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

DeadHead 11-14-2014 02:24 AM


Originally Posted by Sink r8 (Post 1763605)
I agree with newK and 80. Can't believe you're giving Faux a pass, Buzzpat. Please check your temp, you might ebolaing.

I don't think he's giving it a 100% pass as much as he's saying that Fox News presents a contrived contrast of the news against other media outlets. Trust me, there is plenty of shows on Fox News I can't stomach, but I think the network plays an invaluable role.

If majority of news organizations leaned right, I would say the same about MSNBC.

Honestly, majority of news reported these days is driven at being sensational in an attempt to gum up knee-jerk emotional responses from the public. Journalistic integrity free of bias is for all intensive purposes gone.

But who knows, after 80 hours in Ghana I could be ebolaing myself.

Purple Drank 11-14-2014 03:20 AM

remember when msnbc was relevant?

Me neither.

NWA320pilot 11-14-2014 04:04 AM


Originally Posted by Cogf16 (Post 1763508)
Good points Carl, it's almost like all the "dings" we're getting from the ACARS and the FMS. From the 7 minute point to receiving the WDR, I've counted 11 dings in that period, many occurring back to back to back, and often just for hitting the print icon!!! It really is hard to keep up with the changes in callouts and procedures and the freaking manuals keep growing in size. Just did CQ and I forgot how big (and different) Vol 1 FOM and the FCTM have become. All you guys complaining about our manuals and the "big bubble" cockpit seem to have "won the argument" Uggh:(:(

Come on guys it's not that hard...... Just bid a new plane and go to the schoolhouse for assimilation. :eek:

I do agree though....... Having just come through a training event the chatter in the cockpit is crazy. I find this to especially be true during our most critical phases of the operation! While I think briefing things are good we should focus on the importance of the brief not the laundry list someone has devised.

gzsg 11-14-2014 04:05 AM


Originally Posted by gloopy (Post 1763561)
I don't know if it will dip that low. I really hope it does though; what a great buying opportunity!

FWIW have you ever read what Warren Buffet says about gold? I would never invest in it. Ever. Invest in America. Check out kickstarter.com. gust.com. We are at the launchpad of incredible innovation. Decades of superior gains.

JMHO

Jerry

scambo1 11-14-2014 04:06 AM


Originally Posted by Carl Spackler (Post 1763336)
This is why I watch Fixed News FIIGMO. I looked all over the other news channels and didn't see this anywhere except Fixed News:





How else am I going to get the full story if the non-Faux News media won't air this?

Carl

Okay, obamacare is the law right? Do you guys dislike that this guy is telling the truth or that the truth IS the truth?

The fact that he is a pompous, elitist, holier than thou notwithstanding.

Sink r8 11-14-2014 04:35 AM


Originally Posted by DeadHead (Post 1763610)
I don't think he's giving it a 100% pass as much as he's saying that Fox News presents a contrived contrast of the news against other media outlets. Trust me, there is plenty of shows on Fox News I can't stomach, but I think the network plays an invaluable role.

If majority of news organizations leaned right, I would say the same about MSNBC.

Honestly, majority of news reported these days is driven at being sensational in an attempt to gum up knee-jerk emotional responses from the public. Journalistic integrity free of bias is for all intensive purposes gone.

But who knows, after 80 hours in Ghana I could be ebolaing myself.

I think crap is crap, and you can't excuse the outrageous non-news behavior of networks that are ruthlessly killing journalism, on the basis of whether they're closer to your own leanings. They're all mostly crap.

If you want news, I think you have to import it. The BBC is probably OK, and as much as I hate to say it, I suspect Al-Jazeera MIGHT be somewhat more like an actual news network, but I have a strong bias against them.

Which leaves the Onion.

Good luck with that ebola. There is some stuff on Deltanet that should clear it right up for you.

...

Very nice post on profit-sharing three pages ago, btw.

DeadHead 11-14-2014 04:41 AM

For example, assume Delta earns a PTIX of $1 billion. Delta will provide eligible employees with a total profit sharing of $150 million ($1 B x 15% = $150 million). Also assume that the total annual compensation for all eligible employees was $3.75B, and that your individual annual compensation was $100,000. To determine the percentage of profit sharing you will receive, divide your individual annual compensation by the total annual compensation ($100,000 / $3.75B = .00002666667). To determine your personal profit sharing payout, you would then multiply this number by the total profit sharing amount (.00002666667 x $150 million = $4000).


Prior C2012...15% on first 2.5 billion
$2,500,000,000 ($2.5 B x 15% = $375 million)
Total annual compensation for all eligible employees $3.75 B
Individual annual compensation $120,000
($120,000 / $3.75B = 0.000032)
Personal profit sharing amount....(0.000032 x $375 million = $12,000)

Post C2012...10% on first 2.5 billion
$2,500,000,000 ($2.5 B x 10% = $250 million)
Total annual compensation for all eligible employees $3.75 B
Individual annual compensation $120,000
($120,000 / $3.75B = 0.000032)
Personal profit sharing amount....(0.000032 x $250 million = $8,000)


Difference in total profit sharing (15% to 10%) amounts to a reduction of $125 million.
Essentially 5% of $2.5 billion (2.5 B x 5% = $125 million)


Under the above assumptions.....that equated to a net loss of $4,000 for a pilot who earned $120,000 in annual compensation.

In terms of percentages that equates to a loss of 3.3333%

So in terms of real dollars amount of monetizing the C2012 profit sharing reduction on the following assumptions...
A pilot earned $120,000 in that year with overall
Annual compensation for all eligible employees at $3.75 billion

It equated to -3.3333% which in 2013 / predicted 2014 will not only cover our raises, but also give back .3333% back to the company.


This is how I understand it, but please chime in if anyone thinks I'm missing something.
Specifically I'd like to find the actual annual compensation amounts for all employees to make these figure completely accurate. I'm assuming that $3.75 Billion is close to the mark.

DeadHead 11-14-2014 04:43 AM


Originally Posted by Sink r8 (Post 1763654)
I think crap is crap, and you can't excuse the outrageous non-news behavior of networks that are ruthlessly killing journalism, on the basis of whether they're closer to your own leanings. They're all mostly crap.

If you want news, I think you have to import it. The BBC is probably OK, and as much as I hate to say it, I suspect Al-Jazeera MIGHT be somewhat more like an actual news network, but I have a strong bias against them.

Which leaves the Onion.

Good luck with that ebola. There is some stuff on Deltanet that should clear it right up for you.

...

Very nice post on profit-sharing three pages ago, btw.

The onion is actually an awesome source for current news.

Carl Spackler 11-14-2014 05:19 AM


Originally Posted by scambo1 (Post 1763645)
Okay, obamacare is the law right? Do you guys dislike that this guy is telling the truth or that the truth IS the truth?

Neither. I like the fact that he's telling the truth, and I always like that the truth is the truth. The problem is that this video was blacked out by every news organization except Fox News. Were it not for Fox News, I would not have seen this video of Obamacare's chief architect describing the importance of the law's lack of transparency and the reliance on "the stupidity of the American people." Now people like Gomerglideslope feel like this is a non-story and any news organization that does air this non-story should be denigrated. Gomerglideslope and the like want to save me from wasting my time watching non-stories by ensuring those non-stories never get aired.

I need to hear all sides and all opinions in order to make the best decisions. The conservative view is only aired on Fox News. That's the problem. It's that lack of balance that is driving the ratings drop at all news organizations...except Fox.


Originally Posted by scambo1 (Post 1763645)
The fact that he is a pompous, elitist, holier than thou notwithstanding.

That he is, and that kind of attitude never helps. But a guy like that can't help himself.

Carl

full of luv 11-14-2014 05:34 AM


Originally Posted by DeadHead (Post 1763660)
For example, assume Delta earns a PTIX of $1 billion. Delta will provide eligible employees with a total profit sharing of $150 million ($1 B x 15% = $150 million). Also assume that the total annual compensation for all eligible employees was $3.75B, and that your individual annual compensation was $100,000. To determine the percentage of profit sharing you will receive, divide your individual annual compensation by the total annual compensation ($100,000 / $3.75B = .00002666667). To determine your personal profit sharing payout, you would then multiply this number by the total profit sharing amount (.00002666667 x $150 million = $4000).


Prior C2012...15% on first 2.5 billion
$2,500,000,000 ($2.5 B x 15% = $375 million)
Total annual compensation for all eligible employees $3.75 B
Individual annual compensation $120,000
($120,000 / $3.75B = 0.000032)
Personal profit sharing amount....(0.000032 x $375 million = $12,000)

Post C2012...10% on first 2.5 billion
$2,500,000,000 ($2.5 B x 10% = $250 million)
Total annual compensation for all eligible employees $3.75 B
Individual annual compensation $120,000
($120,000 / $3.75B = 0.000032)
Personal profit sharing amount....(0.000032 x $250 million = $8,000)


Difference in total profit sharing (15% to 10%) amounts to a reduction of $125 million.
Essentially 5% of $2.5 billion (2.5 B x 5% = $125 million)


Under the above assumptions.....that equated to a net loss of $4,000 for a pilot who earned $120,000 in annual compensation.

In terms of percentages that equates to a loss of 3.3333%

So in terms of real dollars amount of monetizing the C2012 profit sharing reduction on the following assumptions...
A pilot earned $120,000 in that year with overall
Annual compensation for all eligible employees at $3.75 billion

It equated to -3.3333% which in 2013 / predicted 2014 will not only cover our raises, but also give back .3333% back to the company.


This is how I understand it, but please chime in if anyone thinks I'm missing something.
Specifically I'd like to find the actual annual compensation amounts for all employees to make these figure completely accurate. I'm assuming that $3.75 Billion is close to the mark.

Since I wasn't part of the negotiation team, is it possible that no raise was planned but instead they essentially traded a guaranteed 3% payout for a possible one at a cost of .3333% to the pilots?

Nice work though


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