Any "Latest & Greatest" about Delta?
12-15-2010 | 07:24 AM
Happy to be here
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From: A-320A
Acl,
I understand what you are saying. The company needs money for airplanes in the future. All I am saying is that I gave already.
1.) Take a 45% paycut to help the company buy airplanes for someone else: Done. Box checked.
2.) Allow someone else to fly above mentioned aircraft while you watch your fleet and flying shrink. Done. Box checked again.
My giving spirit is exhausted. Bah humbug. I want Santa to re-fill my stocking with pay and scope.
New K AKA Ebenezer Scrooge
I understand what you are saying. The company needs money for airplanes in the future. All I am saying is that I gave already.
1.) Take a 45% paycut to help the company buy airplanes for someone else: Done. Box checked.
2.) Allow someone else to fly above mentioned aircraft while you watch your fleet and flying shrink. Done. Box checked again.
My giving spirit is exhausted. Bah humbug. I want Santa to re-fill my stocking with pay and scope.
New K AKA Ebenezer Scrooge
Like I have always said, I do not care how you do your books, or who "owns" the jet, but there will be a DAL seniority listed butt in the seat.
12-15-2010 | 07:54 AM
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Investors conference this morning 170-180 mil into IT next year
12-15-2010 | 08:10 AM
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From: 765-A
Agree 100%. Just trying to expand some of what Bar was saying. They have done this before and they will do it again. Getting debt off the balance sheet and re-categorizing it as a cash flow expense has been a pattern we have seen before It makes the company look better than it is.
Like I have always said, I do not care how you do your books, or who "owns" the jet, but there will be a DAL seniority listed butt in the seat.
Like I have always said, I do not care how you do your books, or who "owns" the jet, but there will be a DAL seniority listed butt in the seat.
12-15-2010 | 08:12 AM
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From: 765-A
Does anyone know how many short call days you are required to sit in a month you have CQ?
Is it the same as always, six? Or, does it get prorated, like when you have vacation?
Is it the same as always, six? Or, does it get prorated, like when you have vacation?
12-15-2010 | 08:13 AM
Line Holder
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Speaking of the Investor Conference, The following link contains a Slide Show from the presentation:
http://phx.corporate-ir.net/External...xUeXBlPTI=&t=1
All sorts of graphs, charts, and tables of past performance and future plans if you get off on that kind of stuff.
12-15-2010 | 08:18 AM
At home on the maddog!
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From: Retired (mandatory age 65)
12-15-2010 | 08:37 AM
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Speaking of the Investor Conference, The following link contains a Slide Show from the presentation:
http://phx.corporate-ir.net/External...xUeXBlPTI=&t=1
All sorts of graphs, charts, and tables of past performance and future plans if you get off on that kind of stuff.
http://phx.corporate-ir.net/External...xUeXBlPTI=&t=1
All sorts of graphs, charts, and tables of past performance and future plans if you get off on that kind of stuff.
1.7B debt paid down
5.3B in liquidity for 2010, will remain unchanged in 2011
Net debt of 17B for 2009, down to 15B for 2010, expected to be at 10B for 2012
Interest exp going from 1.3B to .9B and .8B 2013,
Exiting of older aircraft, not refleeting planned at this time due to aircraft which came with the merger.
And for all those staying for the lunch the ever popular Delta goodies bag!
12-15-2010 | 08:39 AM
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From: 765-A
(not contradicting your post, in fact I like the idea of closing the barn door when a cow wonders in)
Depends on if you see "unity" as negotiating capital.
All Delta flying done by Delta pilots = unity. As a union, that should be our default position. We should desire to represent all of Delta's pilot labor. It should be a political and ethical statement in addition to a litmus test for our actions in union governance.
It should also be our table position. ... If management comes to the table with 130 seats and we come to the table with status quo, the natural inclination of mediators is going to be a split up the middle, favoring management. If we come to the table with zero seats and concede to status quo after a lot of tears shed about the members getting abandoned under enemy fire, we'll end up in a position which is closer to our idea. ... and let us not forget status quo on section 1 was a whole series of concessions! We've still got a bankruptcy Section 1.
I don't pretend Continental and United are serious about a position which would cut off their feed and kill their company. What they need is a reexamination and rationalization of their scope sections. They are trying to do this via their JPWA negotiations. I say good on 'em.
Depends on if you see "unity" as negotiating capital.
All Delta flying done by Delta pilots = unity. As a union, that should be our default position. We should desire to represent all of Delta's pilot labor. It should be a political and ethical statement in addition to a litmus test for our actions in union governance.
It should also be our table position. ... If management comes to the table with 130 seats and we come to the table with status quo, the natural inclination of mediators is going to be a split up the middle, favoring management. If we come to the table with zero seats and concede to status quo after a lot of tears shed about the members getting abandoned under enemy fire, we'll end up in a position which is closer to our idea. ... and let us not forget status quo on section 1 was a whole series of concessions! We've still got a bankruptcy Section 1.
I don't pretend Continental and United are serious about a position which would cut off their feed and kill their company. What they need is a reexamination and rationalization of their scope sections. They are trying to do this via their JPWA negotiations. I say good on 'em.
Good on 'em is right. The negotiating strategy you describe for scope should be our strategy for the whole contract -- pay as well. But, I wish we had been more proactive in regards to scope over the last few years. We can't say we haven't had our chances.
Like United, we had a JPWA to be hashed out. It was done, and we didn't do anything for scope. We also had a unique chance with the sale of Compass and Messaba. We should have said we want those pilots on the seniority list right now AND we want to fly those airplanes. We didn't and now we have to wait. There has got to be some point in time where we actually try to take back what we lost and not just use that as a catchy slogan.
2012 is it.
I'm with ya.
12-15-2010 | 08:55 AM
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From: 320b
It is prorated. Look on page 23-39 of the contract. 26-31 days 6 short calls, 21-25 days 5 short calls, 16-20 days 4 short calls, etc
12-15-2010 | 09:23 AM
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From: 765-A
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