What happens if DAL pilots strike?
 

Lemme tell you what will happen. But first, a little background.

Delta management is largely compensated in stocks and options. This is because being compensated in this way is advantageous from a tax standpoint. However, this leaves mgmt in a very vulnerable position, as anything that causes the stock price to go down hits them right where it matters most to them...in their net worth. And, they cannot just sell all their holdings at one whack, due to myriad SEC rules et al.

It is because mgmt is largely compensated in co. equity that mgmt is so willing to engage in a $5 BILLION stock buyback program, as this directly benefits their equity holdings (mgmt loves to call this "rewarding the co. investors" which, guess what?, includes them!).

The truth is that the DAL pilot group has mgmt by the cajones. Why? Because the DAL pilot group has the means and opportunity to cause the co. stock price to go down, and down hard. This is mgmt's cajones...their holy grail.

Credibly threaten the co.'s stock price (read: mgmt is convinced you can and will take the stock down) and just watch how quickly the craven rats come to the negotiating table and start treating the DAL pilot group with the respect it deserves.

The two key words are: credible threat....the weasels will laugh and scoff at anything less.

Two words: Pan Am

Two words: pilot shortage

Two more: training backlogs

This is 2015, not the 20th century.

Never happen

3 words: Presidential Emergency Board

Employees of the big 3 will never be allowed to strike. It's a scenario that isn't possible.

Don't fret....there's enough Cool Aide drinkers that will pass pass this POS.

Baja.

I thought Obama and his ilk are the friends of the working man? Surely they have our backs

Obama will be long gone before we get even close to a release to strike from the NMB. Probably already building his library when we get through the NMB process.

Just as repeat events in history produces repeat outcomes, your 20th century vs 2015 lacks vision. Any airline can be liquidated as the behemoth Pan Am was...nobody is too big to fail in this era either.

^^^^^ that. You never have to have a strike fund here. It's never even talked about.