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Originally Posted by Bucking Bar
(Post 1355309)
Sort of an in-service Peter Principle?
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Originally Posted by FIIGMO
(Post 1355123)
I am not a finance guy by any means, after all I went to state college and we know that is like going to high school twice!! But looking back at our relatively short history since BK, (not a TA debate at all) DAL pilots had a leg up on other legacies as far as pay and we did see progressive gains even before we signed the last TA. My question is, (when looking at current financials and assuming some static market conditions and economic principles) how will the financials look at AA and UAL when those new pilot costs kick in over the next few years? End term contracts do have some significant raises for those pilots, some as high as 40%. Given the fact that 2012 year end had us all very similar in terms of over all profit, the fact that UAL and AA have some pretty big making up to do compared to DAL (because of post BK and current TA pay raises) would it would be safe to say UAL and AA will be squeezed much harder than DAL as far as pilot costs?.......
Just askin! Depends on how you view the financials, USAIR made I think 650 million last year on about a third of the total revenue Delta has. We made about 1 billion. AMR has been making a operating profit and starting this year will see significant reduction in employee costs. Delta is going to see a increase. The combination of USAIR and AMR will be a powerful airline. |
Originally Posted by iaflyer
(Post 1355256)
Oh, so you're saying we got a 2% pay raise in 2011 and 2012? Great, I forgot to add that to my pay rates from those years, I'll have go back and add that in. :rolleyes:
My point is, that the 2% was a tax holiday for those two years, not an decrease in our payrates as of 1/1/13. |
I just got REALLY excited to see that Delta is back to hiring again!
Then I realized I was on page 1 of this thread... Good memories!:eek: |
Originally Posted by Bucking Bar
(Post 1355309)
Sort of an in-service Peter Principle?
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Originally Posted by Check Essential
(Post 1355307)
Unless you ask my wife. She thinks I'm frozen at age 12.
So here's a Kate Upton pic: http://i.cdn.turner.com/si/2012_swim...kate-upton.jpg |
Originally Posted by sailingfun
(Post 1355316)
Depends on how you view the financials, USAIR made I think 650 million last year on about a third of the total revenue Delta has. We made about 1 billion. AMR has been making a operating profit and starting this year will see significant reduction in employee costs. Delta is going to see a increase. The combination of USAIR and AMR will be a powerful airline.
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Originally Posted by 80ktsClamp
(Post 1355332)
I'm not so sure how powerful.... they pretty much just overlap each other, and all the strong points that are brought in are AMR's network. USair contributes very little to the merger network wise- they bring in a mgmt team that actually wants to run an airline.
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Originally Posted by 80ktsClamp
(Post 1355332)
I'm not so sure how powerful.... they pretty much just overlap each other, and all the strong points that are brought in are AMR's network. USair contributes very little to the merger network wise- they bring in a mgmt team that actually wants to run an airline.
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