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-   -   Details on Delta TA (https://www.airlinepilotforums.com/delta/88532-details-delta-ta.html)

gzsg 11-29-2014 11:36 AM


Originally Posted by sailingfun (Post 1772840)
That seems a bit odd. They gave Carl a exact copy of a agreement not released to the membership and won't give you a hint on the surveys?

Sailing

Obviously a rep characterized the survey for you, so that must be ok. Please share the characterization with the rest of us.

Jerry

Carl Spackler 11-29-2014 12:09 PM


Originally Posted by sailingfun (Post 1772840)
That seems a bit odd. They gave Carl a exact copy of a agreement not released to the membership and won't give you a hint on the surveys?

They released it to the entire council membership via email. That's my inside source...none. Same as your inside sources...none.

Carl

Sink r8 11-29-2014 12:16 PM


Originally Posted by gzsg (Post 1772846)
Sailing

Obviously a rep characterized the survey for you, so that must be ok. Please share the characterization with the rest of us.

Jerry

Weren't you accusing him of treating people like idiots a couple of posts back? It's pretty obvious both of you have groups of friends that talk. Both of you like to originate rumors for some purpose or other. So much info leaks through you, that no towel has ever been made, that will ever make you completely dry.

Now you can't get your reps to talk about surveys?

gzsg 12-11-2014 11:54 AM

Posted just now #1
My yes vote will hang on DALPA delivering their promised "historic" C2015. Major gains in each section.

There is no excuse for money only items. I will name a few and I hope you will add many more.

Best hotel language ever written

Best crew rest facility language ever written

Minimum additional $1 per diem date of signing

2004 hourly rates plus date of signing or it's a NO

$4000 per pilot annually contributed to HSA medical

Door pay

International pay for any flight outside U.S.

Night pay

Increase in international pay

There is zero excuse for not attaining money items. IMO we will easily see $6 billion plus in profits for 2015. $8 billion if they didn't misplay the hedge.

RockyBoy 12-11-2014 12:18 PM


Originally Posted by gzsg (Post 1781139)
There is zero excuse for not attaining money items. IMO we will easily see $6 billion plus in profits for 2015. $8 billion if they didn't misplay the hedge.

They did. Looks like a 1.2 Billion Dollar hit due to hedges in 2015. Good thing is we will see a 1.7 Billion reduction in fuel costs. So we will see about 500 million in savings next year due to lower fuel instead of 1.7 Billion.

DALFA 12-11-2014 12:34 PM

I thought the $1.7 Billion already includes the $1.2 Billion loss? So it would have been $2.9 Billion in savings...but it's $1.7 Billion instead. Or am I not interpreting this correctly?

Losing out on $1.2 Billion out of $1.7 Billion would mean we are 70% hedged for 2015.

RockyBoy 12-11-2014 12:47 PM


Originally Posted by DALFA (Post 1781173)
I thought the $1.7 Billion already includes the $1.2 Billion loss? So it would have been $2.9 Billion in savings...but it's $1.7 Billion instead. Or am I not interpreting this correctly?

Losing out on $1.2 Billion out of $1.7 Billion would mean we are 70% hedged for 2015.

You are correct. I misread that slide. Should be a 1.7 to 2 Billion Dollar savings including the hedge loss.

gzsg 12-11-2014 01:08 PM

Minimum of $1 billion additonal date of.signing. $600 million hourly increase and $400 work rule, etc.

Historic would be much, much higher, but this is the absolute bottom.

Non fuel costs are projected to decrease .2% in 2015.

OUR CONCESSIONS ARE NO LONGER NECESSARY

gloopy 12-12-2014 07:42 AM


Originally Posted by gzsg (Post 1781210)
Minimum of $1 billion additonal date of.signing. $600 million hourly increase and $400 work rule, etc.

Historic would be much, much higher, but this is the absolute bottom.

Non fuel costs are projected to decrease .2% in 2015.

OUR CONCESSIONS ARE NO LONGER NECESSARY

Just BOTLO for scope sales. Hundreds of "large RJ's" on firm order from the ACMI leaches that they will sell their souls to get. The JV language needs to be tightened even from the recent TA's, and the AS code share abuse rollback needs to be codified in the PWA as well. Those things are WAY more important than any other "money items" IMO.

And "door pay" is a huge concession if it comes with a change to how status quo block time is calculated. Lets not fall for the ball and cup street hustle.

EdGrimley 12-12-2014 07:54 AM


Originally Posted by gzsg (Post 1781139)
Posted just now #1
My yes vote will hang on DALPA delivering their promised "historic" C2015. Major gains in each section.

There is no excuse for money only items. I will name a few and I hope you will add many more.

Best hotel language ever written

Best crew rest facility language ever written

Minimum additional $1 per diem date of signing

2004 hourly rates plus date of signing or it's a NO

$4000 per pilot annually contributed to HSA medical

Door pay

International pay for any flight outside U.S.

Night pay

Increase in international pay

There is zero excuse for not attaining money items. IMO we will easily see $6 billion plus in profits for 2015. $8 billion if they didn't misplay the hedge.

This list is reasonable given past sacrifices and current profitability going forward. I just listened to the full 3 hour Investor Day broadcast. Delta is making so much money it's mind boggling. While putting Billions into airport facilities, aircraft upgrades, etc they paid down 10 Billion in debt in 5 years. They are paying out Billions in dividends while doing stock buy backs. Due to deferred tax benefits, no taxes need to be paid until 2017 and even then it won't be for a full year.

Bottom line, a couple billion toward the pilots is reasonable and sustainable. This amount won't put much of a dent in the Billions Delta will reap in the coming years.


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