Any "Latest & Greatest" about Delta?
05-29-2012, 06:24 PM
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Originally Posted by forgot to bid
Second, what is the protection against pump and dump under the TA?
Pump with 717s, add jumbo RJs, and then dump other mainline aircraft?
Pump with 717s, add jumbo RJs, and then dump other mainline aircraft?
All the protection you could ever ask for.
05-29-2012, 06:27 PM
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Originally Posted by tsquare
I never said they have to park 76s. They have to cut utilization of them iaw the block hour ratios if they start parking mainline aircraft. IT is a good protection that we do not have now.
DCI 450 will give them a 1.554 ratio* if our block hours never change, meaning a 1:1 replacement of something mainline for 717s. And I'm sure if we got the actual numbers not rounded, we can find another .001 to kick that to 1.56.
That's not protection, that's letting them trim the unwanted fat of CRJ-200s at DCI for something they really want, lots more jumbo RJs.
Which I know is a cut in capacity overall, but remember this headline from this month...
Airline Stocks Tumble After Delta Air Lines Trims Capacity More Than Expected DAL UAL RYAAY - Investors.com
Delta, Joint Venture partners announce deep capacity cuts - USATODAY.com
Nothing has to be shifted. I think we lose when we get rid of mainline hull counts in the equation.
*alfa's math problem.
05-29-2012, 06:33 PM
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Originally Posted by acl65pilot
Ok ,but is there a ROI on trading 70's for 76 seat aircraft? That in itself is self limiting.
I don't think they thought through the ROI question on sending back newish 70 seaters for new 76 seaters.
Good thing the TA gave them relief on that.
05-29-2012, 06:35 PM
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Originally Posted by 1234
I am sorry Carl, but you will get that DC beginning in 2014, so there is only one more year that you will not be getting the DC due to the fact that we "saved the pension" and you were full.
Originally Posted by 1234
Just out of curiousity, how much is your frozen pension per year and how much of a lump sum benefit do you have?
Carl
05-29-2012, 06:36 PM
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Originally Posted by tsquare
OK ya'll.. I am done with this. You have obviously made up your mind based on what you are willing to look at and the 76 seats.. You win.. Vote no, and I will cancel out 1 vote.
I will be able to say "I told you so" when this is over.
Bye
I will be able to say "I told you so" when this is over.
Bye
05-29-2012, 06:37 PM
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I hate black socks.
05-29-2012, 06:43 PM
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Originally Posted by 1234
I am sorry Carl, but you will get that DC beginning in 2014, so there is only one more year that you will not be getting the DC due to the fact that we "saved the pension" and you were full. Just out of curiousity, how much is your frozen pension per year and how much of a lump sum benefit do you have?
Originally Posted by tsquare
I'd put the chances of Carl honestly answering that at slightly less than the congress passing a budget in Obama's first term..
Nice try though.
Nice try though.
Originally Posted by Carl Spackler
OK, whether it's 2014 or 2015 the fact is that I don't get it now and haven't for a number of years. I wouldn't have even brought it up had you not referenced me personally as geting XX in pay and 40,000 a year in dc payments. You used that premise to then ask me a question. I felt it only proper to remind you that your premise was wrong. There are many junior folks that I fly with who are thankful we on the top half are giving all our dc payments to the bottom half, others flat-out tell me to my face that I should be giving more. Regardless, water under the bridge and will be until 2014 or 2015. I was only trying to be accurate and honest in response to the question that you were posing.
My final average earnings when it was frozen was just under 20K per month. With freeze, we went from 60% of final average earnings to 50% FAE. That puts my monthly pension at age 60 at just under 10K per month...if it's not terminated by then that is. If I stay all the way to 60, then about 1500 per month of that pension is available to be had as a lump sum as opposed to monthly payments. I've heard the lump sum for this is about 100K, but I won't know until I retire at 60.
My final average earnings when it was frozen was just under 20K per month. With freeze, we went from 60% of final average earnings to 50% FAE. That puts my monthly pension at age 60 at just under 10K per month...if it's not terminated by then that is. If I stay all the way to 60, then about 1500 per month of that pension is available to be had as a lump sum as opposed to monthly payments. I've heard the lump sum for this is about 100K, but I won't know until I retire at 60.
05-29-2012, 06:43 PM
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05-29-2012, 06:47 PM
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Originally Posted by seamonster
I have not been reading the forums over the holiday weekend but would like to through something into the pot. In my extended family, I have some people on the management side of labor, big business and not applebees. I showed them parts of the TA and the change from our old contract. They laughed at how little we receive with the leverage we had. They had been casually reading about the Delta news for awhile, because I am a pilot with Delta.
Before all of the YES voters go running to the polls. Talk to people who are not in aviation, both in management and labor. They will give you the correct reality check. Management wins BIG with this one and we, as Mongo would say,” are just pawns in where choo choo go”
Before all of the YES voters go running to the polls. Talk to people who are not in aviation, both in management and labor. They will give you the correct reality check. Management wins BIG with this one and we, as Mongo would say,” are just pawns in where choo choo go”
Carl
05-29-2012, 06:55 PM
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Originally Posted by forgot to bid
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