With oil possible that low, we want guarantees that the 50 seat numbers will go LOWER. Also, lower oil would mean more profits potentially, meaning more profit sharing potential. That supposed cut of 5% from 15% to 10% under 2.5 billion wouldn't even be a player if profits climbed north of $2.5 billion. Hello 20% profit sharing!

06-04-2012 | 04:20 AM

#102782

crewdawg52

Gets Weekends Off

Joined: Jan 2006

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From: Right Seat 744

Quote:

Originally Posted by Bill Lumberg

With oil possible that low, we want guarantees that the 50 seat numbers will go LOWER. Also, lower oil would mean more profits potentially, meaning more profit sharing potential. That supposed cut of 5% from 15% to 10% under 2.5 billion wouldn't even be a player if profits climbed north of $2.5 billion. Hello 20% profit sharing!

Very nice spin job Bill. But if we are getting 15% of up to $2.5B, and with the TA, we get 10% of up to $2.5B, thats a 33% CUT in profit sharing as I'm sure you know but refuse to believe it.

And besides, wasn't one of the things the NC stated was that pilots wanted "guaranteed money"? With oil that low, dont you think we should try to renegotiate?

Probably not..............

06-04-2012 | 04:27 AM

#102783

scambo1

The Brown Dot +1

Joined: Jun 2009

Posts: 7,775

Likes: 0

From: 777B

Quote:

Originally Posted by Bill Lumberg

With oil possible that low, we want guarantees that the 50 seat numbers will go LOWER. Also, lower oil would mean more profits potentially, meaning more profit sharing potential. That supposed cut of 5% from 15% to 10% under 2.5 billion wouldn't even be a player if profits climbed north of $2.5 billion. Hello 20% profit sharing!

"Supposed"????

And contrary to some talking head article, oil is only tracking down with the broader economy. Oil will find support when the S&P finds support, then it will track back up with the S&P.

06-04-2012 | 04:34 AM

#102784

forgot to bid

veut gagner à la loterie

Joined: Apr 2008

Posts: 23,286

Likes: 0

From: Light Chop

Quote:

Originally Posted by DogWhisperer

Ode to FTB

There it is!

06-04-2012 | 04:40 AM

#102785

forgot to bid

veut gagner à la loterie

Joined: Apr 2008

Posts: 23,286

Likes: 0

From: Light Chop

Tokyo Stocks Hit 28-Year Low Amid Global Rout...
FUTURES...
World markets battered...
Euro Zone Nears Moment of Truth on Staying Together...
SOROS WARNS: 3 MONTHS...
Spain Seeks United Effort on Banks; Pressure Builds on Merkel...
The week Europe stopped pretending...
Retirement Age '80' After Crisis?
Wall Street Week Ahead: Torn between bulls and bears | Reuters

That all points to growing our fleet.

06-04-2012 | 04:41 AM

#102786

crewdawg52

Gets Weekends Off

Joined: Jan 2006

Posts: 946

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From: Right Seat 744

.....deleted.....

06-04-2012 | 04:49 AM

#102787

crewdawg52

Gets Weekends Off

Joined: Jan 2006

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From: Right Seat 744

March 4, oil at $105 a barrel. June 4, oil at $82. Think I read somewhere that DAL saves $100 million on fuel costs for every $1 drop in the cost of a barrel.

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil Charts | Oil Price Forecast

You do the math.

06-04-2012 | 04:54 AM

#102788

Bill Lumberg

Banned

Joined: Jul 2006

Posts: 2,007

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From: Space Shuttle PIC

Quote:

Originally Posted by crewdawg52

That's called PROFIT SHARING baby!

06-04-2012 | 05:01 AM

#102789

Superpilot92

Underboob King

Joined: May 2005

Posts: 4,412

Likes: 0

From: Guppy Commander

Quote:

Originally Posted by gloopy

I bet Lorenzo faps to that picture.

06-04-2012 | 05:27 AM

#102790

mynameisjim

Gets Weekends Off

Joined: Jan 2009

Posts: 354

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Quote:

Originally Posted by crewdawg52

Thats the real reason Delta wants a quick agreement. They know you won't accept the 33% reduction in profit sharing in a year or two when profits are up.