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Old 06-05-2015 | 11:15 AM
  #183561  
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Originally Posted by D Mantooth
So his predictions came to fruition?

We have less (sic) DAL pilots?
We stagnated?
Our W2s didn't grow?

How was he right?

Good Lord, if we're not going to be honest with each other here, why are we even bothering to have a conversation?
He was making predictions based on C2012...not the economies of the future. He was wrong about economic predictions but right about C2012's impact on jobs. If Delta decided to stagnate, there would have been job losses resulting from C2012 and boog would have predicted correctly. If Delta had decided to shrink the airline, then it would have been unfair to blame the shrinkage job losses on C2012...only the job losses resulting from our concessions in C2012.

I understand your need to twist people's predictions, but if Delta had shrunk the airline, you'd be pounding the table right now saying you can't blame that on C2012. And you'd be right.

Carl
Old 06-05-2015 | 11:18 AM
  #183562  
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Originally Posted by D Mantooth
I understand your position, I just disagree with your premise. Absent a vote by the MEC or a new PWA, section one remains intact.

I do understand your point, though.

It is my hope that the TA contains stronger language re: JVs.
That's just not true. If this settlement agreement doesn't state a remedy and timeline for cure, our scope has been re-written. Then we'll be down to hoping that TA2015 re-cures it with new language that is actually defensible without grievance.

Carl
Old 06-05-2015 | 11:19 AM
  #183563  
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Originally Posted by Carl Spackler
He was making predictions based on C2012...not the economies of the future. He was wrong about economic predictions but right about C2012's impact on jobs. If Delta decided to stagnate, there would have been job losses resulting from C2012 and boog would have predicted correctly. If Delta had decided to shrink the airline, then it would have been unfair to blame the shrinkage job losses on C2012...only the job losses resulting from our concessions in C2012.

I understand your need to twist people's predictions, but if Delta had shrunk the airline, you'd be pounding the table right now saying you can't blame that on C2012. And you'd be right.

Carl
Wow.

Ok.

Enjoy the last word.
Old 06-05-2015 | 11:27 AM
  #183564  
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Originally Posted by D Mantooth
Almost certainly the answer is NO. The grievance settlement has NO EFFECT on the PWA. Contract language could not be involved or the MEC chairman would not have had the power to settle the grievance. The MEC chairman cannot unilaterally change the contract.

Also, as long as we're pointing out inaccuracies, the original JV balance wasn't 52%. It was 50% when it was just AF and DL. Then 52% with AF and KLM. Then 50% when Alitalia was added.
But 50% was defined as 48.5%. After 4 years they couldn't even honor the low end.
Old 06-05-2015 | 11:41 AM
  #183565  
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Originally Posted by gloopy
But 50% was defined as 48.5%. After 4 years they couldn't even honor the low end.
True.

Although, to be fair, they weren't even at 50% when they signed the agreement (if my memory serves). They agreed to that level based on overly-optimistic predictions. It cost them $30,000,000.

I don't know the costing numbers, so I won't comment yet on whether that penalty was appropriate.
Old 06-05-2015 | 11:58 AM
  #183566  
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Originally Posted by D Mantooth
True.

Although, to be fair, they weren't even at 50% when they signed the agreement (if my memory serves). They agreed to that level based on overly-optimistic predictions. It cost them $30,000,000.

I don't know the costing numbers, so I won't comment yet on whether that penalty was appropriate.
That's too bad for them. They also gambled on fuel hedging and lost much more than that. Did they get to go back to the hedge fund and tell them they are not going to pay up? The bottom line is they AGREED to a contract and then failed to honor that. Now we need language in this contract that does not allow them to continue to do that.
Old 06-05-2015 | 12:00 PM
  #183567  
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Originally Posted by qball
That's too bad for them. They also gambled on fuel hedging and lost much more than that. Did they get to go back to the hedge fund and tell them they are not going to pay up? The bottom line is they AGREED to a contract and then failed to honor that. Now we need language in this contract that does not allow them to continue to do that.
I concur. I'm sorry if I gave the idea that I was defending the company. I certainly wasn't.
Old 06-05-2015 | 12:03 PM
  #183568  
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Originally Posted by qball
That's too bad for them. They also gambled on fuel hedging and lost much more than that. Did they get to go back to the hedge fund and tell them they are not going to pay up? The bottom line is they AGREED to a contract and then failed to honor that. Now we need language in this contract that does not allow them to continue to do that.
They used a hedge fund for fuel hedging? Wow!
Old 06-05-2015 | 12:27 PM
  #183569  
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Originally Posted by dalad
They used a hedge fund for fuel hedging? Wow!
Not up on the mechanics but I think you get the idea.
Old 06-05-2015 | 03:26 PM
  #183570  
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If we flew our planes as successfully as Delta hedges fuel, I can assume we be practicing ditching quite often in the simulator.
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