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Old 06-12-2015 | 01:18 PM
  #8111  
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Default 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.



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Old 06-12-2015 | 01:18 PM
  #8112  
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Originally Posted by ERflyer
$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
Reread my post.
I did. So what? You still need to subtract the money we would have gotten without this contract and that is 5.75%.

Denny
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Old 06-12-2015 | 01:19 PM
  #8113  
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Originally Posted by scambo1
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.
Dollars to donuts most of what you listed are exactly what are found on the survey results. Let's take this TA missed approach.
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Old 06-12-2015 | 01:19 PM
  #8114  
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From: Decoupled
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Originally Posted by slowplay
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
Negative, Negative, Ghost Rider. I never broke the hard deck. But this TA will have me flying rubber dog shxx to Hong Kong (Insert Jackson, MS)
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Old 06-12-2015 | 01:20 PM
  #8115  
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Originally Posted by Timbo
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.
This is precisely what we should do.
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Old 06-12-2015 | 01:22 PM
  #8116  
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Originally Posted by Superdad
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
Great post. These are the makings of a historic contract.
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Old 06-12-2015 | 01:24 PM
  #8117  
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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?
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Old 06-12-2015 | 01:25 PM
  #8118  
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From: Stay THIRSTY, my friends!
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Originally Posted by gloopy
Another absolute nuke.
1.e.9

Funny how that didn't make the bullet points! Could there be a more scary proposition than this? Be careful what you sign folks.
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Old 06-12-2015 | 01:26 PM
  #8119  
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Default 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?
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Old 06-12-2015 | 01:27 PM
  #8120  
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Everyone read that section 14 real closely. A lot of new and not good stuff in there!
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