Any "Latest & Greatest" about Delta?

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07-08-2012, 07:46 AM

#105091

filejw

Gets Weekends Off

Joined APC: Mar 2006

Position: retired

Posts: 560

Quote:

Originally Posted by CVG767A

That's what I expect, as well. The FNWA guys are more likely to take it, given the fact that they have a pension. I'm expecting 200 or so mostly north guys to take the deal, and anticipate little or no trickle-down benefit to me.

The only folks I heard say they are going are FNWA that have pensions based on WB pay or are 63 or older . Not that many really. There may be 200 early outs but they will be spread out and not as high up the food chain as you think.Too many people that still enjoy the job as I do.One of the reasons I vote no on the TA. ALPA giving up 300 jobs to work rules when the company came to them is unforgivable to me.

07-08-2012, 07:54 AM

#105092

UncleSam

Everyday is a weekend!

Joined APC: Jul 2008

Position: Seasonal Help

Posts: 317

Quote:

Originally Posted by Pineapple Guy

How so? Do they get more than a pre-merger Delta guy?

All fDAL pilots lost their defined benefit plan with the bankruptcy. fNWA did not. fDAL pilots have a 401k & maybe something from the PBGC. So, yes, the answer to your question is that they will get significantly more.

07-08-2012, 08:06 AM

#105093

tsquare

No longer cares

Joined APC: Mar 2008

Position: 767er Captain

Posts: 12,109

Quote:

Originally Posted by Pineapple Guy

If you're really a 777A, you still got a significant PBGC benefit, a huge note/claim payout, AND get to work past 60 AND draw your PBGC benefit while you do it. Don't act like the fnw guys have it so much better.

mmmmmmmmaybe. My point above is that the fNWA guys can go out and blow the same amount of money each year as a fDAL guy, and he will ALWAYS.. until the day he dies.. get that same amount, because the tank is refilled. The fDAL guy does not (unless he invests well). If you are saying that the fDAL guy would have the same amount of money, then many should be gone, because they would effectively have gotten a complete DB payout with the claim/note.

Your comment about getting to work past age 60 was humorous to say the least..

07-08-2012, 08:15 AM

#105094

gloopy

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Joined APC: Jul 2010

Position: window seat

Posts: 12,522

Quote:

Originally Posted by Ferd149

Don't forget, NewK turns even average girls hot with his aura. So it just takes a little longer to work through the extra babes

Yes. I met NewK on an overight once. I think I have a pic.

Anyway nice guy. Right after that I met this really hot chick at the bar that no one else was flirting with and believe it or not she was all over me for the attention.

07-08-2012, 08:23 AM

#105095

scambo1

The Brown Dot +1

Joined APC: Jun 2009

Position: 777B

Posts: 7,775

Quote:

Originally Posted by orvil

Second time hell has frozen over. I agree with T-square. Life is just too good at the top of the food chain.

I agree too. I don't think it matters FDAL or FNW, if a pilot is setup to go and wants to go, the early ret plan offered is a good one. If he's a guard/reserve retiree, less so.

I think it will trickle down to whatever seniority wants and is eligible for it.

07-08-2012, 08:47 AM

#105096

Columbia

Gets Weekends Off

Joined APC: Aug 2010

Posts: 2,530

Quote:

Originally Posted by tsquare

They can if they put it in an annuity. If I had a full pension and retired today, I sure as heck wouldnt expect it to be guaranteed unti I die. Things can turn around quickly. Besides, isn't deltas pension obligations severely underfunded?

07-08-2012, 08:48 AM

#105097

Columbia

Gets Weekends Off

Joined APC: Aug 2010

Posts: 2,530

Quote:

Originally Posted by gloopy

Yes. I met NewK on an overight once. I think I have a pic.

Anyway nice guy. Right after that I met this really hot chick at the bar that no one else was flirting with and believe it or not she was all over me for the attention.

Which one is newK?

07-08-2012, 08:58 AM

#105098

finis72

Gets Weekends Off

Joined APC: Feb 2008

Position: 777 Sim Instructor

Posts: 745

Quote:

Originally Posted by Pineapple Guy

PG you can be a real a$$ sometimes. I never insinuated they have it better, I was only stating that I didn't think many 777A guys would take the package because of the way our retirement has evolved, it behooves us to stay. You are pre wired to the attack mode; chill dude !

07-08-2012, 09:03 AM

#105099

Pineapple Guy

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Joined APC: Apr 2008

Posts: 1,462

Quote:

Originally Posted by finis72

I never insinuated they have it better, I was only stating that I didn't think many 777A guys would take the package because of the way our retirement has evolved, it behooves us to stay.

Actually, you stated, "the program is really geared toward the senior fnw pilots". I simply asked how that was true, and you've now finally answered the question. The program is NOT geared toward the fnw guys in anyway. Rather, it is more attractive to them because of the difference in how each group's retirement plans have evolved.