Details on Delta TA
06-12-2015 | 11:38 AM
#8071
Gets Weekends Off
Joined: Jul 2014
Posts: 168
Likes: 0
The MEC Chairman can approve... an international partner carrier.. to use the Delta livery, markings, brand name on their aircraft.
...So Virgin Atlantic or China Southern can call themselves Delta, and paint their aircraft as such, and sell tickets using our brand, simply by His approval. Shanghai hub makes a lot more sense now. We just won't be flying it!!!
...So Virgin Atlantic or China Southern can call themselves Delta, and paint their aircraft as such, and sell tickets using our brand, simply by His approval. Shanghai hub makes a lot more sense now. We just won't be flying it!!!
Regardless, I'd do whatever it took to get solid routes in China. Even if that means having JV in the short term.
06-12-2015 | 11:38 AM
#8072
Racketeer
Joined: Mar 2015
Posts: 13,329
Likes: 818
From: N60.4858 W149.9327
You are actually doing a good job stating and restating facts of the TA. The problem is the TA. No matter how many times its said its still 8% for QOL concessions and out year cola. This is a shameful waste of this opportunity.
06-12-2015 | 11:42 AM
#8073
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
Likes: 0
06-12-2015 | 11:44 AM
#8074
Gets Weekends Off
Joined: Aug 2007
Posts: 618
Likes: 0
06-12-2015 | 11:45 AM
#8075
Otto
Joined: Jul 2013
Posts: 1,806
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From: Turkish Pile Driver
Looks like we traded 4 weeks of hotels for an extra year of new hire seat freeze. Who do you think won that battle? The hotels are an industry embarrassment, they were coming anyway. Why trade for something we were going to get anyway? As a guy with a SSN last 4 that starts with a 0 I think the proposed 2 year seat lock stinks. Because of some random factor of where I was born, I have to eat whatever nobody else in my new hire class wanted for 2 years?
06-12-2015 | 11:46 AM
#8076
Gets Weekends Off
Joined: Feb 2008
Posts: 2,539
Likes: 0
SWAPA point of view.
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
06-12-2015 | 11:47 AM
#8077
Gets Weekends Off
Joined: Aug 2007
Posts: 618
Likes: 0
That is outside of the scope of this TA and it only muddies the waters with regards to presenting a contractual change to the pilot group.
That said, I will offer JV language and data as it is and as it is in a worst case. Because...that what a contract is for.
Again, I need some time because I'm collecting language from a few experts. Thanks.
06-12-2015 | 11:53 AM
#8078
Racketeer
Joined: Mar 2015
Posts: 13,329
Likes: 818
From: N60.4858 W149.9327
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
06-12-2015 | 11:54 AM
#8079
Gets Weekends Off
Joined: Dec 2014
Posts: 1,184
Likes: 0
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
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