Details on Delta TA
06-13-2015 | 07:06 PM
#8601
On Reserve
Joined: Jun 2015
Posts: 22
Likes: 0
From: Bounty Hunter
06-13-2015 | 07:06 PM
#8602
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
One other thing about eliminating the OE provisions. These FOs are going to bid to larger categories to make up the money and time off lost. We've got guys on the 717B that are half way up the seniority list in the company, on the 717. The 88, 320, 73N, 7ER, all have pilots that will immediately head off to larger WBs or maybe Captain spots.
06-13-2015 | 07:08 PM
#8603
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
If we go higher guaranteed rates and no PS and the economy crashes as you say, all that is gone. We could go 3333 and that would be gone. We're going to give up the money if this economy crashes.
06-13-2015 | 07:09 PM
#8604
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
There's the famous story of the guy who shorted collateralized debt obligations in 2007 because he was sure the housing market would collapse. He was right and made 2 billion. He then shorted bonds because he was sure rates couldn't go lower since they were near zero. He was wrong and lost 2.1 billion.
Even though you may be right, the market can be irrational longer than you can keep funding your short position. In all things, moderation.
Carl
06-13-2015 | 07:12 PM
#8605
On Reserve
Joined: Jun 2015
Posts: 22
Likes: 0
From: Bounty Hunter
Why do say it's gone ? Are you going to give back like 2004/2005 cause the company can hide money and show doom and gloom ? Chit, I believe the BK was well planned knowing that the merger was going to go down. Isn't that what happened? They stole your pension.
06-13-2015 | 07:14 PM
#8606
On Reserve
Joined: Jun 2015
Posts: 22
Likes: 0
From: Bounty Hunter
I know this won't go over well, but no matter what facts you think you have, the odds of your prediction of the market's direction is exactly 50/50. I don't care who you are, it's 50/50.
There's the famous story of the guy who shorted collateralized debt obligations in 2007 because he was sure the housing market would collapse. He was right and made 2 billion. He then shorted bonds because he was sure rates couldn't go lower since they were near zero. He was wrong and lost 2.1 billion.
Even though you may be right, the market can be irrational longer than you can keep funding your short position. In all things, moderation.
Carl
There's the famous story of the guy who shorted collateralized debt obligations in 2007 because he was sure the housing market would collapse. He was right and made 2 billion. He then shorted bonds because he was sure rates couldn't go lower since they were near zero. He was wrong and lost 2.1 billion.
Even though you may be right, the market can be irrational longer than you can keep funding your short position. In all things, moderation.
Carl
06-13-2015 | 07:15 PM
#8607
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
Save the company is a pretty convincing slogan they can run on if the economy crashes as you say, because heck, it's working now. But I'm sorry, guaranteed pay will evaporate too.
06-13-2015 | 07:18 PM
#8608
Gets Weekends Off
Joined: Sep 2014
Posts: 5,146
Likes: 112
For a brief (very brief) moment, I actually started to wonder if we should offer to insert verbiage into this TA about a psych eval requirement...
06-13-2015 | 07:18 PM
#8609
On Reserve
Joined: Jun 2015
Posts: 22
Likes: 0
From: Bounty Hunter
We are debating a concessionary contract with minimal pay increases in a time where the company nets $1B possibly $2B per quarter - and my thought is that it is going to pass.
If the economy crashes, they'll ask for money back, it will be approved.
Save the company is a pretty convincing slogan they can run on if the economy crashes as you say, because heck, it's working now.
If the economy crashes, they'll ask for money back, it will be approved.
Save the company is a pretty convincing slogan they can run on if the economy crashes as you say, because heck, it's working now.
Thread
Thread Starter
Forum
Replies
Last Post
