Projected Delta Profits (2016-2018)
#1
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Joined APC: Oct 2009
Posts: 3,108
Projected Delta Profits (2016-2018)
ok just came from the SEA road show , the financial expert on the panel was asked projected profit for delta for the next 3 years ,
are you ready for this, plus it came from the MEC table, you know the guy at the end who said nothing and is always looking at his PC, you should of seen the faces at the rest of the table
2016 5.5B
2017 6-8B
2018 7-10B
how long is our contract, I am willing to take the chance , and in three years we can negotiate a new plan
are you ready for this, plus it came from the MEC table, you know the guy at the end who said nothing and is always looking at his PC, you should of seen the faces at the rest of the table
2016 5.5B
2017 6-8B
2018 7-10B
how long is our contract, I am willing to take the chance , and in three years we can negotiate a new plan
#4
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Joined APC: Jun 2015
Posts: 4,116
wild guess?.....30%
After deliberate reflection, I cannot accept placing yet even greater burden on delta, and confronting our beleaguered and under compensated leadership with the added difficulty of meeting the outrageously more expensive pilot payroll that this ta represents.
So Im doing the right thing for our management, standing pat, and voting to not make their job any more difficult that it currently is..........You are welcome guys....
After deliberate reflection, I cannot accept placing yet even greater burden on delta, and confronting our beleaguered and under compensated leadership with the added difficulty of meeting the outrageously more expensive pilot payroll that this ta represents.
So Im doing the right thing for our management, standing pat, and voting to not make their job any more difficult that it currently is..........You are welcome guys....
#5
wild guess?.....30%
After deliberate reflection, I cannot accept placing yet even greater burden on delta, and confronting our beleaguered and under compensated leadership with the added difficulty of meeting the outrageously more expensive pilot payroll that this ta represents.
So Im doing the right thing for our management, standing pat, and voting to not make their job any more difficult that it currently is..........You are welcome guys....
After deliberate reflection, I cannot accept placing yet even greater burden on delta, and confronting our beleaguered and under compensated leadership with the added difficulty of meeting the outrageously more expensive pilot payroll that this ta represents.
So Im doing the right thing for our management, standing pat, and voting to not make their job any more difficult that it currently is..........You are welcome guys....
Carl
#6
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
ok just came from the SEA road show , the financial expert on the panel was asked projected profit for delta for the next 3 years ,
are you ready for this, plus it came from the MEC table, you know the guy at the end who said nothing and is always looking at his PC, you should of seen the faces at the rest of the table
2016 5.5B
2017 6-8B
2018 7-10B
how long is our contract, I am willing to take the chance , and in three years we can negotiate a new plan
are you ready for this, plus it came from the MEC table, you know the guy at the end who said nothing and is always looking at his PC, you should of seen the faces at the rest of the table
2016 5.5B
2017 6-8B
2018 7-10B
how long is our contract, I am willing to take the chance , and in three years we can negotiate a new plan
I think it's tough to reconcile how much we might make, and how much they are paying shareholders, with how much they want to invest in us. I'm not happy about it, and neither are you.
As long as you don't double-count the pay increase, and the PS monetization, of course, both the TA and current contract capture our share of profits. The upside is if things don't work out as planned, and PTIX < $6B, we get a better deal under the TA. The downside is that we are allowing the PTIX definition to be changed so we're giving up a piece permanently, against an insurance policy on the lower end of profitability.
Does that sum it up accurately?
#7
Thanks Jerry,
I think it's tough to reconcile how much we might make, and how much they are paying shareholders, with how much they want to invest in us. I'm not happy about it, and neither are you.
As long as you don't double-count the pay increase, and the PS monetization, of course, both the TA and current contract capture our share of profits. The upside is if things don't work out as planned, and PTIX < $6B, we get a better deal under the TA. The downside is that we are allowing the PTIX definition to be changed so we're giving up a piece permanently, against an insurance policy on the lower end of profitability.
Does that sum it up accurately?
I think it's tough to reconcile how much we might make, and how much they are paying shareholders, with how much they want to invest in us. I'm not happy about it, and neither are you.
As long as you don't double-count the pay increase, and the PS monetization, of course, both the TA and current contract capture our share of profits. The upside is if things don't work out as planned, and PTIX < $6B, we get a better deal under the TA. The downside is that we are allowing the PTIX definition to be changed so we're giving up a piece permanently, against an insurance policy on the lower end of profitability.
Does that sum it up accurately?
Instead of saying:
The downside is that we are allowing the PTIX definition to be changed...
Just say:
In 2017, PTIX is calculated after management compensation and bonuses.
I mean, if you're gonna slap us in the face, at least have the decency to let us see it coming.
And the hits just keep on rolling...
#8
Thanks Jerry,
I think it's tough to reconcile how much we might make, and how much they are paying shareholders, with how much they want to invest in us. I'm not happy about it, and neither are you.
As long as you don't double-count the pay increase, and the PS monetization, of course, both the TA and current contract capture our share of profits. The upside is if things don't work out as planned, and PTIX < $6B, we get a better deal under the TA. The downside is that we are allowing the PTIX definition to be changed so we're giving up a piece permanently, against an insurance policy on the lower end of profitability.
Does that sum it up accurately?
I think it's tough to reconcile how much we might make, and how much they are paying shareholders, with how much they want to invest in us. I'm not happy about it, and neither are you.
As long as you don't double-count the pay increase, and the PS monetization, of course, both the TA and current contract capture our share of profits. The upside is if things don't work out as planned, and PTIX < $6B, we get a better deal under the TA. The downside is that we are allowing the PTIX definition to be changed so we're giving up a piece permanently, against an insurance policy on the lower end of profitability.
Does that sum it up accurately?
Denny
#9
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
I like it better when you say what "it" is...
Instead of saying:
The downside is that we are allowing the PTIX definition to be changed...
Just say:
In 2017, PTIX is calculated after management compensation and bonuses.
I mean, if you're gonna slap us in the face, at least have the decency to let us see it coming.
And the hits just keep on rolling...
Instead of saying:
The downside is that we are allowing the PTIX definition to be changed...
Just say:
In 2017, PTIX is calculated after management compensation and bonuses.
I mean, if you're gonna slap us in the face, at least have the decency to let us see it coming.
And the hits just keep on rolling...
#10
Gets Weekends Off
Joined APC: Jun 2009
Posts: 5,113
Don't get me wrong: you can still conclude that the overall value is wrong, but it's pretty difficult to make the case that shifting the lower end of PS, for a fixed value, is a deal-breaker.
My concern in discussing the PS was always a cap. I'm told that the company's initial scheme for a PS change was rather colorful and exciting. Not for us. Under new negotiations, who knows what could happen?
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