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Old 09-05-2022 | 04:11 PM
  #371  
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Originally Posted by Gunfighter
Sailing, thanks for the pilot cost per block hour. Any chance you have that as a passenger seat mile metric. This is an important metric when considering WB vs NB rates.
How does one manage with that block hour cost and still managing a profit margin of 13-17%
sans covid?
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Old 09-05-2022 | 04:13 PM
  #372  
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Originally Posted by sailingfun
Here is a post from I think the same statement you made in the past. Please list at least the most onerous work rule changes the Moakies brought you in the recovery from the bankruptcy.
using the BK contract as a a baseline is silly.

Also, what were PMNW block hour costs?

Last edited by Giordano Bruno; 09-05-2022 at 04:28 PM.
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Old 09-05-2022 | 04:45 PM
  #373  
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Originally Posted by Giordano Bruno
Oh, you mean like TA1?

Considering negotiations have been on a regular schedule for months, I'd say whatever is happening now has survived "first contact" with the NMB just fine.

Our Section 6 position might not have changed in more than a year (I'll take your word for it), but the pilot compensation market sure has. I just hope the MEC adjusts our economic asks upward before the company accepts whatever our position is now as a win for them.

In fact, I bet if the company accepted our table pay rate position tomorrow, the mediator would say to us, "guys, this is a year old now, are you sure you don't want to make any changes?"

One thing is certain: you'll be negotiating against us no matter how much leverage we have. Thank goodness you only have one vote now.
I think you should ask your reps if we have even made a formal turn of the term sheet on Section 3. I don’t believe we have, which would run counter to all of your assumptions. I expect a big pay increase, but I won’t trade away my work rules to get it.

The anonymous swipe at the end is just sauce for the goose. You cannot win on the terms, so you try to make it about me. Thank you.
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Old 09-05-2022 | 04:48 PM
  #374  
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Originally Posted by boog123
How does one manage with that block hour cost and still managing a profit margin of 13-17%
sans covid?
The other revenue sources made that possible. Trainer, Delta Materials, the MRO, the AMEX deals.

In 2019, Delta only got 46 percent of its revenue from flying people and cargo from A to B.
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Old 09-05-2022 | 05:20 PM
  #375  
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The “I’ll control my own money” crowd sounds like the pension or the annuity crowd. You think for one second your going to punch out w untouchable retirement funds?
History proves different.
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Old 09-05-2022 | 05:32 PM
  #376  
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Originally Posted by TED74
I’m all ears. Where should I put $20-50k a year of taxable income to watch it grow not only 40%, but then also another 5-6%, and not just once but every year in perpetuity?

Real Estate. I would go on, but Gunfighter Johnson pretty much shacked it.




Originally Posted by First Break
So is your position that a professional, such as ourselves, should be on the hook in their off time to buy real estate, start a side gig, or otherwise find a wiz-bang (likely high risk) way to fund a reasonable retirement?

Have you forgotten that professional pilots used to show up to work, fly their trips, and 25 years later belly up to a 60% FAE retirement. No extra effort required.

Noone is saying we should have to have a side hustle, we're just saying that's what we want to do. The smart ones from back in the day did the same...that way when pensions went the way of the dodo, they weren't left with nothing. Among many other huge benefits, it's also a great hedge should I lose my medical. It's nice to already have a handful of income producing assets that would make my drop to disability pay a non-event. In essence, it's my plan B...if everything goes well, then great, I have an extra cushion of income and/or property to sell and add to my nest egg. If MBCBP truly is optional, then we're all happy, otherwise I'm certainly not fan.

Last edited by crewdawg; 09-06-2022 at 04:13 AM.
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Old 09-05-2022 | 05:33 PM
  #377  
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Originally Posted by dbrownie
The “I’ll control my own money” crowd sounds like the pension or the annuity crowd. You think for one second your going to punch out w untouchable retirement funds?
History proves different.
So blow it all on toys now? Done.
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Old 09-05-2022 | 05:46 PM
  #378  
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Originally Posted by Giordano Bruno
using the BK contract as a a baseline is silly.

Also, what were PMNW block hour costs?
Who cares. NW had the best profit margin, best % numbers of the top 5 consistently up until the merger. Thus, the most sought after management and merger partner when it all started. You’re welcome.
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Old 09-05-2022 | 05:57 PM
  #379  
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Originally Posted by sailingfun
Here is a post from I think the same statement you made in the past. Please list at least the most onerous work rule changes the Moakies brought you in the recovery from the bankruptcy.

In 2007 Delta’s cost per block hour for pilots was 470.00. In 2019 it was 1239.00. The 2019 cost was probably the highest pilot block hour cost at any airline world wide and did not include profit sharing which would have elevated us even higher. That’s the value of knocking out timely contracts that compound. You also have to understand the RLA and how it functions. It flat out blocks grand slams.
As to your assertion that other parts of the contract have been neglected the DC plan went from 9 to 16%. Sick leave went from 65 hours to 270. Reroute pay improved dramatically. Greenslips went from 150 to 200%. Restrictions on greenslips in months with training or vacation were removed. Reserve duty rigs were improved to match line holders. Reserve pay was increased from a flat 70 hours to a average of 76. We retained the best crew augmentation policies world wide while almost everyone else caved. We improved disability from 40 hours a month pay to 50%FAE including profit sharing and made it fully pensionable. We increased min layover times substantially. We added more reserve days off and obtained early release options. We added a average daily guarantee. We improved on duty guarantees after midnight. We added time limits for return to base on reroutes. We added a enhanced disability account. We increased vacation and training pay. Increased distributed training pay. The above is off the top of my head and probably about ⅓ of the improvements since bankruptcy. The work rule changes alone reduced our productivity 20% from 2007.
Why you choose to take the lowest pay in the history of airlines if beyond me. But you are constantly underselling the pilot group. But even at the 2019 block hour rate that means even on our lowest seat airplane our cost makes up under $12 per ticket on a 110 seat airplane... so cry me a river and raise that up to $24 per ticket...

Just stop trying to undersell the profession its people like you that have made this job horrible. No wonder airlines are having a hard time finding new people to staff themselves. Who wants to go through all the trouble only to be sold how over paid they are by people like you. When do you retire? I'll host a party 🥳
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Old 09-05-2022 | 06:11 PM
  #380  
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Originally Posted by Gunfighter
Sailing, thanks for the pilot cost per block hour. Any chance you have that as a passenger seat mile metric. This is an important metric when considering WB vs NB rates.
It's difficult to derive that metric, but here is where the data is from.
Aviation Data Project
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