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Any "Latest & Greatest" about Delta?

Old 09-03-2014 | 02:04 PM
  #167571  
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Originally Posted by sailingfun
So 14% guaranteed is not as good as 0 to 14% depending on profit.
Got it!
Very good, very good effort....but wrong. But I like the effort. No, assuming 14% it would be 14% for 14% does not make a win. You think we're going to get 0% in profit sharing this year? No, you don't so why would you try to exchange PS for 14% in this contract? If you said you were in favor of PS for 30% I'd say you have my attention (in a good way). But 1 for 1? Who are you pulling for? (checking the page I'm on here to make sure it's not Airline Management Central). Gotta tell you, this kind of ridiculous thought process does not give me a lot of hope. Again, pause, breathe and contemplate the possibility you're wayyyyyy off here.
Old 09-03-2014 | 02:06 PM
  #167572  
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Originally Posted by sailingfun
The funny part about this whole thing is when the profit sharing first came out the forum declared it worthless!
So now that it's very valuable give it away. Uh, no thanks.
Old 09-03-2014 | 02:13 PM
  #167573  
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Originally Posted by GogglesPisano
JFK/MAN returns next summer. We also get EWR/LHR sooner -- not bad for the NYC guys. But I'm a glass-needs-more-beer kind of guy.
Torpedo. Sierra Nevada has a new 12 pack out for fall. Octoberfest and Vienna style. Very tasty. I suggest everyone try it.
Old 09-03-2014 | 02:18 PM
  #167574  
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Originally Posted by GunshipGuy
Very good, very good effort....but wrong. But I like the effort. No, assuming 14% it would be 14% for 14% does not make a win. You think we're going to get 0% in profit sharing this year? No, you don't so why would you try to exchange PS for 14% in this contract? If you said you were in favor of PS for 30% I'd say you have my attention (in a good way). But 1 for 1? Who are you pulling for? (checking the page I'm on here to make sure it's not Airline Management Central). Gotta tell you, this kind of ridiculous thought process does not give me a lot of hope. Again, pause, breathe and contemplate the possibility you're wayyyyyy off here.
Do you think over the next 5 years the profit sharing will average more or less then 14%? The highest profit sharing payout so far has been 8.1. I am hoping we get 14% this year but suspect the odds of beating 14% over the next five years are very slim.
Old 09-03-2014 | 02:25 PM
  #167575  
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Originally Posted by sailingfun
I would take a small discount since raises become cumulative and a guarantee is good however I think the gap would be to large.
What you really meant to say, in your run-on sentence, is that you'll vote yes for anything. No surprise here.
Old 09-03-2014 | 02:27 PM
  #167576  
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Originally Posted by sailingfun
So 14% guaranteed is not as good as 0 to 14% depending on profit.
Got it!

The funny part about this whole thing is when the profit sharing first came out the forum declared it worthless!
Absolutely not as good.

14% guaranteed and 14% profit sharing is good.
Old 09-03-2014 | 02:28 PM
  #167577  
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Originally Posted by casual observer
You've got a point, but keep it simple for the likes of me.

We give up the 14% profit sharing for a 28% pay raise. (in the context of negotiating the next contract).

When I've got all the cylinders firing, I can understand something like that.
Ok, I will say this one last time. I am not talking about selling profit sharing for raises in the next contract. I am talking about monetizing that profit sharing as a guarantee. As I have also pointed out the company will never agree to that unless we agreed to a rate at a steep discount to what they project the profits to be.
Let's put it in simpler terms. If the at the end of contract negotiations when we are minutes from a TA and pay rates set already we said to the company the following.
"You have told us the company is going to continue to make great profits and we can expect a average of 14% per year in profit sharing. We will call this a TA and take the agreement to the MEC if you monetize that profit sharing as a 14% additional raise. Since you have assured us of the profit level it cost you nothing!"
Would that be good or bad for the pilots?
Old 09-03-2014 | 02:30 PM
  #167578  
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I know the company wants to save money, but if we need to hire a large amount of pilots in a much tighter pilot market - would it be a bad thing if our pay was significantly better than everybody else's?

If you need a few thousand pilots in the next few years, wouldn't you want to be on the top of every pilot's list?

Or do you want to see what comes through the door if you are nothing special?

Last edited by casual observer; 09-03-2014 at 02:54 PM.
Old 09-03-2014 | 02:42 PM
  #167579  
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Originally Posted by sailingfun
Do you think over the next 5 years the profit sharing will average more or less then 14%? The highest profit sharing payout so far has been 8.1. I am hoping we get 14% this year but suspect the odds of beating 14% over the next five years are very slim.
Wait was our profit sharing % over the last few years? Each year?
Old 09-03-2014 | 02:48 PM
  #167580  
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Originally Posted by GunshipGuy
Who are you pulling for? (checking the page I'm on here to make sure it's not Airline Management Central). Gotta tell you, this kind of ridiculous thought process does not give me a lot of hope. Again, pause, breathe and contemplate the possibility you're wayyyyyy off here.
I agree GunshipGuy, it's hard to comprehend where Sailing comes from sometimes.

The company is making Billions in profits and we got a 3% raise this year? Call me slow, a simpleton, whatever, but it's painfully obvious to me that we left just a wee bit of money on the table with C2012.

DALPA has this contract thing down, expect the same for C2015 as we saw for C2012. Which by the way is essentially cost of living pay increases for the next contract. The only question is how much more are we willing to work for those pay raises?
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