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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

texavia 06-14-2012 04:58 PM


Originally Posted by slowplay (Post 1212191)
yeah, 7 years, 1310 furloughs, 42.5% pay reduction, pension termination....they work out in the long term. I hope that you're smart enough not to help yourself into that career model.;) of course, when you're hired at 25 you have time to "recover.":eek:

wacka-doodle-doo!!!!!!!!!!

acl65pilot 06-14-2012 05:06 PM


Originally Posted by dalad (Post 1212102)
There will be a widebody RFP in the 3rd quarter, also some interest in another carriers 777-300's.

Yep, but only if they can get financing to do something else first. Oh wait, psst, what's that? Leverage?:rolleyes:

Just joshin ya.

acl65pilot 06-14-2012 05:08 PM


Originally Posted by DAL4EVER (Post 1212126)
I wouldn't be so sure about that. We all want to believe that the company will sweeten the pot if we just vote no. But the reality is they spent a lot of time and resources defeating every other major union on the property. To merely capitulate to us because we vote no and then give us more would be huge ammunition to the other employee groups to reunionize. After all, look what happened to the pilots? They got more by beating the company. This is in no way a declaration to change somebody's well thought out No vote. I just don't believe RA, EB and boys are going to say "Yeah you're right boys, we just wanted to see what you would do. Here are the improvements you really want." I think there is a lot more at stake if they should give us something better. Not saying they won't. Just saying don't count on it.

Maybe. An acquisition that comes with labor will not just be pilots, and guess what? Most of those are unionized anyway. Going to have to go though all that stuff one way or another once again.....

80ktsClamp 06-14-2012 05:34 PM


Originally Posted by slowplay (Post 1212191)
Yeah, 7 years, 1310 furloughs, 42.5% pay reduction, pension termination....they work out in the long term. I hope that you're smart enough not to help yourself into that career model.;) Of course, when you're hired at 25 you have time to "recover.":eek:

Outsourcing more jumbo RJ's to replace airplanes that are almost timed out and that 1% DC is really going to help your recover yours, isn't it?

sailingfun 06-14-2012 05:36 PM


Originally Posted by 80ktsClamp (Post 1212163)
And now we have 10 more than that!

See, things work out in the long term. :)

Or we would have 26 now instead of 18.

80ktsClamp 06-14-2012 05:43 PM


Originally Posted by sailingfun (Post 1212247)
Or we would have 26 now instead of 18.

We would already have more 777s if they really wanted them... there have been a number of them on the used market that they haven't jumped on.

Methinks waiting until debt is down for better rates...

Not to mention the capacity restraint addiction.

iceman49 06-14-2012 05:50 PM


Originally Posted by sailingfun (Post 1212148)
We have said no before. We said no on the 777 rates. The company promptly sold the last 8 aircraft on firm order and marketed the 8 on the property for sale. In the end we came down to basically their original offer however lost half the airframes.

Sailing...perhaps turning back the aircraft had to do more with the economy and bills coming due in 2005. Wasn't it in the fall of 2005 that both DL and NW went bankrupt, sounds like turning back the 777s was going to happen anyway and it was easier to blame it on the pilots.


Delta Cuts Back on Jet Order to Save Money
By MICHELINE MAYNARD
Published: February 11, 2004

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Delta Air Lines, which is on an aggressive cost-cutting drive, said yesterday that it would not add five Boeing 777 long-range jets to its fleet over the next two years as it had planned to do.

The action is the latest in a series of moves announced by the airline, which is struggling to be profitable amid a stiff challenge from low-fare airlines. Delta, the industry's third-biggest airline, behind AMR's American and UAL's United, is trying to keep up with cost cuts by rivals.

Delta, based in Atlanta, said it would defer the delivery of two Boeing 777-200 jets to the second half of 2005 from the first half, and then sell them. It also said that it would not keep three 777 jets that it has ordered for delivery in 2006. Delta said it would either sell those jets or exchange them for other Boeing aircraft. It did not say which aircraft it might buy instead.

The airline said that it would continue to operate the eight Boeing 777 jets in its fleet and that it was pleased with their performance.
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Delta said the move could ultimately reduce its capital spending $300 million if it is able to find buyers for the planes. The Boeing Company had no comment.

The action was the first time an airline had changed an order with Boeing since Continental Airlines canceled plans in 2003 to buy Boeing 757 medium-range jets. It decided to take the smaller Boeing 737 instead.

Boeing will end production of the 757 this year. It plans to replace the 757 and its sister jet, the 767, with a new aircraft, the 7E7, which it recently put on sale. Boeing has yet to receive firm orders for the 7E7.

Delta's chief executive, Gerald Grinstein, who took office on Jan. 1, has ordered a top-to-bottom review of the airline to find ways it can save money and streamline its operations.

Delta's announcement came five days after the airline said it would curb its expansion plans at Song, its low-fare airline. Song, which planned to add a number of flights from Kennedy Airport this year, said it would add only two. Song also said it would discontinue service between Washington Dulles International Airport and Orlando, Fla., in April.

In addition, Delta said on Friday that that it had privately placed $325 million in convertible senior notes with an unidentified institutional holder, thought by analysts to be Morgan Stanley.

Last year, Delta began talking with its pilots' union about proposed contract concessions, which Delta says would bring its wages and benefits closer to those at American and United. Both have won cuts from their unions over the last year, United under Chapter 11 bankruptcy protection and American by threatening to file for bankruptcy.

But two weeks ago, Delta's pilots said hope was fading for a deal before their contract runs out in 2005. Delta wants a 30 percent cut in wages. Pilots said they would accept a 9 percent cut and give up a 4.5 percent increase scheduled this year.

Delta's pilots said they might wait until the normal start of negotiations, planned for later this year, to hold further talks with the airline.

acl65pilot 06-14-2012 05:55 PM


Originally Posted by iceman49 (Post 1212255)
Sailing...perhaps turning back the aircraft had to do more with the economy and bills coming due in 2005. Wasn't it in the fall of 2005 that both DL and NW went bankrupt, sounds like turning back the 777s was going to happen anyway and it was easier to blame it on the pilots.


Delta Cuts Back on Jet Order to Save Money
By MICHELINE MAYNARD
Published: February 11, 2004

Sign In to E-Mail
Print

Delta Air Lines, which is on an aggressive cost-cutting drive, said yesterday that it would not add five Boeing 777 long-range jets to its fleet over the next two years as it had planned to do.

The action is the latest in a series of moves announced by the airline, which is struggling to be profitable amid a stiff challenge from low-fare airlines. Delta, the industry's third-biggest airline, behind AMR's American and UAL's United, is trying to keep up with cost cuts by rivals.

Delta, based in Atlanta, said it would defer the delivery of two Boeing 777-200 jets to the second half of 2005 from the first half, and then sell them. It also said that it would not keep three 777 jets that it has ordered for delivery in 2006. Delta said it would either sell those jets or exchange them for other Boeing aircraft. It did not say which aircraft it might buy instead.

The airline said that it would continue to operate the eight Boeing 777 jets in its fleet and that it was pleased with their performance.
Ads by Google

Delta said the move could ultimately reduce its capital spending $300 million if it is able to find buyers for the planes. The Boeing Company had no comment.

The action was the first time an airline had changed an order with Boeing since Continental Airlines canceled plans in 2003 to buy Boeing 757 medium-range jets. It decided to take the smaller Boeing 737 instead.

Boeing will end production of the 757 this year. It plans to replace the 757 and its sister jet, the 767, with a new aircraft, the 7E7, which it recently put on sale. Boeing has yet to receive firm orders for the 7E7.

Delta's chief executive, Gerald Grinstein, who took office on Jan. 1, has ordered a top-to-bottom review of the airline to find ways it can save money and streamline its operations.

Delta's announcement came five days after the airline said it would curb its expansion plans at Song, its low-fare airline. Song, which planned to add a number of flights from Kennedy Airport this year, said it would add only two. Song also said it would discontinue service between Washington Dulles International Airport and Orlando, Fla., in April.

In addition, Delta said on Friday that that it had privately placed $325 million in convertible senior notes with an unidentified institutional holder, thought by analysts to be Morgan Stanley.

Last year, Delta began talking with its pilots' union about proposed contract concessions, which Delta says would bring its wages and benefits closer to those at American and United. Both have won cuts from their unions over the last year, United under Chapter 11 bankruptcy protection and American by threatening to file for bankruptcy.

But two weeks ago, Delta's pilots said hope was fading for a deal before their contract runs out in 2005. Delta wants a 30 percent cut in wages. Pilots said they would accept a 9 percent cut and give up a 4.5 percent increase scheduled this year.

Delta's pilots said they might wait until the normal start of negotiations, planned for later this year, to hold further talks with the airline.

Narco posting. :eek:

trico 06-14-2012 05:58 PM


Originally Posted by sailingfun (Post 1212247)
Or we would have 26 now instead of 18.

How anyone could still believe that what we do has any bearing on the company's widebody decisions is beyond me.

trico 06-14-2012 06:07 PM


Originally Posted by dragon (Post 1212131)
But on the other hand, we've never said no to them before. That has ramifications to how big of an initial "Best Deal" we were given. I think DAL Pilots saying no would send some shock waves.

Not gonna happen though. We'll vote this puppy in.

Good puppy reference - we are definitely lap-dogs. Some of the guys on here get that hind leg windmill thing going when mgt. scratches behind their ears:)


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