Any "Latest & Greatest" about Delta?
Moderator
Joined APC: Oct 2006
Position: B757/767
Posts: 13,088
Who has more to gain (or lose) financially with squandered opportunities at the negotiating table: you, with 12 years; or those of us with decades left?
I'd say the junior guys have a lot at stake, regardless of whether or not you think we rate our own opinions.
But by all means, continue to shout down and squelch anyone who disagrees with you (how did that work over in the Allegiant thread?)
It's a method more befitting a leftist than a self-proclaimed libertarian.
I'd say the junior guys have a lot at stake, regardless of whether or not you think we rate our own opinions.
But by all means, continue to shout down and squelch anyone who disagrees with you (how did that work over in the Allegiant thread?)
It's a method more befitting a leftist than a self-proclaimed libertarian.
True and we have a good Company contribution.
Individual circumstances vary, but I would suggest most be very frugal, save and invest wisely.
T, most are starting at an older age and did not save a lot while at a regional carrier. It takes a lot more effort to save the first million than than does the second. After Delta's contribution I am still sticking a large percentage away into Roth (s), 429 plans and other deals. My ride has a half million or so miles on it & the wife's car is over 150k.
The days of frivolous spending on non producing assets is mostly over for what is left of the US middle class.
Hope nobody thinks I am participating in the "who got screwed the worst" debate around here. It is a dumb discussion. I am looking towards what we need to do for our profession going forward.
Although if Buzz calls me out again I will send 20 bucks to Hillary ' s Presidential Campaign just to spite him.
Individual circumstances vary, but I would suggest most be very frugal, save and invest wisely.
T, most are starting at an older age and did not save a lot while at a regional carrier. It takes a lot more effort to save the first million than than does the second. After Delta's contribution I am still sticking a large percentage away into Roth (s), 429 plans and other deals. My ride has a half million or so miles on it & the wife's car is over 150k.
The days of frivolous spending on non producing assets is mostly over for what is left of the US middle class.
Hope nobody thinks I am participating in the "who got screwed the worst" debate around here. It is a dumb discussion. I am looking towards what we need to do for our profession going forward.
Although if Buzz calls me out again I will send 20 bucks to Hillary ' s Presidential Campaign just to spite him.
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Straw man. (You're getting good at that!)
I did not knock senior guys.
I called you for minimizing the stake junior guys have over their careers here, and for belittling their willingness to share (and advocate for) their opinions.
Are you going to tell us you're the only one "entitled" to a valid opinion?
I did not knock senior guys.
I called you for minimizing the stake junior guys have over their careers here, and for belittling their willingness to share (and advocate for) their opinions.
Are you going to tell us you're the only one "entitled" to a valid opinion?
Straw man. (You're getting good at that!) Kindly don't inject drama where none exists.
I did not knock senior guys in my post.
Only went after you for minimizing the stake junior guys have over their careers here, and for belittling their willingness to share (and advocate for) their opinions--which are every bit as valid as yours.
I did not knock senior guys in my post.
Only went after you for minimizing the stake junior guys have over their careers here, and for belittling their willingness to share (and advocate for) their opinions--which are every bit as valid as yours.
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Given the company's profitability, you're damn right the "pay and bennies" are "onerous and insulting." And that won't change until we get rid of the complacent handholding you and the DALPA regulars advocate.
The landscape has changed. You are anchored to an outdated paradigm. In this environment, a "bankruptcy plus" contract is simply unfathomable.
You are too risk averse to realize how much we stand to gain if we have the grapes to fight for it.
How do you justify at least implying that you think something like restoration is the right objective yet you argue against the "reasonableness" of doing what it takes to achieve it? Maybe I've been misreading you all this time. Can you clear it up for me?
Now we're getting somewhere.
Given the company's profitability, you're damn right the "pay and bennies" are "onerous and insulting." And that won't change until we get rid of the complacent handholding you and the DALPA regulars advocate.
The landscape has changed. You are anchored to an outdated paradigm. In this environment, a "bankruptcy plus" contract is simply unfathomable.
You are too risk averse to realize how much we stand to gain if we have the grapes to fight for it.
Given the company's profitability, you're damn right the "pay and bennies" are "onerous and insulting." And that won't change until we get rid of the complacent handholding you and the DALPA regulars advocate.
The landscape has changed. You are anchored to an outdated paradigm. In this environment, a "bankruptcy plus" contract is simply unfathomable.
You are too risk averse to realize how much we stand to gain if we have the grapes to fight for it.
I'm confused, T. You write something like the above and it makes it sound like you'd be all for restoration of our pay. Yet, in effect, you constantly argue against it. You say you want more, but are apparently unwilling to advocate that our representation set an objective that would be highly controversial with our management. Restoring our pay is going to take some very aggressive, significant improvement. That's just a mathematical fact. And I can guarantee you our management will fight extremely hard against anything of the sort. They feel like they slayed that dragon a long time ago... and given DALPA's actions and tone over the past decade have every reason to believe it's put to bed for good.
How do you justify at least implying that you think something like restoration is the right objective yet you argue against the "reasonableness" of doing what it takes to achieve it? Maybe I've been misreading you all this time. Can you clear it up for me?
How do you justify at least implying that you think something like restoration is the right objective yet you argue against the "reasonableness" of doing what it takes to achieve it? Maybe I've been misreading you all this time. Can you clear it up for me?
"Restoration" will not happen in one fell swoop. It's ridiculous to believe that it will. You want 34% or something like that. It would be great, but it is not remotely reasonable (standing by for the expectations management crap). It is reality. We are not going to get a contract that will deliver that kind of pay increase before somebody else closes the gap. It is not only bad business (for Delta) it is stupid. And then there's TVM. PD wants to wait. He ignores the magic of compounding. He will throw you and me under the bus. (and himself also, but he can't do math, so he doesn't realize it) You are a smart guy when it comes to investing, and it totally surprises me that you seem willing to discount it also, but apparently the victory of punching management is more valuable to you. Reasonableness is what will get us our money. How to define that is the crux of the problem. But a 34% pay increase on day is not "reasonable" by any rational definition, I do not care how much the company is making. And you know that I am right on that.
Fire away.
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 11,990
Originally Posted by DeltaNet
Delta employees reminded about Insider Trading Policy
July 22, 2014
All employees of Delta and its subsidiaries are reminded that they may not legally trade in the airline’s stock or other securities if they possess material information about the company that has not been disclosed to the public.
Material information can include historical or financial results, significant transactions, entry or termination of significant contracts, equity or debt offerings or other information that might affect an investor’s view of the value of Delta’s securities.
July 22, 2014
All employees of Delta and its subsidiaries are reminded that they may not legally trade in the airline’s stock or other securities if they possess material information about the company that has not been disclosed to the public.
Material information can include historical or financial results, significant transactions, entry or termination of significant contracts, equity or debt offerings or other information that might affect an investor’s view of the value of Delta’s securities.
At least we will have something to talk about tomorrow and more whining about how we aren't paid enough. (and hell, with my damned coverage award ... I'm not paid enough for this crap)
*1.15 a share is above the consensus of $1.03, the whisper of $1.06 and the extra nine cents was pulled from my neigher regions.
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