Originally Posted by DAL 88 Driver (Post 1122923)

When is SWAPA going to be there to provide the facts/details of our industry's leading pilot contract? Are they on the agenda for tomorrow? :rolleyes:

Originally Posted by DAL 88 Driver (Post 1122924)

Oh... and are the "DAL leaders" there to corroborate ALPA's EF&A analysis? Or is it the other way around? :eek:

Originally Posted by gloopy (Post 1122973)

So WRT us, does this mean we will face more or less pressure to ship them some charity jobs program (i.e. more POS 380's to the US, etc).

Originally Posted by Bucking Bar (Post 1122974)

A friend wrote to ask about our 8K filing and what it means for scope. His point was Delta reported 21% of it's revenues from "Contract Carrier Arrangements" totalling $6.4 Billion on expenses of roughly $5.5 Billion; meaning a little more than $900 million of our operating profit was the result of outsourced RJ flying.

If so, that challenges the notion that we're losing money on RJ flying and begs the question why our management sees this as somehow ancillary to our "real airline" flying.

Management will say their strategy of divesting flying is working. I'd ask our management, "How much more would we make if we were not paying extra shareholders, parasitic management, dispatch and maintenance organizations? How much more would we make if we kept our contractor's profits in house?" And, I want to ask them, "Just what is our core business ... yeah ... well then why do you outsource it to someone you deem operationally inferior?"

For ALPA, I would like to ask "How does it promote job security to outsource the most profitable component of our operation?"

This highlights the cost to "take it back" and suggests there really is a strong economic push to rationalize capacity between the 76 seat line and what is currently offered at mainline.

Management would be smart to bring this flying in house. It is core to our business. ALPA would be smart to DEMAND this flying be brought in house in the interest of job security.

But, I fear both will see the profits made by outsourced flying and say ... "good." The problem with that notion is that if what we have is "good" then more is "better." More is a 717, or C Series.

Originally Posted by Bucking Bar (Post 1122984)

Here's the 8K in case anyone questions the math.

EDGAR Pro

Contract Carrier arrangements brought in 21% of our revenues and delivered 47% of our profits. That pretty much explains why we've got DC9's and they've got E195's. That explains why our most prolific widebody is a type certified in 1978. How much more could mainline make if we would invest in a current generation fleet?

For almost my entire life, I've seen mainline managed in a fashion which most resembles a business liquidating it's core assets as they have been used up. We could use (and I do expect) a large airplane order this year.

Originally Posted by 80ktsClamp (Post 1122991)

On a much more positive note, what is the formula for figuring out how much we will be getting in profit sharing?

Originally Posted by 80ktsClamp (Post 1122991)

On a much more positive note, what is the formula for figuring out how much we will be getting in profit sharing?

Originally Posted by newKnow (Post 1123004)

* Divide your yearly gross by 5%.
* Subtract 55% for taxes.
* Subtract 35% for ALPA dues
* Subtract 20% for DPA dues
* Subtract 10% for accounting fees.
* Subtract 10% for lawyer fees.

So, the answer is nothing.

*If your wife knows about it, you will come out in the red for sure. But, you will have a nice new couch to sit on.

Originally Posted by Bill Lumberg (Post 1123007)

.0485 x your gross pay in 2011, found on your DEC 31st check. Then x that by .6 to see what you may take home.