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Old 10-18-2008, 12:32 PM
  #61  
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Originally Posted by alfaromeo View Post
In the June 27, 2008 NW flying plan memo they said they will have 58 in service at the end of 2008.

The problem is not what happens to the 58, but what has happened this year. NW has lost 50 airplanes, 1 out of 7 from January 2008, and still has the same number of pilots. How can you lose 14% of your airplanes and still be staffed properly?

If you assume 5 crews per airplane, a loss of 50 airplanes would amount to 500 less pilots needed for 2009. That is why it is not a stretch to have NW pilots at the bottom of the list. Absent the furlough mitigation letter, they would be furloughed right now or in the next few months. What happens at DCC when the furlough mitigation letter expires? Where do all those surplus pilots go?
We don't have surplus pilots right now. We are short in nearly all categories. For all practical purposes the furlough mitigation letter is already expired. None of its provisions are being used. No PERPS were allowed again for this month, and very few PML's, etc.

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Old 10-18-2008, 01:01 PM
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Originally Posted by alfaromeo View Post
In the June 27, 2008 NW flying plan memo they said they will have 58 in service at the end of 2008.

The problem is not what happens to the 58, but what has happened this year. NW has lost 50 airplanes, 1 out of 7 from January 2008, and still has the same number of pilots. How can you lose 14% of your airplanes and still be staffed properly?

If you assume 5 crews per airplane, a loss of 50 airplanes would amount to 500 less pilots needed for 2009. That is why it is not a stretch to have NW pilots at the bottom of the list. Absent the furlough mitigation letter, they would be furloughed right now or in the next few months. What happens at DCC when the furlough mitigation letter expires? Where do all those surplus pilots go?

See, that's were you're wrong. NW pilots continue to retire every month, therefore we do not have the same amount of pilots as we did on June 27, 2008.

I'm not even going to begin to argue with you on that one. At least the arbitrators understand.
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Old 10-18-2008, 03:20 PM
  #63  
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Nwa has always been run thin and were short last year also. The retirements have outnumbered the small amount of hiring that took place. We also have alot of people on all sorts of leaves. We are short enough where the company won't award all of the PERPs that were applied for. Last flying report shows 4902 active pilots and late last year the list had over 5300 pilots I believe. Bottom line is we aren't fully staffed and I don't know if Nwa has ever been fully staffed.

Last edited by Superpilot92; 10-19-2008 at 08:57 AM.
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Old 10-19-2008, 08:55 AM
  #64  
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NWA shrunk itself into profitability and Delta expanded itself into a money loser. Their expansion/shrinking argument for placing 500 of our pilots on the bottom is ridiculous.
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Old 10-19-2008, 09:13 AM
  #65  
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Originally Posted by capncrunch View Post
NWA shrunk itself into profitability and Delta expanded itself into a money loser. Their expansion/shrinking argument for placing 500 of our pilots on the bottom is ridiculous.
NWA also "shrunk" itself into a more valuable company than DAL even though NWA is 2/3 the size of DAL. Thursday's and Friday's closing price for the 2 companies both showed NWA with a higher market cap.

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Old 10-19-2008, 09:23 AM
  #66  
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Originally Posted by Carl Spackler View Post
NWA also "shrunk" itself into a more valuable company than DAL even though NWA is 2/3 the size of DAL. Thursday's and Friday's closing price for the 2 companies both showed NWA with a higher market cap.

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Carl, you keep ignoring the fact that NWA shares are trading as 1.25 new, joint DAL/NWA shares, and have nothing to do with internal NWA value.

I can't figure out how to attach a .jpg, but take a look at a chart of the ratio of the NWA stock price to the DAL stock price since both came out of bankruptcy. You can do that here: NWA/DAL chart Notice the trend while they were separate companies, and what happened right around January, when rumors of the impending merger started to leak out. Note its heading right to the 1.25 conversion ratio. Pretty much says it all.

Last edited by Pineapple Guy; 10-19-2008 at 09:30 AM.
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Old 10-19-2008, 11:10 AM
  #67  
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Originally Posted by Pineapple Guy View Post
Carl, you keep ignoring the fact that NWA shares are trading as 1.25 new, joint DAL/NWA shares, and have nothing to do with internal NWA value.

I can't figure out how to attach a .jpg, but take a look at a chart of the ratio of the NWA stock price to the DAL stock price since both came out of bankruptcy. You can do that here: NWA/DAL chart Notice the trend while they were separate companies, and what happened right around January, when rumors of the impending merger started to leak out. Note its heading right to the 1.25 conversion ratio. Pretty much says it all.


Either way the facts are that NWA is 2/3's the size of DAL yet makes more money. The big picture here is that WE all should have a great profitable company to work for once this is over. NWA is a strong airline that will do nothing but help DAL become stronger. Cheers to that
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Old 10-19-2008, 11:36 AM
  #68  
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Not that I want to steer this thread from it's present trajectory, but I hope that when the NWA seniority proposal is leaked, it gets sanitized of the names and birth dates.

I'm sure the Delta guys are going to be as happy with the NWA proposal as the NWA guys were with ours.
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Old 10-19-2008, 11:52 AM
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Originally Posted by CVG767A View Post
Not that I want to steer this thread from it's present trajectory, but I hope that when the NWA seniority proposal is leaked, it gets sanitized of the names and birth dates.

I'm sure the Delta guys are going to be as happy with the NWA proposal as the NWA guys were with ours.
I have no doubt that you will be right. Both will be considered extremes and if a negotiated list can, or is, figured out both sides will be like "this is better than what the other side proposed isn't it?" Thus making the negotiated or arbitrated list look more tolerable.
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Old 10-19-2008, 02:12 PM
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Originally Posted by Pineapple Guy View Post
Carl, you keep ignoring the fact that NWA shares are trading as 1.25 new, joint DAL/NWA shares, and have nothing to do with internal NWA value.
The math is easy to do here Pineapple. When you do it, you will find that NWA and DAL had very similar market caps BEFORE the merger was announced. On some days, NWA's market cap exceeded that of DAL's BEFORE the merger announcement. And these comparable market caps exist despite NWA being 2/3 the size of DAL, and NWA having an under funded pension liability on the balance sheet that DAL is not burdened with. This was also the case BEFORE the merger was announced.

So tell me Pineapple, does THAT have anything to do with NWA's internal value? Or did every stock investor know the merger was going to happen before it did?

Note the emphasis on the word BEFORE...

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