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Originally Posted by acl65pilot
(Post 680249)
I like the way you think. Lots more to come.
Go do some digging and see what the rate was on that loan for AMR. It is not as good as what we got on our 1 billion that we refinanced last month. |
Originally Posted by NuGuy
(Post 680245)
That said, the JAL deal was a no-lose for DAL. Get JAL = Win, lose JAL = force AMR = win. Whatever happened, DAL still has a double digit percentage of the NRT traffic.
We have the strongest position without a Japanese partner, obviously. But that is not to say we have as strong as an alliance with a Japanese partner, huge market share (as for ANA and JAL), AND access to Haneda. |
I'm very curious as to other's opinions, and Slowplay I'd like your input too, especially as to potentially making this change happen contractually.
For those of us who are "Deadzoners" retirement is a huge issue. It seems to me that it is in our (individual) best interests to "max out" the IRS 415(c) limits. In other words, the IRS limits the maximum amount of tax deductible contributions to an individuals retirement account(s) and we should strive (if we are financially able to) to hit those limits. Right now DAL makes a contribution to our defined contribution plan and to our 401K as well. For 2009 the 415(C) limit is $49,000 I don't know any DAL pilot that will hit that mark. (Maybe a few very senior dudes.) What would be wrong with the notion that as individual pilots we could specify either a fixed dollar amount, or fixed percentage, per pay period so that we could as individuals take maximum advantage of the IRS rules and do the best we can to provide for our retirement? For the company it is a no cost issue (other than the administrative costs which should be minimal). Yet, due to "the magic of compound interest" this could be huge for us individually when we retire. I certainly hope that the defined contribution percentages are increased in our next contract, but as one who: a.) Hates paying taxes, and b.) wants to do all I can to fund my retirement, this seems like a good idea. What say you? |
Originally Posted by Wasatch Phantom
(Post 680280)
I'm very curious as to other's opinions, and Slowplay I'd like your input too, especially as to potentially making this change happen contractually.
For those of us who are "Deadzoners" retirement is a huge issue. It seems to me that it is in our (individual) best interests to "max out" the IRS 415(c) limits. In other words, the IRS limits the maximum amount of tax deductible contributions to an individuals retirement account(s) and we should strive (if we are financially able to) to hit those limits. Right now DAL makes a contribution to our defined contribution plan and to our 401K as well. For 2009 the 415(C) limit is $49,000 I don't know any DAL pilot that will hit that mark. (Maybe a few very senior dudes.) What would be wrong with the notion that as individual pilots we could specify either a fixed dollar amount, or fixed percentage, per pay period so that we could as individuals take maximum advantage of the IRS rules and do the best we can to provide for our retirement? For the company it is a no cost issue (other than the administrative costs which should be minimal). Yet, due to "the magic of compound interest" this could be huge for us individually when we retire. I certainly hope that the defined contribution percentages are increased in our next contract, but as one who: a.) Hates paying taxes, and b.) wants to do all I can to fund my retirement, this seems like a good idea. What say you? |
Procedural Changes for Departures/Arrivals at BKK
September 16, 2009 See the rest in your company email Time to "avoid" BKK What a bunch of crap:mad: Guess we can leave stuff in NRT but that's not the point Ferd |
Try SYD, now that is a mess!
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Originally Posted by Mesabah
(Post 680157)
Part of acquiring NWA was to gain access to better financing options through the MN banking sector if and when DAL needs it. AMR just took a loan at horrible interest rates to secure that liquidity. If DAL wants to move on fleet renewal, now is the time to do it.
None of us can find what the rate was, you must have stayed at a Holiday Inn Select last night.. Please do tell? Enquiring minds would like to know!:) AA |
Originally Posted by bigdaddie
(Post 680268)
It's going to be a higher rate. It was a jumbo loan.
AA |
Originally Posted by forgot to bid
(Post 679190)
My favorite is still: Tom Coughlin Retires From Family To Spend More Time With His Team.
The Giants Coach said he valued the years he spent with his family, but wants to focus on more important things now. "Major fire at wax museum results in numerous Danny DeVito statues" Carl |
I think it was nuguy that broke the code. UAL's 5th freedom rights isn't being discussed yet, but it must come up soon.
What are the pieces we know are in play or potentially - AA's jfk gates, USAir's dca gates, DAL's BOS terminal, USAir's mainline RJs, etc. What are the essential components for US carriers vis a vis Japan: DAL 5th freedom, UAL 5th freedom and now JAL. It is possible Haneda was Japans chip to get investors interested in JAL. Put yourself in the seat at the boardroom - which of those pieces are important to get? Which ones are you legally unable to get? Which are you able to play against a major competitor to make his life difficult? Can you live without one or all of them? Can they? Is DAL in a position of power here? What does Dal need to do to get into the power seat? I am interested in seeing where all of this goes. Its like we have a front row seat at the orgy of egos. Things are happening in this industry at the fastest pace I have seen in a long time. It doesn't add anything to my paycheck, but it is pretty rivetting stuff. Scambo |
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