Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Apr 2008
Posts: 1,619
At the time we said "this deal sucks but bankruptcy will be worse." It was worse.
Some of it highly misleading.
It surprises me to see slowplay defend anything about the robber baron regime that ran Delta during that period.
The VP of Tech Ops is a "SERPent". He got one of the trust accounts.
Yes, the excess benefit (non-qualified) portion of management pensions was terminated in bankruptcy, AFTER the money (plussed up for taxes) was all paid out to the serp beneficiaries in the form of secular trusts.
And this:
"Nobody in management has an individual contract."
That might be the doozy of all misleading statements.
It surprises me to see slowplay defend anything about the robber baron regime that ran Delta during that period.
The VP of Tech Ops is a "SERPent". He got one of the trust accounts.
Yes, the excess benefit (non-qualified) portion of management pensions was terminated in bankruptcy, AFTER the money (plussed up for taxes) was all paid out to the serp beneficiaries in the form of secular trusts.
And this:
"Nobody in management has an individual contract."
That might be the doozy of all misleading statements.
Gets Weekends Off
Joined APC: Apr 2008
Posts: 1,619
This is the single reason why our profession is not what it used to be. This lead to scope concessions, our ridiculous pay cuts, lost pensions, etc. If ALPA would have told the company that we have contracts and are not willing to negotiate, we might have taken some pay cuts and still lost some pensions, but we would undeniably be in a better spot than we are now. We would have our highest paying contracts in history as a starting point in bankruptcy. It would have been at all carriers including US Airways. I put this solely on ALPA national as all the legacy airlines were in the same spot. ALPA's strategy was the same at every carrier and it failed miserably.
Gets Weekends Off
Joined APC: Apr 2008
Posts: 1,619
The other MISERABLE failure was to accept the first offer in BK. The NWA flight attendants refused the first 3 BK contracts until they got one they thought they could barely live with. The NWA flight attendants were willing to risk having a contract imposed on them, and live with it until the company emerged from BK. At which time their imposed contract immediately expired. They were willing to take that risk. Ultimately, the company was not and upped the ante 3 additional times to entice the FA's to sign a contract that was not imposed.
Hawaiin Airlines pilots also turned down their TA in BK. They were not scared of living under an imposed contract for the same reason as our FA's. Hawaiin pilots got significant increases in all areas in their second TA...which they ultimately signed.
Both NWA and DAL pilots...signed the very first offer that came down from management and the judge. No snapbacks, no nothing. Just signed it.
Carl
Hawaiin Airlines pilots also turned down their TA in BK. They were not scared of living under an imposed contract for the same reason as our FA's. Hawaiin pilots got significant increases in all areas in their second TA...which they ultimately signed.
Both NWA and DAL pilots...signed the very first offer that came down from management and the judge. No snapbacks, no nothing. Just signed it.
Carl
DAL first offered their bankruptcy ask to ALPA in August 2005. The final deal was signed in April 2006, 8 months later. It was not the first offer that came down from management it was not 10th or 20th, it was after a long series of negotiations, we took them to court, we took them to an arbitration, we organized our strike committee, we picketed, we took many actions that gave us the best bankruptcy deal amongst all the other carriers.
Aloha went into bankruptcy and they liquidated. Using your Hawaiin logic, you can say ALPA saved your job. All bankruptcies are different.
For a guy that claims so much experience, you seem to never get your facts or your history straight.
More Fifi?
Sorry to interrupt the bankruptcy discussion, but here is something from Bloomberg
Delta Looks at Airbus A320 for Boeing-Dominated Fleet - Bloomberg
Delta Air Lines Inc. will weigh adding a more fuel-efficient version of Airbus SAS’s narrow-body A320 to its fleet, historically dominated by Boeing Co. jets.
“Like everyone else, we’ll look closer at the A320 to see if it might merit deeper consideration for our long-term fleet plans,” Chief Executive Officer Richard Anderson said last night in a weekly recorded message to employees.
Airbus said earlier this week it will offer new engines for its single-aisle A320 aircraft series that can increase fuel efficiency by 15 percent. The planes, which will be available in 2016, compete with Boeing’s 737.
“We wish Boeing would do the same, but it doesn’t look like the 737 will have much innovation in the coming years.”
Boeing Commercial Airplanes CEO Jim Albaugh said in October that the business case for new engines is “not as compelling as we’d like to see.”
About two-thirds of Delta’s fleet at the end of September consisted of jets from Chicago-based Boeing and companies it has acquired. Delta gained Airbus planes when it bought Northwest Airlines Corp. in 2008.
Delta has repeatedly said that it doesn’t plan to purchase many new planes in the immediate future, and is instead spending $1 billion on its existing fleet to add flat-bed seats and first-class cabins.
Delta’s narrow-body jets include more than 100 MD-88s that are about 20 years old on average, about 50 DC-9s that are 34 years, and about 70 A320s that are 16 years old, according to a regulatory filing for the third quarter.
“While we’re pretty happy with our fleet today, we’re always watching changes in the capability of aircraft,” Anderson said.
“Like everyone else, we’ll look closer at the A320 to see if it might merit deeper consideration for our long-term fleet plans,” Chief Executive Officer Richard Anderson said last night in a weekly recorded message to employees.
Airbus said earlier this week it will offer new engines for its single-aisle A320 aircraft series that can increase fuel efficiency by 15 percent. The planes, which will be available in 2016, compete with Boeing’s 737.
“We wish Boeing would do the same, but it doesn’t look like the 737 will have much innovation in the coming years.”
Boeing Commercial Airplanes CEO Jim Albaugh said in October that the business case for new engines is “not as compelling as we’d like to see.”
About two-thirds of Delta’s fleet at the end of September consisted of jets from Chicago-based Boeing and companies it has acquired. Delta gained Airbus planes when it bought Northwest Airlines Corp. in 2008.
Delta has repeatedly said that it doesn’t plan to purchase many new planes in the immediate future, and is instead spending $1 billion on its existing fleet to add flat-bed seats and first-class cabins.
Delta’s narrow-body jets include more than 100 MD-88s that are about 20 years old on average, about 50 DC-9s that are 34 years, and about 70 A320s that are 16 years old, according to a regulatory filing for the third quarter.
“While we’re pretty happy with our fleet today, we’re always watching changes in the capability of aircraft,” Anderson said.
Yep, Airbus is forcing the issue with Boeing. Airbus can hang a GTF on the 320, but the clearance on the 73N is too low. It will have to be a clean sheet design.
Delta’s Secular Trust Recipients
NAME
TITLE
NET TRUST PAYMENT W/ TAX "GROSS-UP"
BENEFIT AFTER TAXES
William E. Barnette
President, ASA Holdings Inc.
$815,974
$447,648
Robert Bell
Vice president, schedule development
$217,651
$117,074
Harold L. Bevis Jr.
Vice president, public affairs
$340,236
$184,798
John W. Boatright
Vice president, real estate
$363,411
$197,544
Walter A. Brill
Vice president, associate general counsel
$462,768
$253,174
M. Michele Burns
Exec. VP & CFO
$790,529
$435,660
Frederick W.P. Buttrell
President and CEO, Delta Connection Inc.
$93,361
$50,450
Vincent Caminiti
Sr. vice president, profitability initiatives
$545,999
$300,610
Anthony N. Charaf
Sr. vice president, Delta Air Logistics
$104,761
$55,505
Robert Colman
Exec. VP, HR
$2.1 million
$1.1 million
Terry M. Erskine
Vice president, labor relations
$1.3 million
$732,269
Vicki Escarra
Exec. vice president, marketing
$1.6 million
$884,262
Robert Harkey
Sr. VP, general counsel
$2.5 million
$1.4 million
Michael D. Keen
General Attorney II
$125,166
$88,446
Leslie P. Klemperer
Vice president, associate general counsel, secretary
$298,195
$162,280
Joseph Licitra
Vice president, airport customer service east
$100,640
$52,162
Lee A. Macenczak
Sr. vice president, sales and distribution
$200,825
$108,640
Paul Matsen
Sr. vice president, international alliances
$182,853
$99,420
Patrice Miles
Vice president, consumer marketing
$114,829
$60,602
Leo Mullin
Chairman & chief executive
$8.2 million
$4.5 million
Leon A. Piper
Vice president, worldwide benefits
$478,679
$261,823
Frederick Reid
President & COO
$1.5 million
$844,547
Gregory Riggs
Vice president - deputy general counsel
$544,614
$298,501
Thomas Slocum
Sr. vice president, corporate communications
$292,733
$159,728
James B. Taylor
Delta Benefit Trust
$332,425
$ 181,061
Ray Valeika
Sr. vice president, technical operations
$390,538
$214,406
John Varley
Assoc. General Counsel
$143,086
$76,240
William J. Williams
President and CEO, Delta Employees Credit Union
$251,547
$136,657
Lemuel Wimbish Jr.
Vice president, airport customer service Worldport
$95,545
$50,267
Donald Scott Yohe
Sr. vice president, government affairs
$791,780
$435,548
Michael M. Young
Vice president, community affairs
$111,642
$58,100
W. Paul Zampol
General Attorney II
$70,666
$35,943
Joseph Zang
General Attorney II
$94,253
$49,004
NAME
TITLE
NET TRUST PAYMENT W/ TAX "GROSS-UP"
BENEFIT AFTER TAXES
William E. Barnette
President, ASA Holdings Inc.
$815,974
$447,648
Robert Bell
Vice president, schedule development
$217,651
$117,074
Harold L. Bevis Jr.
Vice president, public affairs
$340,236
$184,798
John W. Boatright
Vice president, real estate
$363,411
$197,544
Walter A. Brill
Vice president, associate general counsel
$462,768
$253,174
M. Michele Burns
Exec. VP & CFO
$790,529
$435,660
Frederick W.P. Buttrell
President and CEO, Delta Connection Inc.
$93,361
$50,450
Vincent Caminiti
Sr. vice president, profitability initiatives
$545,999
$300,610
Anthony N. Charaf
Sr. vice president, Delta Air Logistics
$104,761
$55,505
Robert Colman
Exec. VP, HR
$2.1 million
$1.1 million
Terry M. Erskine
Vice president, labor relations
$1.3 million
$732,269
Vicki Escarra
Exec. vice president, marketing
$1.6 million
$884,262
Robert Harkey
Sr. VP, general counsel
$2.5 million
$1.4 million
Michael D. Keen
General Attorney II
$125,166
$88,446
Leslie P. Klemperer
Vice president, associate general counsel, secretary
$298,195
$162,280
Joseph Licitra
Vice president, airport customer service east
$100,640
$52,162
Lee A. Macenczak
Sr. vice president, sales and distribution
$200,825
$108,640
Paul Matsen
Sr. vice president, international alliances
$182,853
$99,420
Patrice Miles
Vice president, consumer marketing
$114,829
$60,602
Leo Mullin
Chairman & chief executive
$8.2 million
$4.5 million
Leon A. Piper
Vice president, worldwide benefits
$478,679
$261,823
Frederick Reid
President & COO
$1.5 million
$844,547
Gregory Riggs
Vice president - deputy general counsel
$544,614
$298,501
Thomas Slocum
Sr. vice president, corporate communications
$292,733
$159,728
James B. Taylor
Delta Benefit Trust
$332,425
$ 181,061
Ray Valeika
Sr. vice president, technical operations
$390,538
$214,406
John Varley
Assoc. General Counsel
$143,086
$76,240
William J. Williams
President and CEO, Delta Employees Credit Union
$251,547
$136,657
Lemuel Wimbish Jr.
Vice president, airport customer service Worldport
$95,545
$50,267
Donald Scott Yohe
Sr. vice president, government affairs
$791,780
$435,548
Michael M. Young
Vice president, community affairs
$111,642
$58,100
W. Paul Zampol
General Attorney II
$70,666
$35,943
Joseph Zang
General Attorney II
$94,253
$49,004
Anybody know what Reduced Lower Limit means? It is on the crew resources and sched page down where the ALVs for Jan are.
Exception two: In an international category with a limited mix of rotations, the lower limit of the LCW may be reduced (and noted in the bid package as the reduced LCW lower limit). This reduction is intended to allow the construction of a line for a pilot who otherwise would not be awarded a line. The published LCW lower limit may be waived to the reduced LCW lower limit at pilot request (through PBS) to allow a line award that is below the published LCW lower limit. A pilot who has elected the LCW waiver may be awarded a line below the LCW only after PBS is unable to award a line within the LCW. The Director – Crew Resources and the MEC Scheduling Committee Chairman will mutually agree to the reduced LCW lower limit for affected categories.
from LOA #20
Dang, I should have majored in vice presidency when I went to school...
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