Details on Delta TA
#8111
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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DALPA is a virus.
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#8112
$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
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
Denny
#8113
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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.
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.
#8114
Gets Weekends Off
Joined: Oct 2010
Posts: 922
Likes: 0
From: Decoupled
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)
#8115
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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.
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.
#8116
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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
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
#8117
Gets Weekends Off
Joined: Sep 2014
Posts: 5,146
Likes: 112
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?
#8118
#8119
Gets Weekends Off
Joined: Aug 2007
Posts: 328
Likes: 0
From: undefined
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?
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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