Details on Delta TA
05-07-2015 | 10:59 AM
#3972
Gets Weekends Off
Joined: Feb 2009
Posts: 2,642
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From: right for a long, long time
10% of $2B= 200m
pilots are roughly 35% of the pool.
35% of 200m = 70m
1% of pay is around 25-27m
So 70m/27 = roughly 2.59%
Not a gain or loss... Just a move.
05-07-2015 | 11:07 AM
#3974
Gets Weekends Off
Joined: May 2012
Posts: 1,418
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That's about 25% over 3 years. We needed 18% to match American and they are two years behind us for the next contract. PS would still be 2-3 months each based on estimates using Jerry's numbers. That puts ER FO up to almost $200 an hour or so with override which was C2K Tristar pay. $230K-$260K a year with an 87 average and PS. Easy $300K plus with only a few Greenies and no busting my knots.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS.
I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS.
I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
05-07-2015 | 11:10 AM
#3975
Gets Weekends Off
Joined: May 2012
Posts: 1,418
Likes: 0
Do we credit for saving the company money when the other employees get their profit sharing cut?
05-07-2015 | 11:17 AM
#3977
Gets Weekends Off
Joined: Jul 2011
Posts: 165
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Except that it's not 25%.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
05-07-2015 | 11:36 AM
#3980
Works Every Weekend
Joined: Dec 2007
Posts: 3,506
Likes: 0
From: 737 ATL
Bastian will tell the analysts that the new pilot contract is not only self-funded, if you count the loss of profit sharing for all employees then the company will actually have lower labor costs if ALPA signs this deal.
Now that right there is some constructive engagement.
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