Any "Latest & Greatest" about Delta?
03-28-2011, 09:22 AM
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Joined APC: Mar 2008
Posts: 3,836
Originally Posted by TANSTAAFL
Enter Company/ALPA apologists:
Yeah, but they are parking 50 seat RJ's at an accelerated rate....
Yeah, but they are parking 50 seat RJ's at an accelerated rate....
THAT is the funniest thing I've seen in a while, fake boobs notwithstanding.
Needs to have a mustache, though, to be completely accurate.
Nu
03-28-2011, 09:27 AM
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Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Originally Posted by tsquare
If he can fill up his bank at new hire pay, about the only way he will be able to get a better rate of return is to go back in time an buy AAPL at $100/share. Also, if you envision an upgrade any time soon, the same applies. Basically, whatever rate you are making when you take it OUT of the bank is the rate it is paid. It does not matter how much you are making when you put it in...
right around when Michael Dell said Apple should "give the shareholders their money back"
It split twice
But I'm a pilot, so I sold it at $96 to put the equity towards something "more durable"...I used it as a downpayment on a house in 2006...
Cheers
George
03-28-2011, 10:02 AM
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Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
Originally Posted by JobHopper
Are people still doing that???
On another note, here is an interesting quote from Michael Boyd's Hot Flash this morning:
"It's not that Delta doesn't like Memphis. Or that the connecting hub there has no value.
But they're cutting 25% of the operations there by the end of the year...
At almost the same time, Delta ordered 12 more E-170s for Compass.
... Delta is moving with good sense to reduce the number of RJs in its fleet, and the E-170 order is completely consistent with that strategy. That's because, common nomenclature notwithstanding, the E-170 is not a "regional jet." To the contrary, the market niche they were originally aimed at was the lower-end of the single-aisle category - DC-9-10s, BAC-111s, F-100s - that had been abandoned by Boeing and Airbus. (We know - we were there.) Regardless of who's going to crew them, those -170s are all about moving toward less RJ and more mainline-cabin flying."
I've been following Boyd weekly for 7 years. He's right about, oh, 100% of the time. It's clear that management likes the DCI flying, we will never see that flying again at mainline us we TAKE IT BACK, and any future relaxation of scope will be fully exploited by the company.
On another note, here is an interesting quote from Michael Boyd's Hot Flash this morning:
"It's not that Delta doesn't like Memphis. Or that the connecting hub there has no value.
But they're cutting 25% of the operations there by the end of the year...
At almost the same time, Delta ordered 12 more E-170s for Compass.
... Delta is moving with good sense to reduce the number of RJs in its fleet, and the E-170 order is completely consistent with that strategy. That's because, common nomenclature notwithstanding, the E-170 is not a "regional jet." To the contrary, the market niche they were originally aimed at was the lower-end of the single-aisle category - DC-9-10s, BAC-111s, F-100s - that had been abandoned by Boeing and Airbus. (We know - we were there.) Regardless of who's going to crew them, those -170s are all about moving toward less RJ and more mainline-cabin flying."
I've been following Boyd weekly for 7 years. He's right about, oh, 100% of the time. It's clear that management likes the DCI flying, we will never see that flying again at mainline us we TAKE IT BACK, and any future relaxation of scope will be fully exploited by the company.
The problem is Section 1.
compared with the rest of Section 1, the AF JV is tightly controlled. That is a good thing. The flying is balanced at a 50% share of ASMs across the Atlantic. They grow, we grow, they shrink, we shrink. The balance of ASMs is reviewed annually and there are remedies in place in case the balance goes beyond a 47/53% ratio (6% imbalance)...
The remainder of Section 1 covers codeshare and RJ flying, something different from a JV, but an agreement to have someone other than Delta pilots do the flying nonetheless.
For some reason the architects of the remaining portions of Section 1 didn't have the foresight to require annual reviews as stipulated in the AF JV agreement.
If the RJ flying had been pegged at a certain portion of ASMs back when it was introduced, the RJs would have shared the fleet drawdown with mainline.
In fact had the DCI portion of Section 1 pegged the RJ/Mainline flying balance as a ratio of ASMs, we would have seen a reduction in the number of RJs as larger 70 and 76 seaters were introduced because the bigger jets produce more ASMs per flight...
Alas, that's not the type of agreement we have, so we're stuck with what we have...
Going forward this should be a good lesson. At a minimum require an annual review and establish a ceiling for non-JV Section 1 agreements with a cap on the ASM ratio...
Cheers
George
03-28-2011, 10:50 AM
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Joined APC: Apr 2008
Position: DAL FO
Posts: 2,139
Originally Posted by tsquare
If he can fill up his bank at new hire pay, about the only way he will be able to get a better rate of return is to go back in time an buy AAPL at $100/share. Also, if you envision an upgrade any time soon, the same applies. Basically, whatever rate you are making when you take it OUT of the bank is the rate it is paid. It does not matter how much you are making when you put it in...
One of the few ways a reserve can even get paid much beyond 80 is with Greenslips, but they are pay no credit, so again you cannot bank that time.
It's a great idea, but hard to implement unless you're a lineholder.
Btw - I'm a fan of the cap at ALV+15. This is in no way a slam on the cap; just a little reality check for those hoping to pull this off. A better solution would be for us ALL to get a sizeable pay raise (or restoration depending on your perspective.) SWA W2's for all small narrowbodies is a good place to start, and then index up from there. That should be a minimum.
03-28-2011, 10:59 AM
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Joined APC: Sep 2007
Posts: 1,227
Originally Posted by LeineLodge
The piece of the puzzle that makes this difficult as a junior/reserve/FOrever is that you will likely not break 70 hours of credit very often your first year. You must break 80 hours of CREDIT before you can begin banking any time. It's difficult/nearly impossible to bank any significant amount of time during your first year unless you are one of the fortunate bow-riders that got on at the beginning of a hiring wave and can hold a line.
One of the few ways a reserve can even get paid much beyond 80 is with Greenslips, but they are pay no credit, so again you cannot bank that time.
It's a great idea, but hard to implement unless you're a lineholder.
Btw - I'm a fan of the cap at ALV+15. This is in no way a slam on the cap; just a little reality check for those hoping to pull this off. A better solution would be for us ALL to get a sizeable pay raise (or restoration depending on your perspective.) SWA W2's for all small narrowbodies is a good place to start, and then index up from there. That should be a minimum.
One of the few ways a reserve can even get paid much beyond 80 is with Greenslips, but they are pay no credit, so again you cannot bank that time.
It's a great idea, but hard to implement unless you're a lineholder.
Btw - I'm a fan of the cap at ALV+15. This is in no way a slam on the cap; just a little reality check for those hoping to pull this off. A better solution would be for us ALL to get a sizeable pay raise (or restoration depending on your perspective.) SWA W2's for all small narrowbodies is a good place to start, and then index up from there. That should be a minimum.
03-28-2011, 11:08 AM
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Joined APC: Apr 2008
Position: DAL FO
Posts: 2,139
Originally Posted by PilotFrog
Depends on the fleet. He is a new hire on the 320 in DTW and already has a line. Also broke 80 multiple times as a RES. I guess he is on the front of that wave.
I'm just speaking from personal experience. My bank was at -27:00 last January 2010. Us Northies mostly came in with a -15 hour bank, and then I bought 4 vacation days. Since then I've been trying to pay into it pretty steadily. I've been a lineholder since last summer and am now at +10. Even as a lineholder it's hard to bank more than 10 hours a month (as you have to get to 90 hours of CREDIT to do this.) I personally don't like flying that much EVERY month
Like I said, it's a great idea. It's just not as easy or quick as it sounds.
03-28-2011, 11:52 AM
Inventory survival kit ..
Joined APC: Jul 2008
Position: Seeking no jacket required rotations
Posts: 1,069
Originally Posted by Check Essential
Alright, last of the silly Monday stuff.
Here's our very own forgot to bid singing Katy Perry in his layover hotel room.
Here's our very own forgot to bid singing Katy Perry in his layover hotel room.
YouTube - Numa Numa
Last edited by Nosmo King; 03-28-2011 at 12:31 PM.
03-28-2011, 12:16 PM
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Posts: 784
........................
03-28-2011, 12:24 PM
Inventory survival kit ..
Joined APC: Jul 2008
Position: Seeking no jacket required rotations
Posts: 1,069
Today's depressing political commercial.
03-28-2011, 12:29 PM
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Originally Posted by LeineLodge
The piece of the puzzle that makes this difficult as a junior/reserve/FOrever is that you will likely not break 70 hours of credit very often your first year. You must break 80 hours of CREDIT before you can begin banking any time. It's difficult/nearly impossible to bank any significant amount of time during your first year unless you are one of the fortunate bow-riders that got on at the beginning of a hiring wave and can hold a line.
One of the few ways a reserve can even get paid much beyond 80 is with Greenslips, but they are pay no credit, so again you cannot bank that time.
It's a great idea, but hard to implement unless you're a lineholder.
Btw - I'm a fan of the cap at ALV+15. This is in no way a slam on the cap; just a little reality check for those hoping to pull this off. A better solution would be for us ALL to get a sizeable pay raise (or restoration depending on your perspective.) SWA W2's for all small narrowbodies is a good place to start, and then index up from there. That should be a minimum.
One of the few ways a reserve can even get paid much beyond 80 is with Greenslips, but they are pay no credit, so again you cannot bank that time.
It's a great idea, but hard to implement unless you're a lineholder.
Btw - I'm a fan of the cap at ALV+15. This is in no way a slam on the cap; just a little reality check for those hoping to pull this off. A better solution would be for us ALL to get a sizeable pay raise (or restoration depending on your perspective.) SWA W2's for all small narrowbodies is a good place to start, and then index up from there. That should be a minimum.
Last edited by tsquare; 03-28-2011 at 01:11 PM.
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