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06-16-2015 | 11:24 AM

#9281

TheManager

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Quote:

Originally Posted by BenderRodriguez

Consider me the lowest common denominator if you want

Already considered and done. Rhetorical statement. Next?

Quote:

Originally Posted by BenderRodriguez

but I can't necessarily understand the legal words, so I need a little help.

Could have been a negotiator with those qualifications.

I'm sure someone will hold your hand and help you across the proverbial "legal street"

06-16-2015 | 11:25 AM

#9282

TheManager

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Quote:

Originally Posted by BenderRodriguez

How will it displace anybody?

Really ?!

So it's just not "legalese" that's an issue for you.

06-16-2015 | 11:26 AM

#9283

BenderRodriguez

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Quote:

Originally Posted by TheManager

Already considered and done. Rhetorical statement. Next?

Could have been a negotiator with those qualifications.

I'm sure someone will hold your hand and help you across the proverbial "legal street"

Yep. I do know when a contract has been breached though.

06-16-2015 | 11:27 AM

#9284

BenderRodriguez

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Quote:

Originally Posted by TheManager

Really ?!

So it's just not "legalese" that's an issue for you.

'Splain it then Einstein. Here, I'll rephrase it for you. How does a FO upgrading via an AE displace a captain already in the seat?

06-16-2015 | 11:31 AM

#9285

orvil

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From: Decoupled

Quote:

Originally Posted by Carl Spackler

Again, you and Professor are both confusing stock buy back programs with dividends. Dividends directly enrich stockholders. Stock buy back programs directly enrich executives...when they even work.

Carl

Carl is right on this one.

Dividends are a stockholder's friend. Stock buy backs are a monumental waste of capital. They used to be against the law. They really are an abrogation of fiduciary responsibility. This money should have been distributed to the shareholders in the form of dividends or reinvested in the corporation.

I have a few ideas on ways they could reinvest that 6B in the corporation.

06-16-2015 | 11:33 AM

#9286

orvil

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From: Decoupled

Quote:

Originally Posted by BenderRodriguez

'Splain it then Einstein. Here, I'll rephrase it for you. How does a FO upgrading via an AE displace a captain already in the seat?

When his seniority number is higher than the captain already in the seat. While it isn't a displacement for category purposes, it does displace the original captains position in the category.

06-16-2015 | 11:35 AM

#9287

Scoop

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From: DAL 330

Question for Bender.

Are you a LCA? I was wondering how the OE drops would affect the LCA. Once a LCA bids his schedule would he still be allowed to swap trips?

I assume that as of now LCA do not swap trips once an OE is on it. So if they designate 3 of a guys 4 trips one month out does that mean No swaps etc for those trips?

Just trying to shed some light on some possible unintended consequences.

Thanks Scoop

06-16-2015 | 11:40 AM

#9288

BenderRodriguez

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Quote:

Originally Posted by orvil

When his seniority number is higher than the captain already in the seat. While it isn't a displacement for category purposes, it does displace the original captains position in the category.

So what? That can happen anytime for any reason. That's a real weak cause/effect argument. It is not a displacement by any definition. I have had more guys bidding in on top of me for the last 5 years than have bid out until recently. I haven't been displaced.

06-16-2015 | 11:44 AM

#9289

BenderRodriguez

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Quote:

Originally Posted by orvil

I'm not saying they are a good expenditure. Never said that. All I am saying is that the perception that it enriches the executives is minimal at best because with the amount of stock we have outstanding, it won't move the needle enough to "enrich" anybody. They already invest 1/4 of the profits in the employees, pretty hard to justify doing a bigger percentage than that from a business perspective. Do you disagree with that?

06-16-2015 | 11:46 AM

#9290

BenderRodriguez

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Quote:

Originally Posted by Scoop

Once an OE is placed on a LCP's line he is stuck with it. I would guess that this would negate their ability to do premonth swaps/drops. I don't know for sure though.