No, not really. I happen to think its the best source of info for DAL pilots. That's why I check it out every day.:p

I second that. I find out stuff here, then go into the CPO and have them fess up. It's great.

I'm just wanting our own forum not just a multiple paged posting since I don't get on here every hour of the day. Maybe 'Major' could be split up to have Delta, American, United, CAL, USAir. That would be cool!

Seriously?

That's actually a really good idea. You should run that by some of the mods.

Wow. 10000+ posts over 1023 pages.

It was TIC. But we will see how the week turns out. Tomorrow is the 15th, half way through this week.

I will tell you that there is a ton that is in the works. A lot of it is coming together.
I personally think that if/when this stuff sees the light of day many people will be impressed.

Wasatch,

That's not true. From ADC Dispatch 07-09: "...under the Model, a pilot’s forward projected and annuitized age 60 MPPP benefit and PBGC benefits (based on a Model-defined PC-5 benefit as described in this Dispatch and PC-3/PC-4 benefits) are subtracted from the approximate qualified benefit to identify a Model-defined net lost approximate qualified benefit (nLABq)."

Sounds to me like they figured out what they thought each guy'd get from the PBGC and MPPP and allocated the note to cover each guy's loss.

That's not accurate, there was a distinction. Estimated PC-3 and PC-4 benefits were part of the equation in the note model as were PC-5 redistributions.

From the Executive Summary of ADC Dispatch 07-09:

"Next, under the Model, a pilot’s forward projected and annuitized age 60 MPPP benefit and PBGC benefits (based on a Model-defined PC-5 benefit as described in this Dispatch and PC-3/PC-4 benefits) are subtracted from the approximate qualified benefit to identify a Model-defined net lost approximate qualified benefit (nLABq). This amount is actuarially converted to a “present value” based on a pilot’s age and Model-assumed discount rates. This present value is defined as the pilot’s nLABq allocation."

Further on in the Dispatch it states:

"The nLABq, then, is called the “net lost approximate qualified benefit” based on FAE up to $205,000 and years-of-service under the Plan as of December 31, 2004, and after considering PBGC benefits and the Model-defined MPPP benefit offset. PBGC benefits will consist of PC-3, PC-4 and PC-5 benefits."

The amount of PC-5 money left over for distribution was conservatively based on the PBGC getting 45 cents on the dollar for their claim. If they got more, than the PC-5 redistribution will be greater than the ADC model, likewise, if they got less (ALPA got 60 cents) than the PC-5 redistribution will be less.

What about all of this stuff about Embraer and Delta talking (since last year evidently) about a larger than E195 aircraft?

If Delta sat down with Embraer I'm sure they did it with Bombardier. Either way.

Some rumors are about Embraer working with Boeing, don't flame me, just repeating. From what I was told by Embraer reps is that there were former Boeing engineers that designed the 145 and then Ejet. Also, the labor costs in Brazil are not only 1/3 the cost over Renton/Everett but they are some of the most sought after technology jobs in the country. So I wonder if Boeing would find it attractive to concentrate on its current designs and widebodies and work with Embraer over doing an aircraft in Washington St.