Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
I emailed our Delta pilot BOD member Ken Rogers asking how many shares Mr. Anderson had at the time. His response it below.
Now that you have the facts, do you now favor DALPA taking the position to snap up our pay today and reduce the $2 billion dollar stock buy back?
"Mr. Anderson has 3,706,238 shares and options of Delta stock as of the end of April 2013. If he makes any change to that number would it be described subsequent in SEC filings. A link to those filings is available on Delta.com on the Investor Relations site under "SEC filings".
Also the cash components for the CEO and other management personnel can be found beginning on page 23 of the latest proxy statement - which can also be downloaded from the same site."
Ken Rogers
Remember these numbers are over a year old.
Tsquare I think you owe me an apology. We do disagree on how to restore our concessions, but we all agree it is time to make it happen.
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 12,014
Oh No! A Pilot wants a Day OFF !!!
quick question ....
Got unstacked for coverage into a 11 day deal. With kids at home, it's too much TAFB and every attempt at fixing this "coverage" award gets an instant "below reserve coverage" even day for day swaps. I don't think the skeds are even looking at swaps.
So time to go nuclear & use the APD.
If someone uses their APD and it takes them < the 75 hour G/S trigger, do you have to build back up to 75 before your G/S is a G/S, or do you lose the portion of the G/S that is < 75 hours?
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
Timbo you really did a great job of nailing all the issues surrounding pay banding.
I am opposed to pay banding but see it as unstoppable because without it management will come to us and say they cannot grow.
Both UAL and American have 4 bands. We are lucky because they both have experience and if we choose to make this concession, we can go to school on what they like and hate about pay banding.
If we agree to this it must be tied to historic pay increases and as Timbo pointed out it will require less pilots. This must be offset with increases in vacation days, the value of a vacation day 4:30 plus and training pay.
If we choose to do this I favor 2 bands. Widebody (2 asiles) and Narrowbody (1 asile). All 767s would pay 777 pay. All narrowbodys ER pay.
Maybe management has it all figured out and they don't need pay banding. That would be perfect in my world. But if they need it, we will have all the leverage we need to have a historic agreement.
A full and complete tightening of scope. 2004 hourly pay rates plus. Per diem $2.95/$3.95, 17% DC. 44 days of vacation. 4:30 or more of vacation and training days, etc.
There are many downsides to pay banding. Take the time to study it and give feedback to your reps. I see it as inevitable.
I am opposed to pay banding but see it as unstoppable because without it management will come to us and say they cannot grow.
Both UAL and American have 4 bands. We are lucky because they both have experience and if we choose to make this concession, we can go to school on what they like and hate about pay banding.
If we agree to this it must be tied to historic pay increases and as Timbo pointed out it will require less pilots. This must be offset with increases in vacation days, the value of a vacation day 4:30 plus and training pay.
If we choose to do this I favor 2 bands. Widebody (2 asiles) and Narrowbody (1 asile). All 767s would pay 777 pay. All narrowbodys ER pay.
Maybe management has it all figured out and they don't need pay banding. That would be perfect in my world. But if they need it, we will have all the leverage we need to have a historic agreement.
A full and complete tightening of scope. 2004 hourly pay rates plus. Per diem $2.95/$3.95, 17% DC. 44 days of vacation. 4:30 or more of vacation and training days, etc.
There are many downsides to pay banding. Take the time to study it and give feedback to your reps. I see it as inevitable.
Our min day right now is 5:15. Why should a training day or a vacation day be paid any less than 5:15?
And now let's talk about what a min day is: the new FAR 117 say's it's 9 hours block time max.
OK, why is our min day pay only 5:15?
Why isn't it 9?
Richard wants pay banding?
Okay...he can have it, just as soon as our min day is paid at 9 hours, for everything, including training and vacation too.
It's not our fault if they can't figure out how to schedule us more efficiently, they are the ones buying all the different fleet types. But I'm guessing that if they had to pay us a minimum of 9 hours per day, they'd figure it out real quick!
I will have to do some more research on Anderson's stock holdings. I need to see it in writing from someone without agenda. Until then your "apology" is withheld.
Gets Weekends Off
Joined APC: Jun 2007
Position: 7ER Capt
Posts: 461
Remember, just APD one of the days to drop the entire trip. Then yes, you must WS back up to the 75hr GS trigger to get paid for the entire GS.
Maybe they should try to re-purchase NATCO. Anyone know who bought it? I might have to get some stock in that company.
Gets Weekends Off
Joined APC: Oct 2013
Posts: 106
According to this SEC Form 4, he currently owns 1,096,288 shares.
On 5/8/14 he sold a total of 134,750 shares, or about 11% of his holdings, leaving the 1,096,288 shares remaining.
CORRECTION: Looking at it closer, I see that he sold 100K shares on 5/8 and DONATED a total of 34,750 shares to the various charitable organizations below:
2. Contribution to the Dominican Friars of Atlanta, Inc., dba Augustine House, a 501(c)(3) organization. - 29,000 shares
3. Contribution to the Atlanta Symphony Orchestra, a 501(c)(3) organization. - 1500 shares
4. Contribution to the South Texas College of Law, a 501(c)(3) organization. - 750 shares
5. Contribution to Our Lady of Lourdes Catholic Church, a 501(c)(3) organization. - 1000 shares
6. Contribution to the City of Refuge, a 501(c)(3) organization. - 500 shares
7. Contribution to the Children's Theatre Minneapolis, a 501(c)(3) organization. - 1500 shares
8. Contribution to the Delta Scholarship Fund, a 501(c)(3) organization. - 500 shares
On 5/8/14 he sold a total of 134,750 shares, or about 11% of his holdings, leaving the 1,096,288 shares remaining.
CORRECTION: Looking at it closer, I see that he sold 100K shares on 5/8 and DONATED a total of 34,750 shares to the various charitable organizations below:
2. Contribution to the Dominican Friars of Atlanta, Inc., dba Augustine House, a 501(c)(3) organization. - 29,000 shares
3. Contribution to the Atlanta Symphony Orchestra, a 501(c)(3) organization. - 1500 shares
4. Contribution to the South Texas College of Law, a 501(c)(3) organization. - 750 shares
5. Contribution to Our Lady of Lourdes Catholic Church, a 501(c)(3) organization. - 1000 shares
6. Contribution to the City of Refuge, a 501(c)(3) organization. - 500 shares
7. Contribution to the Children's Theatre Minneapolis, a 501(c)(3) organization. - 1500 shares
8. Contribution to the Delta Scholarship Fund, a 501(c)(3) organization. - 500 shares
Last edited by ATL7ER; 05-13-2014 at 07:31 AM.
According to this SEC Form 4, he currently owns 1,096,288 shares.
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
I just flew a 28hr. three day, with a positive space commuting seat on both ends. Even got first class and a meal on the way up.
If I had a whole month of that I'd be working 9 days for 84 hours.
Yeah.
No, I didn't have much fun on the 20hr. layover in Narita, but I'm home now, with more days off to enjoy sailing right on my lake, which is one of my favorite layovers...
Now, if they put the 717 into MCO and it did the old Express flying, with BOS layovers, and we had Longevity pay, I'd have to bid it and quit commuting. But absent that, I doubt I'll see domestic flying again in my time remaining.
Gets Weekends Off
Joined APC: Sep 2007
Position: B737 CA
Posts: 1,518
There's a man who has his priorities straight. Productivity, shmoductivity, I'll put Timbo down as a +1 for pay banding!
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