Thanks Alan. I'll send an email to the PBS committee to clarify and reply here when I hear back.

My price just went up because of this. And section 3 means nothing without the rest of it. Blowing 5 billion for zero long term gain in this extremely cyclical industry is a Leo Mullin style amateur hour move designed for executive and short term speculators to pump and dump.

The PBS committee is quick to reply.

Alan, you were right. It is a 1 hour buffer to make it legal, so the layover needs to be >= 31:00.

They pointed me towards the PBS gouge here:

http://www.pbshelp.info/delta/PBS_Gouge.pdf

For anyone else following along, as Alan said, all FAR's are buffered by 1 hour. Page 45 of the gouge:

Anytime I see Alan Shore and LeineLodge posting back to back, I figure I'm going to learn something... yep, did. Thanks for the research/info!

On a similar topic that you guys probably know in your noggins, I believe I read that the PBS spacing BETWEEN rotations must be 12 hours. However, someone told me that once it's built in PBS then the spacing between rotations to WS or GS is just 10:30... are these nums true? As a commuter that spacing requirement between trips sometimes bites me when I see two short trips I'd like to put together to avoid a commute, but can't get it... I'm never quite sure what I need between them.

Thanks!

Agree. When the money is being applied to paying down debt, buying assets (ie airplanes), purchasing infrastructure, etc, as pilots we sometimes get frustrated, preferring that money was going into our pockets. But we understand it. It's investing in the long term health of the company. When money is being spent to prop up stock prices with no long term value to show (it's like throwing money into the wind) then it smells of greed of a few sitting at the top.

It would be very arrogant of them to pull a move like this without plans to restore the pilots to where they were fifteen years ago! If the company turns around and asks for scope relief (regional to JV), productivity gives, robbing PS to push up pay rates then it's essentially them saying "I've got mine" and giving the middle finger to the pilot group. If this happens, the pro-engagment, company pleasing union guys better be ready to put labor risk back on the table.

If there is one thing that is clear, RA is 100% focused on pumping this stock up and becoming like unto the "best industrials" and better than Fedex for example. Along with throwing company money at the investors to accomplish this, he often states at each conference call "we have the best labor relationship in the industry with our pilots". He doesn't ever want to spook any of the investors....that effects stock price. It's one of his favorite things to sell. There is your leverage folks.

Interesting side note, RA loves to compare Delta financials to Fedex. Our own union and a handful of guys here shy away from it to lower expectations. There is something seriously flawed with that approach.

A few pages later in the PBS gouge (page 50) it talks about spacing between rotations for line construction purposes. This is for PBS, and 12 hours applies between rotations in a domestic category.

Whiteslips are covered in PWA 23.P. Specifically 7.f talks about the buffer when a WS will not be awarded:

Greenslips are covered in PWA 23.Q. It looks like you simply need to be legal to fly the trip to be awarded a GS. If I'm missing something, hopefully someone will come along and correct. Here is the applicable section:

Alan

Buzz says we can't hit the 2004 hourly rates 1/1/16 because Delta won't be investment grade. Is that one of the sell job talking points?

I guess the $6 billion to.shareholders in 30 months isn't enough.

Where might a fellow lay eyes on a FedEx/Delta pilot contract comparison? Since I expect nothing from ALPA at the moment, I guess I have to hunt down the info myself...

I don't think FDX or UPS have Profit Sharing. As for the rest of the contract uhhh, we lose. Pretty sure that is accurate. OFG

Ted74, With very minimal effort I was able to review the contract comparison that ALPA put out. It is on the ALPA website under the Contract 2015 banner. Once you click on the banner, go to the input link and the comparison is there. It includes FedEx and UPS. Hix