Any "Latest & Greatest" about Delta?
06-16-2009, 08:07 AM
#8491
Gets Weekends Off
Joined APC: Sep 2007
Posts: 1,232
Originally Posted by satchip
If The Company and Force Majeure our contracts, can't they do the same for the DCI contracts?
06-16-2009, 08:20 AM
#8492
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by PilotFrog
I was thinking the same thing last night!
If they could I am sure they would have tried.
06-16-2009, 08:38 AM
#8493
Gets Weekends Off
Joined APC: Sep 2005
Position: 320B
Posts: 511
Originally Posted by acl65pilot
A pilot contract yes, but I am not sure they can do it to a business contract that has cancellation stipulations in it.
If they could I am sure they would have tried.
If they could I am sure they would have tried.
There should be a stipulation that says, "unless it's a pilot contract or ALPA is willing to fold".
06-16-2009, 08:44 AM
#8494
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by Tomcat
Now ACL, you remember the famous quote, "A contracts a contract". $400 bingo bucks if you can name the owner of this quote!
There should be a stipulation that says, "unless it's a pilot contract or ALPA is willing to fold".
There should be a stipulation that says, "unless it's a pilot contract or ALPA is willing to fold".
I hope we do not have to test it, but no one has gone in and destroyed a contract in CH11 since the rules changed a few months after DAL and NWA entered. I hope that we were the last group that had to get killed in 1113C
06-16-2009, 08:52 AM
#8495
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Joined APC: Jul 2008
Position: 757 Left
Posts: 1,306
Anyone have the time to look up the no furlough language in our contract?
06-16-2009, 09:10 AM
#8496
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by Hawaii50
Anyone have the time to look up the no furlough language in our contract?
06-16-2009, 09:35 AM
#8497
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Same Author and a different take than yesterday. This one is a little better, but basically states that next year will be a very flat year.
The International Monetary Fund is joining the chorus of organizations and experts who believe that the U.S. is rising from the recession faster than expected.
The agency predicts American Gross Domestic Product will drop by 2.5 percent this year, as opposed to the 2.8 percent it forecast earlier in the year. The IMF expects the U.S. economy to expand by 0.75 percent next year. Only two months ago it said growth would be non-existent.
According to The Wall Street Journal, "John Lipsky, the IMF's deputy managing director, interpreted the recent increase in Treasury bond yields as a positive sign."
The U.S. is still faced with a double-edged sword if the IMF is correct. An improving growth rate could help drive up demand for oil and oil-based products, influencing crude-based product prices.
Oil has already hit $72, to some extent based on the fact that China and other BRIC nations are growing faster than expected, increasing the need for crude. A new U.S. appetite for oil and other commodities could cut into consumer spending and business margins at companies that use gas or petrochemicals.
A rapid economic recovery still poses the risk of inflation. Factories have cut back production. A sharp increase in demand, even if tepid by the standards of three years ago, could catch manufacturers by surprise. Scarce goods means high prices.
Interest rates could be affected, too. The Fed has kept rates low to try to lift the economy. Early signs of inflation could cause it to raise rates. That may temper inflationary forces, but it could also make it harder for consumers to use credit cards and borrow money for houses and cars. An increase in mortgage rates has already begun to hurt housing demand.
An economic recovery is not necessarily as attractive as it seems.
Douglas A. McIntyre is an editor at 24/7 Wall St.
The International Monetary Fund is joining the chorus of organizations and experts who believe that the U.S. is rising from the recession faster than expected.
The agency predicts American Gross Domestic Product will drop by 2.5 percent this year, as opposed to the 2.8 percent it forecast earlier in the year. The IMF expects the U.S. economy to expand by 0.75 percent next year. Only two months ago it said growth would be non-existent.
According to The Wall Street Journal, "John Lipsky, the IMF's deputy managing director, interpreted the recent increase in Treasury bond yields as a positive sign."
The U.S. is still faced with a double-edged sword if the IMF is correct. An improving growth rate could help drive up demand for oil and oil-based products, influencing crude-based product prices.
Oil has already hit $72, to some extent based on the fact that China and other BRIC nations are growing faster than expected, increasing the need for crude. A new U.S. appetite for oil and other commodities could cut into consumer spending and business margins at companies that use gas or petrochemicals.
A rapid economic recovery still poses the risk of inflation. Factories have cut back production. A sharp increase in demand, even if tepid by the standards of three years ago, could catch manufacturers by surprise. Scarce goods means high prices.
Interest rates could be affected, too. The Fed has kept rates low to try to lift the economy. Early signs of inflation could cause it to raise rates. That may temper inflationary forces, but it could also make it harder for consumers to use credit cards and borrow money for houses and cars. An increase in mortgage rates has already begun to hurt housing demand.
An economic recovery is not necessarily as attractive as it seems.
Douglas A. McIntyre is an editor at 24/7 Wall St.
06-16-2009, 09:45 AM
#8498
Underboob King
Joined APC: May 2005
Position: Guppy Commander
Posts: 4,412
flat is better than a downward trend. flat to a small uptick would be good news because it would keep DAL on its toes.
06-16-2009, 09:52 AM
#8499
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Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Originally Posted by Superpilot92
flat is better than a downward trend. flat to a small uptick would be good news because it would keep DAL on its toes.
Lots of articles written on the huge decline in the business traveler.
06-16-2009, 09:57 AM
#8500
Gets Weekends Off
Joined APC: Jul 2008
Position: 757 Left
Posts: 1,306
Originally Posted by acl65pilot
Yes, I used it to start a fire!
These guys would have had a much harder time doing this merger without us. It resulted in millions of dollars in bonuses for the main players. I don't care what it takes but we need to hold their feet to the fire on this. Start bringing all Delta flying back on Delta property for starters.
Last edited by Hawaii50; 06-16-2009 at 11:24 AM.
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