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

galaxy flyer 07-02-2014 04:38 PM

6 can't be a C-5, it's in the air, not on jacks. Then again, the gear's hangin'. Been there, done that.

How was the cat comp? Didn't make, honey dos.

GF

sailingfun 07-02-2014 04:39 PM


Originally Posted by SharpestTool (Post 1676657)
Hearing 777 and 787.

I like what your hearing.

SharpestTool 07-02-2014 04:40 PM


Originally Posted by gzsg (Post 1676636)
Don't stop now!

Tell us how it is a win to reduce profit sharing and make the pay banding concession with 4 year freezes.

Or are you giving us line pilots small bites at a time?

Ok, monetizing the remaining profit sharing is smart risk management at this point.

As far as the rest, ***? Find someone else to make you feel good. I wouldn't support that as constructive to C2015.

SharpestTool 07-02-2014 04:45 PM


Originally Posted by gzsg (Post 1676636)
Don't stop now!

Or are you giving us line pilots small bites at a time?

Actually no, that wasn't my intent. However, I can see your concern considering the indigestion you would likely suffer from a goodly meal for consideration.

C'mon, lets grow up some and get serious. The happy meal isn't going to satisfy.

gzsg 07-02-2014 04:46 PM


Originally Posted by SharpestTool (Post 1676653)
LOL! Why have someone lower your expectations when you do a great job of doing it yourself?

Forget inflation. Any published number is cooked beyond recognition. Profit sharing is what it is. It is codified in our contract. I personally do not like profit sharing as we further progress in the current business cycle. It has done a great job up to now. That money is real. I know, I spent it. I will provide input that says we need to further monetize it and wind it down. Risk is increasing.

BTW, there is a real good reason why wages in the aggregate do not keep up with inflation. Credit. In a credit constrained world, wages and prices will be stable in real times and will be will be governed by real productivity. In this non-existent world, productivity increases and allows expansion of credit. Equilibrium.

In our real world where credit is completely disconnected from productivity, there is no way to balance rampant monetary inflation over the long term. To measure expectations against the fantasy of Delta pilots somehow finding a way to exist in an alternate monetary universe is naive. We can do better than inflation at times during the business cycle, but we will lag at other times when the wheels must come off the bus.

I am not saying that one should not be cognizant of inflation. Indeed, the opposite is what I prescribe. Just do not expect the ability to capture credit money to outpace its production for any period other than the short term. Your focus should be on channeling surplus credit money into wealth forms that are resistant to monetary inflation. IOW, keeping what you have already saved. That is how to fight and win in this global system of money.

Any time comparing our compensation to an inflation index is wasted time better spent on educating yourself on what to do with your surplus earnings.

Let me summarize that very fancy load of nonsense.

Exactly like C2012, we can plan on a cost neutral C2015. Funding our pay increases with reduced profit sharing. Pay banding concession to wipe out any job gains and produce 2 years of stagnation.

SSDD

tsquare 07-02-2014 04:48 PM


Originally Posted by gzsg (Post 1676667)
Let me summarize that very fancy load of nonsense.

Exactly like C2012, we can plan on a cost neutral C2015. Funding our pay increases with reduced profit sharing. Pay banding concession to wipe out any job gains and produce 2 years of stagnation.

SSDD

SSDD is right.


Cost neutral.


Same old doughnut talking point.

One trick pony you are.

SharpestTool 07-02-2014 04:50 PM


Originally Posted by gzsg (Post 1676667)
Let me summarize that very fancy load of nonsense.

Exactly like C2012, we can plan on a cost neutral C2015. Funding our pay increases with reduced profit sharing. Pay banding concession to wipe out any job gains and produce 2 years of stagnation.

SSDD

Ok, no more for you. Either ignorant or lacking in maturity. Probably both.

Good evening.

gzsg 07-02-2014 04:58 PM


Originally Posted by SharpestTool (Post 1676661)
Ok, monetizing the remaining profit sharing is smart risk management at this point.

As far as the rest, ***? Find someone else to make you feel good. I wouldn't support that as constructive to C2015.

What you fail to realize is the air line industry has changed forever. Delta makes more in ticket change fees than the incredible money they make on bag fees.

The oligopoly raises fares at will.

Giving away one cent of profit sharing would be the mistake of a lifetime. The economy is still lackluster and we are making billions.

We deserve every penny of the profit sharing as a small token toward the billions in life changing concessions we took over the past decade.

Our chapter 11 concessions are no longer necessary. There is zero need for us to fund our own pay increases with concessions in profit sharing or any other area.

I can't for the life of me understand this surrender monkey agenda.

You and the Delta pilots don't need to make any more concessions.

Sink r8 07-02-2014 05:02 PM


Originally Posted by gzsg (Post 1676636)
Don't stop now!

Tell us how it is a win to reduce profit sharing and make the pay banding concession with 4 year freezes.

Or are you giving us line pilots small bites at a time?

I don't really like your methods on forums, and I don't like the notion that the MEC might be using proxies to fight these little battles, as opposed to coalescing in private around one thing: fighting for the best contract possible. I don't like the leaks, and the rumors, because they are indicative of a dysfunctional group, and dysfunction, as fun as it is to insiders, makes us all poorer.

That being said, I have to agree with the point you're making relative to sharpesttool's trial balloon, which has all the merits and characteristics of a fart in church.

We need, and deserve, a very strong contract. Prior to bankruptcy, our share of the pie might have been too much for the long-term survival of the company. We don't have to wonder anymore, because that company was restructured, and was recreated into this powerhouse of a pie-making machine, and that machine is slinging pies everywhere, but not quite enough in our direction.

I don't give a hoot about a C2K that was reached with a dead airline (for all I know, C2K is way too little for this company), or hollow slogans like restoration, because I want what we deserve. What we deserve is a piece of the action that is commensurate with our critical role in keeping the economic engine going. We're short of that goal. We're not getting of the pie on an ongoing basis, and we've already built up a pie deficit.

That's what we need to be focused on. We need to figure out how much of the pie is rightfully ours, while keeping a reasonable balance with other stakeholders, and we need to survey the group to figure out how to split it. The only sort of financial data we need is: how much can the company afford to pay us, and meet normal obligations. Not the ever-changing margin goals (now it's fifteen %?), not the ever-changing debt-targets, not the gravy stock buy-backs. Enough to make a good margin, service the debt at a reasonable interval, and pay a small dividend. THAT is what this should be about.

As far as the side-show goes, I find the timing really bizarre, and frankly suspect. We shouldn't be into this sort of discussion until the surveys are out. Something reeks here.

Sink r8

Sink r8 07-02-2014 05:13 PM


Originally Posted by tsquare (Post 1676669)
One trick pony you are.

That's true enough, but why is there anyone getting in arguments with him at this stage of the game? OK, so he gets phone calls from guys that leak partial info, and he manufactures these crises to do whatever he wants to do, like make a guy look good, or another guy look bad. So maybe he and some of the other usual suspects are BFF's. We've seen this show before, with the DPA crap.

But why isn't he being met with silence? He using a populist "we deserve more" approach. That seems to me like it should be a pretty self-evident belief for all of us: we deserve more. That means he'd be dismissed as some guy trying to look like he's leading the charge. BFD.

What I don't understand is: why is there even an argument, this early in the game, with his positions? Who is lining up against "we deserve more"? We need subtitles, and cliffnotes, I guess, because the last few days on the L&G make very little sense.


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