Notices

History has been made

Old 07-11-2015 | 09:06 AM
  #111  
Gets Weekends Off
 
Joined: Dec 2014
Posts: 1,184
Likes: 0
Default

Originally Posted by Carl Spackler
Sure it does tsquare. DAL stock performed exactly like the SP500 on the day of the NO vote. That's "why" the stock moved up. The vote had no role in the stock's performance. Wall Street gave a unanimous yawn.

Carl
For a guy that is a management level player in a Fortune 500 company you surely aren't this simple minded about this. Are you?
Reply
Old 07-11-2015 | 09:21 AM
  #112  
:-)
 
Joined: Feb 2007
Posts: 7,339
Likes: 0
Default

Originally Posted by BenderRodriguez
For a guy that is a management level player in a Fortune 500 company you surely aren't this simple minded about this. Are you?
T, United announced earnings outperformed before market open on Friday. That's the reason.
Reply
Old 07-11-2015 | 09:22 AM
  #113  
scambo1's Avatar
Thread Starter
The Brown Dot +1
 
Joined: Jun 2009
Posts: 7,775
Likes: 0
From: 777B
Default

Originally Posted by gopher3
BobZ....very well said.

And several of the younger Alpa YES reps have seen this play out and aspired for the same path and payout. Apparently selling out your pilots that trusted you and elected you can be a lucrative business if left unchallenged by their constituents.

They are the next generation of Moak disciples 2.0 thirsty for greater wealth under the auspice of volunteering to represent pilots.

I will give Moak credit in one area though....at least he was original. Constructive engagement....that guy was slick. Lee left the bank with a truck full of money and the rest of his minions that helped enrich him just got pinched. Off to the clink boys....enjoy the line.
I keep hearing about the cushy deal that is Alpa work. Can somebody who has done that work explain it to me. I've been a senior management guy in business and in the military. The only thing that kept me sane was flying. Am I missing something or is it just the way I'm wired.
Reply
Old 07-11-2015 | 09:24 AM
  #114  
Gets Weekends Off
 
Joined: Dec 2014
Posts: 1,184
Likes: 0
Default

Originally Posted by Mesabah
T, United announced earnings outperformed before market open on Friday. That's the reason.
Yeah and I guess the rejection of cost neutral contract had nothing to do with it at all?
Reply
Old 07-11-2015 | 09:31 AM
  #115  
scambo1's Avatar
Thread Starter
The Brown Dot +1
 
Joined: Jun 2009
Posts: 7,775
Likes: 0
From: 777B
Default

Originally Posted by BenderRodriguez
Yeah and I guess the rejection of cost neutral contract had nothing to do with it at all?
I don't think it did have anything to do with it.

The battlefield had been prepped earlier.

Let's see what the fallout is from earnings.
Reply
Old 07-11-2015 | 09:33 AM
  #116  
Gets Weekends Off
 
Joined: Dec 2014
Posts: 1,184
Likes: 0
Default

Originally Posted by scambo1
I don't think it did have anything to do with it.

The battlefield had been prepped earlier.

Let's see what the fallout is from earnings.
It was probably a blip on the radar, but dodging a $1.1B cost to the company did not go unnoticed.
Reply
Old 07-11-2015 | 09:43 AM
  #117  
Gets Weekends Off
 
Joined: Jun 2015
Posts: 341
Likes: 0
Default

Originally Posted by scambo1
I keep hearing about the cushy deal that is Alpa work. Can somebody who has done that work explain it to me. I've been a senior management guy in business and in the military. The only thing that kept me sane was flying. Am I missing something or is it just the way I'm wired.
Scambo,

Anybody willing to explain it to you probably was not one of the guys getting the cushy deal over there at ALPA. They were a low level grunt. The "cushy" deal guys are the ones that don't want to come back to the line and will pry on to ALPA with a death grip. And they will also tell you how much easier we have it flying the line. From most of your posts I would infer that you are a sane guy who gets it.....its the wiring of the other guys that is the problem we face now.
Reply
Old 07-11-2015 | 09:54 AM
  #118  
Carl Spackler's Avatar
Back on TDY
 
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Default

Originally Posted by BenderRodriguez
For a guy that is a management level player in a Fortune 500 company you surely aren't this simple minded about this. Are you?
Originally Posted by BenderRodriguez
Yeah and I guess the rejection of cost neutral contract had nothing to do with it at all?
Stock price is truth. Everything else is BS. The stock price did nothing but MATCH the S&P after the no vote was announced. Stock price is truth. The markets collectively yawned at our NO vote.

Carl
Reply
Old 07-11-2015 | 10:28 AM
  #119  
Gets Weekends Off
 
Joined: Dec 2007
Posts: 369
Likes: 0
From: No to large RJs
Default

DAL stock was up 4-5% hours before the vote even closed as well as most of the airlines yesterday. I received the Donayelli email at about 2:30 thereabouts and the stock didn't move much the rest of the afternoon to close. I have to admit I thought Wall Street cared a bit more about us than that...hurt my feelings.

An analyst or anyone saying DAL was up on the news of the TA rejection was not paying much attention yesterday. Either that or they have an agenda.
Reply
Old 07-11-2015 | 10:48 AM
  #120  
Gets Weekends Off
Veteran: Air Force
Line Holder
200 Countries Visited
 
Joined: Jun 2015
Posts: 3,361
Likes: 58
Default

Originally Posted by BenderRodriguez
For example, if those airplanes don't show up, there is gonna be a lot of crow eaten around here.
Not trying to be confrontational or argumentative but what in the voted down TA prevents the company from acquiring the 40 737-900s? If anything, they just became 8% cheaper to operate.

As for the E-190, again, we have a current pay rate and that rate is a windfall for the company compared to the TA rate. I realize the TA rate was most likely increased/banded (sizeably from.C2012) to make it relatively palatable to mainline pilots so that more experienced F/Os would bid Captain on it but, what is it that prevents the company from going forward with the acquisition of either airframe? I just don't see the relationship between TA ratification and airframe.acquisition in this case.

One earlier post (on another thread?) stated that RA said if no TA then $$ would have to be expended refurbing RJs tather than on acquiring the E190s and 739s. Again, I fail to see the causal relationship.

In line with this, I guess the stock popped almost 5% because we just became 8% cheaper for the near future?
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
HeloDrvr
Career Questions
4
01-03-2013 03:33 PM
Selfmade92
Career Questions
3
08-31-2012 02:51 PM
blewis73
Career Questions
3
11-08-2011 01:53 PM
HSLD
United
6
08-30-2011 06:47 AM
SoCalGuy
United
35
06-24-2011 02:58 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On


Thread Tools
Search this Thread
Your Privacy Choices