Having spent some time nursing Y bombs,[Think Germany 60-61] If the human switch ain't flipped, they are just pig iron dropped among the folks, unlike A- weapons which had explosive dets. Leakage, yes, but controllable. Not so with the likes of a MK-7 A- weapon. Ahh,the atomic age...

Our guys said the EXACT same thing too during the roadshows. A portion of the profit sharing was being monetized as pay rates. This is nothing new.

so if we hadn't gone for a reduction in profit sharing then the pay raise wouldve been less... ouch.

Ouch indeed.

Carl

You guys are acting like this is some revelation. It has been widely acknowledged that about 2% of the 4/8.5/3/3 was monetized profit sharing.

When you consider that only 3 or 4 of the last 13 years have been profitable, it seems an okay trade. You are now getting that 5% profit sharing reduction, in the full amount, guaranteed every year.

But both of you already know this. Let's just whine a little more about something that the pilot group ratified...:rolleyes:

Carry on with your pessimistic pep rally guys - the sky is falling!

How do we figure 2% was monetized if profit sharing is a variable? Is it just 2% if Delta goes to a $3 and $3.5B profit while raises hold at 3%?

Now again for me pay was trumped by scope, but I'm in a minority there, but 4/8.5/3/3 was below a lot if not most expectations with a profitable company. Can't imagine what the number was before we sold scope and borrowed from profit sharing to get it up to 4/8.5/3/3 :eek:

FTB,

All due respect, but can you once again clearly explain to me how we sold scope? Scope was improved at the DCI level... Shoulda or woulda, " we can make mgt do this or that"were not options to vote on...Voting no was the only option and dealing with HUGE unknowns..... I have a lot of heart burn about the last contract... But DCI scope was not one of them... IMHO we tightened a lot of the DCI scope up... an rj is an rj.... 50 76 seats does not matter they were here they could have had more!!! Less DCI aircraft with less DCI pilots flying less Delta passengers....

FIIG

Plus improved joint venture language. Imagine for a second if we had bought the percentage of Virgin w/o it.....

Actually the KC-135 was/is a derivative of the B-707. KC-135 guys that got their ATP and could show their time in the KC were able to get a "Commercial Privileges" endorsement for the B-707/720 on their ticket. (I got one.) Once I got my first ATP Type (757/767), the "commercial privileges" was taken off and I now have a type the B-707/720.

Denny

Cost Neutral? I'd say after everything that has gone on since ratification, the contract has been cost positive, for management.

The PWA raises don't even come close to the regional rate reset and 9E savings from the scope swap.