Any "Latest & Greatest" about Delta?
10-11-2011, 12:44 PM
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Originally Posted by Denny Crane
I don't think you are either. After the pension debacle I understand completely where you are coming from as far as having the benefit in your own name but I'm not ready to completely give up on JL's proposal just yet.
Is the D&S plan protected by ERSIA? If it is, I would think the company would have a hard time getting rid of it outside of bankruptcy and even inside of bankruptcy if the plan is close to being self funding. I know this would be a hard if not impossible question to answer but how close is the plan to being self funding? I know it all depends on the investment return but I would be curious how it has performed in the last few years and what it's expenses each year have been. Before I make a decision about what I'd like, I'd want to see the actual numbers of potential future survivors receiving benefits that you alluded to in a previous post.
Thanks for the civil discussion.
Denny
Is the D&S plan protected by ERSIA? If it is, I would think the company would have a hard time getting rid of it outside of bankruptcy and even inside of bankruptcy if the plan is close to being self funding. I know this would be a hard if not impossible question to answer but how close is the plan to being self funding? I know it all depends on the investment return but I would be curious how it has performed in the last few years and what it's expenses each year have been. Before I make a decision about what I'd like, I'd want to see the actual numbers of potential future survivors receiving benefits that you alluded to in a previous post.
Thanks for the civil discussion.
Denny
10-11-2011, 01:15 PM
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Originally Posted by Pineapple Guy
Denny, I googled "Delta Air Lines Form 5500". Up popped a link to download that off the "Disabled Delta Pilots & Survivor's Association" website. If you reference that, it pretty much validates what slowplay said earlier. As of 6/30/10, the D&S has about $1B in assets, but $1.8B in liabilities, with the majority of those liabilities to pay current survivors and future survivors of current retirees. Considering, its substantially underfunded at present, it seems a bit unfair to drain the fund further to pay me a future survivor benefit, unless, of course, we want to negotiate to greatly increase the funding. But that would be significant cash, and I'd rather have that in my paycheck, rather than the D&S Trust.
10-11-2011, 01:20 PM
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Originally Posted by DAL 88 Driver
Oh crap! Now I'm agreeing with PG too!!!
and I can't help but post this one...
10-11-2011, 01:28 PM
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Originally Posted by forgot to bid
"There are only 10 kinds of people in the world, those who understand binary, and those who don't."
10-11-2011, 02:05 PM
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Reports in lga slot swap I'd DONE!
http://www.businessweek.com/news/201...lot-trade.html
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
http://www.businessweek.com/news/201...lot-trade.html
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
10-11-2011, 02:11 PM
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Originally Posted by Superpilot92
Reports in lga slot swap I'd DONE!
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade - Businessweek
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade - Businessweek
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
Just in time for the next AE. Beefed up NYCM88 and 320 base coming to NYC?
10-11-2011, 02:16 PM
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Originally Posted by MoonShot
Just in time for the next AE. Beefed up NYCM88 and 320 base coming to NYC?
10-11-2011, 02:23 PM
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Originally Posted by MoonShot
Just in time for the next AE. Beefed up NYCM88 and 320 base coming to NYC?
10-11-2011, 02:23 PM
veut gagner à la loterie
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Position: Light Chop
Posts: 23,286
Originally Posted by Superpilot92
Reports in lga slot swap I'd DONE!
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade - Businessweek
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade - Businessweek
Delta Wins LaGuardia Growth Bid as U.S. Backs Flight-Slot Trade
October 11, 2011, 5:05 PM EDT
Oct. 11 (Bloomberg) -- Delta Air Lines Inc. won federal regulators’ approval to build a domestic hub at New York’s LaGuardia airport by trading takeoff and landing slots with US Airways Group Inc.
The accord gives Delta 132 more LaGuardia slot pairs and control of about half the flights there, in exchange for swapping 42 of its pairs at Washington’s Ronald Reagan National Airport with US Airways, the U.S. Department of Transportation said today in a filing. The carriers must divest 24 pairs to smaller rivals, 16 at LaGuardia and eight at National.
Delta’s advantage at LaGuardia over AMR Corp.’s American Airlines, the second-biggest carrier there, will grow as it takes over most of the US Airways terminal space. Creating a domestic hub at LaGuardia will complement Atlanta-based Delta’s international hub at Kennedy airport.
10-11-2011, 02:24 PM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
What about a A320... wait for it... BOS base?
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