Details on Delta TA
06-04-2015 | 10:36 AM
#5491
Line Holder
Joined: Apr 2014
Posts: 1,142
Likes: 5
Don't think that's a given this time.
Why you might ask? Look how big the profit sharing checks have become since 2011.
That is the biggest hurdle for the upcoming sales campaign.
Delta is wildly profitable now and forecasted to increase that position as debt retires at a record clip. That along with the $6 billion dollar dividend and share buy back program and it become hard to sell a concessionary TA.
Did the company over reach without supplying a double digit increase?
That is going to be the big question. Folks are going to weigh the concessions against pay increases, particularly if PS is touched.
This is not going to be a 65-35 rubber stamp snap-a
-salute vote.
Me personally, it's a NO vote until i can be convinced of YES. For C12k I was a YES unless I could be convinced NO.
Why you might ask? Look how big the profit sharing checks have become since 2011.
That is the biggest hurdle for the upcoming sales campaign.
Delta is wildly profitable now and forecasted to increase that position as debt retires at a record clip. That along with the $6 billion dollar dividend and share buy back program and it become hard to sell a concessionary TA.
Did the company over reach without supplying a double digit increase?
That is going to be the big question. Folks are going to weigh the concessions against pay increases, particularly if PS is touched.
This is not going to be a 65-35 rubber stamp snap-a
-salute vote.
Me personally, it's a NO vote until i can be convinced of YES. For C12k I was a YES unless I could be convinced NO.
06-04-2015 | 10:37 AM
#5493
Gets Weekends Off
Joined: Aug 2007
Posts: 618
Likes: 0
06-04-2015 | 10:44 AM
#5495
Gets Weekends Off
Joined: Aug 2007
Posts: 618
Likes: 0
06-04-2015 | 11:10 AM
#5498
Gets Weekends Off
Joined: May 2012
Posts: 489
Likes: 0
Folks, please, during the up and coming TA debates, never forget:
-The record profits being made
-The 5 Billion in stock buybacks and additional 1 Billion in dividends the company just recently announced. They found 6 Billion lying around to do those with.
-The record profits being made
-The 5 Billion in stock buybacks and additional 1 Billion in dividends the company just recently announced. They found 6 Billion lying around to do those with.
06-04-2015 | 11:18 AM
#5500
Doesn't Get Weekends Off
Joined: Jun 2007
Posts: 2,599
Likes: 2
The only way they get this to pass with some concessions involved and 9/4/4/4 is if they have some sort of "Fleeting Opportunity" that they have kept secret.
Since we haven't heard any rumors, I find that unlikely.
However, maybe they will tie the deal to more widebodies, 100-seat fleet at mainline, or some crazy idea like merging with Endeavor starting immediately, bringing all of DCI in-house, and not renewing any contracts going forward with other DCI carriers.
Since we haven't heard any rumors, I find that unlikely.
However, maybe they will tie the deal to more widebodies, 100-seat fleet at mainline, or some crazy idea like merging with Endeavor starting immediately, bringing all of DCI in-house, and not renewing any contracts going forward with other DCI carriers.
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