I respectfully disagree..The JV scope is a win as we upguage to 242Ton 330's vs 7ER's across the Atlantic and won't pay a penalty for increasing EASK's on our side of the JV...BH protects us if a global SARS event draws down JV 380's which we can replace with 2 75-300's across the pond. I'm only looking at a worst case scenario..which we lived thru after 9/11. I think this TA locks in compensation and scope at the upper WB level and further recaptures mainline flying at the NB level.

It's just my opinion, and after reading the TA and hearing the very loud "no" vote arguments on this site..I'm voting yes.

 

you don't move the ball downfield by losing yards. The issue with this way of thinking is it always defers to management that they tell you whats good for you, and you nod in compliance. If you keep saying we'll get them next time, you'll never know what the line in the sand is. Management will take from you every chance they get because its their job, and they love profit margins. So if theyre going to tell you whats in your best interest, and you don't have the fortitude to say, no, that's taking it too far, then what do you ever hope to achieve "next time?" THIS TIME they took it too far. They promised you big gains when they could afford it, and instead they came and cut more out of your contract, even after the sacrifices and the displacements and the furloughs. You voted yes out of fear, when you should have stood up for what is right and what is fair. This is how negotiations gets played out. Its not for the faint of heart. Lets see if I can count on you in 2018.

 

Every thing worked so well on the JV, what could possibly go wrong with global production balance?

 

So let's say the worst happens. What will our profit sharing pay out? Yup. How long will it take for them to come after pay rates? In the meantime I'm cashing those checks.

The conversion of PS provides downside protection and also keeps us participating in the upside if they remain profitable. I have no problem with how they structured the deal. It basically guarantees, as far as my bank account is concerned, that DL is going to make an$6B profit going forward. If they make less we look smart for converting at higher than 1:1. If they make more...we have it at 1:1 and are back into the 20% range again. It's the same math as 2012 and I have zero buyers remorse on that deal.

 

I'm one of those at the end of my career. I voted NO! It would of been easy to vote yes in my last contract, but this is for all of you with a lot of time left here. If you can't get any better than this in good times, then I feel very sorry for all of you with a long career ahead of you here at delta.

 

If the worst happened the guaranteed rates will go too. If we have enough people to vote in TA2015 with its concessions we'll have enough people to vote in more concessions when asked.

Both guaranteed pay and PS are at risk and gone.

 

You're talking emotionally. If you don't want to take the time to read the language that's fine. We never lost in the TATL JV, they just never grew the way they thought they would. Adding Alitalia to the deal basically guaranteed we wouldn't be able to meet the EASK metric, but our share of the flying has remained relatively flat the entire time. Look it up. It's all on the scope page of the DALPA website.

Back to the football analogy, we are not losing yards under this deal. No WB hours are at risk because of this deal. If you won't take the time to read the VS JV language its not going to make sense to you.

 

again this is assuming its take this deal or bust. nobody is saying the money is terrible, its just not good for what youre getting. The answer lies somewhere on this super fancy scale:

<2015TA-------------------TA2-------------------------------->NMB



The 2nd TA will get you the money youre happy with if not more, and get you QOL gains instead of what you give up. They threw it out there to see if you'd bite. You bit, but you can free yourself from the hook before July 10th

 

Quit tying the two together. Pay ought to be the axle and profit sharing the shock absorber.

Pilots apparently are the only folks around that tie rate and PS together; and are damn well the only ones that go into the boss to discuss a raise and accepts any concessions in the process, it just ain't done.

 

Yet you're spreading propaganda about what's in the TA.

Completely false. No such language exists in the TA.

It allows management to take away another approx 1.5% of Delta pilot's share of the JV's aircraft block hours.

No, it allows them to do that with all our airplanes operated on the JV routes...not all of our airplanes.

Which is even lower than this because of how much we allowed management to reduce the balance to remove the NRT flying requirements.

Where does it say that in the TA language?

First downs, singles, baby steps...yada, yada. Hard to believe we're advocating the exact same thing as when emerging from bankruptcy, during this time of unprecedented profit. If this isn't the time to throw a 30 yard pass instead of a first down run, there never will be.

Carl