acl65pilot

Policy manual says seven days. Chill out.

Bucking Bar

They have 7 days. There are many "subject matter experts" coming and going and a whole ton of un-used MCF money to blow on booze and hookers (just kidding about the last part). While the MEC can short cut the 7 days, there is an unbelievable amount of work to do. Taking the full seven days is what I expect.

The men on the Negotiating Committee are really good guys and respectful of the process, as is Tim O'Malley. If (and I think we can assume the affirmative) every thing has gone correctly, the passage of the TA by the MEC is ministerial. However a lot of important education is going on so these folks can teach us the intricacies of the contract offer over the next few weeks.

Expert ALPA to be in full sales mode though. With most TA's comes the union's consent to push for membership ratification. Occasionally a MEC will send out a TA without a recommendation. But, that would be unique given the situation with this one.

Raging white

Or perhaps they are still in contact with the company, "tweaking". Sort of like the jury going back to the judge to read back testimony and asking for clarifications of the law. But I agree, confidence isn't increasing.

forgot to bid

I don't know if we can make a comparison to jury deliberations even though it seems similiar. If anything, the trial just started. And I dont think if we all teamed up here and ore it apart looking for all of the hidden gems like whether the PBS Staffing Formula divides by 60 or 70 could be done very quickly.

I optimistically want to say even if this contract is 100% scope and C2K plus inflation, they're looking for the catch.

I hope.

tomgoodman

Keep in mind that most "leaks" are not from people in charge, but from people who wish they were in charge. They may have some correct information, but not all of it, and may or may not have "good" intentions.

Bucking Bar

Sink R8,

The gentleman nailed it.

TOGA LK

+1. Absolutely no reason to reduce this. Patience is key. Anything is speculation at this point. The MEC had the data long ago, gave the NC a direction and now the TA is being evaluated. If its solid the MEC will kick it down, if not maybe a new NC.

Until we have the TA and language, any energy on this is wasted. We already hashed out what out goals were long ago. Off to hang with Carl and wait.

Bucking Bar

Delta down 8%. Market selling off on news of Delta's continued capacity cuts. Notice we have moved down through the 90 day trend line.


Investors are getting into that same funk I caught last Fall. "Where is the bottom of these capacity cuts? "

I've been expecting the answer to be here with a turn around in the Spring of 2013. But, Delta management seems to be taking another bite which both seems greedy and lacking in confidence.


Pigs get fat, Hogs get slaughtered. Notice in one afternoon we broke a really nice 90 day trend line. There will be some value shoppers come in. After all we are below the price some Directors recently bought shares (and I'm not bearish on DAL. Just pointing out the market is tired of capacity doom & gloom).

Those morons at J P Morgan are hurting the overall market. Their derivatives losses are now going over 3 Billion with no bottom in sight since no one wants to help them undo their garbage bets. From a systemic risk standpoint, we are really no better off than we were in 2007-2008.

tsquare

Ummmmm from the chart ou posted, all I see is that we are above the 200 day MA... Fat fingers?

Bucking Bar

Nope. Rather a million folks catching the funk I caught last fall ... Capacity Reduction Funk. My hedge fund buddy sent me a text at 12:21 as DAL trading caught the attention of his software.


His other point was that by buying oil refineries and more new RJ's to adjust the mix at DCI Delta was not investing in its core business. That again, was the observation driving my funk last fall.