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-   -   Any "Latest & Greatest" about Delta? (https://www.airlinepilotforums.com/delta/36912-any-latest-greatest-about-delta.html)

Al Czervik 02-16-2014 05:18 PM


Originally Posted by Timbo (Post 1583149)
Well...in C2012 we gave up 33% of our profit sharing money, just to bring a bunch of 50 seat RJ flying 'in house', to the 717. No Old Guy already at Delta is going to bid the 717, but they are hiring RJ pilots right now to fly them.

C2012 didn't do squat for my retirement funding, or any other old guy's retirement plan, so I guess we'll have to stay to 65....:rolleyes:

I already paid for Scope once, in 1993, when I was bumped off my MD88 Capt. seat and I was replaced by an RJ Capt. Now I've paid for scope again.

Oh, and what do you think helped put Delta into bankruptcy?

Could it be the debt that Leo the CEO ran up buying 500 RJ's?

The "Old Guys" 42% pay cut and lost retirement funding has been paying that debt off too.

That was my point as well.. Senior "old guys" have to make up financially for lost time. I don't see a long term investment to bring scope back by some of the more senior guys (which I understand).

Purple Drank 02-16-2014 05:33 PM


Originally Posted by Bucking Bar (Post 1583112)
, our survey results are SHOW ME THE MONEY!


First: 4833 is hardly money worth showing anyone. Especially factoring in the profit sharing giveback and our increased health care costs (just for starters).

Second: how did you get to see the survey results? No one I talk to has seen them. Can you please post them?

C12 was (is) a strategic failure on many levels; there's no way around it.

GunshipGuy 02-16-2014 05:35 PM


Originally Posted by Timbo (Post 1583149)
Well...in C2012 we gave up 33% of our profit sharing money, just to bring a bunch of 50 seat RJ flying 'in house', to the 717. No Old Guy already at Delta is going to bid the 717, but they are hiring RJ pilots right now to fly them.

C2012 didn't do squat for my retirement funding, or any other old guy's retirement plan, so I guess we'll have to stay to 65....:rolleyes:

I already paid for Scope once, in 1993, when I was bumped off my MD88 Capt. seat and I was replaced by an RJ Capt. Now I've paid for scope again.

Oh, and what do you think helped put Delta into bankruptcy?

Could it be the debt that Leo the CEO ran up buying 500 RJ's?

The "Old Guys" 42% pay cut and lost retirement funding has been paying that debt off too.

That's one way to look at it. Another is that the old guys voted yes, not for 717 flying, but for the "time value of money" argument; get paid now or you'll have to wait for a new PWA for another 2+ years cuz of plan B (SCARY!)

shiznit 02-16-2014 05:56 PM


Originally Posted by Purple Drank (Post 1583168)
First: 4833 is hardly money worth showing anyone. Especially factoring in the profit sharing giveback and increased health care cost (just for starters).

Second: how did you get to see the survey results? No one I talk to has seen them. Can you please post them?

19.71% in 3 years, 12.84% front-loaded.
Increased vacation, training, and CBT pay.

Retirement contribution increased to 15%, option to use a 3rd party advisor to manage, and now post-retirement payouts from full service bank balances and unused vacation are given a 15% contribution.

Profit sharing is NOT 33% less, it was only 20% for 2013 and will likely be an even lower percentage for 2014*.

On health care costs you are dead wrong. The DPMP, the contractual plan decreased from 27% to 22% of pilot cost. It was the only plan at Delta to go DOWN in premium and UP in benefits. This meant a decrease in premiums of 18.5% from 2012 to 2013.

If you are gonna be mad, at least have your facts straight.

*more in next post

gloopy 02-16-2014 06:05 PM


Originally Posted by Bucking Bar (Post 1583087)
Some in Captain Moak's camp (not speaking for him because I do not know his personal position) still fear the Comair merger scenario and are still saying silly things like "seniority grab" while ignoring the fact that even Northwest, with 747's, did not get "Date of Hire."

Careful with the straw man zingers.

Then or now, they would have pretty much zero chance at getting DOH. However, there is still very much the risk that if "the process" was followed, they (some or all) may end up with even a single day more seniority than the bottom DL pilot, which is unacceptable and a total and complete deal breaker. Iron clad prenup, or we solve the issue without them. This is our problem, our battle, our leverage, and ours alone. If we are going to in any way even consider bringing other pilots on board and given seniority numbers on our list, there needs to be 100% assurance that a staple is the absolute ceiling from day one or its no deal.

When anyone on that side of the isle clams up and starts droning on about "the process" it means they want to take the runway, reach V1 and then see how much they can get.

Purple Drank 02-16-2014 06:07 PM


Originally Posted by shiznit (Post 1583186)

*more in next post

Thanks for splitting into multiple posts. I'm quite dizzy from that one.

GunshipGuy 02-16-2014 06:10 PM

Paris in March
 
I read through the One Great Team details and didn't read anything about this so putting it out to you guys: I'm seeing a charge for each of the tickets I have scheduled for a flight to Paris and back. Are taxes not covered in the award? I'm not complaining, I appreciate the confirmed seats. But for some reason I had the idea in my head all fees/taxes were covered with these passes. I guess I was wrong, but looking for a confirmation.

I asked this a few month's ago, but want to check one more time: Any good hotel recommendations? e.g. Do any wide body experts know what if the hotels we use have a crew vacation rate? I checked mycrewguide for each of the hotels we use and none have any information on this. I'm currently booked for the Agora St. Germaine based on a suggestion I receive here on the thread.

shiznit 02-16-2014 06:11 PM


Originally Posted by Purple Drank (Post 1583194)
Thanks for splitting into multiple posts. I'm quite dizzy from that one.

LOL. Did my best. Sorry if you're spinning!

The profit sharing change was for a fixed dollar amount which equaled roughly $42 million dollars. That is approximately 2.08% in pay rates on the 2012 charts.

Now here's the nice part. $42m in PS stays $42 million no matter how high our compensation goes. If you were smart you'd have wanted ALL of the 0-25B profit sharing in hard pay. (but I think the Company didn't want to disincentivize the other employee groups, they're non-union and wouldn't do the advanced math to know it was a good thing.)

That 2.08% that was put into pay rates is now compounded in everything in the contract.

WITHOUT including the compounding from increased DC, vacation, training, reserve, M88/90 pay, ADG, etc.

In 2013, that PS is now worth 2.14% or $43.2 million
In 2014, that PS is now worth 2.21% or $44.6 million

and it continues to compound into the future.

I'd trade the other 10% of 0-2.5B for 4.5% on our pay tables as fast as they'd offer.

The "above $2.5B 20%" is the part I wouldn't let the Company touch. That is where the upside is unlimited.

Purple Drank 02-16-2014 06:13 PM

http://media.giphy.com/media/EPEBHoQUtTYcg/giphy.gif

shiznit 02-16-2014 06:29 PM

Ow, now my brain hurts from looking at that gif!


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