![]() |
Details on Delta TA
An added "benefit" for Reserve pilots....no more waiting until 10am to start short call on your first day back brought to you courtesy of 23.S.5.d
DALPA is a virus. Sent from my iPhone using Tapatalk |
Originally Posted by ERflyer
(Post 1902877)
$200,000 X .215 = $43,000
I used $244,000 X 21.5% = $52,460 PTIX this year is about $6B with a payout of about 22%. Next year profits are supposed to increase so even if the payout would drop to 15% with the new formula at $6B. With the increased profits going to $10B PS will go back up to 22%+ IMHO
Originally Posted by ERflyer
(Post 1902967)
Reread my post.
Denny |
Originally Posted by scambo1
(Post 1902695)
What does a historic, best airline contract in the world look like?
While everyone is whittling down their expectations and not reflecting on their surveys, I thought I would post what most here may have expected. 1. Untouched profit sharing. 2. 20% date of signing or AA+1 then cola 3. Teeth put into the upper end scope, not concessions and guaranteed shrinkage. 4. Paid health insurance 5. ERISA maximum 401k contribution paid by company catchup contributions paid by pilot. 6. International, night and per diem pay at the top of the industry. 7. Seniority bidding rights status quo 8. Trips touching vacation (FedEx has it - remember worlds greatest contract) 9. Etc While you are arguing over scraps to try to retain your dignity, remember, pilots are fixers...you do not have to fix this or figure out how you can make it work...no matter what, you are not getting a red bull at the top of descent. If you vote yes for this concessionary contract during the best negotiating environment you have ever seen, you cannot retain the dignity that you made the job/profession better...it doesn't work like that. Voting yes on this is no different that eating food you just pulled out of the dumpster. Status quo is a ok by me. |
Originally Posted by slowplay
(Post 1903210)
How long were you below the hard deck? ;)
The defense department regrets to inform you that your sons are dead because they were stupid.” That was some of the best flying I've seen to date - right up to the part where you got killed |
Originally Posted by Timbo
(Post 1902706)
Under the Railway Labor Act, our contracts do not 'expire', they become 'amendable'.
So once we pass by the Amendable Date (Jan. 1, 2016) we continue to operate under today's contract, WITH PROFIT SHARING UNTOUCHED, with 100% of trips dropped for IOE for F/O's, with no BS third party Sick Leave Verification, or any of the many other concessions in this T/A. |
Originally Posted by Superdad
(Post 1902756)
A quick list of the things we said we were going to ask for in our opener, that we did not get. This is by no means comprehensive. My favorite is we said we were going to try to improve new hire training freeze. It has doubled in the TA.
Why do I get the feeling that our TA is the companies opener... TA failures as compared to opener Define SEA as hub Define flight pay as beginning with door close. Increase international pay. Establish holiday pay Establish night pay Establish ground pay Establish MED pay Provide pay guarantee for all pilots removed for fatigue Require a higher minimum number (or percentage) of weeks in each vacation month and require that such allocation remains fixed throughout the vacation year Provide increased access to the best coach seat available for domestic deadhead Improve reserve X-day provisions Improve the maximum contractual duty day Improve ADG Improve trip and duty rigs Improve Death in Immediate Family provisions Improve Crew Rest Facility language Improve category freeze for new hire pilots Codify “Unable to Commute” policy within the PWA Establish ability for next day swaps Establish jetway trades Provide positive space travel benefits Reduce active and retiree pilot medical premiums Incorporate an HSA (or HRA) plan into the PWA Establish a Retiree Medical Account for use by retirees to cover retiree health costs |
New hires are going to live with this contract longer than anyone. Those on probation (maybe 600-900?) can't vote. The sooner a ratification vote happens, the fewer "long term" pilots who will get to vote. Could be part of the calculus of the company's rush through negotiations and ALPA's rush to ratify?
|
Originally Posted by gloopy
(Post 1903230)
Another absolute nuke.
Funny how that didn't make the bullet points! Could there be a more scary proposition than this? Be careful what you sign folks. |
Barons' noticed its cost neutral
an interestign read from barons:
Why Delta?s Pilot Deal Could Be Bad News For Southwest - Stocks to Watch - Barrons.com highlights include: ... we estimate that this would result in cost increases over the current contract of $196 million in 2015 and $356 million in 2016... and: Based on our 2016 earnings forecast adjusted for higher pilot costs and an assumed 3% wage increase for non-pilot employees, the change should result in ~$600 million in lower profit sharing expense. so, in the first two years we are in the plus column at 552 mil, in 2016, the company makes back 600 mil. more than paying for its first two year investment. I wonder how much the company saves on profit sharing in 2017 and beyond? |
Everyone read that section 14 real closely. A lot of new and not good stuff in there!
|
| All times are GMT -8. The time now is 02:06 PM. |
Website Copyright © 2026 MH Sub I, LLC dba Internet Brands