Search

Notices
Major Legacy, National, and LCC

DAL/NWA early out?

Thread Tools
 
Search this Thread
 
Old 05-10-2009 | 09:52 AM
  #31  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 564
Likes: 0
From: LAX 350 A
Default

Originally Posted by Carl Spackler
Delta Air Lines and Northwest Airlines both hit the lotto by merging. Just a quick reminder that NWA brought more cash than DAL, more quarterly earnings than DAL, and a higher market cap than DAL. Don't get me wrong DAL was a great airline...so was NWA. The new DAL will be better than both.

If you've got another plan that will remove 500 former DAL guys from the list...I'm listening.

Carl
Come on Carl, not the "my dad can beat up your dad" argument, AGAIN! Like it or not we are one company. So PLEASE take that early out. Damn I'm gonna look good in that Whale.

But back to reality, besides the non-common fleet, lack of a real West Coast presence, and that either or both of two hubs being ousted, it is a good merger (or acquisition ).
Reply
Old 05-10-2009 | 09:57 AM
  #32  
Ralphie's Avatar
Gets Weekends Off
 
Joined: Feb 2008
Posts: 193
Likes: 0
From: Moved up to the M88 from the 767
Default

So we go from being well-staffed for next summer to an early-out program and the "F" word being thrown around. I don't get it, the knowledge that this program was in the works was known long before all of the recent statements from the suits/meetings that our staffing was looking good going into next summer. Is this all just junior guy fear or do they just want to trim mostly DAL N guys due to the 747-2 being canned this December?

Any company wants to get rid of their highest paid employees for doing the same work, but I think that if the Compass deal wasn't hanging around their necks I'd already be gone.

My guess, the package is underwhelming to the vast majority of senior guys and we see a substantial furlough. Age 65, in one lump, couldn't have come at a worse time.
Reply
Old 05-10-2009 | 10:09 AM
  #33  
Seattlecfi's Avatar
Gets Weekends Off
 
Joined: Aug 2006
Posts: 216
Likes: 0
From: 320b
Default

Originally Posted by Ralphie
So we go from being well-staffed for next summer to an early-out program and the "F" word being thrown around. .
I haven't heard the F word from the company, or DALPA.
Reply
Old 05-10-2009 | 10:09 AM
  #34  
Gets Weekends Off
 
Joined: Jun 2008
Posts: 564
Likes: 0
From: LAX 350 A
Default

Originally Posted by Ralphie
Age 65, in one lump, couldn't have come at a worse time.
I knew I should have been a garbage man.
Reply
Old 05-10-2009 | 10:35 AM
  #35  
Denny Crane's Avatar
Gets Weekends Off
 
Joined: Sep 2008
Posts: 6,971
Likes: 0
From: Kickin’ Back
Default

Management has to have decided that offering an early out is cheaper than furloughing. They also have to have decided that most, if not all, positions vacated at the top of the list will not be replaced. There may be training going on because of an early out but it wont be much.

One of the reasons that pilots are never offered an early out is that someone has to fly the widebody airplanes and whomever does is going to be paid the same thing since we are on a twelve year payscale. So whether they are 60 or 48, the same cost is still there. Now, if the positions just disappear, the company can see the advantage to offering an early out vs a furlough. The advantage to us at the moment is, hopefully, no displacements and in the future, if we ever start expanding again, faster upgrades. Hopefully this will happen but I'm not holding my breath.

Either way, if the company is offering this with no strings attached, I say go for it and see how many will take it!!!! What have we got to loose?

Denny
Reply
Old 05-10-2009 | 11:10 AM
  #36  
capncrunch's Avatar
Gets Weekends Off
 
Joined: Feb 2008
Posts: 2,349
Likes: 16
Default

Originally Posted by Denny Crane
Now, if the positions just disappear, the company can see the advantage to offering an early out vs a furlough.
Yep. I think that combined with the fact a whole bunch of older pilots(747-200) will burn their sick time just before training(displacement) and then leave is also a factor. Cheaper to pay them off then have them use up sick time and do nothing.
Reply
Old 05-10-2009 | 12:59 PM
  #37  
Gets Weekends Off
 
Joined: Feb 2008
Posts: 20,869
Likes: 187
Default

Neither the company or ALPA has mentioned anything about furloughs. This program is not a furlough mitigation concept. It is designed to reduce training costs to the company and get pilots who will go many months or even a year without any revenue production. We will be overmanned next winter. Manning for the following summer is about right. If the program goes through and a substantial number of pilots take the program the company will have to hire if marketing does not make a change in the block hour program.
Reply
Old 05-10-2009 | 02:09 PM
  #38  
Ralphie's Avatar
Gets Weekends Off
 
Joined: Feb 2008
Posts: 193
Likes: 0
From: Moved up to the M88 from the 767
Default

Originally Posted by sailingfun
Neither the company or ALPA has mentioned anything about furloughs. This program is not a furlough mitigation concept. It is designed to reduce training costs to the company and get pilots who will go many months or even a year without any revenue production. We will be overmanned next winter. Manning for the following summer is about right. If the program goes through and a substantial number of pilots take the program the company will have to hire if marketing does not make a change in the block hour program.
They don't come out and say it in so many words. Two direct quotes from MGMT...

1) Delta said in a statement that it "continues to take every step possible to avoid involuntary reductions of frontline employees as a result of current economic conditions."
...i.e., they're already planting the "this is due to the economy, not the merger" seed.

2) Delta said that in addition to those programs previously offered, it is working cooperatively with the Air Line Pilots Association "to ensure we have any flexibility needed as we adjust capacity to demand."
...lots of things this could mean, none good.

I understand nobody's said the word, but when have they ever done so.
Reply
Old 05-10-2009 | 06:27 PM
  #39  
Carl Spackler's Avatar
Back on TDY
 
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Default

Originally Posted by bigdaddie
Come on Carl, not the "my dad can beat up your dad" argument, AGAIN! Like it or not we are one company. So PLEASE take that early out. Damn I'm gonna look good in that Whale.

But back to reality, besides the non-common fleet, lack of a real West Coast presence, and that either or both of two hubs being ousted, it is a good merger (or acquisition ).
You clearly don't comprehend a post before you respond to it.

Carl
Reply
Old 05-10-2009 | 06:28 PM
  #40  
Carl Spackler's Avatar
Back on TDY
 
Joined: Apr 2008
Posts: 12,487
Likes: 0
From: 747-400 Captain
Default

Originally Posted by Denny Crane
Management has to have decided that offering an early out is cheaper than furloughing. They also have to have decided that most, if not all, positions vacated at the top of the list will not be replaced. There may be training going on because of an early out but it wont be much.

One of the reasons that pilots are never offered an early out is that someone has to fly the widebody airplanes and whomever does is going to be paid the same thing since we are on a twelve year payscale. So whether they are 60 or 48, the same cost is still there. Now, if the positions just disappear, the company can see the advantage to offering an early out vs a furlough. The advantage to us at the moment is, hopefully, no displacements and in the future, if we ever start expanding again, faster upgrades. Hopefully this will happen but I'm not holding my breath.

Either way, if the company is offering this with no strings attached, I say go for it and see how many will take it!!!! What have we got to loose?

Denny
That's exactly right Denny.

Carl
Reply
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
tennesseeflyboy
Cargo
22
01-17-2009 11:17 PM
POPA
Your Photos and Videos
4
12-02-2008 04:46 PM
snippercr
Flight Schools and Training
6
10-24-2008 09:40 PM
Opus
Mergers and Acquisitions
14
10-01-2008 05:39 PM
Opus
Mergers and Acquisitions
3
09-19-2008 06:04 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