Search

Notices

Details on Delta TA

Thread Tools
 
Search this Thread
 
Old 06-15-2015 | 12:51 PM
  #9011  
Trip7's Avatar
Gets Weekends Off
 
Joined: Dec 2007
Posts: 6,198
Likes: 259
Default

Originally Posted by Moondog
So lets assume it is a one for one swap. The remaining portion of the raise barely keeps up with inflation going forward. Not to mention that you are 'funding' your own raise. The company is not coming off anything in the era of 5B+ profits. That's my biggest beef with the pay. If they want to lower PS, OK, but come up with some cash for it. Like 10/8/6/6 maybe. At least that is a real raise with inflation factored in.
You stated the raises barely keep up with inflation. Many bring up the inflation argument and it's a compelling argument in regards to buying power. But what is always not mentioned is how inflation also affects our current rates. Whatever raise we get holds that same percentage vs our current contract, so it's irrelevant to call C2015 a 6/-2/1/1 raise because the C2015 has a raise of -2/-2/-2.

Secondly the reduction of profit sharing self funds 6%. So a 21% raise over 3 years is truly a 15% raise. Not a home run but that's a decent chunk of change. And we'll be back to the table in 2018, 2 years before AA's CURRENT deal expires
Reply
Old 06-15-2015 | 12:53 PM
  #9012  
Gets Weekends Off
 
Joined: Oct 2010
Posts: 922
Likes: 0
From: Decoupled
Default

Originally Posted by Hornet1
Depending what Delta's profits are I do believe this change to PS could save the company money even when factoring in increased pilot costs going forward. However, Our pay would be roughly the same if the company makes 6 Billion in 2016 whether the TA was 8/6/3/3 and changing PS to 10% between 2.5 and 6B or 8/0/3/3 and leaving PS where it is. I agree with many on this board that say the pay raise is not enough but I question the ones that say the change in PS make it a no go for them. What am I missing?
First, PS is a gain for concessions that were hard won in bankruptcy.

Second, any monetizing of PS should have come AFTER suitable a suitable pay raise.

One man's opinion only.
Reply
Old 06-15-2015 | 12:55 PM
  #9013  
Hornet1's Avatar
Line Holder
 
Joined: May 2007
Posts: 88
Likes: 0
Default

Originally Posted by Moondog
So lets assume it is a one for one swap. The remaining portion of the raise barely keeps up with inflation going forward. Not to mention that you are 'funding' your own raise. The company is not coming off anything in the era of 5B+ profits. That's my biggest beef with the pay. If they want to lower PS, OK, but come up with some cash for it. Like 10/8/6/6 maybe. At least that is a real raise with inflation factored in.
I'm pretty sure we are on the same page here. I'm guessing the company looks at giving us a one for one trade of PS between 2.5B and 6B as premium since they essentially took the risk out of that part of our pay. I think I'm trying to break it out for me to better understand it. 8/0/3/3 "raise" and a one for one swap of PS.
Reply
Old 06-15-2015 | 12:57 PM
  #9014  
Moondog's Avatar
Gets Weekends Off
 
Joined: Jun 2007
Posts: 558
Likes: 0
Default

Originally Posted by Hornet1
Depending what Delta's profits are I do believe this change to PS could save the company money even when factoring in increased pilot costs going forward. However, Our pay would be roughly the same if the company makes 6 Billion in 2016 whether the TA was 8/6/3/3 and changing PS to 10% between 2.5 and 6B or 8/0/3/3 and leaving PS where it is. I agree with many on this board that say the pay raise is not enough but I question the ones that say the change in PS make it a no go for them. What am I missing?
8/6/3/3 would be more tolerable, not acceptable mind you, if they left PS as is. At least it would be a small raise. 8/0/3/3 with PS the same is basically 4/4/3/3 which barely keeps with inflation. Don't misunderstand me, I am all for converting soft money to hard money, but not with a loan shark. Rather get a fair exchange rate.
Reply
Old 06-15-2015 | 01:04 PM
  #9015  
Moondog's Avatar
Gets Weekends Off
 
Joined: Jun 2007
Posts: 558
Likes: 0
Default

Doesn't look like the FO schedules are coming out today, so I am going to drink some Monday cheap beer.
Reply
Old 06-15-2015 | 01:10 PM
  #9016  
Timbo's Avatar
Runs with scissors
 
Joined: Dec 2009
Posts: 7,847
Likes: 0
From: Going to hell in a bucket, but enjoying the ride .
Default

Originally Posted by Moondog
Doesn't look like the FO schedules are coming out today, so I am going to drink some Monday cheap beer.
They are probably pulling 75% of the LCA trips right now, so get ready to work on July 4th!

You DID put that in your survey, right?
Reply
Old 06-15-2015 | 01:12 PM
  #9017  
Line Holder
 
Joined: Jun 2015
Posts: 34
Likes: 0
Default

For those of you who say "I only call in sick if I'm sick so it won't affect me". I'm very happy for you (and a little jealous) that you are sick so infrequently. By stating it that way you imply that anyone who goes over must be abusing sick leave. I use almost 100 hours every year. I've gone as high as 130 hours and as little as 60. I get a sinus infection almost every spring and fall during allergy season and I have a bad back that goes out 2-3 times a year. I really don't care if they want to see my medical history about these issues (they go back over 25 years). My problem is, if I can't self verify on these issues then any cold, stomach issues, or any other sick that I would not need to verify for will now need verification. Thanks DALPA.
Reply
Old 06-15-2015 | 01:13 PM
  #9018  
Moondog's Avatar
Gets Weekends Off
 
Joined: Jun 2007
Posts: 558
Likes: 0
Default

Originally Posted by Timbo
They are probably pulling 75% of the LCA trips right now, so get ready to work on July 4th!

You DID put that in your survey, right?
No delusions that I won't be working on the 4th, but at least I will get holiday pay.....Oh wait.........beer mmmmmmmm!!
Reply
Old 06-15-2015 | 01:14 PM
  #9019  
Moondog's Avatar
Gets Weekends Off
 
Joined: Jun 2007
Posts: 558
Likes: 0
Default

Originally Posted by jdborg
For those of you who say "I only call in sick if I'm sick so it won't affect me". I'm very happy for you (and a little jealous) that you are sick so infrequently. By stating it that way you imply that anyone who goes over must be abusing sick leave. I use almost 100 hours every year. I've gone as high as 130 hours and as little as 60. I get a sinus infection almost every spring and fall during allergy season and I have a bad back that goes out 2-3 times a year. I really don't care if they want to see my medical history about these issues (they go back over 25 years). My problem is, if I can't self verify on these issues then any cold, stomach issues, or any other sick that I would not need to verify for will now need verification. Thanks DALPA.
^^^^^+1^^^^^
Reply
Old 06-15-2015 | 01:16 PM
  #9020  
Hornet1's Avatar
Line Holder
 
Joined: May 2007
Posts: 88
Likes: 0
Default

Originally Posted by Moondog
8/6/3/3 would be more tolerable, not acceptable mind you, if they left PS as is. At least it would be a small raise. 8/0/3/3 with PS the same is basically 4/4/3/3 which barely keeps with inflation. Don't misunderstand me, I am all for converting soft money to hard money, but not with a loan shark. Rather get a fair exchange rate.
I agree completely...
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Kilroy
ExpressJet
10796
01-11-2016 06:49 AM
FastDEW
Major
201
09-03-2011 06:42 AM
Quagmire
Major
253
04-16-2011 06:19 AM
ksatflyer
Hangar Talk
10
08-20-2008 09:14 PM
INAV8OR
Mergers and Acquisitions
66
05-15-2008 04:37 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices