Any "Latest & Greatest" about Delta?
12-02-2011 | 03:16 PM
Gets Weekends Off
Joined: Feb 2008
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I believe you are mistaken regarding the "no match obviously" comment.
My recollection is that when you are on long term disability Delta's defined contribution percentage actually doubles. It makes sense if you think about it...
When you are on long term disability your income from Delta (actually the Disability and Survivorship trust) is half of what it was and thus their retirement contribution would be halved as well. Using the assumption that one's retirement should not suffer from a disability event, Delta's contribution is doubled so that when you return to active service your retirement account will be essentially whole, and your ability to retire on time is not affected.
My recollection is that when you are on long term disability Delta's defined contribution percentage actually doubles. It makes sense if you think about it...
When you are on long term disability your income from Delta (actually the Disability and Survivorship trust) is half of what it was and thus their retirement contribution would be halved as well. Using the assumption that one's retirement should not suffer from a disability event, Delta's contribution is doubled so that when you return to active service your retirement account will be essentially whole, and your ability to retire on time is not affected.
12-02-2011 | 03:24 PM
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Joined: Jul 2010
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From: window seat
The market cycle theorists are high on printed money right now which the stock market loves. Their playbook is as old and dysfunctional as the ones many airline managers read from. When its the only book on the shelf though, its hard to believe in anything else.
In either case, we need to be able to win. HVC's, leisure travelers, belly cargo, mail, whatever. Good or bad economy, this industry will have winners and losers. I hope we can win rather than capacity dump when things get tough and give our futures to the domestic and international upstarts.
12-02-2011 | 04:02 PM
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
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From: Light Chop
Just for those of you who need a laugh...
My computer died. After weeks of milking it my wife demanded I go buy a new one. the hardware is fine it's vista- it blows. So I bought a new Toshiba today at Best Buy for $350. Awesome deal to me, only one left in ATL and you couldn't order it. Happy. 17.4" screen.
Pull it out of the box, uploaded MS Office 2010 and was downloading a couple of things and was about to try it out when it got completely barfed on. So it lasted for a hour or so.
See, my 10 month old son was beside me has been sick and well when I picked him up to move him to dinner he let loose. There was a cough, and then projectile vomiting and I have to say his aiming was impeccable and distance was pretty astounding. Of course he hadn't turned his head towards it he wouldn't have hit it. It was about 5' away. Honestly I don't know how any made it to the computer, my pullover and t-shirt were soaked.
But he soaked the screen and keyboard and every crack and crevice including under the keyboard, the keys finally work now. the computer was dripping and white. it was amazing. Of course my daughter learned a new word from dada when he turned his head and saw the computer.
Now I spent the evening cleaning up the keyboard in between two sick kids falling to pieces and one's potty training becoming a disaster from her illness. of course when she fell on the baby that made all that look like child's play.
I need to yellow slip.
my wife wants to yellow slip first though.
FTB
out of commission.
My computer died. After weeks of milking it my wife demanded I go buy a new one. the hardware is fine it's vista- it blows. So I bought a new Toshiba today at Best Buy for $350. Awesome deal to me, only one left in ATL and you couldn't order it. Happy. 17.4" screen.
Pull it out of the box, uploaded MS Office 2010 and was downloading a couple of things and was about to try it out when it got completely barfed on. So it lasted for a hour or so.
See, my 10 month old son was beside me has been sick and well when I picked him up to move him to dinner he let loose. There was a cough, and then projectile vomiting and I have to say his aiming was impeccable and distance was pretty astounding. Of course he hadn't turned his head towards it he wouldn't have hit it. It was about 5' away. Honestly I don't know how any made it to the computer, my pullover and t-shirt were soaked.
But he soaked the screen and keyboard and every crack and crevice including under the keyboard, the keys finally work now. the computer was dripping and white. it was amazing. Of course my daughter learned a new word from dada when he turned his head and saw the computer.
Now I spent the evening cleaning up the keyboard in between two sick kids falling to pieces and one's potty training becoming a disaster from her illness. of course when she fell on the baby that made all that look like child's play.
I need to yellow slip.
my wife wants to yellow slip first though.
FTB
out of commission.
12-02-2011 | 04:26 PM
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
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In light of these numbers, I'll repost this math. The company can shrink/outsource 200 jobs/year without even trying. We ABSOLUTELY need to recover scope in this next contract. Anyone who is interested in moving up on the seniority list needs to vote NO to a status-quo Section 1.
One scenario: company gives another little bit of flying to AS. ALPA and MGT: it's nothing, just .5% of our flying and plus it helps us make money. Company finds a way to end around the AF JV restrictions. DALPA and MGT: don't worry, they are only out of compliance by 1%...we will give them a break for now because we are actually making money. Company pulls back flying by another 1% YOY like in this AE. ALPA and MGT: well we have to do this. This is a bad economy and look how high fuel prices are. Company replaces a few more 88/90 routes with the big RJs they already have. ALPA and MGT: don't be concerned, it's only .5% of our flying, and plus look at all the 50 seaters we are parking!
Well, none of those sound too horrible, but add up those block hour cuts. 12,000 x (.5% + 1% + 1% + .5%) = 360 pilots not needed in a year. And how many retirements do we have coming, on average? I bet a the next 5+ years (maybe even 10) would average to around 360. So I don't put too much stock in the consolation "it'll happen soon enough, and once they start hiring they won't be able to stop."
"Show me the money" is great, but you damn well better show me an iron-clad scope wallet to put that money in. We gained a little stock in the merger, but I guarantee we lost much, much more than that in $ and in QOL as we have stagnated and slipped backwards.
One scenario: company gives another little bit of flying to AS. ALPA and MGT: it's nothing, just .5% of our flying and plus it helps us make money. Company finds a way to end around the AF JV restrictions. DALPA and MGT: don't worry, they are only out of compliance by 1%...we will give them a break for now because we are actually making money. Company pulls back flying by another 1% YOY like in this AE. ALPA and MGT: well we have to do this. This is a bad economy and look how high fuel prices are. Company replaces a few more 88/90 routes with the big RJs they already have. ALPA and MGT: don't be concerned, it's only .5% of our flying, and plus look at all the 50 seaters we are parking!
Well, none of those sound too horrible, but add up those block hour cuts. 12,000 x (.5% + 1% + 1% + .5%) = 360 pilots not needed in a year. And how many retirements do we have coming, on average? I bet a the next 5+ years (maybe even 10) would average to around 360. So I don't put too much stock in the consolation "it'll happen soon enough, and once they start hiring they won't be able to stop."
"Show me the money" is great, but you damn well better show me an iron-clad scope wallet to put that money in. We gained a little stock in the merger, but I guarantee we lost much, much more than that in $ and in QOL as we have stagnated and slipped backwards.
12-02-2011 | 04:29 PM
Gets Weekends Off
Joined: Apr 2008
Posts: 2,206
Likes: 0
From: DAL FO
Just for those of you who need a laugh...
My computer died. After weeks of milking it my wife demanded I go buy a new one. the hardware is fine it's vista- it blows. So I bought a new Toshiba today at Best Buy for $350. Awesome deal to me, only one left in ATL and you couldn't order it. Happy. 17.4" screen.
Pull it out of the box, uploaded MS Office 2010 and was downloading a couple of things and was about to try it out when it got completely barfed on. So it lasted for a hour or so.
See, my 10 month old son was beside me has been sick and well when I picked him up to move him to dinner he let loose. There was a cough, and then projectile vomiting and I have to say his aiming was impeccable and distance was pretty astounding. Of course he hadn't turned his head towards it he wouldn't have hit it. It was about 5' away. Honestly I don't know how any made it to the computer, my pullover and t-shirt were soaked.
But he soaked the screen and keyboard and every crack and crevice including under the keyboard, the keys finally work now. the computer was dripping and white. it was amazing. Of course my daughter learned a new word from dada when he turned his head and saw the computer.
Now I spent the evening cleaning up the keyboard in between two sick kids falling to pieces and one's potty training becoming a disaster from her illness. of course when she fell on the baby that made all that look like child's play.
I need to yellow slip.
my wife wants to yellow slip first though.
FTB
out of commission.
My computer died. After weeks of milking it my wife demanded I go buy a new one. the hardware is fine it's vista- it blows. So I bought a new Toshiba today at Best Buy for $350. Awesome deal to me, only one left in ATL and you couldn't order it. Happy. 17.4" screen.
Pull it out of the box, uploaded MS Office 2010 and was downloading a couple of things and was about to try it out when it got completely barfed on. So it lasted for a hour or so.
See, my 10 month old son was beside me has been sick and well when I picked him up to move him to dinner he let loose. There was a cough, and then projectile vomiting and I have to say his aiming was impeccable and distance was pretty astounding. Of course he hadn't turned his head towards it he wouldn't have hit it. It was about 5' away. Honestly I don't know how any made it to the computer, my pullover and t-shirt were soaked.
But he soaked the screen and keyboard and every crack and crevice including under the keyboard, the keys finally work now. the computer was dripping and white. it was amazing. Of course my daughter learned a new word from dada when he turned his head and saw the computer.
Now I spent the evening cleaning up the keyboard in between two sick kids falling to pieces and one's potty training becoming a disaster from her illness. of course when she fell on the baby that made all that look like child's play.
I need to yellow slip.
my wife wants to yellow slip first though.
FTB
out of commission.
I'm pretty sure my 3 year old daughter has learned more than ONE new word from me this week too.
*This post is in no way relevant to the L&G Delta thread, and I don't care. Needed to vent and saw the opportunity
12-02-2011 | 04:29 PM
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
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12-02-2011 | 04:30 PM
Gets Weekends Off
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From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
...What was not noted here is that if the company falls out of compliance in a measurement period they have to come back into compliance in 12 months for the 3 year look back period...if they allow Delta to fall even a small amount behind the 48.5 percent number they would have to have a massive increase in flying in the correction year to get back to the rolling 3 year average....
We just started a new three-year compliance period April 1, 2011.
At the end of the period in 2014 Delta will be required to get the 3-year average to at least 48.5% by 2015, either by increasing delta flying of decreasing AFKLM/AZ flying.
Then there is PWA 1.P.4 Note Two
If the company reaches 49.75% for a 12 month period, all previous capacity share percentages will be disregarded and a new three year measurement period begins.
If we fly 40%, 40%, 49.75% our average will be 43.25 but because of Note Two, Delta is off the hook because it met the 49.75% for the last rolling 12-month period.
One year of nearly 50% flying wipes out all accrued flying-deficit from previous years.
Routes:
2011-2012 DELTA canceled 11 trans-atlantic routes and added two; net loss 9
2011-2012 AIRFRANCE canceled two trans-atlantic routes (not counting stopped and resumed routes) and added one; net loss one
2011-2012 KLM canceled one trans-atlantic route
2011-2012 ALITALIA canceled 1 trans-atlantic routes and announced resumption of ORD Rome in March 2012
Delta lost 9 city-pairs, AFKLM/AZ lost 3 city-pairs.
Capacity:
Delta share of JV Capacity in percentage of EASK (actual, projected for future months)
APR 47.7%
MAY 46.6%
JUN 49.8%
JUL 49.8%
AUG 49.6%
SEP 45.9%
OCT 46.0%
NOV 46.0%
DEC 46.6%
JAN 46.8%
FEB 46.9%
MAR 45.8%
Does that really look like Delta is trying hard to improve our percentage to you?
Those are Desi's (RD) numbers for the current 3-year compliance period that began on April 1, 2011...they match my own projections based on monthly capacity reports. (I've been assured they are not confidential)
At some point there comes a time where you have to call a Spade a Spade.
I used to defend the JV on this very forum, but the changes made by MOU14 really make section 1.P. meaningless until March 31. 2014. That's an awefull long time to wait for scope remedies on decreased flying by wide body jets.
How many guys will be displaced or in a different seat because of this?
How many Delta pilot will be in lower paying equipment or seats before the flying picks back up.
Will the flying pick back up? Or will AFKLM/AZ just drop a bunch of flying in the future and get us in compliance that way?
Quite frankly all Delta pilots ought to be "hopping mad" about this because it sucks and like Bar said there's very little we can do about it...
Cheers
George
Last edited by georgetg; 12-02-2011 at 04:42 PM. Reason: Clarification
12-02-2011 | 04:36 PM
Gets Weekends Off
Joined: Apr 2008
Posts: 2,206
Likes: 0
From: DAL FO
Actually that is exactly what I posted. These aren't rumors, they are in our PWA.
We just started a new three-year compliance period April 1, 2011.
At the end of the period in 2014 Delta will be required to get the 3-year average to at least 48.5% by 2015, either by increasing delta flying of decreasing AFKLM/AZ flying.
Then there is PWA 1.P.4 Note Two
If the company reaches 49.75% for a 12 month period, all previous capacity share percentages will be disregarded and a new three year measurement period begins.
If we fly 40%, 40%, 49.75% our average will be 43.25 but because of Note Two, Delta is off the hook because it met the 49.75% for the last rolling 12-month period.
Routes:
2011-2012 DELTA canceled 11 trans-atlantic routes and added two; net loss 9
2011-2012 AIRFRANCE canceled two trans-atlantic routes (not counting stopped and resumed routes) and added one; net loss one
2011-2012 KLM canceled one trans-atlantic route
2011-2012 ALITALIA canceled 1 trans-atlantic routes and announced resumption of ORD RMG in March 2012
Delta share of JV Capacity in percentage of EASK (actual, projected for future months)
APR 47.7%
MAY 46.6%
JUN 49.8%
JUL 49.8%
AUG 49.6%
SEP 45.9%
OCT 46.0%
NOV 46.0%
DEC 46.6%
JAN 46.8%
FEB 46.9%
MAR 45.8%
Those are Desi's numbers for the current 3-year compliance period that began on April 1, 2011...they match my own projections based on monthly capacity reports.
At some point there comes a time where you have to call a Spade a Spade.
I used to defend the JV on this very forum, but the changes made by MOU14 really make section 1.P. meaningless until March 31. 2014. That's an awefull long time to wait for scope remedies on decreased flying by wide body jets.
How many guys will be displaced or in a different seat because of this?
How many Delta pilot will be in lower paying equipment or seats before the flying picks back up.
Will the flying pick back up? Or will AFKLM/AZ just drop a bunch of flying in the future and get us in compliance that way?
Quite frankly all Delta pilots ought to be "hopping mad" about this because it sucks and like Bar said there's very little we can do about it...
Cheers
George
We just started a new three-year compliance period April 1, 2011.
At the end of the period in 2014 Delta will be required to get the 3-year average to at least 48.5% by 2015, either by increasing delta flying of decreasing AFKLM/AZ flying.
Then there is PWA 1.P.4 Note Two
If the company reaches 49.75% for a 12 month period, all previous capacity share percentages will be disregarded and a new three year measurement period begins.
If we fly 40%, 40%, 49.75% our average will be 43.25 but because of Note Two, Delta is off the hook because it met the 49.75% for the last rolling 12-month period.
Routes:
2011-2012 DELTA canceled 11 trans-atlantic routes and added two; net loss 9
2011-2012 AIRFRANCE canceled two trans-atlantic routes (not counting stopped and resumed routes) and added one; net loss one
2011-2012 KLM canceled one trans-atlantic route
2011-2012 ALITALIA canceled 1 trans-atlantic routes and announced resumption of ORD RMG in March 2012
Delta share of JV Capacity in percentage of EASK (actual, projected for future months)
APR 47.7%
MAY 46.6%
JUN 49.8%
JUL 49.8%
AUG 49.6%
SEP 45.9%
OCT 46.0%
NOV 46.0%
DEC 46.6%
JAN 46.8%
FEB 46.9%
MAR 45.8%
Those are Desi's numbers for the current 3-year compliance period that began on April 1, 2011...they match my own projections based on monthly capacity reports.
At some point there comes a time where you have to call a Spade a Spade.
I used to defend the JV on this very forum, but the changes made by MOU14 really make section 1.P. meaningless until March 31. 2014. That's an awefull long time to wait for scope remedies on decreased flying by wide body jets.
How many guys will be displaced or in a different seat because of this?
How many Delta pilot will be in lower paying equipment or seats before the flying picks back up.
Will the flying pick back up? Or will AFKLM/AZ just drop a bunch of flying in the future and get us in compliance that way?
Quite frankly all Delta pilots ought to be "hopping mad" about this because it sucks and like Bar said there's very little we can do about it...
Cheers
George
Sorry, couldn't resist. Fill me in on the details again. The compliance window was stretched from 1 to 3 years to come back to within 1% of the 50/50 split? Do I have that right?
When was it changed? What was the catalyst for the change?
12-02-2011 | 04:38 PM
Gets Weekends Off
Joined: Aug 2010
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So I was shopping with the wife in Victorias Secret today and noticed all the models from a few years ago are all gone and replaced with brand new 18-20 year old models. I started thinking, "dam if Victoria Secret can do it, then why can't the airlines?" I hear that's how it used to be in the golden days of aviation!
12-02-2011 | 04:41 PM
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
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