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Details on Delta TA

Old 06-11-2015 | 06:21 PM
  #7861  
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From: Kickin’ Back
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Originally Posted by Tummy
I'm new here, so I apologize if my ignorance is on display. Please feel free to explain this to me like you would explain it to a kindergartener.
I think you pretty much got it!

Dalpa said they came to a separate resolution of the JV grievance. I think that's an outright falsehood. If they did, then everything in the contract would be in the grievance settlement. This now begs the question: What is in the rest of the JV settlement? What happens if the TA is rejected?

Denny
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Old 06-11-2015 | 06:33 PM
  #7862  
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Originally Posted by Denny Crane
I think you pretty much got it!

Dalpa said they came to a separate resolution of the JV grievance. I think that's an outright falsehood. If they did, then everything in the contract would be in the grievance settlement. This now begs the question: What is in the rest of the JV settlement? What happens if the TA is rejected?

Denny
That's another good question.

Carl
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Old 06-11-2015 | 06:39 PM
  #7863  
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From: Kickin’ Back
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Ya know, I was just thinkin' ( can be difficult for me!). C2015 is worth about $370 million a year. Let's call it $400 million. So that's $1.2 billion over 3 years. That seems like a lot of money until you think about it for a minute..............................

I'll lay odds that this quarter ending June 30th Delta Air lines will declare a profit of over $1.2 billion. (Not including fuel hedge losses) so the company will pay for our 3 year contract with one quarters worth of profit and pocket the $1.5 billion worth of saving from changing profit sharing for the whole company..............juuuuuuust lovely...................NOT!

Denny
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Old 06-11-2015 | 06:41 PM
  #7864  
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From: Light Chop
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Originally Posted by Denny Crane
Ya know, I was just thinkin' ( can be difficult for me!). C2015 is worth about $370 million a year. Let's call it $400 million. So that's $1.2 billion over 3 years. That seems like a lot of money until you think about it for a minute..............................

I'll lay odds that this quarter ending June 30th Delta Air lines will declare a profit of over $1.2 billion. (Not including fuel hedge losses) so the company will pay for our 3 year contract with one quarters worth of profit and pocket the $1.5 billion worth of saving from changing profit sharing for the whole company..............juuuuuuust lovely...................NOT!

Denny
I feel for the kid delivering coffee that gets in Denny's way.



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Old 06-11-2015 | 06:54 PM
  #7865  
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Originally Posted by forgot to bid
I feel for the kid delivering coffee that gets in Denny's way.



Ha ha FTB!

I feel like the muzzle has come off!

Denny
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Old 06-11-2015 | 06:56 PM
  #7866  
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I said I had trouble thinkin' sometimes but even I can see what a POS this is this time around. Frankly, I'm kinda glad I voted for C2012 because it puts us in a great position to send this turd back.

Denny
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Old 06-11-2015 | 07:11 PM
  #7867  
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WOW...ratification period reduced to 30 days...we will be voting on this TURD while it is still warm and steaming...unbelievable!!!
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Old 06-11-2015 | 07:14 PM
  #7868  
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Originally Posted by Hero68
WOW...ratification period reduced to 30 days...we will be voting on this TURD while it is still warm and steaming...unbelievable!!!
So when is the vote scheduled for?
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Old 06-11-2015 | 07:17 PM
  #7869  
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So what do you guys think is giving the other side the most heartburn in the new ta? I don't think they are thinking, "I can't believe we gave that up…." Seriously, if this was a boxing match, it would be scored 25-4.
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Old 06-11-2015 | 07:20 PM
  #7870  
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Default RA's stock

RICHARD ANDERSON'S NUMBER ONE CONCERN

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Gregg Metor
FORBES

CEO Compensation

#130 Richard H Anderson



Richard H Anderson has been CEO of Delta Air Lines (DAL) for 5 years. Mr. Anderson has been with the company for 5 years. The 56 year old executive ranks 3 within Transportation
Richard H Anderson's Compensation vs. Transportation Medians

Salary $0.60 mil $0.63 mil
Bonus $1.26 mil $1.13 mil
Other $11.31 mil $1.79 mil
Stock Gains NA $0.00 mil
Total Compensation $13.175 mil $6.51 mil
Richard H Anderson Ownership Of Delta Air Lines

Industry Medians
Stock Owned (% Of Co) 0.23% 0.18%
Stock Owned $17.9 mil $0.02 mil

Now with 17.9 million shares, do you think Mr. Anderson worries about labor issues?


One point down = loss of 17.9 million dollars
To points down = loss of 35.8 million dollars (you get it)

Quote
WHY DALPA must go... they CANNOT change and history proves it 48m 24
Dennis the Peasant: Well yeah, but the little elf in the corner thing was funny!
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