Airline Pilot Central Forums

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

tsquare 04-23-2014 09:31 AM


Originally Posted by sailingfun (Post 1628906)
Much larger because based on the outlook for the rest of the year total profit for profit sharing purposes should be well above 4 billion. Last year it was 3.4 billion. Everything over 2.5 is at 20 percent.

What does the math say if you are correct and it is $4B? Everything under 2.5B is half of what it was this year, and then everything over that is still at 20%. WAG says it will be a wash, and I'm too lazy to do that math right now.

Purple Drank 04-23-2014 09:36 AM

We're wetting ourselves over a projected $4b profit. Well, tsquare is, as usual. But how does it translate to more money and more time off?

This year we got a 3% raise...and gave up a big chunk of our profit sharing. And gave back work rules we worked hard to get in the first place.

We are not terribly visionary folks.

sailingfun 04-23-2014 09:38 AM


Originally Posted by tsquare (Post 1628930)
What does the math say if you are correct and it is $4B? Everything under 2.5B is half of what it was this year, and then everything over that is still at 20%. WAG says it will be a wash, and I'm too lazy to do that math right now.

Not sure what you are talking about. There is no change in profit sharing this year from last year. The profit sharing last year was reduced by ⅓ on the amount under 2.5 billion from the method used in 2012. No change above 2.5 billion and no changes this year from last. Pre tax first quarter profit this year was 444 million.

sailingfun 04-23-2014 09:44 AM


Originally Posted by Purple Drank (Post 1628933)
$4b profit. This year we got a 3% raise...and gave up a big chunk of our profit sharing.

Great sales job.

Of course when we signed the contract in 2012 you knew all this was coming and you're now a multimillionaire off all the money you made on Delta stock! The contract was specifically negotiated at 3 years to put us in position to capture gains if the company took off. That other union you admire so much at AMR signed a 6 year deal. So did UAL. Looks pretty smart on DALPA's part.
As always I am result oriented.

tsquare 04-23-2014 09:53 AM


Originally Posted by sailingfun (Post 1628935)
Not sure what you are talking about. There is no change in profit sharing this year from last year. The profit sharing last year was reduced by ⅓ on the amount under 2.5 billion from the method used in 2012. No change above 2.5 billion and no changes this year from last. Pre tax first quarter profit this year was 444 million.

I thought the payout reduction took place this year, not last. If that was incorrect then my bad.... Fun flies when you're doing time I guess... If that is the case, then the payout next year should be pretty nice.

tsquare 04-23-2014 10:00 AM


Originally Posted by Purple Drank (Post 1628933)
We're wetting ourselves over a projected $4b profit. Well, tsquare is, as usual. But how does it translate to more money and more time off?

This year we got a 3% raise...and gave up a big chunk of our profit sharing. And gave back work rules we worked hard to get in the first place.

We are not terribly visionary folks.

I dunno about that. I've been buying stock over the months (at a $26/share average).... Lots of analysts think $40/share is easily achievable. Look at managements' goals, and do the math, and you might find it is going to be better than even the most optimistic estimates. You choose to whine about things you cannot control. I'll take advantage of things I can. You are myopic and delusional, not visionary by a long shot.

Up 5% today alone. bwaaaa haaaaa haaaaaa to you

Razor 04-23-2014 10:24 AM

TSquare, check your PMs.

tsquare 04-23-2014 10:37 AM


Originally Posted by Razor (Post 1628966)
TSquare, check your PMs.

Back atcha....

80ktsClamp 04-23-2014 10:55 AM


Originally Posted by tsquare (Post 1628952)
I thought the payout reduction took place this year, not last. If that was incorrect then my bad.... Fun flies when you're doing time I guess... If that is the case, then the payout next year should be pretty nice.

The first profit sharing payout that was affected was the one distributed in february. It was in effect reduced from the previous contract by about 25% this round.

This profit is good, particularly considering the harsher winter compared to last year.

forgot to bid 04-23-2014 11:32 AM


Originally Posted by gloopy (Post 1628929)
The way I read what the ATL was saying about it, we can get in on it as well. Most or all of the language I read mentioned new city pairs for cargo or pax, though it implied they wanted more cargo. Certain markets (the big ones we may be interested in anyway) were free for 2 years with extra free taxpayer party money from their crumbling coffers because every good government knows if you build it they will come (emphasis added) for marketing expenses.

When I first saw the article title, I assumed it would be more bogus welfare for cancerous LCC's and foreign carriers, which it still may be, but there seems to be a chunk of the funny money we can break off for ourselves.

JB will likely (re)invade (this time in a MUCH more dedicated assault) before the end of 2015 and VX around a year later, and the dual subsidized fake royal Gulf airlines about the same time frame. We're running high on the YoY numbers but soon we'll have to take a break from the magic to counter punch the insolent yield trashers/capacity dumpers. I hope mahogany row is ready for the short term pain required for the long term gain, as well as being on the same page with the airport people to not screw their own futures at the expense of flowery short term press releases.

If JB attacks from the north, we'll just flood it with heavies going from ATL-JFK, if from the west, we will continue to attack with heavies. If from the south, we will be greatly confused.

If the ME carriers attack, it will be a whole new crusade for us.


All times are GMT -8. The time now is 05:20 AM.


Website Copyright © 2026 MH Sub I, LLC dba Internet Brands