Any "Latest & Greatest" about Delta?
05-13-2014, 08:08 AM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
By the way --
Anderson's wife has also been granted stock and options.
She just sold some 5 days ago. Look closer at the SEC filing that ATL7ER posted:
SEC FORM 4
Anderson's wife has also been granted stock and options.
She just sold some 5 days ago. Look closer at the SEC filing that ATL7ER posted:
SEC FORM 4
05-13-2014, 08:09 AM
Moderator
Joined APC: Dec 2007
Position: DAL 330
Posts: 6,930
Sailing,
I too was thinking about that. We did 100 month as stand alone DAL before the merger. But I was in the room when SD put out that we can train 60 month indefinitely and surge well above that at times for close to 1000 year.
So what changed since 97-2001? The only thing that quickly jumps to mind is no more Engineers. I imagine that 85-90% of new hires going to SO probably made things easier - more classroom time and less total time in the box. Other than that most things that changed should make trainer quicker - more CD self study etc.
FWIW - I think that training capacity will not be an issue and 100% agree - no help from us required.
Scoop
05-13-2014, 08:09 AM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
By the way --
Anderson's wife has also been granted stock and options.
She just sold some 5 days ago. From the SEC:
SEC FORM 4
Anderson's wife has also been granted stock and options.
She just sold some 5 days ago. From the SEC:
SEC FORM 4
05-13-2014, 08:10 AM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,387
So now you are saying I made up Ken Rogers email response to me?
Let's put $10,000 on a bet and if I made it up I will write a check to the charity of your choice. If Ken confirms and shows you his email you will write a.$10,000 check to the charity of my choice.
Put your money where your mouth is.
BTW I still believe in Santa.
Let's put $10,000 on a bet and if I made it up I will write a check to the charity of your choice. If Ken confirms and shows you his email you will write a.$10,000 check to the charity of my choice.
Put your money where your mouth is.
BTW I still believe in Santa.
When management holds a large number in stock and options I think it causes them to focus to much on near term stock value and not enough on long term strategic planning. I see that in our current fleet plan.
05-13-2014, 08:15 AM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
Just to be fair... it looks like the shares she "disposed of" were donated to charities.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
05-13-2014, 08:16 AM
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
Sailing,
I too was thinking about that. We did 100 month as stand alone DAL before the merger. But I was in the room when SD put out that we can train 60 month indefinitely and surge well above that at times for close to 1000 year.
So what changed since 97-2001? The only thing that quickly jumps to mind is no more Engineers. I imagine that 85-90% of new hires going to SO probably made things easier - more classroom time and less total time in the box. Other than that most things that changed should make trainer quicker - more CD self study etc.
FWIW - I think that training capacity will not be an issue and 100% agree - no help from us required.
Scoop
I too was thinking about that. We did 100 month as stand alone DAL before the merger. But I was in the room when SD put out that we can train 60 month indefinitely and surge well above that at times for close to 1000 year.
So what changed since 97-2001? The only thing that quickly jumps to mind is no more Engineers. I imagine that 85-90% of new hires going to SO probably made things easier - more classroom time and less total time in the box. Other than that most things that changed should make trainer quicker - more CD self study etc.
FWIW - I think that training capacity will not be an issue and 100% agree - no help from us required.
Scoop
Now, how many sims do we have for each fleet? I don't know. But in addition to new hires, you also have to do recurrent training in those sims, plus the guys swapping seats.
So what is the total number of sims in each fleet, vs. the amount of upgrade training, plus recurrent, plus new hires? And is the training footprint still about 8 sim periods for an initial?
05-13-2014, 08:21 AM
Gets Weekends Off
Joined APC: Dec 2009
Position: Stay THIRSTY, my friends!
Posts: 1,898
Just to be fair... it looks like the shares she "disposed of" were donated to charities.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
05-13-2014, 08:24 AM
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Sailing,
I too was thinking about that. We did 100 month as stand alone DAL before the merger. But I was in the room when SD put out that we can train 60 month indefinitely and surge well above that at times for close to 1000 year.
So what changed since 97-2001? The only thing that quickly jumps to mind is no more Engineers. I imagine that 85-90% of new hires going to SO probably made things easier - more classroom time and less total time in the box. Other than that most things that changed should make trainer quicker - more CD self study etc.
FWIW - I think that training capacity will not be an issue and 100% agree - no help from us required.
Scoop
I too was thinking about that. We did 100 month as stand alone DAL before the merger. But I was in the room when SD put out that we can train 60 month indefinitely and surge well above that at times for close to 1000 year.
So what changed since 97-2001? The only thing that quickly jumps to mind is no more Engineers. I imagine that 85-90% of new hires going to SO probably made things easier - more classroom time and less total time in the box. Other than that most things that changed should make trainer quicker - more CD self study etc.
FWIW - I think that training capacity will not be an issue and 100% agree - no help from us required.
Scoop
05-13-2014, 08:26 AM
Gets Weekends Off
Joined APC: Jun 2009
Position: Captain
Posts: 828
I do believe if you are going to start using stock etc in a compensation comparison, one needs to be consistent and willing to accept it themselves.
05-13-2014, 08:27 AM
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Just to be fair... it looks like the shares she "disposed of" were donated to charities.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
Although I doubt she will have to go barefoot.
I think these big money guys do this for tax reasons. They get the full value of the shares as a deduction but they only counted the original grant price as their income. Sweet deal.
I get that a large portion of the CEO's compensation is based on stock and options. Are you advocating that a large portion of our compensation package be made of "at risk" dollars? I have heard quite a few pilots advocate just that, others want straight pay in their check.
I do believe if you are going to start using stock etc in a compensation comparison, one needs to be consistent and willing to accept it themselves.
I do believe if you are going to start using stock etc in a compensation comparison, one needs to be consistent and willing to accept it themselves.
I'd take a from of compensatory stock grants like they get in lieu of pay in the next contract. As long as they were non restricted. Maybe that $2 billion in stock buyback can be transferred to us at the buyback rates.
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