More Planes parked?
06-20-2012 | 07:03 PM
#31
Moderator
Joined: Oct 2006
Posts: 13,088
Likes: 0
From: B757/767
06-20-2012 | 07:07 PM
#32
Gets Weekends Off
Joined: Mar 2008
Posts: 758
Likes: 0
Maybe it is a different handout. This is the one on the alpa page. Of course we would need more pilots if we have growth airplanes. The problem is that we would not need as many because they are including early retirements that were going to retire anyway. Should early retirements be included in the offsets or not? I say no. Most would retire anyway within the duration of this TA.
06-20-2012 | 07:55 PM
#33
Thread Starter
Gets Weekends Off
Joined: Dec 2009
Posts: 2,058
Likes: 2
From: Capt
06-21-2012 | 08:35 AM
#34
Gets Weekends Off
Joined: Jul 2010
Posts: 12,848
Likes: 207
From: window seat
IMO we're in permanent shrinkage mode with possibly a one time slight reprieve if the 717 situation lives up to its high water mark potential (still a big assumption) and then back to shrinking again, "growth" in the form of further consolidation, then leveraging synnergies by shrinking the excess from what we just bought.
If there's another plan, or even another non binding contingency intent, I'd sure like to see it.
06-21-2012 | 09:42 AM
#35
Gets Weekends Off
Joined: Feb 2008
Posts: 20,899
Likes: 219
The union has in several publications included the ER program as a offset to job loss. Simply ignore it. It is not a offset. The actual job loss for the ALV plus 15 and 84 hour ALV is projected at 300 jobs. That 300 is offset to a certain extent by work rule changes in our favor. The net loss is hard to quantify since there are no exact ways to figure out what each change causes. Items in our favor for jobs include adding vacation and training into full calculations for reserves, 5 or 6 additional X days per year, reserves full at reserve guarantee instead of ALV among others.
06-21-2012 | 09:45 AM
#36
Gets Weekends Off
Joined: Feb 2008
Posts: 20,899
Likes: 219
Theoretically yes. But that would still require a radical change in the "capacity dicipline" mentality first. Not just an end to the CD shrinkage, but a reversal while actually adding to capacity. Does anyone really see that happening?
IMO we're in permanent shrinkage mode with possibly a one time slight reprieve if the 717 situation lives up to its high water mark potential (still a big assumption) and then back to shrinking again, "growth" in the form of further consolidation, then leveraging synnergies by shrinking the excess from what we just bought.
If there's another plan, or even another non binding contingency intent, I'd sure like to see it.
IMO we're in permanent shrinkage mode with possibly a one time slight reprieve if the 717 situation lives up to its high water mark potential (still a big assumption) and then back to shrinking again, "growth" in the form of further consolidation, then leveraging synnergies by shrinking the excess from what we just bought.
If there's another plan, or even another non binding contingency intent, I'd sure like to see it.
06-21-2012 | 09:49 AM
#37
Gets Weekends Off
Joined: Jul 2006
Posts: 1,724
Likes: 0
From: Boeing Hearing and Ergonomics Lab Rat, Night Shift
The union has in several publications included the ER program as a offset to job loss. Simply ignore it. It is not a offset. The actual job loss for the ALV plus 15 and 84 hour ALV is projected at 300 jobs. That 300 is offset to a certain extent by work rule changes in our favor. The net loss is hard to quantify since there are no exact ways to figure out what each change causes. Items in our favor for jobs include adding vacation and training into full calculations for reserves, 5 or 6 additional X days per year, reserves full at reserve guarantee instead of ALV among others.
I just have to wonder about the roadshow slide on that.
The printed handout says "a slight increase"
The roadshow PDF on my iPad says "an increase of 72 pilots"
The slide shown at the latest roadshows says "an increase of 175"
It might be difficult to calculate but it seems to me that is precisely the function of the subject matter experts advising the NC during negotiations.
What other areas of the roadshow presentation might be changed after reviewing the numbers?
Cheers
George
06-21-2012 | 11:09 AM
#38
Gets Weekends Off
Joined: Aug 2010
Posts: 2,530
Likes: 0
Its odd that the company would agree to a block hour ratio if they are in a permanent shrinkage mode. Very strange also in that most of management compensation is in stock and single most important factor in stock price is growth. I suspect we will not see any growth as long as the economy is horrible. If it gets better I think you will see a lot of growth.
06-21-2012 | 11:34 AM
#39
Gets Weekends Off
Joined: Aug 2006
Posts: 303
Likes: 0
From: C130
Its odd that the company would agree to a block hour ratio if they are in a permanent shrinkage mode. Very strange also in that most of management compensation is in stock and single most important factor in stock price is growth. I suspect we will not see any growth as long as the economy is horrible. If it gets better I think you will see a lot of growth.
Hopefully we'll all do well and growth is on the horizon.
06-21-2012 | 11:43 AM
#40
veut gagner à la loterie
Joined: Apr 2008
Posts: 23,286
Likes: 0
From: Light Chop
Its odd that the company would agree to a block hour ratio if they are in a permanent shrinkage mode. Very strange also in that most of management compensation is in stock and single most important factor in stock price is growth. I suspect we will not see any growth as long as the economy is horrible. If it gets better I think you will see a lot of growth.
Delta's results "fell short of Wall Street profit estimates as fuel costs grew at a higher rate than revenue, and its shares fell to a new year low."
The response: Delta Air Lines will further reduce capacity this year… the company plans to "retire 140 aircraft by the end of 2012, including the entire DC-9 fleet and Saab turboprop fleet as well as sixty 50-seat regional jets. Half of the aircraft will exit the fleet this year, resulting in an estimated $250 million in maintenance savings."
And then the key part: "We will resize the airline to new flying levels and reduce the size of our fleet, staff, and facilities," CEO Richard Anderson is quoted as saying on a conference call. Anderson says such moves are necessary as the carrier adapts to "a permanent high-fuel-price environment."
"We're very focused on being certain that the flying we do produces positive cash flow -- it's that simple," Anderson is quoted as saying by The Wall Street Journal.
The Journal adds that Anderson made a point to say that Delta is more concerned about profitability than winning market share.
Shrink to profitability. It's the opposite of SWA's grow for profitability but SWA based that growth on cheap tickets. We have no problem selling $1,200 tickets for a 1:15 flight in a CRJ-200 operated by an airline that refuses to be on time.
http://travel.usatoday.com/flights/p...earns/178842/1
http://www.reuters.com/article/2011/...iness+News%29:
Last edited by forgot to bid; 06-21-2012 at 11:55 AM.
Thread
Thread Starter
Forum
Replies
Last Post
