Turbo1

Those that ignore history are doomed to repeat it. Enjoy the same drubbings that we endured 30+ years ago. Try not to act surprised.

crewdawg

As former mil, that would be surprising as I have yet to hear that from a single mil pilot I know. Maybe just my little corner that understands. Most of the guys I hear that say that, are the ones who hate alpa and don't understand the bolded part below. However, I would say we're not in the middle class, as we fall in the upper class. Some even hit the top 1%, with many falling in the top 5% and nearly all in the top 10%.. Depending on whose numbers you believe, even most newhires can make it into the upper class in year 1.



Back the topic at hand, I think a it would be a great thing to publish the history of PS. It doesn't hurt to understand where it came from and how we got to where we are today. It would be interesting if they run the numbers had we not given up some of the PS formula

Meme In Command

We need Flying the Line Vol. 3 to drop. There's a lot of history to be learned from everything that's happened post-9/11


And I hear the anti-union talk from dudes in my unit all the time. Unfortunately we're army so not the tastiest crayons in the box...

sailingfun

Short Story, Delta was in deep trouble. We had a BOD and CEO that did not want to file chapter 11 because they were awash in millions of stock options that would become worthless. We waited far to long and were dangerously low on cash. We were negotiating against both the company and the creditors. We had some pretty savvy union leadership that knew more cuts were coming one way or another. Since they felt the cuts were going to happen they pivoted to a demand for a cash note, equity in the company and a share in future profits. Airlines never made more than a 5 or 6% margin even in the good times so the PS didn't look to bad to the company and creditors. As the chapter 11 evolved we also got caught up in a hostile takeover attempt where the aquiring company upfront promised at a minimum to furlough 25% of our pilots and park the entire mad dog fleet. Times were not good!
Many on forums then said the equity and PS were and in the future would be worthless. The note was paid at 650 million. The equity was cashed out at 2.1 billion and Delta went from the worst airline around to the top of the industry, leading to unheard of profit sharing payments. Management can't stand the current PS program but it's a third rail they are afraid to touch! It's their Frankenstein and they own the monster.

StoneQOLdCrazy

And therein lies the total lack of honesty, when Bastian and the PR team go marching around the country taking bows for a program they hate and would do away with the moment they could. What a slimebag.

tcco94

We are really arguing about our dues spent on what probably took an hour to type and send an informative history on profit sharing for the pilot group? Lol…

Viper25

Couldn't agree more. Was thinking about this recently. Unfortunately, I am not sure who would take on such a task and do it as well as the original author, who I just learned passed away last year.

https://www.pjstar.com/obituaries/pils0583758

Also, there has got to be some way that DALPA can mass disseminate the PS history lesson to the other work groups.

Valar Morghulis

What mechanism would you propose to do this? And even if you could, why would they care?

DWC CAP10 USAF

Non rev FB page should work just fine…😎

Bait

maybe the same way some random financial advisor got my cell number to “help me out” with all the new items in our contract?