Cash Reserves
08-24-2008, 08:53 PM
#21
Gets Weekends Off
Joined APC: Mar 2007
Position: 88B - Loud Pipes Save Lives
Posts: 1,597
Originally Posted by Nosmo King
Regarding the LOA to move the base without a rebid. ALPA was credited $$$ towards the total amount of concessions in return for allowing this move. The NWA MEC chairman (accompanied by Duane Woerth) gave up double CA augmentation CONTRARY to the explicit instructions of the MEC. It was given up at about 1am in the morning on the day the company threatened to file Chapter 11. We then got to vote on the concesions package at about 3-4am. We later had to buy back the double CA augmentation by extending the reduced payrates for a longer period of time.
08-25-2008, 06:37 AM
#23
Super Moderator
Joined APC: Dec 2007
Position: DAL 330
Posts: 6,868
Originally Posted by Carl Spackler
With regard to No Bump - No Flush, a lot is going to depend on if there is a drop dead date for No Bump - No Flush. I would think there would have to be at least a few years of protection at a minimum.
Carl
Carl
You are correct - "No bump - no flush" is currently just a concept, nothing more. I have seen numerous references to it as if it was already written in our contracts. Until the SLI and related details are finalized it is nothing more than a noble goal.
Regarding the thread title, Cash Reserves, it appears DAL just spent a little more of that cash by increasing the 777LR order by two more - now thats the way to spend your cash.
Scoop
08-25-2008, 08:01 AM
#24
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Originally Posted by Scoop
Carl,
You are correct - "No bump - no flush" is currently just a concept, nothing more. I have seen numerous references to it as if it was already written in our contracts. Until the SLI and related details are finalized it is nothing more than a noble goal.
Regarding the thread title, Cash Reserves, it appears DAL just spent a little more of that cash by increasing the 777LR order by two more - now thats the way to spend your cash.
Scoop
You are correct - "No bump - no flush" is currently just a concept, nothing more. I have seen numerous references to it as if it was already written in our contracts. Until the SLI and related details are finalized it is nothing more than a noble goal.
Regarding the thread title, Cash Reserves, it appears DAL just spent a little more of that cash by increasing the 777LR order by two more - now thats the way to spend your cash.
Scoop
Carl
08-25-2008, 10:54 AM
#25
Gets Weekends Off
Joined APC: Jul 2008
Position: 757 Left
Posts: 1,306
Originally Posted by Carl Spackler
A couple more 747-400's would be even nobler.
Carl
Carl
Last edited by Hawaii50; 08-25-2008 at 11:03 AM.
08-25-2008, 11:04 AM
#26
Gets Weekends Off
Joined APC: Jul 2008
Position: 757 Left
Posts: 1,306
Originally Posted by Scoop
Carl,
You are correct - "No bump - no flush" is currently just a concept, nothing more. I have seen numerous references to it as if it was already written in our contracts. Until the SLI and related details are finalized it is nothing more than a noble goal.
Regarding the thread title, Cash Reserves, it appears DAL just spent a little more of that cash by increasing the 777LR order by two more - now thats the way to spend your cash.
Scoop
You are correct - "No bump - no flush" is currently just a concept, nothing more. I have seen numerous references to it as if it was already written in our contracts. Until the SLI and related details are finalized it is nothing more than a noble goal.
Regarding the thread title, Cash Reserves, it appears DAL just spent a little more of that cash by increasing the 777LR order by two more - now thats the way to spend your cash.
Scoop
08-26-2008, 01:17 PM
#27
New Hire
Joined APC: Aug 2008
Position: 73CA
Posts: 4
DAL current assets $7.167 BIL cash flow for year $600 MIL. NWA current assets $5.24 BIL cash flow for year $ 276 MIL. Its from YAHOO finance and its just the facts, is not about who going to rescue who. Also a Birde told me that not much will change in flying till there is one operating certificate probably about a year from now.
08-26-2008, 01:55 PM
#28
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
That is probably the way that it will end up, but there will be aircraft movement. If there is a way to make a financial argument to move crew they will do it. It is all about the cash savings. I know it is being discussed, but 35K per pilot is a lot of dough. It equates to a training event or so.
08-27-2008, 03:41 AM
#29
Gets Weekends Off
Joined APC: Sep 2006
Posts: 139
Originally Posted by acl65pilot
That is probably the way that it will end up, but there will be aircraft movement. If there is a way to make a financial argument to move crew they will do it. It is all about the cash savings. I know it is being discussed, but 35K per pilot is a lot of dough. It equates to a training event or so.
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