Search

Notices

Details on Delta TA

Thread Tools
 
Search this Thread
 
Old 07-04-2015 | 07:46 AM
  #10181  
Gets Weekends Off
 
Joined: Dec 2014
Posts: 1,184
Likes: 0
Default

Originally Posted by tom14cat14
Would you guys for yes for this TA if the only change was to keep the TA's PS reduction and pay rate increase?

I know I don’t have a dog in this fight as of right now but since I am waiting for a class date I do have an invested interest in how things go on this TA. I personally think that if they took out all of the concession and only did the swap of PS for Pay rates it would be good. Pay rates increase protect you for low profit times. So as long as there is a raise after you take out PS it is a plus for the Pilots.

I would be a no vote purely because of the concession during a time when things are on a major upswing in pilots favor. We were supposed to have a lot more 200 at Endeavor but we can staff them. There are very few new pilots entering the airline world. Eventually the big 3 will have to do more of their flying to pick up the slack of their regional partners. This also makes me ask, “How did selling scope work out for the pilots at the majors?” From my understanding a lot of pilots said it would not affect them and wanted the pay raise to give it up. So for those saying sick time and taking trips away from the bid pack for OE will not affect them, I urge you to look at the last time pilots said that to get a pay raise.
I think that believing a turn back on this TA will result in removal of all concession is living in a fantasy world. There WILL be concessions going forward. Or there will not be a contract beyond C12. If anybody truly believes that we will get untouched PS, a pay raise and no concessions by voting no, they are not in this reality.

And welcome aboard by the way. All this angst aside, this is a great place to be.
Reply
Old 07-04-2015 | 07:52 AM
  #10182  
forgot to bid's Avatar
veut gagner à la loterie
 
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
Default

Planetrain where did you find the wage pool? I've been trying to get the best bet. I used the CA 02-15 that showed 3.75M for last year.
Reply
Old 07-04-2015 | 08:36 AM
  #10183  
Gets Weekends Off
 
Joined: Apr 2007
Posts: 709
Likes: 0
From: 320
Default

Originally Posted by BenderRodriguez
I think that believing a turn back on this TA will result in removal of all concession is living in a fantasy world. There WILL be concessions going forward. Or there will not be a contract beyond C12. If anybody truly believes that we will get untouched PS, a pay raise and no concessions by voting no, they are not in this reality.

And welcome aboard by the way. All this angst aside, this is a great place to be.
Does anyone know pre 9/11 did all contracts have concessions? I am just wondering if we now suffer from Stockholm syndrome with regards that we figure we have to give something up in order to get anything. Has it always been you have to take concessions to get pay raise or is this what we just assume the new norm is?
Reply
Old 07-04-2015 | 08:52 AM
  #10184  
Gets Weekends Off
 
Joined: Jun 2015
Posts: 4,116
Likes: 1
Default

Tom.....there has always give and take in our pwa.

There was no memrat at delta until the 90's. The mec and company went into a room and shook hands on the pwa.

Very cozy. After all memrat can get messy.....from the concerned parties view im sure.

The history of never rejecting a ts speaks to the mindset of cooperation and acceptance of this pilot group that the 'best' deal....for delta and the pilot group......had been struck.
Reply
Old 07-04-2015 | 08:52 AM
  #10185  
Gets Weekends Off
Liked
25M+ Airline Miles
Line Holder
Gets Weekends Off
 
Joined: Jul 2010
Posts: 12,831
Likes: 172
From: window seat
Default

Originally Posted by mark350
What would 1B look like as a straight pay raise? Rough mental math gives me $35/$22k) (ca/fo) over 3 yrs. Can't be right- our "historic contract" is our current contract adjusted for inflation!!
I'm willing to accept all their maths on this. All of the maths. All of them.

And take 1.0B and put it into pay rates alone with no other changes. At whatever percentage increase that winds up being. I would vote yes for that without even seeing the pay tables.

We'd avoid the concessions and get an extra Billion over 3 years, and the company would save 100 Million Dollars over the TA even including the concessions.

Win-Win.

#reasonable
Reply
Old 07-04-2015 | 08:55 AM
  #10186  
Gets Weekends Off
10 Years
 
Joined: Jun 2015
Posts: 2,008
Likes: 184
Default

Originally Posted by forgot to bid
Planetrain where did you find the wage pool? I've been trying to get the best bet. I used the CA 02-15 that showed 3.75M for last year.
$4.5B PTIX + $1.1 PS Cost + $231M Exec plan = $5.8 Adj PTIX for PS purposes: Contract Awareness Bulletin 15-02

$5.8 PTIX = $910M PS ($250M+$660M)
$910M 2014 PS/X=16.58 solve for X
x= $5.5B wage pool

BTW, all this is a wag. Wage pool could go down with less green slips, 757 pay traded for a321/B739, e190 rate, younger work force (less longevity pay), retired 747s, higher TLV, etc. That in turn raises PTIX. There's a lot of moving parts that go into PS % payout.
Reply
Old 07-04-2015 | 08:55 AM
  #10187  
galaxy flyer's Avatar
Gets Weekends Off
 
Joined: May 2010
Posts: 5,244
Likes: 2
From: Baja Vermont
Default

It's been concessionary since deregulation.

GF
Reply
Old 07-04-2015 | 09:43 AM
  #10188  
notEnuf's Avatar
Racketeer
 
Joined: Mar 2015
Posts: 13,329
Likes: 818
From: N60.4858 W149.9327
Default

Originally Posted by BenderRodriguez
I think that believing a turn back on this TA will result in removal of all concession is living in a fantasy world. There WILL be concessions going forward. Or there will not be a contract beyond C12. If anybody truly believes that we will get untouched PS, a pay raise and no concessions by voting no, they are not in this reality.

And welcome aboard by the way. All this angst aside, this is a great place to be.
You may be correct but these concessions and these pay rates are unacceptable. If we got a real 6% raise and a 6% conversion on profit sharing on 1/1/2016, then I think this would pass easily even with the concessions. I personally would still be a no because I think QOL gains need to be defended.

Last edited by notEnuf; 07-04-2015 at 10:23 AM.
Reply
Old 07-04-2015 | 09:55 AM
  #10189  
notEnuf's Avatar
Racketeer
 
Joined: Mar 2015
Posts: 13,329
Likes: 818
From: N60.4858 W149.9327
Default

Originally Posted by Planetrain
$4.5B PTIX + $1.1 PS Cost + $231M Exec plan = $5.8 Adj PTIX for PS purposes: Contract Awareness Bulletin 15-02

$5.8 PTIX = $910M PS ($250M+$660M)
$910M 2014 PS/X=16.58 solve for X
x= $5.5B wage pool

BTW, all this is a wag. Wage pool could go down with less green slips, 757 pay traded for a321/B739, e190 rate, younger work force (less longevity pay), retired 747s, higher TLV, etc. That in turn raises PTIX. There's a lot of moving parts that go into PS % payout.
Looking for the Bulletin. In the meantime, if you reverse the calculation by taking $1.1B as 16.58% of payroll you get a PTIX number around $6.5B for a $1.1B payout. There is more to the PTIX add back, $4.5B GAAP + capex + onetime expenses etc.

What was the date on CA 15-02?

Last edited by notEnuf; 07-04-2015 at 10:06 AM.
Reply
Old 07-04-2015 | 10:27 AM
  #10190  
forgot to bid's Avatar
veut gagner à la loterie
 
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
Default

Originally Posted by galaxy flyer
It's been concessionary since deregulation.

GF
There's that.
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Kilroy
ExpressJet
10796
01-11-2016 06:49 AM
FastDEW
Major
201
09-03-2011 06:42 AM
Quagmire
Major
253
04-16-2011 06:19 AM
ksatflyer
Hangar Talk
10
08-20-2008 09:14 PM
INAV8OR
Mergers and Acquisitions
66
05-15-2008 04:37 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices