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07-13-2015 | 05:02 PM

#31

Take Em

Line Holder

Joined: Dec 2013

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From: CA

Posted on another thread but Delta isn't done with just GOL...

http://finance.yahoo.com/news/delta-offers-invest-japans-bankrupt-224023615.html?.tsrc=applewf

07-13-2015 | 05:21 PM

#32

Hank Kingsley

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From: Power top

The deals were in place, and they figured the TA would pass. So, post TA deadline, we have investment in GOL and Skymark. Money on the table, no way. There is much more to follow. Circa C2012.

07-13-2015 | 06:36 PM

#33

flyallnite

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From: Stay THIRSTY, my friends!

Huge extra profits from ancillary fees. These are NOT included as 'airfares' when compared to past data. Whole new source of revenue still being developed...

Delta Air (DAL) Stock Closed Up as Ancillary Fees Soar to Record High - TheStreet

07-13-2015 | 07:47 PM

#34

scambo1

The Brown Dot +1

Joined: Jun 2009

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From: 777B

Quote:

Originally Posted by Hank Kingsley

The deals were in place, and they figured the TA would pass. So, post TA deadline, we have investment in GOL and Skymark. Money on the table, no way. There is much more to follow. Circa C2012.

Now, the rest of the story is that the MEC chair and admin were likely quite aware of these investments.

Again, does this appear that our collective interests were or were not on the forefront? This is not a witch hunt, just a question...

I do not believe that the scope modifications necessarily rose to the level of DFR because the TA was put out for a vote. However, if there is an LOA that negatively modifies section 1, it does meet the DFR litmus test.

Be very, very wary of section 1 changes. Especially those modifying big jet scope.

07-14-2015 | 03:31 AM

#35

rube

Snake

Joined: May 2015

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DFR?

How exactly does an investment constitute a Duty of Fair Representation violation?

07-14-2015 | 03:55 AM

#36

sailingfun

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Quote:

Originally Posted by rube

DFR?

How exactly does an investment constitute a Duty of Fair Representation violation?

Helicopters! Big Black Helicopters! Hovering Everywhere!

07-14-2015 | 04:01 AM

#37

Purple Drank

Straight QOL, homie

Joined: Feb 2012

Posts: 4,202

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From: Record-Shattering Profit Facilitator

Quote:

Originally Posted by rube

DFR?

How exactly does an investment constitute a Duty of Fair Representation violation?

It's the detrimental change to to section 1 via LOA that would be the problem. Not the investment. But I'm guessing you knew that.

07-14-2015 | 06:40 AM

#38

Check Essential

Works Every Weekend

Joined: Dec 2007

Posts: 3,506

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From: 737 ATL

Quote:

Originally Posted by scambo1

if there is an LOA that negatively modifies section 1, it does meet the DFR litmus test.

Be very, very wary of section 1 changes. Especially those modifying big jet scope.

This MEC administration has no standing to negotiate ANYTHING!

They better NOT change our scope clause.

If the MEC lame ducks rush through a Letter of Agreement and bypass memrat, it would just about guarantee the DPA getting enough cards to force a representation vote.

I can't believe they would try passing an LOA after a 65-35 NO vote. That would truly bring out the line pilots with torches and pitchforks over at the DALPA building.

07-14-2015 | 01:12 PM

#39

notEnuf

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From: ir.delta.com

Delta now has an ownership stake in 4 other airlines; Virgin Atlantic, GOL, AeroMexico and Skymark.

Delta Air Lines, Inc. To Invest In Japan?s Skymark Airlines

07-14-2015 | 02:07 PM

#40

BenderRodriguez

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Quote:

Originally Posted by notEnuf

Delta now has an ownership stake in 4 other airlines; Virgin Atlantic, GOL, AeroMexico and Skymark.

Delta Air Lines, Inc. To Invest In Japan?s Skymark Airlines

Yes, and your point?