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Details on Delta TA

Old 06-16-2015 | 12:29 PM
  #9301  
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Zimbabwe International Air Line Pilots Association proudly announces an HISTORIC TA that gets them back to their 2004 pay of one billion an hour by 2018. The TA also aligns work rules with 1932 industry standards.

The MEC and NC had no comments when asked about it taking 35 quadrillion Zimbabwe dollars to buy 1 US dollar.
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Old 06-16-2015 | 12:36 PM
  #9302  
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..............
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Old 06-16-2015 | 12:38 PM
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Originally Posted by lineplug
Thanks Orvil. I realize there are a lot of variables but man it would be nice to see the numbers. I am a FO and very worried about the impact of this.
It makes total sense to me that this is a significant issue to you, and I think all Delta pilots should consider it in their review of the TA. I have been trying to put numbers on this, from a meeting yesterday. I wasn't able to attend the open session brief to the MEC last week, so I'm not caught up on the info yet.

According to my notes, there were 15,474 trips days dropped in 2014, or 1.42 days/pilot/year. 50% of dropped days went to 288 pilots, 75% to 767 pilots. 252 pilots averaged more than one day per month dropped. The concentrations vary widely by fleet type, i.e. more on the ATL 717B. That's who is getting the drops.

I think it will also be instructive to understand what % of trips would likely be removed from the bidding. I can't fully substantiate this for you yet, the total number of trips being pulled sounded like it would be < than 2% (of FO trips, obviously). I'm being told a notepad should be available shortly, but in the meantime, there is a road show in Peach Tree City tomorrow from 1-4PM, and the road show schedule has been e-mailed in Contrails 20.
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Old 06-16-2015 | 12:39 PM
  #9304  
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Originally Posted by Professor
For those believing the lies of FPL.

I will give you a current account of my FPL.
21 hours.

I have been at a 3 day meeting. 1 day of training. And currently average 6 hours a day everyday answering questions on various social media outlets.

So before we start accusing a mis-use of FPL, get the facts.

Also, I would love to see any of you work for no pay and say you are not getting totally screwed.

I'm not complaining. I am a volunteer. But get your facts straight and stop the childish and baseless allegations to try and recruit other's to your island of rancor and discontent.

But, as always, please keep the questions flowing and we will attempt to get you information.
Ok, lets be a little more clear on this. I checked and part of your statement is correct..u got FPL for a 4 day trip that ended on the 15th...however, that was actually your 3rd rotation that was dropped for FPL so far this month. Brian, its disengious to claim only 21 hours of FPL...for P2P purposes....
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Old 06-16-2015 | 12:45 PM
  #9305  
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Originally Posted by BenderRodriguez
Ummmmm so if DAL buys back stock on the open market, and the price goes up, only the executives are benefiting? How is that?
Lot of ifs there t, and that's the problem. Tons of examples of stock buy back programs not working. Delta under Leo was one example.

If there was any correlation with stock buy back programs and an advancing stock price, you could make a killing. There's not. In fact, Delta stock is now behaving like a lot of stock performance after the program is announced. Straight down.

If anything, the best play on a stock after buy back announcements is an optioned short position. In my opinion of course.

Carl
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Old 06-16-2015 | 12:50 PM
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Originally Posted by SayAlt
I have now put "Professor" on ignore. I'd like to invite the rest of you to join me.

To put someone on "ignore", here is the procedure:

1. Click on the username; a dropbox will open below it
2. Click on "View public profile"
3. This will take you to their user page. Just underneath their username on the top right you will see two new dropboxes titled "Send message" and "user lists"
4. Click on "User lists"
5. Select "ignore user"
6. Confirm you selection
7. You will now no longer see the posts of that user
8. Win!!
.
.


Edit: I have included BenderRodriguez as well. I hope you will join me.
.
.
Excellent idea!!! Ignore everyone that may disagree with you... be sure to have a fainting couch nearby in case you are inadvertently exposed to opinions you don't like.
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Old 06-16-2015 | 12:52 PM
  #9307  
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Originally Posted by Seaslap8
Excellent idea!!! Ignore everyone that may disagree with you...(or) are inadvertently exposed to opinions you don't like.
That has absolutely NOTHING to do with my recommendation, as I subsequently made clear.

Thanks.

.
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Old 06-16-2015 | 12:52 PM
  #9308  
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Originally Posted by orvil
Some of the senior guys will give up and upgrade. This may in turn displace a very junior captain.
Originally Posted by BenderRodriguez
How will it displace anybody?
Exactly like Orvil says. A junior captain is vulnerable to displacement as senior FO's give up and bid captain. If you're a junior captain, you're vulnerable to this.

Carl
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Old 06-16-2015 | 01:09 PM
  #9309  
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Originally Posted by BenderRodriguez
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?
First of all t, a 6 billion dollar buyback is nearly one-fifth of our entire market cap. That's a VERY big number for a buyback.

Second, it only enriches shareholders if it works and the stock goes up. If not, it's a waste of shareholder money. So who does it enrich? Option holders with lock up periods. Who most often has those? Senior executives. Those options represent great wealth if the share price can be maintained above a certain level. Thus the buyback program.

Again, dividends are the method to enrich shareholders if that's the desire.

Carl
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Old 06-16-2015 | 01:17 PM
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Originally Posted by p3flteng
Ok, lets be a little more clear on this. I checked and part of your statement is correct..u got FPL for a 4 day trip that ended on the 15th...however, that was actually your 3rd rotation that was dropped for FPL so far this month. Brian, its disengious to claim only 21 hours of FPL...for P2P purposes....
Awesome. Just freakin awesome.

This is a preview of the road shows folks. They're not designed to inform. Their only purpose is to mislead.

Carl
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