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Originally Posted by DAL73n
(Post 1203570)
I posted this before the TA was announced was how would Wall Street view this contract. Well, so far the vote is Stock Market (DJIA) in the two weeks since the TA was announced - DOWN 3.0%. DAL stock - UP 7.2%. Food for thought.
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Originally Posted by sailingfun
(Post 1203576)
Compared to most we are up less! Is that because of the contract?
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Originally Posted by DAL73n
(Post 1203570)
I posted this before the TA was announced was how would Wall Street view this contract. Well, so far the vote is Stock Market (DJIA) in the two weeks since the TA was announced - DOWN 3.0%. DAL stock - UP 7.2%. Food for thought.
On 5/14/2012 DAL stock closed at $11.43 per share. The XAL airline index closed at $38.21. On 6/1 DAL stock closed at $11.51 per share, a gain of 8 cents or +0.7% over the 5/14 close. The XAL index closed at $37.35, a loss of $0.86 or -2.3%. With a few exceptions Delta has been trading above XAL since the end of March. |
Originally Posted by More Bacon
(Post 1203567)
WRT your numbers--have you factored in the near certainly of skyrocketing inflation?
Because you can rest assured RA has factored it into his numbers. |
Originally Posted by Delta1067
(Post 1203609)
My cars and toys are paid for and I don't have kids and I own 3 homes that I bought dirt cheap and I'm young so I don't really pay attention to, or understand the negative effects of inflation. My $$$ in my wallet still buys the same stuff it did 10 years ago. Perhaps you could educate me how rising inflation will impact my situation.
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Originally Posted by nwaf16dude
(Post 1203617)
I guess you haven't bought a lot of gas in the past ten years...:confused:
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Originally Posted by Bill Lumberg
(Post 1202355)
So, you want 65 hour lines every month except July and August, forever? I don't. Many guys also wanted 75 hours of pay on reserve, but can't believe it if that means they might actually fly 75 hours! We all want total restoration, except some want all of it now, when every other legacy hasn't helped at all. But, we can do it for them! (again). It's time to be realistic and go for realistic gains that do add up with shorter contracts.
When I flew the 88/90, I would bid 3 high time 4 day trips. 12 productive days work at work and I would easily make guarantee. But now, as a reserve pilot, I could end up flying the same amount of hours while also sitting 6 short calls on the remaining days !!! So it just isn't "gosh, I have to fly 75 hours this month?"
Originally Posted by DAL73n
(Post 1203570)
I posted this before the TA was announced was how would Wall Street view this contract. Well, so far the vote is Stock Market (DJIA) in the two weeks since the TA was announced - DOWN 3.0%. DAL stock - UP 7.2%. Food for thought.
Originally Posted by Delta1067
(Post 1203609)
My cars and toys are paid for and I don't have kids and I own 3 homes that I bought dirt cheap and I'm young so I don't really pay attention to, or understand the negative effects of inflation. My $$$ in my wallet still buys the same stuff it did 10 years ago. Perhaps you could educate me how rising inflation will impact my situation.
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Originally Posted by KC10 FATboy
(Post 1203631)
You're missing the point. Reserves only get up to a maximum of 13 days off a month.
When I flew the 88/90, I would bid 3 high time 4 day trips. 12 productive days work at work and I would easily make guarantee. But now, as a reserve pilot, I could end up flying the same amount of hours while also sitting 6 short calls on the remaining days !!! So it just isn't "gosh, I have to fly 75 hours this month?" Simple, oil is down. And we are cutting capacity which means we should be profitable. Perhaps the most ignorant comment I've ever seen posted on here. |
Originally Posted by Delta1067
(Post 1203621)
If gas makes or breaks your monthly budget then there are other options for you. If you need a 40% raise to make up for "gas" then god help ya. :cool:
You stated that your money buys the same thing it did ten years ago, and I gave one example of why I think you are wrong. Nothing personal. |
Originally Posted by nwaf16dude
(Post 1203640)
I didn't say anything about my budget, or my level of financial need. I'm doing fine, thank you. My retirement check and other govt bennies put my income above most of the captains I fly with.
You stated that your money buys the same thing it did ten years ago, and I gave one example of why I think you are wrong. Nothing personal. Nothing personal taken. I just don't buy the "inflation" crap. Everyone talks inflation but no one ever expands or explains it. I mean I kind of get it but it's all about living within ones means. My friends who gripe most about gas drive gas guzzlers and go through 5 tanks a month. I'm sorry if I don't have much sympathy for them. Everyone mentions "gas" prices but other than that I don't hear much on the topic of inflation. At current book Delta pilots earn way more than 90% of Americans. What we are dealing with is an entitlement issue, not an "inflation" issue. |
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