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Old 10-08-2014 | 07:00 AM
  #2761  
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Originally Posted by NERD
I like the way you think. Maybe we should just take no raises or even a slight pay cut to pre-fund our next pay cuts when the economy falters. That way the pay cuts would be less as we would have a bank
Cute. You get it…I hope.

We all want more. We all deserve more.

Neither of those facts matter. What matters is what we can collectively negotiate. Then it matters what we can hang on to! Let me know if you disagree with that.
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Old 10-08-2014 | 08:19 AM
  #2762  
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Originally Posted by NuGuy
Actually, if you wrench the numbers a bit, C2000 wasn't a "big leap". Most of the increase was to regain buying power that had been on a steady decline since 1984.

Most of what C2000 did was provide "restoration".

Nu
I recently flew with an old MEC guy who worked on C2K - he asked me "ya know how we came up with the pay rates?...we went back to the mid 80s, added inflation and came up with a rate". So that is ALL it was
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Old 10-08-2014 | 08:26 AM
  #2763  
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Originally Posted by Air Cooled Dad
Shouldn't we all want as much as possible without killing the golden goose? Call it what you want, restoration, incremental gains, fat moolah. Just show me the money!

Fwiw, I have no idea how to get it. I just want it. Our union educated us on the "time value of money". With that in mind, we should all want the biggest raise, restoration, as quick as possible!!!!


I like the way you think! (And your pictures too!!)

Denny
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Old 10-08-2014 | 10:44 AM
  #2764  
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Originally Posted by dtfl
I recently flew with an old MEC guy who worked on C2K - he asked me "ya know how we came up with the pay rates?...we went back to the mid 80s, added inflation and came up with a rate". So that is ALL it was
There was a little bit more in C2k than inflation.

757 rates in 1984 were on the order of $130ish/hr. Plug that into the CPI, and you get $280ish in 2014.

Nu
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Old 10-08-2014 | 11:08 AM
  #2765  
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Originally Posted by NuGuy
There was a little bit more in C2k than inflation.

757 rates in 1984 were on the order of $130ish/hr. Plug that into the CPI, and you get $280ish in 2014.

Nu
My W-2 for 1989 was $142,000. (75-76)
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Old 10-08-2014 | 06:44 PM
  #2766  
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Originally Posted by NuGuy
There was a little bit more in C2k than inflation.

757 rates in 1984 were on the order of $130ish/hr. Plug that into the CPI, and you get $280ish in 2014.

Nu
Actually, C2K didn't quite fully restore 1980's rates.

01OCT, 1986 - 767 Captain rate: $158.21

Adjusted for inflation, that's $342.55 today in 2014. (source: Tom's Inflation Calculator)

01MAY, 2004 (C2K) - 767 Captain rate: $267.52

Adjusted for inflation, that's $335.92 today in 2014. (source: Tom's Inflation Calculator)

FYI... today's 767 Captain rate: $219.62. That's a $122.93 per hour pay CUT in buying power from the 1986 rate and a $116.30 per hour pay CUT in buying power from the 2004 C2K rate.
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Old 10-08-2014 | 07:24 PM
  #2767  
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Originally Posted by Karnak
If I "wrench the numbers a bit", I can prove the Sun orbits the Earth!

But it doesn't.

It doesn't matter if you call it "restoration", a "great leap", or "righteous justice" - it was a rate of increase in one contract greater than the increases achieved by other airlines that didn't see subsequent concessions during LivingTheDream's "dark years".

Timbo and LivingTheDream jump aboard with ""Small incremental changes/improvements will not even begin to restore our contract's buying power... not ever". Maybe they could start a thread calling out Southwest, FedEx, and UPS pilots for destroying our profession with their underachieving contract history. Just be prepared to respond to how they could possibly have found themselves earning more than us using their incremental gains strategy.

The term "restoration" should be banned from any contract discussions. We should position ourselves so we aren't vulnerable to the abrupt losses that result in the need for restoration in the future. It's been done by others. That was the history I was providing.
How long have you been here Karnak?

Are you aware that they did indeed (mostly SW) drag the whole industry's pay rates down?

Are you aware that those three suffered very little loss in traffic due to 9-11? The freight companies lost no business, while SW, being a small domestic only carrier, lost very little traffic/earnings. Meanwhile, the MAJORS, flying empty international routes, lost BILLIONS! But not due to PILOT WAGES! We could have flown for free and they still would have lost money and gone bankrupt.

BTW, prior to the Major's pay cuts, SW was -always- at the bottom of the 737 pay scales and I flew for a UPS feeder in 1985 prior to coming to DAL, why do you think I left?

MONEY!

But now you are comparing one of the largest international airlines pay rates in the industry, to a domestic 737 ops and a couple freight outfits?

Seriously?

You disgust me.

Back in the day, the ONLY reason anyone went to SW or a career in night freight was, they'd already been turned down at Delta, American, NW and United.

But now you hold SW/UPS/FDX up as a shining example of how to negotiate? They didn't pass us, we dropped below them!

While Delta is making BILLIONS, you are ok with 3% raises??

You are one naïve puppy.
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Old 10-08-2014 | 07:59 PM
  #2768  
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Default JP Morgan analyst on Delta

Good read:

________________________

A J.P. Morgan airline analyst cited Delta as an example of why airlines are an increasingly attractive investment for Wall Street, even among those who historically have been wary of the industry.

In an interview on CNBC’s “Squawk Box,” financial analyst Jamie Baker said that airlines like Delta should “be shoulder-to-shoulder on the same stage with other high-quality transports.”

“Take a company like Delta, for example,” he said. “Delta generates more cash than 85 percent of [the S&P 500]. That’s more cash generation than Nike, than Yum Brands, than Amazon, it’s more cash generation than Costco.”

He added that it is time for billionaire investor Warren Buffet to reconsider his longstanding aversion to airline stocks, noting that the industry has been reshaping its business model for long-term stability and success.
__________________________

With this in mind, let's recall how many areas our contract leads the industry:

Originally Posted by Carl Spackler
As we're filling out our surveys, I thought it would be helpful to list where Delta pilots lead the industry. We all know our company leads the industry in financial performance and merger effectivity, but how often do we pilots lead? Here's the list from our contract comparison as to who leads in the specified areas:

1. Scope...............Southwest
2. Pay Rates:
-----B747/777.......Delta
-----B767-4/A330..United
-----B767-300.......UPS
-----B757.............UPS
-----B737-900.......Delta
-----A320.............United
-----MD88/717......Delta
-----Per Diem........American
3. Work Rules:
-----Monthly Guarantee...UPS
-----Reserve Guarantee...UPS
-----DPA/ADG................Southwest
4. Vacation:
-----Accrual..............United
-----Pay...................FedEx
5. Training Pay.........Alaska
6. Sick Leave............Hard to tell
7. Retirement Plans...FedEx
8. Medical................Southwest
9. Long Term Disab...UPS


Carl
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Old 10-08-2014 | 08:10 PM
  #2769  
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Originally Posted by dtfl
I recently flew with an old MEC guy who worked on C2K - he asked me "ya know how we came up with the pay rates?...we went back to the mid 80s, added inflation and came up with a rate". So that is ALL it was
and it just happened to come out as United plus 1%.
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Old 10-08-2014 | 09:26 PM
  #2770  
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If C2015 negotiations drag out a year or more, does the PS rates continue according to the C2012?
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