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Old 06-30-2015 | 11:14 AM
  #10091  
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Originally Posted by forgot to bid
The fear is being swa and parked and losing out on money with things like that C44 letter about 25% raise required to get money back, etc. has some petrified.

I see that the NMB is more of a focus than 8633 now.
Not with me. I'll sit on our higher PS that will most likely offset 6% of the "raise" as well as keep the superior PS calculation metrics, the superior "hammer" pay review language (the other groups WILL continue to get raises), the trip pulls for OE, superior premium pay generating "reserve coverage formulas" the vastly superior and vastly safer sick leave language, fewer 76 seaters while they can't staff their 50 seaters anyway, superior AF/KLM JV language, etc.

So throw us in the Briar Patch and start the NMB clock. We'll be ready and unified in 3-5 years with strike funds built up if that's how long they want to stiff us for. I don't think it will get to that though.

They offered 1.1B in extra value. I say gift them 100 Million back. Shareholder return, executive compensation, buy them some airplanes or donate it to charity, and only take 1.0B and put it all into pay. If its properly costed, that's a huge and very reasonable compromise that will be very, very hard to argue with.
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Old 06-30-2015 | 11:16 AM
  #10092  
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Originally Posted by texavia
Out of the loop - much?
Nope, just want to make sure that I am reading what I think I am reading.
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Old 06-30-2015 | 11:18 AM
  #10093  
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Originally Posted by redship
You are probably correct that it will be harder for a new hire to get into the category in future bids but how could the company justify a displacement in a growing category?
Because they will only have to displace 2 or 3 pilots. There's almost zero cost to that. Yet keeping them makes them pay a lot of other jobs a significant premium. All they need are 3 pilots coming off mil leave, sick leave, 747 displacement or CVG displacement (if it happens) and they'll absolutely do it, unless it continues to remain that junior. I don't think it will, and its not even going to be close.

No one wanted to be the plug in a brand new category the first few months after it opened. That happens from time to time. Its still a VERY senior airplane though, and its highly likely it not only won't go that junior again, but that the 2 or 3 2014ish pilots in it now will be displaced.
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Old 06-30-2015 | 11:22 AM
  #10094  
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Originally Posted by BenderRodriguez
To what are you referring? What 6 billion dollars?
The rapid 6B in "shareholder return" during a time when we still have desperate needs in internal investment as well as an open pilot contract. They put it in a warehouse and lit it on fire just so we can't have it. They just wasted 6 billion dollars, largely on peak value buybacks that do nothing for a company long term, out Leo-ing Leo himself.

In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
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Old 06-30-2015 | 11:29 AM
  #10095  
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Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).

Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
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Old 06-30-2015 | 11:33 AM
  #10096  
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Originally Posted by gloopy
The rapid 6B in "shareholder return" during a time when we still have desperate needs in internal investment as well as an open pilot contract. They put it in a warehouse and lit it on fire just so we can't have it. They just wasted 6 billion dollars, largely on peak value buybacks that do nothing for a company long term, out Leo-ing Leo himself.

In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
This is solely for debate purposes.

Leave the contract out of it for a second. It is YOUR opinion that we need more "internal investment", so let's roll with that first. Are you referring to employees pay and bennies? We are -allegedly- (I am having trouble keeping up with rampers' and FA pay) the highest paid in the industry, or at least very close to the top. What makes you think that the company needs to invest more in that area? Or are you talking about CAPEX and facilities?

Buybacks are to placate investors. They own the company. You and I just work here. When they see 25% of the profits being paid in bonus monies, they are thinking "that's more than enough, where's my ROI?" True. DAL has been printing money this year and last year. Why do you think you and I are more "entitled" to that than the owners? The share buybacks are not nearly as nefarious as some are making them out to be. There's plenty of money to go around, and we'll get our share, but to complain about the return to shareholders is nuts.

Waterloo has been bypassed by having low debt. It's gonna be interesting to watch the industry in the next economic downturn. I'll take $5B in debt over $20B in debt all day long.
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Old 06-30-2015 | 11:37 AM
  #10097  
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Originally Posted by pilotc90a
Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).

Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
And none of this has anything to do with verifying a nonverifiable grey area illness like an upset stomach, aches, pains, nausea, diarrhea, headaches, etc in many cases. So unless a hostile third party can empirically prove it with hard verifiable symptoms, you better suck it up and fly sick or else.

Also, the 15 days unverified is really 14 days, since the 15th day is the trigger. And since that's in a rolling 365 day period, statistically you will almost never get to use all 14 in a calendar year without bumping up against the rolling year.

Oh and even if you verify it, and assuming its verifiable, and assunimg they accept it, you still have to pay.

Worst section in the entire TA, and easily, easily the single biggest single issue no vote, by far.
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Old 06-30-2015 | 11:40 AM
  #10098  
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Originally Posted by pilotc90a
Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).

Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
Self funded insurance doesn't mean delta gets to see any of that. The insurance paperwork and prescriptions are still handled by a 3rd party. And if what you say is true, delta could never admit that they know. Would be highly illegal, not admissible in any court, and irrelevant to our PWA.
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Old 06-30-2015 | 11:42 AM
  #10099  
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Originally Posted by BenderRodriguez
This is solely for debate purposes.

Leave the contract out of it for a second. It is YOUR opinion that we need more "internal investment", so let's roll with that first. Are you referring to employees pay and bennies? We are -allegedly- (I am having trouble keeping up with rampers' and FA pay) the highest paid in the industry, or at least very close to the top. What makes you think that the company needs to invest more in that area? Or are you talking about CAPEX and facilities?

Buybacks are to placate investors. They own the company. You and I just work here. When they see 25% of the profits being paid in bonus monies, they are thinking "that's more than enough, where's my ROI?" True. DAL has been printing money this year and last year. Why do you think you and I are more "entitled" to that than the owners? The share buybacks are not nearly as nefarious as some are making them out to be. There's plenty of money to go around, and we'll get our share, but to complain about the return to shareholders is nuts.

Waterloo has been bypassed by having low debt. It's gonna be interesting to watch the industry in the next economic downturn. I'll take $5B in debt over $20B in debt all day long.
Because their agents, AKA management, entered into a contract making it so.

After all, like pilots have been told in the past - A CONTRACT, IS A CONTRACT.
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Old 06-30-2015 | 11:50 AM
  #10100  
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A CONTRACT IS A CONTRACT, I like it, I'm going to paint that on the side of my cab.....
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