Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Delta
JP Morgan's analysis of the TA >

JP Morgan's analysis of the TA

Search
Notices

JP Morgan's analysis of the TA

Thread Tools
 
Search this Thread
 
Old 10-13-2016, 06:08 PM
  #21  
Gets Weekends Off
 
Joined APC: Dec 2012
Posts: 389
Default

Just for the fun of it can you paint me this picture where you describe the truck and the whole in any kind of detail. To say there is a hole is easy. Describe said hole and how it can be exploited that would educate the group. I think as we discuss and consider this offer we should not listen to generic and provocative rhetoric that lacks specifics.
vilcas is offline  
Old 10-13-2016, 07:20 PM
  #22  
Gets Weekends Off
 
Joined APC: Dec 2013
Posts: 217
Default

Originally Posted by Tanker1497 View Post
...industry standard pay.
Seems this is the buzzword phrase meant to downplay the rates. Correct me if I'm wrong, but doesn't TA2 have industry leading individual rates on:

747A
777A
350A
787A
330-900A
737-900A
A321A
737-800A
737-700A
A320A
A319A
C100A
717A
747B
777B
350B
787B
330-900B
737-900B
A321B
737-800B
737-700B
A320B
A319B
C100B
717B

Adding in Profit Sharing as part of our at risk compensation and our overall compensation for every aircraft makes us the highest paid pilots. True?
Dharma is offline  
Old 10-13-2016, 07:38 PM
  #23  
Da Hudge
 
80ktsClamp's Avatar
 
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
Default

Originally Posted by Turbo1 View Post
you know not about which you speak.......
What he said was spot on.
80ktsClamp is offline  
Old 10-13-2016, 07:58 PM
  #24  
Gets Weekends Off
 
JamesBond's Avatar
 
Joined APC: May 2015
Position: A350 Both
Posts: 7,292
Default

Originally Posted by Turbo1 View Post
.If I am wrong I will be the first to admit it right here.....
Bullsqueeze.
JamesBond is offline  
Old 10-13-2016, 08:13 PM
  #25  
Gets Weekends Off
 
zippinbye's Avatar
 
Joined APC: Jun 2015
Position: 320/A
Posts: 875
Default

Wall Street *icks getting worked up about our PS and general level of compensation will make concessions easier to swallow for me, but won't make them taste good!
zippinbye is offline  
Old 10-13-2016, 09:16 PM
  #26  
Gets Weekends Off
 
Denny Crane's Avatar
 
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Default

Originally Posted by vilcas View Post
Just for the fun of it can you paint me this picture where you describe the truck and the whole in any kind of detail. To say there is a hole is easy. Describe said hole and how it can be exploited that would educate the group. I think as we discuss and consider this offer we should not listen to generic and provocative rhetoric that lacks specifics.
Well the way to do that is to take thee 650,000 global BH's and subtract it from 688,000 (number of GBH's we are flying now according to some). That's 38,000 hours. Divide that number by 12 to get average hours a month of 3,167. Then take 3,167 and divide by 80 hours a month which equals about 40 rounded up. So, by my very public math there is a POSSIBILITY of a loss of 40 Captain and 80 FO positions from a strictly international category IF the company goes to the minimum GBH's. Possibly fewer FO's if from 75/767. I do not see them doing this anytime soon.

Denny
Denny Crane is offline  
Old 10-13-2016, 09:35 PM
  #27  
Gets Weekends Off
 
Joined APC: Oct 2016
Position: Moving left
Posts: 153
Default

Originally Posted by Denny Crane View Post
Well the way to do that is to take thee 650,000 global BH's and subtract it from 688,000 (number of GBH's we are flying now according to some). That's 38,000 hours. Divide that number by 12 to get average hours a month of 3,167. Then take 3,167 and divide by 80 hours a month which equals about 40 rounded up. So, by my very public math there is a POSSIBILITY of a loss of 40 Captain and 80 FO positions from a strictly international category IF the company goes to the minimum GBH's. Possibly fewer FO's if from 75/767. I do not see them doing this anytime soon.

Denny
My contention is that it is not anywhere close to a win that we are giving up our piece of the JV pie for a 'protection' that conservatively costs 120 WB jobs if we ever have to rely on it.
BtoA is offline  
Old 10-13-2016, 09:46 PM
  #28  
Gets Weekends Off
 
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Default

Originally Posted by rube View Post
What about the mess that is the transatlantic market? AF, KLM and AZ are being forced to push their capacity to the limits because they can't make money flying around Europe. It puts immense downward pressure on yields, and is the reason that we aren't flying 50%.

Our international block hours actually grew, our international fleet actually grew during the noncompliance, but none of that growth involved the TAJV. The block hour floor is a novel form of downside protection, but no contract can move the market.
I don't expect to move the market, nor do I expect them to fly planes around empty etc. I just want the half we agreed to. The Spirit and intent of that "half" was 50%. The so called "window" was designed for flexibility here or there, but we were always supposed to get half. Not 48.5% as an all cases maximum, and then below that only to be forgiven.

If EU craters, then that's just business. Flights will be pulled down. I get that. But we should still get our half. If EU grows, we still should get our half. If they are below that half, then we get an injunction to pull the code from whatever portion of the lift necessary to get back into compliance. AF can fly to Peoria 73 times a day in A-380's if they want to, I really don't care. All I care about is how much AF flies for within the DL code. That should be split with us equally as originally agreed to, without constant give backs.
gloopy is offline  
Old 10-13-2016, 09:46 PM
  #29  
Gets Weekends Off
 
Joined APC: Nov 2011
Posts: 4,504
Default

Originally Posted by BtoA View Post
My contention is that it is not anywhere close to a win that we are giving up our piece of the JV pie for a 'protection' that conservatively costs 120 WB jobs if we ever have to rely on it.
what do you mean if? you know very well that they will drop to that minimum right when this TA is signed.
tunes is offline  
Old 10-13-2016, 09:48 PM
  #30  
Gets Weekends Off
 
Joined APC: Jul 2010
Position: window seat
Posts: 12,522
Default

Originally Posted by GogglesPisano View Post
Do you think those work-rule concessions, whatever they are, equate to anything close to 30% over the next 3 years?
Most of those pay rates were already bought in. Industry standard. Coming regardless at some point. Parity, like paying market price for gas.

OK that was a bad analogy, since any well intended and unconditionally well compensated manager can accidentally blow a bazillion dollars playing that guessing game. But you get the point.
gloopy is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
PilotAnalyst
Major
65
10-12-2022 05:31 AM
Scoop
Delta
12
08-28-2016 10:22 AM
2StgTurbine
Technical
32
10-30-2015 12:24 PM
tracer997
Technical
12
01-29-2011 05:45 PM
EWRflyr
Major
14
10-10-2010 10:37 AM

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



Your Privacy Choices