Details on Delta TA
05-13-2015, 09:45 AM
#4222
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Joined APC: Sep 2008
Position: "Prof" button manipulator
Posts: 1,685
Originally Posted by DAWGS
My first thought with this press release was that we already must have a deal or at least a mostly done deal.
05-13-2015, 09:46 AM
#4223
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Joined APC: May 2012
Posts: 488
Originally Posted by OldFlyGuy
I agree. This doesn't seem to be a particularly good strategy for DAL if they intend to get either a quick or a cheap contract. "Oh! I can't pay you because I gave $5 billion away!" Really..? Dividends can make sense; airline stock buybacks make no sense to me. My price just went up. OFG
I agree. The timing of this release is interesting.
I fear DAWGS might be on the right track: dalpa has already agreed to all/most of the concessions the company wants.
My price just went up
05-13-2015, 09:54 AM
#4224
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Joined APC: Dec 2014
Posts: 1,184
Originally Posted by OldFlyGuy
airline stock buybacks make no sense to me.
$5B in stock buybacks is 13% of the current market cap. All things are not equal in that because a stock buy back is mostly psychological, but in terms of pure static dollars it should increase the value of the underlying by 13%.
Stock options anyone?
05-13-2015, 10:26 AM
#4225
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Regional directors and some other CPO reps have been summoned to ATL.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
05-13-2015, 10:47 AM
#4226
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Joined APC: Nov 2009
Position: C560XL/XLS/XLS+
Posts: 1,278
Originally Posted by Purple Drank
Regional directors and some other CPO reps have been summoned to ATL.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
05-13-2015, 10:49 AM
#4227
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,728
I just figured out what's going on...
Richard must be going to pay us in Stock Options!
He's buying back enough to pay for our next 3 years of contracts!
And think of all the money we'll have once all those dividends start showing up!
Who needs a retirement when you've got 80,000 shares of Delta Stock?
Yee Haw!
OK...either that or...
We're buying Emirates!
A380 here I come!
Richard must be going to pay us in Stock Options!
He's buying back enough to pay for our next 3 years of contracts!
And think of all the money we'll have once all those dividends start showing up!
Who needs a retirement when you've got 80,000 shares of Delta Stock?
Yee Haw!
OK...either that or...
We're buying Emirates!
A380 here I come!
05-13-2015, 11:01 AM
#4228
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,344
Originally Posted by Purple Drank
Regional directors and some other CPO reps have been summoned to ATL.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
Coupled with the emergence of the same sales reps from C12, all indications are that a TA is nigh.
The Negotiating Committee spent much of last week in closed or executive session with the MEC during the Regular MEC Meeting in Atlanta. The Committee was able to fit in some time for negotiations with the Company, and to address the Delta pilots’ position vis a vis various Company table positions. The Committee also received further direction from the MEC on a number of these issues. On Friday, the Negotiating Committee met with the Company to continue direct negotiations. Further negotiating sessions are scheduled for Monday – Wednesday this week.
Contrary to rumor, there have been no Section 3 Compensation proposals made by either side.
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