Details on Delta TA
06-09-2015 | 12:07 PM
#6731
Gets Weekends Off
Joined: Aug 2007
Posts: 618
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AZ was only ever I think around 2% of the JV. In any case, that was EASKs. We gave up the astonishingly bad deal of a 3 year bottomless pit agreement with a 1 year cure period and they still couldn't even honor that deal. But now we will let them fly any plane against any plane and call it even, and we fly on average smaller planes that they do.
50/50 block hours when we're currently doing 67/33 is a huge loss regardless of what happens to AZ.
50/50 block hours when we're currently doing 67/33 is a huge loss regardless of what happens to AZ.
anyway, ask the reps. i think its a good question to ask more about.
06-09-2015 | 12:07 PM
#6732
Gets Weekends Off
Joined: Jul 2010
Posts: 12,831
Likes: 172
From: window seat
Thanks for the info.
1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.
1/5 th. the amount........
I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.
Unbelievable.
1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.
1/5 th. the amount........
I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.
Unbelievable.
Wait, what was the question?
06-09-2015 | 12:08 PM
#6733
Gets Weekends Off
Joined: Aug 2007
Posts: 328
Likes: 0
From: undefined
How? Please explain in detail. I was at the meeting, heard their explanation, and I still don't see how switching from EASK to block hours could possibly be a good thing.
06-09-2015 | 12:09 PM
#6735
Line Holder
Joined: May 2008
Posts: 993
Likes: 0
From: VEOP Retired! 7ER A was last position
06-09-2015 | 12:10 PM
#6736
Gets Weekends Off
Joined: May 2012
Posts: 489
Likes: 0
Because buybacks at peak value deep into a bull run have never amounted to anything other than a short term pump and dump effect for those few people paid with stock and flippers/short term players with zero loyality to a company or its stock.
Wait, what was the question?
Wait, what was the question?
LOL.....no kidding.
06-09-2015 | 12:10 PM
#6737
Gets Weekends Off
Joined: Jul 2014
Posts: 168
Likes: 0
Thanks for the info.
1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.
1/5 th. the amount........
I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.
Unbelievable.
1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.
1/5 th. the amount........
I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.
Unbelievable.
The NMB won't hold your view.
06-09-2015 | 12:15 PM
#6738
Gets Weekends Off
Joined: Jul 2010
Posts: 12,831
Likes: 172
From: window seat
The NMB also won't (can't) reduce our PS or impose the draconian scope concessions as well as the numerous other concessions. They don't have the power or the authority to do so. All they can do is park us under current book. I'd rather have that than this TA.
And even being parked is only if we're being "unreasonable" in what we're demanding. Not accepting concessions isn't being unreasonable. Keep current book and ask for lower raises and we won't be parked, we'll just have to wait out the typical 3 or so year timeline for bad faith company playbook negotiations. But all under current book with no concessions, huge PS and way more widebody JV jobs.
And even being parked is only if we're being "unreasonable" in what we're demanding. Not accepting concessions isn't being unreasonable. Keep current book and ask for lower raises and we won't be parked, we'll just have to wait out the typical 3 or so year timeline for bad faith company playbook negotiations. But all under current book with no concessions, huge PS and way more widebody JV jobs.
06-09-2015 | 12:17 PM
#6739
New Hire
Joined: Jun 2015
Posts: 5
Likes: 0
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.
The NMB won't hold your view.
The NMB won't hold your view.
06-09-2015 | 12:17 PM
#6740
Gets Weekends Off
Joined: May 2012
Posts: 489
Likes: 0
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.
The NMB won't hold your view.
The NMB won't hold your view.
I could not care less how the NMB holds my view.
I am fine living with our current contract versus giving up more scope for flying we already own, sick leave changes, a reduction in profit sharing, the 75% LCA flying, the JV changes etc. etc..
And I don't expect 5 billion in parity. But it isn't even close.
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