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Old 10-24-2012 | 03:39 PM
  #113501  
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Originally Posted by Cycle Pilot
Delta pilots fly RJ's? To quote one of my recent Captains... "I don't want to fly RJ's." This was in response to me telling him that the 70 new large RJ's should be flown by Delta pilots. So to answer your question... No. They'll be flown by the regionals, of course.
Then don't bid it!

The current large RJ's are almost as capable as the B717.

717-200HGW -2060nm
ERJ175 - 2100nm

I got the data from Airliners.net

So if range is the definition of RJ, Delta is getting a bunch. I wonder if he'll bid it?

Have to get away from the thought process if it isn't Boeing, Douglas, or Airbus it isn't a worthy airplane. The mainline guys that I have had on our jump seat seem to have nothing but good remarks about the plane (other than the wages they are flown at).
Old 10-24-2012 | 03:59 PM
  #113502  
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Originally Posted by shiznit
Anybody see the Reuters story that said Trainer is supposed to make a $300 million yearly profit with a $16 crack spread?

It went on to say that the current Brent crack is roughly $20, and the Bakken is running about $42!

The gain is roughly $18.75 mil per dollar of crack.

$20 crack would yield $375 mil yearly
$42 crack would yield $787.5 mil yearly

If UAL wants to buy a refinery we should either buy it to capture the "20% domestic and whatever % international", or bid it up high so UAL massively overpays.

I dont know the rules vis a vis refining your own fuel, but IMO DAL also has the ability to remove state and federal tax from jet fuel burned in our aircraft, but will charge fed and state tax when sold to competitors.

Taxes are a big chunk of fuel cost. Couple that with hedging and directly buying from Bakken shale providers and you have a powerful money generator (or cost cutter).
Old 10-24-2012 | 04:07 PM
  #113503  
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Sooooo, where's the Advanced Entit....Displacement???
Old 10-24-2012 | 04:14 PM
  #113504  
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Originally Posted by TheWagman
Ed says about 3/4 of the way thru... Reducing the cost by reducing profit sharing.... Just rub it in a little more please.
Interesting that he made that comment considering the discussion we've had over the last couple days.

The reporter asked them directly "How are you going to afford that new pilot sontract?".

They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.

Ed pipes in and says flat out we can afford it because we reduced the profit sharing.
Old 10-24-2012 | 04:36 PM
  #113505  
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So does anyone else think it criminal that company's can declare bankruptcy right after placing record new aircraft orders. Then claim that worker salaries are not sustainable throw out their contracts because they can't cover the cost of doing business and turn around and announce they will expand to undercut another business.

Imagine if we all ran our home budgets like the dang Whitehouse runs our economy and these CEO's run their companies. Just buy anything you want then declare bankruptcy. rinse n' repeat.

American Airlines to Add 2,500 Pilots | NBC 5 Dallas-Fort Worth
Old 10-24-2012 | 04:37 PM
  #113506  
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Is/Are our pay increases based on current pay or based on pay at time of contract signning?...ie the 8.5% on the 1st is an increase in current pay rate...right?
Old 10-24-2012 | 04:38 PM
  #113507  
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Forgot to add the dirty trick of using this to get junior pilots to sign off on a crappy TA. There always seems to be a carrot in some form or another hanging over that trap.
Old 10-24-2012 | 04:40 PM
  #113508  
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Originally Posted by Check Essential
Interesting that he made that comment considering the discussion we've had over the last couple days.

The reporter asked them directly "How are you going to afford that new pilot sontract?".

They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.

Ed pipes in and says flat out we can afford it because we reduced the profit sharing.
Just curious, how much does the profit sharing reduction for pilots save Delta?

Considering that profit sharing above $2.5 billion is unchanged, the max profit sharing pool is currently 15% of that $2.5 billion ($375 million). At 10% the total pool becomes $250 million. That's $125 million max total savings. Pilots are about 1/3 of the payroll and profit sharing pool. That means the max savings is $42 million if the company made $2.5 billion.

Currently 1% of direct pilot pay is about $17 million, rolled up with benefits it's about $20 million (not including frozen pension funding). How does that math work out?

So the "big bucks" you have commented on are a maximum of $42 million. If Delta were to make a profit equivalent to last year it's about $30 million. Instead you're getting pay (whether we make a profit or not) that'll be over $220 million more than the previous year.

Even if Ed rolled all the profit sharing savings from the non-contract personnel into our pay, it doesn't cover the increase.
Old 10-24-2012 | 04:40 PM
  #113509  
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Originally Posted by GBU-24
Is/Are our pay increases based on current pay or based on pay at time of contract signning?...ie the 8.5% on the 1st is an increase in current pay rate...right?
Thats the way I read it. However I attended public schools so its up for interpretation
Old 10-24-2012 | 04:41 PM
  #113510  
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Originally Posted by GBU-24
Is/Are our pay increases based on current pay or based on pay at time of contract signning?...ie the 8.5% on the 1st is an increase in current pay rate...right?
Yes. The pay rates on January 1, 2013 are 12.84% higher than they were on June 30, 2012.
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