Any "Latest & Greatest" about Delta?
07-28-2011 | 06:29 AM
Line Holder
Joined: Jan 2008
Posts: 244
Likes: 10
"It continued: “We urge the nation’s airlines to put all of the profits that they are making from the lapse of the aviation taxes into an escrow account” so they can be transferred back into the government’s Airport and Airway Trust Fund when Congress reinstates the taxes, adding that “our nation’s aviation system cannot afford to have this tax revenue siphoned off by the industry.”
I think this is the real key. None of the airlines believe that the govt. is just going to let this money go. They are going to come after it once the FAA gets funding. Then it would just come out of the bottom line. I heard at the crew lounge visit yesterday that this is exactly what we are doing. We are putting the money in escrow so that when the govt. comes looking for it we will have it. Just a another way for the govt to shift the focus off of them. Why this isn't our official statement is beyond me. We sure are getting bad press of this.
I think this is the real key. None of the airlines believe that the govt. is just going to let this money go. They are going to come after it once the FAA gets funding. Then it would just come out of the bottom line. I heard at the crew lounge visit yesterday that this is exactly what we are doing. We are putting the money in escrow so that when the govt. comes looking for it we will have it. Just a another way for the govt to shift the focus off of them. Why this isn't our official statement is beyond me. We sure are getting bad press of this.
07-28-2011 | 06:34 AM
Happy to be here
Joined: Jun 2006
Posts: 18,563
Likes: 0
From: A-320A
Any other tidbits from the crew room chat? I was too busy cleaning the house to go......
07-28-2011 | 06:55 AM
Gets Weekends Off
Joined: Jan 2008
Posts: 216
Likes: 0
From: A330
Reserve question.....
Does the RAW score on top of your schedule include rotations placed on your schedule that you have not flown yet?
07-28-2011 | 07:00 AM
Moderator
Joined: Oct 2006
Posts: 13,088
Likes: 0
From: B757/767
07-28-2011 | 07:20 AM
Gets Weekends Off
Joined: Apr 2009
Posts: 917
Likes: 0
This goes back to a topic we have touched on in the past. Its possible that major airlines are no longer intended to make money for their stockholders. They are public utilities. Delta is a cash cow for other interests and is never really going to be profitable for any length of time. The only people really making "profit" from delta range from bondholders and credit card companies to peanut vendors to hotels and tax collectors. The institutional stockholders of Delta are nothing but place holders and the average investors are sacrificial lambs.
Management gives lip service to making profits for stockholders but they know the system is rigged. They have their hand in the stream. They get their million dollar salaries.
That may be why SWA never used their enormous fuel hedge windfall of the last few years to generate huge profit. Instead they used it to cut fares and try to drive down profitability in the entire industry and maybe put some people out of business.
We need top keep this in mind during negotiations. It is a mistake to think Delta needs to be profitable to pay us what we deserve. We need to view our salaries as a fixed cost to the airline just like rent or maintenance.
Management gives lip service to making profits for stockholders but they know the system is rigged. They have their hand in the stream. They get their million dollar salaries.
That may be why SWA never used their enormous fuel hedge windfall of the last few years to generate huge profit. Instead they used it to cut fares and try to drive down profitability in the entire industry and maybe put some people out of business.
We need top keep this in mind during negotiations. It is a mistake to think Delta needs to be profitable to pay us what we deserve. We need to view our salaries as a fixed cost to the airline just like rent or maintenance.
07-28-2011 | 07:27 AM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
For instance if you have a typical ATL M88 B raw score of 354 and have another 4 day tomorrow then it's still 354. Tomorrow it will jump to 401.
Yes. For anyone wondering, triple digit raw scores are common now on ATL M88 B but none of them break 70 hours. It is hell. I feel very sorry for Jesse. I think he was contemplating throwing himself down the stairwell at the crewroom to have a break. but I'm sure the company doctor would've fixed him up and put him back out on the line. It's very sad.
I wouldn't bid this if you don't really hate yourself with a passion.
07-28-2011 | 07:34 AM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
07-28-2011 | 07:36 AM
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
Likes: 0
From: 737 ATL
Just a little backfiring. Must be a bad piston.
07-28-2011 | 07:40 AM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
Bad magneto.
07-28-2011 | 07:41 AM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
The fact it has gotten to this point already is a disgrace in ever sense of the word. If a budget is not signed by the deadline this will be the first economic crisis created entirely by the bureaucracy down in Washington.
As for the taxes and fees are industry sustains to the federal coffers, I would really like to see an exact annual budget for the FAA on an annual basis.
I mean we pay $1.642 Billion every from our ticket sales, and that seems really big numbers. I understand the agency cannot sustain itself to run and needs revenue coming in for various projects and needs, but collecting $1.642 Billion off the hard work of our employs seems exploitative to me.
As for the taxes and fees are industry sustains to the federal coffers, I would really like to see an exact annual budget for the FAA on an annual basis.
I mean we pay $1.642 Billion every from our ticket sales, and that seems really big numbers. I understand the agency cannot sustain itself to run and needs revenue coming in for various projects and needs, but collecting $1.642 Billion off the hard work of our employs seems exploitative to me.
I think it could be managed a lot more wisely so that you don't have to fly around with your gear out at 3000' to burn fuel in December so that your fuel allowance for next year isn't cut. The system is broken if the incentives within the government is to waste money or fear losing your budget next year.
Not to mention a budget cut of 5% isn't a cut of 5% but a cut of growth by 5%. if you're growing 10% next year then a 5% budget cut is still a 5% increase yoy. Do that with the big budget and that's considered an inhumane draconian cut.
I think the D.C. problem could be fixed if congress' lucrative pensions were eradicated.
btw, let them fight it out in congress. not all fights are bad ones and this certainly is not a bad fight. as to the faa's budget, why do i have a sneaking suspicion nobody had to be furloughed?
Thread
Thread Starter
Forum
Replies
Last Post
