Any "Latest & Greatest" about Delta?
05-09-2013 | 05:37 AM
Gets Weekends Off
Joined: Oct 2012
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You're probably right, scoop.
Personally, I'm for more of a hybrid system like what UA/CO has. 88/90/319/320/737/738+717!!!! should all be on the same pay band... 321/739/757 is another logical band, the 767/753 could perhaps be another logical band, and then drop all the big dogs in the top tier one.
Someone is going to get very angry at what I just wrote. So, bring it on.
Personally, I'm for more of a hybrid system like what UA/CO has. 88/90/319/320/737/738+717!!!! should all be on the same pay band... 321/739/757 is another logical band, the 767/753 could perhaps be another logical band, and then drop all the big dogs in the top tier one.
Someone is going to get very angry at what I just wrote. So, bring it on.
Does it make sense to band the 739 with the 757 when the industry is not finished consolidating? Would doing so give WB expectations and as a result become an unintended consequence that would have a greater negative impact on pay, and progression than a few thousand dollars a year in pay differential as we see now?
05-09-2013 | 05:38 AM
Runs with scissors
Joined: Dec 2009
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From: Going to hell in a bucket, but enjoying the ride .
Lifted from the keyboard warriors on another site. LAX continues to add flights. It appears there are a few crumbs for the mainline folks as well. Congrats to those in the LAX base on the addition of a few more flights.
Delta is making more changes at LA.
New:
LAX-PDX 4x daily (CR9) starts 9/3
Added
Daily frequency on LAX-CMH(738) and LAX-IND(320). 8/20
2 more daily frequencies on LAX-SEA (all CR9) 9/3
LAX-BOS extended to 9/2 (73H)
LAX-MSY getting a 3rd daily flight 9/3(all 319)
LAX-TPA going to a morning flight again. 8/20 and going to 738 from 320)
With all the changes it puts Delta at nearly 120 flights per day.
two things, all this is in the Delta timetable and I tried to post times twice and anet crashed on me. So its someone elses problem now.
[Edited 2013-05-08 23:09:22]
Delta is making more changes at LA.
New:
LAX-PDX 4x daily (CR9) starts 9/3
Added
Daily frequency on LAX-CMH(738) and LAX-IND(320). 8/20
2 more daily frequencies on LAX-SEA (all CR9) 9/3
LAX-BOS extended to 9/2 (73H)
LAX-MSY getting a 3rd daily flight 9/3(all 319)
LAX-TPA going to a morning flight again. 8/20 and going to 738 from 320)
With all the changes it puts Delta at nearly 120 flights per day.
two things, all this is in the Delta timetable and I tried to post times twice and anet crashed on me. So its someone elses problem now.
[Edited 2013-05-08 23:09:22]
05-09-2013 | 05:42 AM
No longer cares
Joined: Mar 2008
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From: 767er Captain
I have been talking about something along this same vein as well. As was previosly stated on here, we have do do something with our pay methodology to account for the change from a final average earnings defined benefit to our current defined contribution time value of money system.
05-09-2013 | 05:53 AM
Runs with scissors
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From: Going to hell in a bucket, but enjoying the ride .
What we have now is a grossly underfunded (if you are in your 50's now) 401K "Savings Plan". It's not going to be nearly enough to retire on.
But hey look at the bright side, Delta is going to be buying back stock and paying shareholders a dividend with our ongoing One Billion per year pay cut and $5 Billion flushed DB retirement money, so we got that going for us!
05-09-2013 | 06:05 AM
Gets Weekends Off
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From: Permanently scarred
05-09-2013 | 06:41 AM
Line Holder
Joined: Nov 2009
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From: C560XL/XLS/XLS+
One thing did change, we don't HAVE a retirement anymore!
What we have now is a grossly underfunded (if you are in your 50's now) 401K "Savings Plan". It's not going to be nearly enough to retire on.
But hey look at the bright side, Delta is going to be buying back stock and paying shareholders a dividend with our ongoing One Billion per year pay cut and $5 Billion flushed DB retirement money, so we got that going for us!
What we have now is a grossly underfunded (if you are in your 50's now) 401K "Savings Plan". It's not going to be nearly enough to retire on.
But hey look at the bright side, Delta is going to be buying back stock and paying shareholders a dividend with our ongoing One Billion per year pay cut and $5 Billion flushed DB retirement money, so we got that going for us!
05-09-2013 | 06:47 AM
Gets Weekends Off
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From: Nice while it lasted
I put T on my ignore list (in fact, he is the only one on it) a couple of months before the vote but occassionally still see what he is writing.
05-09-2013 | 06:51 AM
Line Holder
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From: C560XL/XLS/XLS+
BTW Timbo, I agree that the stock buy back is disengenuous. I would much have preferred a 5 for 4, a 3 for 2, or a 2 for 1 stock split. The idea is to reduce the float and buy backs are a waste of cash. Look what happened last time they did that. I will agreee that we did lose about half our retirement in the termination. That's only if the PBGC doesn't go bankrupt. But I don't see that happening any time soon with the market at new highs every day.
05-09-2013 | 07:00 AM
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From: Desk
"The carrier said Wednesday it will restore its dividend, repurchase shares, continue to reduce debt and carefully manage capital expenditures, prompting JP Morgan analyst Jamie Baker to write in a report Wednesday that "any deployment of cash that benefits stakeholders and leaves less for manufacturers and pilots to pursue must be viewed positively.""
From "the street"
From "the street"
05-09-2013 | 07:05 AM
Gets Weekends Off
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From: Permanently scarred
Abu Dhabi: Deadline
Maybe it's just p!$$in' in the wind, but I have sent my representatives emails via the Call to Action website regarding the Abu Dhabi proposed U.S. customs facility. If you haven't already done so, or even if you have, another email couldn't hurt. I tried calling both my senators, but the calls just end up going to VM, where I left a message. It only takes a few minutes. Time is running out; no time like the present to get an email and phone call in.
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