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Any "Latest & Greatest" about Delta?

Old 05-26-2015 | 08:30 AM
  #183081  
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Originally Posted by Scoop
I don't want to hang my hat on anything. I want a TA that we can all vote for, a TA that lacks a bunch of concessions.

But if it is lacking - no rush. If we don't get the pay bumps which as a few pointed out might not happen, we still should be looking at major profit sharing increases.

Anyway - I want to be able to vote yes. I voted yes on C-2012 because it met my minimums. Well with record profits and a recently announced $5 Billion stock buyback my minimums are a lot higher.

I will look at the deal as a whole and make a decision as I expect most will do.

Scoop
That's OK. The way your post was worded it sounded like you were saying we had an advantage of TVM based on the potential of a me too raise.

Vote your conscience based on what's presented. I think that's all that's asked.
Old 05-26-2015 | 08:45 AM
  #183082  
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Originally Posted by flyallnite
I think that's a big reason for the company wanting to wrap up a new contract quickly. The future is looking bright and the sky will be the limit for executive and shareholder compensation. The longer it takes, the more embarrassingly rich the company gets. Any concessions will only get redistributed on mahogany row.
It's been posted before, but it is timely to share for the new folks here. And for the DC9 crowd that can't afford netflix, I'm posting a free link. If you are interested in mahogany row, the redistribution of wealth and the value our union is supposed to have, set aside 90 minutes and click below.

Inequality For All

Old 05-26-2015 | 09:12 AM
  #183083  
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From: Record-Shattering Profit Facilitator
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Originally Posted by DeadHead

FWIW, I couldn't agree more with your other thread that these rumors do cost us money and gains.
I'm not completely convinced of that.

With "constructive engagement" as Dalpa's prevalent strategy, I think it's a safe bet that Delta management has significant "contacts" at fairly high levels within Dalpa.

I'm of the opinion that management is completely aware of what the MEC majority has accepted, whether or not it's on a forum.
Old 05-26-2015 | 10:47 AM
  #183084  
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From: Light Chop
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Originally Posted by Timbo
The very reason there are concessions this time, is found in C2012 and at the subsequent Investor's Conference. They are going to ask RA about 'Cost Control' going forward. RA wants to once again be able to tell them he has just signed another Cost Neutral contract.

He'll be saying the exact same things he said after C2012, Capacity Restraint (parking 747's) , Fleet Up Gage (more 76 seat RJ's), Changes to Profit Sharing to cover raises, etc.
Fill in the blanks:
Operator
We’ll take our next question from [random reporter] from Bloomberg News.

Random Reporter - Bloomberg News
Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract?

Richard Anderson
Hi... fill in the blanks

Ed Bastian
And... fill in the blanks

Random Reporter - Bloomberg News
Sure. Okay. Thank you.
Old 05-26-2015 | 10:49 AM
  #183085  
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From: Light Chop
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FTB Attempt #1

Operator
We’ll take our next question from [random reporter] from Bloomberg News.

Random Reporter - Bloomberg News
Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract?

Richard Anderson
Hi, we're making a lot of money and so we can afford the substantial cost increase. The pilots fly the planes and so without them flying them, they go nowhere, they're invaluable, we love them, it was time to go above and beyond anything that's ever been done in this industry. I mean I have no problem paying a 717 copilot $175,000, and a Delta Captain $300,000, they're worth every penny.

Ed Bastian
And, if I may add, I stay awake at night thinking about how much this is going to cost us. But the pilot's union just didn't budge. They really got the best of us. They said that the contract surveys from the pilots were clear and they held to that.

Random Reporter - Bloomberg News
Sure. Okay. Thank you.
Old 05-26-2015 | 11:08 AM
  #183086  
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Originally Posted by Timbo
The very reason there are concessions this time, is found in C2012 and at the subsequent Investor's Conference. They are going to ask RA about 'Cost Control' going forward. RA wants to once again be able to tell them he has just signed another Cost Neutral contract.

He'll be saying the exact same things he said after C2012, Capacity Restraint (parking 747's) , Fleet Up Gage (more 76 seat RJ's), Changes to Profit Sharing to cover raises, etc.
I'm hesitant to constructively engage here (see what I did?--do you? because its like the company 'Delta'...and the way the union 'DALPA' supposedly work together? Do you get it now?) Anyway, I was told the best jokes were the ones you have to explain a lot.

Nevertheless, I call your attention to the BOLD words above. The BOLD words above are where to I call your attention all! Timbo, brother...buddy! If you had a time machine all along you could have just said. There is all sorts of stuff we could do! Kill Hitler (duh!?), go see what all the fuss about the Helen of Troy chick was, get in on some of the VJ day action in New York (little hot grandmas at 21 time travel action!) and then we could go be pilots at Pan Am together in 1961. Leave all this muck and mire of the TA behind.

But on the off chance you don't have a time machine...WHY ARE YOU SCARED OF SOMETHING THAT HASN'T HAPPENED?

Unless you have a TA that I don't (and I don't have a TA....T&A, maybe...I'll check my browser history)...we don't know if there are concessions or huge paydays ahead. Live in the now my friend. Live. In. The. Now.

Let's debate the TA once we have one. Not disasterize (I made that word up, like it?) what we don't know yet.

But seriously if you do have a time machine I really really want to do some stuff.

Last edited by Professor; 05-26-2015 at 11:09 AM. Reason: spelling, yo!
Old 05-26-2015 | 11:12 AM
  #183087  
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TYG Attempt #1

Operator
We’ll take our next question from Dwain Worthless from Bloomberg News.

DWAIN- Bloomberg News
Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract?

Richard Andarson
Hi, Dwain. We always could afford to pay the pilots what they are worth. We borrowed money from them in the last decade, slashed their pensions and increased their efficiency. They fly a lot more than they used to. It is time to restore their pay, enhance their work rules and better their retirement. I for one am very curious as why DALPA has never demanded restoration. Who am I to ask them if they want restoration?

Ed Bastien
And, if I may add, I sleep extremely well knowing my highly educated and professional pilots make less than long shore-men. It is time to restore their pay fully and make them whole. There is plenty of money in the coffers but one thing I really appreciate with DALPA is that they never come to the table asking for more! THey are truly a great partner with us! Kudos to MOAK for establishing such a friendly environment.

Dwain- Bloomberg News
Sure. Okay. Thank you. I also heard Firefighters and Police Officers have a great pensions too..



TEN

Last edited by TenYearsGone; 05-26-2015 at 11:17 AM. Reason: Make it pretty like FTB's
Old 05-26-2015 | 11:17 AM
  #183088  
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Originally Posted by Professor
I'm hesitant to constructively engage here (see what I did?--do you? because its like the company 'Delta'...and the way the union 'DALPA' supposedly work together? Do you get it now?) Anyway, I was told the best jokes were the ones you have to explain a lot.

Nevertheless, I call your attention to the BOLD words above. The BOLD words above are where to I call your attention all! Timbo, brother...buddy! If you had a time machine all along you could have just said. There is all sorts of stuff we could do! Kill Hitler (duh!?), go see what all the fuss about the Helen of Troy chick was, get in on some of the VJ day action in New York (little hot grandmas at 21 time travel action!) and then we could go be pilots at Pan Am together in 1961. Leave all this muck and mire of the TA behind.

But on the off chance you don't have a time machine...WHY ARE YOU SCARED OF SOMETHING THAT HASN'T HAPPENED?

Unless you have a TA that I don't (and I don't have a TA....T&A, maybe...I'll check my browser history)...we don't know if there are concessions or huge paydays ahead. Live in the now my friend. Live. In. The. Now.

Let's debate the TA once we have one. Not disasterize (I made that word up, like it?) what we don't know yet.

But seriously if you do have a time machine I really really want to do some stuff.
What I'm afraid of is history repeating itself, a repeat of C2012.

But we'll see if we have a T/A full of concessions by June 1, won't we?
Old 05-26-2015 | 11:18 AM
  #183089  
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From: Light Chop
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I'm going to go all posiposter here.

I think it's 9 DOS + 9/5/5/5.
No changes to RJ scope.
Wins on WB scope and more jobs.
No changes to PS.

So basically, an average annual flight pay increase over the life of the contract of around:

$75K for 330A
$66K for 7ERA
$60K for 717A
$50K for 330B
$45K for 7ERB
$40K for 717B
Now with PS at 20%, by 2019 a total W2 excluding 401K:
330A would be around $398K,
7ERA would be around $350K,
717A would be around $300K,
330B around $270K,
7ERB around $240K,
717B around $210K.
Fair. I think. No? Best part is, all the improved WB scope will mean movement up for everyone. So just jump up to that next category.

I don't think the MEC would pass anything less than that.
Old 05-26-2015 | 11:20 AM
  #183090  
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Originally Posted by Timbo
What I'm afraid of is history repeating itself, a repeat of C2012.

But we'll see if we have a T/A full of concessions by June 1, won't we?
Timbo, Jerry, Carl, P. Farrell, London, Sol..The new MEC..GO DALPA!!!!


TEN
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