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Originally Posted by Bounty Man
(Post 1904460)
There will be no PS after 2016. Read my lips. Hello ? The top 10 analyst who have been around for decades cause their clients know they are spot on are all saying the market will crash after Oct 2015. All the billionaires have moved out of the market and gone short. Remember March 9th when many believed it wouldn't happen and the DOW hit 6,600 ? All the mutual funds were destroyed. It has taken 8 to 10 years to recoup. This is chump to what is going to happen.
Ask yourself, why would Delta ram a TA through 6 months early ? Oh, it's not because there is an airplane order to place. Don't be naive. In my opinion, it's one of two things. Purely a guess. 1) to get pilots to accept lower pay for hopes of PS knowing there isn't going to be any. Delta mgmnt is well plugged into Wallstreet. 2) they want to buy Alaska with 3rd party and 3rd party won't engage with contract due. You would do better on the stock market message boards buying and shorting. Your panic is being overplayed. 2012 called. They want their fear tactic back. For the new guys here, over the coming weeks you are going to see every boogeyman ever conceived come out of the woodwork. If you ignore them they run back into the closet to think of another angle. Nothing to see here folks. Move along. |
Delta TA $ Fact$ & Figure$
DAL Compensation calculations:
Assumptions; 1,000 hrs/year @ 12 years pay seniority =========================================== Current B-777 Captain $272 x 1,000 = $272,000 + 20% PS = $326,400 New TA 2015 B-777 Captain with 2016 pay rates $311 x 1,000 = $311,000 + 10% PS = $342,000 That's a 2016 4.8% raise + 1.0% 401K contribution is a total aggregate of 5.8% =========================================== Current B-777 FO $185 x 1,000 = 185,000 + 20% PS = $222,000 New TA 2015 B-777 FO with 2016 pay rates $212 x 1,000 = $212,000 + 10% = $233,200 Thats a 2016 5.0% raise + 1.0% 401k contribution is a total aggregate of 6.0% =========================================== Current B-737 Captain $219 x 1,000 = $219,000 + 20% PS = $262,800 TA 2015 B-737 Captain with 2016 pay rates $251 x 1,000 = $251,000 + 10% = $276,222 That's a 2016 5.4% raise + 1.0% 401k contribution is a total aggregate of 6.4% =========================================== Current B-737 FO $149 x 1,000 = $149,000 + 20% PS = $178,800 TA 2015 B-737 FO with 2016 pay rates $170 x 1,000 = $170,000 + 10% PS = $187,000 That's a 2016 4.5% raise + 1.0% 401k contribution is a total aggregate of 5.5% =========================================== Cliff's Notes *Between the most senior pay rates from B-777 Captain to a 12 year B-737 FO...the average pay raise is appx. 5.5% Add in the 2017 & 2018 3% pay increases and you end up having an 11.5% raise. Consider the options of turning down TA 2015 carefully. If disapproved, we can end up going to arbitrage and dragging this out for 2-3 years for only a couple percent more. Then we will be ready for a new contract. Also, the arbitrator's directed to meet just industry standards. Consider all the facts carefuly and vote wisely! B-R |
Originally Posted by Bounty Man
(Post 1904502)
Sad, very sad. Remember our 50% giveback takes 100% to get back to breakeven. Yet inflation keeps on going up.
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Originally Posted by Bounty Man
(Post 1904492)
Many credible analyst. It's a no brainer. I will post info when I get done with trip.
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Originally Posted by Bounty Man
(Post 1904498)
OK Carl, were were you in March of 2009? Believing the doom and gloom wouldn't happen. It was predicted by more than 80%. Go look at the Billionaires positions at that time. They knew. Right on target. This is very predictable.
Carl |
https://pbs.twimg.com/profile_images...a7505b006.jpeg
What does this have to do with Section 1, 14 and 23? Does Section 3 5.5% pay increases trump what's happening in the other sections? |
Originally Posted by forgot to bid
(Post 1904494)
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.
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Originally Posted by MtEverest
(Post 1904512)
Even if the economy does crash, Delta will be just fine. For the first time since before deregulation US airlines have pricing power in up and down economies. They love their capacity discipline. They also love outsourcing to low cost providers that they can put Delta paint on.
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Originally Posted by BlackRocket
(Post 1904507)
DAL Compensation calculations:
Assumptions; 1,000 hrs/year @ 12 years pay seniority =========================================== Current B-777 Captain $272 x 1,000 = $272,000 + 20% PS = $326,400 New TA 2015 B-777 Captain with 2016 pay rates $311 x 1,000 = $311,000 + 10% PS = $342,000 That's a 2016 4.8% raise + 1.0% 401K contribution is a total aggregate of 5.8% =========================================== Current B-777 FO $185 x 1,000 = 185,000 + 20% PS = $222,000 New TA 2015 B-777 FO with 2016 pay rates $212 x 1,000 = $212,000 + 10% = $233,200 Thats a 2016 5.0% raise + 1.0% 401k contribution is a total aggregate of 6.0% =========================================== Current B-737 Captain $219 x 1,000 = $219,000 + 20% PS = $262,800 TA 2015 B-737 Captain with 2016 pay rates $251 x 1,000 = $251,000 + 10% = $276,222 That's a 2016 5.4% raise + 1.0% 401k contribution is a total aggregate of 6.4% =========================================== Current B-737 FO $149 x 1,000 = $149,000 + 20% PS = $178,800 TA 2015 B-737 FO with 2016 pay rates $170 x 1,000 = $170,000 + 10% PS = $187,000 That's a 2016 4.5% raise + 1.0% 401k contribution is a total aggregate of 5.5% =========================================== Cliff's Notes *Between the most senior pay rates from B-777 Captain to a 12 year B-737 FO...the average pay raise is appx. 5.5% Add in the 2017 & 2018 3% pay increases and you end up having an 11.5% raise. Consider the options of turning down TA 2015 carefully. If disapproved, we can end up going to arbitrage and dragging this out for 2-3 years for only a couple percent more. Then we will be ready for a new contract. Also, the arbitrator's directed to meet just industry standards. Consider all the facts carefuly and vote wisely! B-R Let me make this clear, pay is not the reason to vote yes or no on this contract. It's the sweeping changes to JV agreement, sick leave, letting the MEC chairman decide what alter ego airlines gets to fly widebodies with Delta paint and a host of other problems. Do yourself a favor and quit bringing up pay. It's just not worth talking about anymore. |
Originally Posted by forgot to bid
(Post 1904513)
We'd still throw in some help.
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