Airline Pilot Central Forums - Any "Latest & Greatest" about Delta?

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I expect the same performance as C 2012....anything better, is,....well, better

Quote:

Originally Posted by Carl Spackler (Post 1815920)

It's sure a poor business move when you purchase valuable assets, then throw them away. Pan Am brought a lot to Delta, then the Einstein's just tossed them. Same with buying Comair, then dumping it. Same with buying back stock for billions, then taking it to bankruptcy. Same with the NWA Pacific cargo ops, then dumping it.

If buying Pan Am ended up being a bad business move, it wasn't because of Pan Am.

Carl

Uh, partially true at best. With the PanAm purchase, we purchased some of PanAm's assets, primarily Europe and the NY Shuttle. Like AA with TWA, we purchased some of an old airline, with old and crappy assets (JFK terminal for example), old employees, a system of almost mind-boggling fraud, waste and outright thievery with their physical assets, and lots of debt. We dumped the old assets, kept the debt, kept the old employees, then furloughed off the bottom.

Essentially we paid $2 billion for the Shuttle, which we have then changed and emasculated over and over. I think in the aggregate is has been a net positive--the European and African flying has been great--but not a great net positive--unlike the DAL/NWA merger, which truly was a great historic thing. Both the old assets as well as DAL mismanagement back in the day are the reasons why.

Had RA (Richard Anderson, not Ron Allen, our not-very-good CEO back then) or someone like him been at the helm in the early 90s the PanAm deal would not have gone down as it did. He either would have declined or gotten a much better deal (it is widely rumored that Bob Crandall at AA kept bidding up the price, knowing our own less than stellar CEO would keep outbidding him--which he did). And I know that our current CEO would have handled the logistics and operational issues post-merger much better than we did.

But like someone just posted, that was a long time ago and water under the bridge. I do know that the former PanAm FAs are some of the best you will ever fly with, even though they haven't worn that uniform since the early 90s!

Quote:

Originally Posted by Herkflyr (Post 1815951)

I do know that the former PanAm FAs are some of the best you will ever fly with, even though they haven't worn that uniform since the early 90s!

This is the most true statement that I've seen on this site. You can always tell when you fly with a former PanAm. They treat you great and the customers even better.

Quote:

Originally Posted by Carl Spackler (Post 1815792)

I've never told anyone that they didn't know anything. Not even you.

You know anyone can look at your posts, right?

January 12

Quote:

You've no idea what you're talking about sailingfun. You're a line pilot, nothing more. You are as detached from what "the company" is doing as anyone else here. Reduced profit sharing could already be agreed to in principle for all you or any of us here knows. We just don't know.

You'd do your credibility a huge favor if you would stop pretending to be something you're not.

Carl

January 25

Quote:

Try to stay on topic. The topic is you claiming to know what Wall Street or investors think is important. You're just a line pilot like the rest of us. You're just guessing and voicing opinion like the rest of us.

That is all.

Carl

Quote:

Originally Posted by Oberon (Post 1815985)

You know anyone can look at your posts, right?

Yes, and I would have assumed that you actually read them since you've quoted them again. Nowhere did I say that you (or anyone else) don't know anything. That's what you previously asserted. I didn't say that. Pay attention.

Carl

Quote:

Originally Posted by nerd2009 (Post 1815950)

I expect the same performance as C 2012....anything better, is,....well, better

Yeah, I'll consider it a win as long as nothing gets worse. I'm not holding my breath.

Quote:

Originally Posted by Timbo (Post 1815903)

1. Welcome to the Show.

2. When you were hired, my seniority number didn't change at all.

3. Profit Sharing has zero bearing on how your paycheck is calculated. :rolleyes:

Is this how you treat your FO's too? :rolleyes:

Quote:

Originally Posted by flyjetz (Post 1816071)

Is this how you treat your FO's too? :rolleyes:

And other Captains. And he's a great dude.

Toughen up princess.

Carl

Quote:

Originally Posted by flyjetz (Post 1815793)

Can someone explain how Delta calculates how much in profit sharing each pilot gets, in detail? I've seen the formula somewhere, but searching for "profit sharing" is like searching for "pilot" on this forum. Starting from company's annual profit to how much each pilot would receive. Thank you!

I can't help you with most of it but after the company goes thru it's voodoo economics and figures out the percentage, they then take each pilots "flight pay" and "flight advance" from their respective pay stubs for the year and multiply by the given percentage and voila! That is the amount of PS each pilot gets.

Denny

Quote:

Originally Posted by Carl Spackler (Post 1815898)

This is why you're so embarrassing to have around here Oberon. You were busy flying for Pinneaglesabapass or some other scuzzball regional when this was occurring, yet you throw out this kind of superiority blather.

Carl

Oberon,

If he starts talking about varmit poontang, watch out!

http://www.sffl.comcastbiz.net/wpima...wpfdfaee84.png

Carl, you need a handle. May I suggest "Blowing up Bushwood since 1980"