likes: 188
Clearly its already been leaked to you. *Shrug*. If it gets us to mediation faster and a contract faster then ask for 5 billion more next time. I was pretty excited to get mediation started, rather than dragging this crap out. If Covid hadn't happened we'd probably be within a year of a contract right now.
"Traditionally, both sides start by exchanging unrealistic proposals that unreasonably raise people's expectations," she said. "Moving to what I call the 'zone of reasonableness' takes a long time and uses up lots of energy. With interest-based bargaining, both parties start in that zone of reasonableness and stay there. They focus on solving problems -- not wish lists -- and the discussions tend to be much more fruitful."
Last edited by sailingfun; 09-25-2020 at 05:15 AM.
#430
Doing Nothing
Joined: Aug 2010
Posts: 1,316
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Clearly its already been leaked to you. *Shrug*. If it gets us to mediation faster and a contract faster then ask for 5 billion more next time. I was pretty excited to get mediation started, rather than dragging this crap out. If Covid hadn't happened we'd probably be within a year of a contract right now.


