Are you talking about captains only?

And are you factoring in the 3-5% reduction in profit sharing over the past 3 years? (Also on the low side)

Unless pilots are flying 80 plus hours every month, and run to the phone for a green slip, $200/ year certainly doesn't seem average.
Well, for first officers at least.

That might be a double edged sword too. If the company is looking to diminish training cycles, I'm not sure that would have the desired effect.

Incorrect.

The 18 month window is protection for us in this situation. It keeps management from giving, say, 29% of the employees raises every six months to circumvent a review for us.

If more than 30% of the other employees get raises next year, it will trigger a review for us.

Between that and the profit sharing, I don't understand why we'd rush into something right now. The PS completely neuters any "Time Value of Money" argument.

IThe average pay was 180k in 2013. When the 2014,numbers are posted with the raise and increase in PS it will be near or over 200k. The reduction in profit sharing was about 1.9%. I don't know where you got your numbers. The math has been posted many times. A simple recap is the profit sharing amount was reduced 125 million dollars. The reduction was a fixed amount. The pilot share of that is about 34 to 35% or just under 44 million. 1% in pay equals just under 23 million dollars.
The average Delta pilot credits about 87 hours per month. Some more and some less.
Keep in mind that pay and w2 are not the same. You need to view your 31 DEC pay check and view the gross for the year to get a accurate amount.

I hope your statement is correct however I was told that a review can be triggered only every 18 months. Reading that section seems to confirm that.

If, during any consecutive rolling 18-month period, the Company grants an across-the-board increase in base pay rates to non-pilot U.S.-based workgroups covering 30% or more of its non-pilot U.S.-based

Hate to say it, but all it'll take is for either Israel, Iran, or ISIS to pop off a nuke and this whole thing becomes an academic argument. The ME will cease to exist as a transit hub.

Unless they are trying to prevent a mass exodus to higher paying aircraft by senior FOs who lose their lucrative bid LCA income. But I kind of doubt that will stymie some senior NB FOs from just heading straight to the WB list. But it was just a thought.

But even if I was paid equal to 320 pay as a 717 FO, it doesn't mean I won't jump ship just because there is no pay difference. Sometimes I just want a change of scenery. And maybe, no yoke. Sick of yokes.

Does it say the review can only be triggered once in that rolling 18 month period? Semantics I know but how would a lawyer/arbitrator view it? NewK? :)

Congrats Ferd!

Denny

Exactly. It will pass. It's why I laugh when guys talk about strike funds, you'll never need it.

This is a done deal but I'm really curious to see it and hopeful it's good.

I had a conversation with a Captain who was outraged about the idea of them going back to the old LCA OE system where the FO was put back as #1 on reserve. He'd vote no and tell everyone and their moms to vote no.

But when he found out that they would just take the ability to bid the LCA trips away, he was fine with it. I think that will be the general sentiment about the LCA OE thing and thus it will pass.

What I am interested to know is what ability does the LCA have for swapping said trips? Because there will understandably be some not so happy LCA if they can't improve their lines and what does that mean for retaining good LCA.

What you and The Tool fail to acknowledge or comprehend is the time value of concessions. C2012 was cost neutral to Delta largely because of our concessions. TA2015 looks the same regarding concessions.

If you two and your ilk are going to be screaming time value of money as the reason you have to take the deal as long as it's quick, make sure you calculate the time value of NOT taking concessions.

Carl