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News from some buddies at FedEx is that company has signed off on another offer. Rumblings that there could be some unexpected movement in their negotiations.
This could be very, very interesting if they drop a TA before our vote. |
Originally Posted by forgot to bid
(Post 1908341)
15 seconds of (evidently) a 4 minute rant:
https://video-lga1-1.xx.fbcdn.net/hv...14&oe=55836B52 Somewhere they say is an audio version with a lot more expletives. So as someone else said, maybe the cops were there to protect the pilots from the Chairman instead of the other way around? http://vignette3.wikia.nocookie.net/...ix=protagonist |
Originally Posted by forgot to bid
(Post 1908383)
I will say, if this gets voted down, what happens to the Delta stock? If it goes down in defeat, would the stock drop? If so, then the MEC voting no at the outset could've saved a lot of people a lot of money including not only management but the pilots.
But then again. I don't know how wall street would react. They know we'll be status quo. And want a deal asap. So maybe it doesn't drop at all. So I still don't get the PEB rant. He sold another $3.2M in May and still holds 827,660 shares of DAL. Reasons for Richard Anderson's Shares Sale of Delta Air Lines, Inc. (NYSE:DAL)'s Stock - Octafinance At over $40/share, our CEO's DAL holdings are currently worth over $33M. All the Delta executives get restricted stock as part of their compensation. How does a rejected TA affect DAL stock? How would that affect DAL executives in their desire to get a deal done? Draw your own conclusions. |
Originally Posted by PigeonF16
(Post 1908464)
Our CEO sold $3.9M of his DAL stock last October. Delta CEO Richard Anderson sells $3.9M of stock - Atlanta Business Chronicle
He sold another $3.2M in May and still holds 827,660 shares of DAL. Reasons for Richard Anderson's Shares Sale of Delta Air Lines, Inc. (NYSE:DAL)'s Stock - Octafinance At over $40/share, our CEO's DAL holdings are currently worth over $33M. All the Delta executives get restricted stock as part of their compensation. How does a rejected TA affect DAL stock? How would that affect DAL executives in their desire to get a deal done? Draw your own conclusions. |
Originally Posted by Timbo
(Post 1908141)
In the interest of accuracy, I'm correcting an error.
Above I said 1000 less pilots required but it's actually 1000 less Lines of F/O trips awarded, per year, which is not 1000 less pilots. If you divide the 1000 less lines (per year) by 12 months, that's 83 less lines /pilots required per month, but that all depends on how many actual IOE trips Delta is going to be doing with all the retirements, A/E's and new hires coming in the next few years. I think my 4,000 number is low. Using the new TA language for OE trip pull for June 2015 NYC 7ER B category, there would be 11 fewer REG lines for that category. The company would save over $170,000 in 23.G.5. pay for 881:15 OE block hours removed from F/O PBS bidding (out of 1175 required OE block hours for June). Look at June Sim Training on 7ER. There are 15 NYC 7ER New Hires completing Init Qual in June plus one MLOA returnee doing the full course. 15X75 + 1X50 = 1175 OE block hours per the TA. The top F/Os get their LCA trips until only 881:15 remain. ALV is 84, and most NYC 7ER trips appear to be hard time trips; that equals 10.49 lines, which would be 11 REG lines lost unless some folks take a RLL. Furthermore, NYC 7ER reserve coverage is 3 or less each day this month except the last three days of the month (as of 18 June). I'm sure the reserve pilots are filling up with GS to go around; on 13 June there were 15 GS and 2 IAWC. That means the company is paying 23.G.5. without getting relief from pre-paid reserve pilots. NOTE: my analysis is based on using the TA language; actual OE trips and 23.G.5. pay for NYC 7ER B is not used. I don't know how many OE trip buys there are in June in NYC. In August, there are 21 NYC 7ER New Hires finishing sim training. Also, there are 30 New Hire 7ER F/Os who finish sim training in August, but they haven't been assigned a base. All of these allow the company to pull 75% of block hours from F/O PBS bidding based on 75 block hours per NH. That's a lot of trips just from NYC. Extrapolate that over the rest of the fleets and the life of the contract...or even the next decade if we never get this back. It's a lot of money and QOL when you look at fewer REG lines. Keep in mind that NYC 7ER is probably worst case when you attempt to extrapolate. I previously posted similar analysis on ATL 717 but later realized that I grouped all 717 bases instead of using just ATL. I posted a reply that my ATL numbers weren't accurate. Feel free to check my math and to try this analysis on your base and category of choice. |
Originally Posted by PigeonF16
(Post 1908469)
OE trip pull would save the company over $170,000 this June in NYC 7ER category alone if the TA language was in effect.
Using the new TA language for OE trip pull for June 2015 NYC 7ER B category, there would be 11 fewer REG lines for that category. The company would save over $170,000 in 23.G.5. pay for 881:15 OE block hours removed from F/O PBS bidding (out of 1175 required OE block hours for June). Look at June Sim Training on 7ER. There are 15 NYC 7ER New Hires completing Init Qual in June plus one MLOA returnee doing the full course. 15X75 + 1X50 = 1175 OE block hours per the TA. The top F/Os get their LCA trips until only 881:15 remain. ALV is 84, and most NYC 7ER trips appear to be hard time trips; that equals 10.49 lines, which would be 11 REG lines lost unless some folks take a RLL. Furthermore, NYC 7ER reserve coverage is 3 or less each day this month except the last three days of the month (as of 18 June). I'm sure the reserve pilots are filling up with GS to go around; on 13 June there were 15 GS and 2 IAWC. That means the company is paying 23.G.5. without getting relief from pre-paid reserve pilots. NOTE: my analysis is based on using the TA language; actual OE trips and 23.G.5. pay for NYC 7ER B is not used. I don't know how many OE trip buys there are in June in NYC. In August, there are 21 NYC 7ER New Hires finishing sim training. Also, there are 30 New Hire 7ER F/Os who finish sim training in August, but they haven't been assigned a base. All of these allow the company to pull 75% of block hours from F/O PBS bidding based on 75 block hours per NH. That's a lot of trips just from NYC. Extrapolate that over the rest of the fleets and the life of the contract...or even the next decade if we never get this back. It's a lot of money and QOL when you look at fewer REG lines. Keep in mind that NYC 7ER is probably worst case when you attempt to extrapolate. I previously posted similar analysis on ATL 717 but later realized that I grouped all 717 bases instead of using just ATL. I posted a reply that my ATL numbers weren't accurate. Feel free to check my math and to try this analysis on your base and category of choice. |
Originally Posted by Carl Spackler
(Post 1908403)
Neither does Donatelli. It was just pure emotional rage
Carl |
New Guy question:
Does DALPA publish their budget so we can see how our money is being spent? |
Originally Posted by lineplug
(Post 1908573)
New Guy question:
Does DALPA publish their budget so we can see how our money is being spent? You can go into the office in DC and ask to inspect the books (by appointment only), but they're not an easy read unless you're a CPA. Carl |
YGBFSM. So we pay dues to this organization who keeps the details of how they spend OUR money a secret, not to mention our survey results. Where is the accountability? This is a broken system.
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