Details on Delta TA
06-10-2015 | 04:53 AM
#7051
Gets Weekends Off
Joined: Jul 2007
Posts: 2,562
Likes: 106
From: Road construction signholder
First, how the heck do you quote embedded quotes (i.e. quote numerous posts in a thread and not just the last one).
Second, they do "have a pension." The formula is such (I believe) that it is/was not nearly as lucrative as our A fund used to be---but it is an A fund nevertheless, at least for their senior guys. They were many years ahead of us with their B fund which was funded alongside their A fund long before we ever had a DC plan.
I believe that none of their new pilots get "a pension." In fact I wouldn't want one either if I were a new guy. As we have discussed before, a pension is merely a promise to pay that management will hold over your head, threatening to terminate if you don't play ball.
Second, they do "have a pension." The formula is such (I believe) that it is/was not nearly as lucrative as our A fund used to be---but it is an A fund nevertheless, at least for their senior guys. They were many years ahead of us with their B fund which was funded alongside their A fund long before we ever had a DC plan.
I believe that none of their new pilots get "a pension." In fact I wouldn't want one either if I were a new guy. As we have discussed before, a pension is merely a promise to pay that management will hold over your head, threatening to terminate if you don't play ball.
06-10-2015 | 04:58 AM
#7053
Runs with scissors
Joined: Dec 2009
Posts: 7,847
Likes: 0
From: Going to hell in a bucket, but enjoying the ride .
No?
That's because Richard took labor risk off the table and our weak MEC never even attempted to put labor risk back on that table...
That's why there's no money left on that table, but there's $6 Billion to return to shareholders, i.e. themselves.
Without Labor Risk, a union has ZERO leverage, and this is the kind of crap T/A you are left with.
06-10-2015 | 05:04 AM
#7055
Gets Weekends Off
Joined: May 2015
Posts: 2,960
Likes: 0
From: Power top
The bar has been set so low by the union, this TA can be seen as a victory. It would be a victory in a vacuum. Let's us remember, Delta has reduced its debt so well that they're giving money away, i.e. stock buy back. American has a ton of debt, we don't. Delta paid down debt with our lost benefits. Now they want more.
Stand up to the greed, "the emperor has no clothes".
Stand up to the greed, "the emperor has no clothes".
06-10-2015 | 05:11 AM
#7056
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
First, how the heck do you quote embedded quotes (i.e. quote numerous posts in a thread and not just the last one).
Second, they do "have a pension." The formula is such (I believe) that it is/was not nearly as lucrative as our A fund used to be---but it is an A fund nevertheless, at least for their senior guys. They were many years ahead of us with their B fund which was funded alongside their A fund long before we ever had a DC plan.
I believe that none of their new pilots get "a pension." In fact I wouldn't want one either if I were a new guy. As we have discussed before, a pension is merely a promise to pay that management will hold over your head, threatening to terminate if you don't play ball.
Second, they do "have a pension." The formula is such (I believe) that it is/was not nearly as lucrative as our A fund used to be---but it is an A fund nevertheless, at least for their senior guys. They were many years ahead of us with their B fund which was funded alongside their A fund long before we ever had a DC plan.
I believe that none of their new pilots get "a pension." In fact I wouldn't want one either if I were a new guy. As we have discussed before, a pension is merely a promise to pay that management will hold over your head, threatening to terminate if you don't play ball.
06-10-2015 | 05:13 AM
#7057
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
I posted this on the other thread but I wanted to post it here.
Mike Donatelli yesterday:
On time on target is now an opportunity. This deal on the table, when considered in total, because that’s the only way to judge a product, is so much more than 2012. Imagine what this will mean to Delta pilots and their families.
But still, this is just an opportunity. Because, you, the MEC are here to take the next step. To figure out if this will go to the Delta pilots, to let them decide.
Well, I often hear the terms “member driven” and “bottoms up” when describing what we do. Well, it’s time to walk the walk, not talk the talk. It’s time to put the Delta pilots back at the controls.
It’s time to let them cast their votes as ALPA members, and as Delta pilots. And let me be perfectly clear on one last consideration: These are mature negotiations in which we pulled every trigger, fired every bullet, to deliver every last penny.
The idea that we can simply resume negotiations…go back to the table and pick up where we left off is a fallacy. It simply won’t happen. It bears repeating, gentlemen: It simply won’t happen.
The next step if we can’t move forward right here and right now is to step back and prepare for a long slog with the NMB… Just like FedEx…. Just like Southwest. Our fate will be in the government’s hands.
So, in closing, I say this to you…Best in the Business…This is ours to own and for our pilots to decide. We can’t blame the Company. We can’t blame the government. If we can’t act on the richest agreement in our history…The Best in the Business, then the blame is squarely on us. Let’s get to work.
On time on target is now an opportunity. This deal on the table, when considered in total, because that’s the only way to judge a product, is so much more than 2012. Imagine what this will mean to Delta pilots and their families.
But still, this is just an opportunity. Because, you, the MEC are here to take the next step. To figure out if this will go to the Delta pilots, to let them decide.
Well, I often hear the terms “member driven” and “bottoms up” when describing what we do. Well, it’s time to walk the walk, not talk the talk. It’s time to put the Delta pilots back at the controls.
It’s time to let them cast their votes as ALPA members, and as Delta pilots. And let me be perfectly clear on one last consideration: These are mature negotiations in which we pulled every trigger, fired every bullet, to deliver every last penny.
The idea that we can simply resume negotiations…go back to the table and pick up where we left off is a fallacy. It simply won’t happen. It bears repeating, gentlemen: It simply won’t happen.
The next step if we can’t move forward right here and right now is to step back and prepare for a long slog with the NMB… Just like FedEx…. Just like Southwest. Our fate will be in the government’s hands.
So, in closing, I say this to you…Best in the Business…This is ours to own and for our pilots to decide. We can’t blame the Company. We can’t blame the government. If we can’t act on the richest agreement in our history…The Best in the Business, then the blame is squarely on us. Let’s get to work.
06-10-2015 | 05:20 AM
#7059
Gets Weekends Off
Joined: Feb 2008
Posts: 20,877
Likes: 194
06-10-2015 | 05:21 AM
#7060
Line Holder
Joined: Jul 2011
Posts: 48
Likes: 0
ALPA is the new FIFA
With all the backroom deals and management bribes going on during this 6 month early TA, I'm surprised ATL hosting the world cup isn't on this TA. Anyone have photo shop? Maybe replace the ALPA or DALPA logo in place of the FIFA logo.
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