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Originally Posted by EdGrimley
(Post 1856487)
Agreed. The arrogance of the hyenas trying to beat down expectations while belching misguided talking points is pretty over the top. You can only hope they are management paid and not union FPL cowboys.
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Originally Posted by Karnak
(Post 1856125)
Yup. For all airlines. Our formula, and historic payouts, lead the industry.
Originally Posted by Karnak
(Post 1856125)
Or we could look at our compensation, as in W2. A bottom line value. For hours flown last year by peers, who do you suppose had the highest W2 for hours flown?
Originally Posted by Karnak
(Post 1856125)
Except you ignored the note in the Contract Comparison explaining the 5:39 ADG.
Originally Posted by Karnak
(Post 1856125)
You also chose to ignore the impact of FAR117 on the "potential" ADG at SWA. Ignoring them is ok, but they don't go away - or cease to relevant when making comparisons.
Again, I didn't get my data from you, I got my data from the DALPA contract comparison.
Originally Posted by Karnak
(Post 1856125)
Ok. So if we trade our augmentation triggers to match the rest of the industry, you'll be cool with it? You won't point out where we had been leading the industry in augmentation (and widebody staffing)? Something tells me you wouldn't be calling it "debatable".
Carl |
Originally Posted by sailingfun
(Post 1856128)
Actually your right. I did not factor in losses due to fleet mix. I doubt however we are that different from AMR or UAL. Certainly significant with SWA. Let's just use average pay per pilot!
Delta pilots don't lead the industry in one single section of the contract. Not one. Source: DALPA contract comparison. Carl |
Originally Posted by pilotjockey
(Post 1856696)
two answers
in this thread, no thats impossible. carl said it would be zero because we cant cost that and that ra would tell the shareholders to expect no profits in the real world, yes i expect we will see the ptix in the 6-7 range this year and next that will translate to about a 20 percent ps payment and alpo better not give that away to fund other improvements more than happy to move a big chunk into hard pay but that can only happen separately and on top of our next contract and better not be hidden, big no vote and dpa card going in if it gets brushed under the rug like c2012 i dont like leaving such a big piece of my income at the hands of good or bad management decisions yes i know its in their hands already to a large extent, bk laws aint what they used to be and without a pension to steal ill take as much money in my own name as soon as possible as often as possible. i dont trust big ps longterm things cuz things go bad, my pension, furlough, SLI and merger "targeting" have proved that
Originally Posted by Carl Spackler
(Post 1855449)
Of course I or RA wouldn't say that. The only correct answer to that question would be: "There's no way to determine next year's profit sharing cost because we don't know what the profit will be...or if they'll be one."
It would be a similar answer if a shareholder demanded to know what next year's fuel costs will be. Or next year's maintenance costs. |
Originally Posted by Carl Spackler
(Post 1855449)
The only correct answer to that question would be: "There's no way to determine next year's profit sharing cost because we don't know what the profit will be...or if they'll be one."
Carl |
Originally Posted by Falcon7
(Post 1857296)
Doesn't that make our profit sharing payout at risk and variable since "there's no way to determine next year's profit sharing cost because we don't know what the profit will be...or if they'll be one."
"At Risk" is a DALPA sponsored term designed to diminish profit sharing in the eyes of pilots so pilots won't miss it when DALPA gives part of it up to self fund pay rate increases. Carl |
Originally Posted by Carl Spackler
(Post 1856882)
You and Karnak can use whatever you like. The problem you have is showing everyone your data rather than your opinions. I'm using the DALPA contract comparison while you, Karnak and the others seem to be running from it.
Delta pilots don't lead the industry in one single section of the contract. Not one. Source: DALPA contract comparison. Carl I'll take our contract right now before any other group's. It only gets better going forward. |
Originally Posted by Herkflyr
(Post 1857841)
Nick Faldo once famously won a British Open with 18 consecutive pars on the last day of the tournament. Using your logic (which I dispute) the win must not have meant much because "He didn't have the best score on any of the holes, not one."
I'll take our contract right now before any other group's. It only gets better going forward. |
OK, lets say that Spackle has won the issue on PS. PS is variable compensation, but only to the upside since there is no "at risk" element. LOL! Hang with me here... if PS was to go down due to a drop off in profitability... I know, I know, it never will, the pilots will be good with that. Certainly good enough that they would never chose to monetize at a higher rate. Therefore we elect to retain full current exposure to PS.
Further, RA will never account for future risk exposure to PS because it cannot be calculated. Even if it was possible, the NMB would tell him he is full of it and would slap him down. He will just have to the roll the dice and hope it all works out. So, what is the most we will get from him in this situation, assuming all else remains the same and we've reduced the money making sections to annual pay rate increases.? I know, I know, RA does not have a maximum because it is not he who decides our max compensation, it is us (according to Spackler). Lets make it easy and assume a 3 year contract. I think it would be helpful if we further assume two scenarios: 1) a contract delivered at the amenable date, and 2) contract delivered at some point beyond the amenable date. In scenario 2, lets include a date along with the pay raises expected. So this exercise is not about what we want, I want quite a bit (I know, I know, what we get is defined by what we want because it is us that determines the max.) So lets assume that we all want $10,000 per hour. This exercise is about what is doable, and specifically doable within a defined timeframe and within historical processes. I'll start. 1) on time: 8, 3, 3 He will meet AA's rates plus 1% and then maintain that margin in the out years. His thinking (Spackler's as well) is that PS is variable but certainly not at risk (our risk), and our pay margin in reality will be 17% with PS. I know, I know, we just have to say stuff it and those rates will climb because he cannot cap them. He will think a 17% margin is fair and he'll guess that the NMB will agree. I know, I know, the NMB will refuse to count PS. It isn't the 17% margin that he thinks the NMB will sign off on, it is the 1% margin. 2) 11, 3, 3 delivered at amendable date plus 18 months. After watching PS decline slightly in 2015, the early look at 2016 PS shows a further decline. RA is comfortable raising the stakes a bit with a reduced PS liability. The margin is now 4%. The NMB has no heartburn with industry standard plus 4%. Delta pilots are eager to get the meter running again. Ok, let the Poo fly! But, lets not forget to play. Don't forget your projections! |
Reference ^^
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