Elliot

Anyone know the ROE of the Delta Pilot P.U.B. events? Just received an invitation for the two locations they're holding the event at in MSP, in May, and curious if pizza & beer is free? Or do we buy our own?

Thanks,

GJ (a.k.a. "cheap pilot")

acl65pilot

One thing that many must remember of LOA 19/JPWA is this:

In the CH1 LOA 51 for pre-merger DAL pilots was that the longevity steps were determined on profitability. What this last agreement did away with that part of the deal and allowed a traditional 5,4,4,4 with more in the 401K. Many voted yes because they got rid of that horrible rider of future earnings.

From the fNWA perspective, they got an agreement that raised their rates, and was equal to those of the DAL pilots. Everyone was equal day one outside of the 401K targeting plan that they had. It was far from perfect for them, but provided a little breathing room from their CH11 deal as well.

One must remember where we were when the merger and this agreement went down. Times have changed, and we are working for a profitable company that has a really good change of tripling or better their profit going forward. Because of this, expectations are significantly more.

Could we have gotten more out of that? Yes, but lets also remember that hindsight is 20/20 and we had an airline that was getting crushed by oil and the every widening crack spread.

We as a group need to realize that from this point forward, we are a very well run airline, that has leaders that are insistent on doing it differently than the past. AMR is trying the old school CH11, and it will not work for them. UCAL is trying the old school merger, and it is not working for them. Anderson and co want to take a different path. What it entails and where it goes depends, but the result is pilots of this group expect to have linear restorative gains on that success,that though their deep sacrifices DAL was able to survive and be in position to spearhead the industry. Without those sacrifices this airline would be non-existent and this talk would not be taking place.

PilotFrog

The contract moving benefits for MD or VD leave a lot to be desired.

acl65pilot

My, guess but I assume it is provided. Not sure where they are funding these, but the SEMRA account was designed for these types of events.

Elvis90

Sorry dude...but seriously, I monitor when SC's are posted during the week, since it varies. For example, I should know if I have SC Friday by 10 AM CDT tomorrow, since that's when it was posted today, even though contractually it's 1500 base time.

I want to move to MSP so I hopefully won't have to deal with commuting in the future. Overheard EB say during the investor's call that MSP and DTW hubs did particularly well this last quarter.

acl65pilot

They were drastically changed in CH11. I just wish that they would buy you out for your loan balance or house if not sold in a year, and provide housing in your new base until that time. The amount of commuters would cut drastically.

I know, I am dreaming, but it is what they offered my wife four years ago, and if offered again, it would be a difficult offer to refuse.

Express pilot

We already had the 5,4,4,4 and more in the 401k. We voted in something we already had with some new minor gains. Thats the point I'm making. DALPA said we would see a great contract once we got NW on campus and they brought us a TA that we already had with small stuff added.

Elvis90

Analysts expect Delta to earn a $1.86B profit for 2012.

Delta Shows Strong Revenue Growth - WSJ.com

PilotFrog

It isn't the buy out it is the lack of storage and/or paying for a hotel or housing for a bit. How do they expect us to find a house to move into with only 8 days given for house hunting.

Bucking Bar

Don't know the current ROE. In past similar events at ALPA carriers the line pilots got a beer. Given the potential liability exposure, I'd bet D-ALPA keeps a pretty tight lid on the refreshments.

Pizza's cheaper than beer. D-ALPA should try what management does and talk the Credit Union into paying for it