Details on Delta TA
06-13-2015 | 07:19 PM
#8611
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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.
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.
06-13-2015 | 07:22 PM
#8612
Line Holder
Joined: Sep 2005
Posts: 36
Likes: 0
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
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
06-13-2015 | 07:26 PM
#8615
Back on TDY
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
06-13-2015 | 07:27 PM
#8617
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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.
06-13-2015 | 07:31 PM
#8618
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
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.
06-13-2015 | 07:36 PM
#8619
Gets Weekends Off
Joined: Jun 2015
Posts: 357
Likes: 0
From: CA
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
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.
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