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Old 06-04-2012 | 06:17 AM
  #331  
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Originally Posted by slowplay
About $260 million, not including that portion paid in 2012.
Thank you for the honest answer. Does this include a credit for the DCI refleeting or is that backed out?
Old 06-04-2012 | 06:21 AM
  #332  
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Originally Posted by acl65pilot
Thank you for the honest answer. Does this include a credit for the DCI refleeting or is that backed out?
Nope. Straight cash.
Old 06-04-2012 | 06:22 AM
  #333  
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Originally Posted by slowplay
Nope. Straight cash.
Did we get any credit for the changes we made to DCI scope?
Old 06-04-2012 | 06:24 AM
  #334  
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Not that I expect an answer but; How far below the direction is year one?(two, three.)

Significant or less than 100 million?
Old 06-04-2012 | 06:25 AM
  #335  
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Originally Posted by slowplay
If that's how they did it, why are they (FDX, UPS, SWA) still below our C2K 2004 rates (by a long shot) even though they never went bankrupt and have been profitable companies that entire time?
Originally Posted by slowplay
Pretty simple answer...economics and leverage....
When I made the jab that maybe SWA/FDX/UPS make more than us because they have better scope clauses you said why didn't their scope clauses give them our C2K rates? So C2K rates became a benchmark of success.

However, we don't have C2K rates either and we have a liberal scope policy. We can't throw stones at them for not having C2K rates and I just wanted to point that out.

So to me a C2K rate comparison is extraneous to this point- they have better scope now, they make more money now.
Old 06-04-2012 | 06:29 AM
  #336  
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Originally Posted by acl65pilot
Did we get any credit for the changes we made to DCI scope?
You've read the TA.

We're taking credit for reducing DCI by 150 aircraft.

We're taking credit for having a requirement for JV and profit/loss sharing production balances.

We're taking credit for a block hour ratio that protects Delta pilot flying.

We're taking credit for shifting more flying to mainline.

There was no trade of scope for pay.
Old 06-04-2012 | 06:31 AM
  #337  
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Originally Posted by forgot to bid
When I made the jab that maybe SWA/FDX/UPS make more than us because they have better scope clauses you said why didn't their scope clauses give them our C2K rates? So C2K rates became a benchmark of success.

However, we don't have C2K rates either and we have a liberal scope policy. We can't throw stones at them for not having C2K rates and I just wanted to point that out.

So to me a C2K rate comparison is extraneous to this point- they have better scope now, they make more money now.
I can see now why Auburn has a reputation as an athletic school...
Old 06-04-2012 | 06:32 AM
  #338  
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From: Light Chop
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Originally Posted by slowplay
For the 5 years leading up to C2K Delta had a pre-tax income of $7.4 Billion dollars. Our margin peaked in 1998 at 12%, and averaged well north of 10% for that time. For the 5 years leading up to C2012 Delta had a pre-tax income of $1.1 billion. Our pre-tax margin averaged 3.7% for that time. Oh, and those numbers for C2K are for a Delta standalone operation. Adding in NWA takes the total profit to well over $10 billion.
What was the Delta Connection fleet on property back when he had PTI of $7.4B/$10B?

Not saying that'd change the PTI, just more of a curiosity of what pilots were having to compete with internally.
Old 06-04-2012 | 06:35 AM
  #339  
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Slow asked you this:

Originally Posted by slowplay
If that's how they did it, why are they (FDX, UPS, SWA) still below our C2K 2004 rates (by a long shot) even though they never went bankrupt and have been profitable companies that entire time?
And you answered this:

Originally Posted by forgot to bid
Why are we below our C2K rates?
You totally ignored the question. Weak and transparent deflection at best.
Old 06-04-2012 | 06:36 AM
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Originally Posted by forgot to bid
What was the Delta Connection fleet on property back when he had PTI of $7.4B/$10B?

Not saying that'd change the PTI, just more of a curiosity of what pilots were having to compete with internally.
I'd have to go research the numbers (and i won't, because as you point out it's not material), but during that C2K time frame Delta had the largest fleet of RJ's and the largest percentage of DCI/regional flying of the majors.
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