TeddyKGB

Just quoting what Richard Anderson told Wall Street regarding the PWA after it was signed. Try raising your aim a little when you fill out your contract survey.

tsquare

Yeah... keep taking it out of context to suit your propaganda message. Nobody who knows what it meant pays it any heed, but I guess it works on you.

tsquare

Well... we wanted bigger pays more.... of course those 330s won't be here for 10 years, so we have THAT going for us.

And I couldn't care less what's premium... super premium... I am all about QOL at this point. The 757/767 offers me the best QOL with the best trip mix that I can hold. YMMV.

And yes, I do thank American for doing that.

TeddyKGB

Anderson told Wall Street that the PWA was cost neutral. He even elaborated on it saying how the reduction in profit sharing will pay for the pay raises. I guess there is some part of cost neutral that you don't understand.

sailingfun

How could a reduction in the profit sharing that maxes out at 2% of annual salary pay for the raises? Anderson is a smart man and I don't think he would make such a stupid statement.
What he did say when asked if Delta could afford the raise was that he expected the increased revenue from the new fleet plan would offset the cost of the contract.

80ktsClamp

First of all, the statement was widely published.

Second- Show your math for the 2%, Captain Data.

tsquare

lulz................

sailingfun

I am a bit surprised that your asking since this was well covered in the contract summaries and is not difficult math.
The old profit sharing was 15% of the first 2.5 billion or 375 million dollars. The new program reduced that by ⅓ or 250,000 million dollars. The difference is 125 million. The pool last year was 506 million and paid about 8.1%. Without the change the pool would have been 6325000.00. Each 100 million in profit sharing was worth about 1.6 percent of income in the profit sharing check. That number will be slightly smaller this year because of a larger number of employees. The money pool however should exceed 900 million this year. Going to be a nice check.

Alan Shore

No. He said that the efficiencies gained in the new contract (about 125 pilots, as I recall), plus the DCI flexibility that let him park the 50-seaters more quickly, would help make the new contract affordable. Neither he, Bastian, nor Campbell EVER uttered the words "cost neutral."

Right back at'cha!!

sailingfun

[QUOTE=Alan Shore;1731152]No. He said that the efficiencies gained in the new contract (about 125 pilots, as I recall), plus the DCI flexibility that let him park the 50-seaters more quickly, would help make the new contract affordable. Neither he, Bastian, nor Campbell EVER uttered the words "cost neutral."

Here is what Campbell said.

"Delta, our pilots and ALPA continue to benefit from a very constructive, proactive relationship, one that is unprecedented in our industry," said Mike Campbell, executive vice president – Human Resources and Labor Relations. "This tentative agreement represents an investment in our pilots and our company as it gives Delta significant fleet flexibility, the ability to continue running a reliable operation for our customers, and a profitable enterprise for shareholders and for all Delta people. The fleet changes provided by this agreement, coupled with the productivity and profit sharing changes, cover the investments in our employees.

"We strongly support the Delta MEC's endorsement and are optimistic that Delta pilots will ratify the tentative agreement," Campbell said.