Any "Latest & Greatest" about Delta?
12-03-2010 | 04:55 AM
seeing the country...
Joined: Oct 2006
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From: 73N A
Our contract expires Dec 31, 2012, so basically two years. There aren't negotiations yet, but the union is preparing (they picked a negotiation team, etc)
12-03-2010 | 05:35 AM
veut gagner à la loterie
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From: Light Chop
I don't know where he's getting this, but it's wrong about management contracts and pensions.
*
I believe there's only one manager left at Delta that had an individual contract during the bankruptcy. *That's the VP of Tech Ops. *He got taken to court just like we did. *A couple of the Mullin managers fought in court to preserve their separation benefits (Burns in particular). *They didn't keep their pre-bankruptcy package. *Nobody in management currently has an individual contract. *Their (top 5) compensation package is spelled out in the annual report
*
I can't find my list, but I think there's only 3 of 35 SERP recipients left on property. *One of them left under GG and was asked to come back after a couple years separation by RA. *Another was an attorney who was the bottom recipient (I think it was $50K). *The SERPents are the ones I particularly loathe.
*
There was no separate management pension plan at Delta. *Their pension was part of the non-contract plan and has been hard frozen. Their non-qualified plan was rejected (terminated) by the bankruptcy court.
*
There's lots of reasons to be pi$$ed at Mullin, Reid, Burns, et. al. *What your fellow pilot reported to you above isn't one of them, as the facts don't support what he heard.
*
I believe there's only one manager left at Delta that had an individual contract during the bankruptcy. *That's the VP of Tech Ops. *He got taken to court just like we did. *A couple of the Mullin managers fought in court to preserve their separation benefits (Burns in particular). *They didn't keep their pre-bankruptcy package. *Nobody in management currently has an individual contract. *Their (top 5) compensation package is spelled out in the annual report
*
I can't find my list, but I think there's only 3 of 35 SERP recipients left on property. *One of them left under GG and was asked to come back after a couple years separation by RA. *Another was an attorney who was the bottom recipient (I think it was $50K). *The SERPents are the ones I particularly loathe.
*
There was no separate management pension plan at Delta. *Their pension was part of the non-contract plan and has been hard frozen. Their non-qualified plan was rejected (terminated) by the bankruptcy court.
*
There's lots of reasons to be pi$$ed at Mullin, Reid, Burns, et. al. *What your fellow pilot reported to you above isn't one of them, as the facts don't support what he heard.
12-03-2010 | 05:39 AM
Gets Weekends Off
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12-03-2010 | 05:40 AM
Works Every Weekend
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From: 737 ATL
12-03-2010 | 05:46 AM
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At the time we said "this deal sucks but bankruptcy will be worse." It was worse.
12-03-2010 | 05:49 AM
Works Every Weekend
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From: 737 ATL
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.
12-03-2010 | 05:50 AM
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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.
12-03-2010 | 05:59 AM
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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.
12-03-2010 | 06:00 AM
Gets Weekends Off
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From: Dismayed
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.
12-03-2010 | 06:03 AM
Happy to be here
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From: A-320A
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.
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