Any "Latest & Greatest" about Delta?
03-29-2012 | 01:37 PM
Happy to be here
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From: A-320A
One more thing about the LR is the amazing fuel flow toward the end of the flight, it is really, really low: 12-13K/hr. For a plane that took off at 750K, that is like getting 90mpg in your 4 dr Caddy with 20's.
I am with George, the 773 is probobly in our future.
I have got to say also, those GE motors are really both a technical and operational work of art.
I am with George, the 773 is probobly in our future.
I have got to say also, those GE motors are really both a technical and operational work of art.
03-29-2012 | 01:40 PM
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From: A-320A
03-29-2012 | 02:12 PM
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Mega Millions jackpot: What people on Twitter say they
Interestings ways people plan to spend lottery winnings...
"I would wisely invest it," another tweeter promised. "I'd also buy a bunch of midgets and paint them orange."
Interestings ways people plan to spend lottery winnings...
"I would wisely invest it," another tweeter promised. "I'd also buy a bunch of midgets and paint them orange."
03-29-2012 | 03:37 PM
Back on TDY
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From: 747-400 Captain
There seems to be a few folks on this forum that have quality information, or maybe not. I've heard the Roger statistic of how SWA is 11% ahead of us, and the explantation. I did a little research using Form 41 data from the DOT. Here's what I found:
Average 2010 Wages and Salaries
http://web.mit.edu/airlinedata/www/2...0PERSONNEL.htm
Delta $142,800
SWA $166,573
Total 2010 Compensation (wages, benefits, and payroll taxes), i.e. more than what we see in our W2
http://web.mit.edu/airlinedata/www/2...Equivalent.htm
Delta $186,095
SWA $206,000
So I know it's 2010 data, and both airlines have received pay increases since then. Delta received a 4% pay increase each Jan. 1, and 6.52% and 4.8% profit sharing in 2010 and 2011. SWA has received raises as well.
It seems from my perspective that this contract will have to exceed SWA to have much support.
From the Form 41 data, the average Delta pilot will need to make an additional $24,000 in Wages and Salaries, or looking at from total compensation (perhaps unfairly because of payroll taxes), we need to retain any advantages in benefits with total compensation per pilot increasing about $20,000 ($206,000-$186,095).
I think this is a valid analysis of us compared to SWA and a way to measure if we meet or exceed SWA?
Average 2010 Wages and Salaries
http://web.mit.edu/airlinedata/www/2...0PERSONNEL.htm
Delta $142,800
SWA $166,573
Total 2010 Compensation (wages, benefits, and payroll taxes), i.e. more than what we see in our W2
http://web.mit.edu/airlinedata/www/2...Equivalent.htm
Delta $186,095
SWA $206,000
So I know it's 2010 data, and both airlines have received pay increases since then. Delta received a 4% pay increase each Jan. 1, and 6.52% and 4.8% profit sharing in 2010 and 2011. SWA has received raises as well.
It seems from my perspective that this contract will have to exceed SWA to have much support.
From the Form 41 data, the average Delta pilot will need to make an additional $24,000 in Wages and Salaries, or looking at from total compensation (perhaps unfairly because of payroll taxes), we need to retain any advantages in benefits with total compensation per pilot increasing about $20,000 ($206,000-$186,095).
I think this is a valid analysis of us compared to SWA and a way to measure if we meet or exceed SWA?
Carl
03-29-2012 | 03:48 PM
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I hear rumors that management wants the contract taken care of quickly. I hope so, because I've read here about how negotiations can go on for quite some time, in some cases years and years. I hope not, for everyone involved. Eventually that has a negative effect. I was jump seating on AirTran a while back before the whole SWA buyout and before AirTran had a new contract. After we pushed back from the gate, with engines running, the captain gave me the jump seat brief as he read the entire brief from the laminated sheet in a slow and methodical manner. He then asked me if I had any questions. Playing along I asked him a question to which he referred back to the laminated sheet and read the two paragraphs that addressed my question. I would not blame a fellow pilot who felt he was being taken advantage of for taking similar actions.
03-29-2012 | 03:49 PM
Can't abide NAI
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From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
After our Board of Directors booted Jim Whitehurst, he found employment at Red Hat. No one had yet figured out how to make free software profitable until Jim got there. Under his leadership, they've done rather well:
03-29-2012 | 03:51 PM
Can't abide NAI
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From: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Atlanta remains the World's busiest airport for another year:
Atlanta, home to Delta Air Lines Inc. (DAL), remained top after its passenger total rose 3.4 percent to 92.4 million, while Beijing had a 4.7 percent gain, to 77.4 million
03-29-2012 | 04:06 PM
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From: window seat
03-29-2012 | 04:06 PM
Moderator
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From: DAL 330
Marketing and Network run the "brand." They decide which division or partner will create their productive capacity. Their decisions are driven by revenue and cost. They don't particularly care if it is a Delta 747 or an Air France A380. Neither do they care whether it is a 757, or a NextGen CRJ. None are old school Delta. None have the nostalgic sensibilities that cloud our judgement. Their considerations are mathematical, pure and simple.
In 2007 Delta did reconnect to the core values to power their way out of bankruptcy. However shareholders demanded a deal and the deal they got was entirely rational from an economic perspective. Delta moved further towards becoming a brand management company ... . Try to find a pair of Levi's made in San Francisco ... the only reason the odds are better for finding a Delta pilot flying Delta passengers is because of ALPA and because of scope.
Bar,
I pretty much agree with your post but have a question on the math: Did their math include the billions dollars of writing off near worthless 50 seat less RJs less than 10 years after purchase? Or to but it another way - what amortization schedule did they use for the 50 seaters - I doubt it was billions to worthless in 10 years.
I'm sure they will make it up with a billion dollar write-off of "Goodwill" or whatever accounting sophistry works at the time.
Scoop
03-29-2012 | 04:10 PM
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From: window seat
I wouldn't call my friend that won a Field's Medal in Ubermath to mentor him just yet. Its not exactly hard to find CEO's that have doubled a company's share price from 2008-2012. Pretty much any of them that have a pulse have those bragging rights.
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