20 October SLI transcript
10-24-2008, 10:35 AM
#71
Gets Weekends Off
Joined APC: Mar 2008
Posts: 3,838
Originally Posted by Cogf16
Equals??? Delta has 2000+ more pilots and almost DOUBLE the intl block hours. Hardly equals!
Delta guy
Delta guy
But in seemingly unrelated news...I understand that the SLI has come down to a single number, and that a "one size fits all" solution isn't the plan.
Nu
10-24-2008, 11:12 AM
#72
Gets Weekends Off
Joined APC: Apr 2008
Posts: 1,462
Originally Posted by Pineapple Guy
A negotiated settlement is the BEST solution. We are much more likely to have a harmonious and unified pilot group if both sets of negotiators can come back to their group declaring a negotiated settlement as the best fair and reasonable for all parties.
Originally Posted by Pineapple Guy
It is far too complicated NOT to be done by those most familiar with the situation. Which group is more likely to be able to craft an agreement that is the fairest possible for YOU? Three independent arbitrators after 12 days of testimony, or 6 pilots (yours and ours) with literally hundreds of years of airline pilot experience negotiating to get the best compromise position for all?
Originally Posted by Pineapple Guy
If you leave that up to an arbitrator, many more on BOTH sides will be able to say they were screwed, and you have a split group. Have you learned nothing in the last 20+ years at NWA? How's that Robert's award working as far as building a unified pilot group?
Originally Posted by Pineapple Guy
I have much more confidence that six pilots can work this out to an overall acceptable agreement through mutual compromise, than three outsiders. But those six need to be willing to do the hard work to reach compromise, not abdicate to outsiders.
Pineapple Guy is not a pseudonym for Richard Bloch. But apparently he reads these forums.....
PG
10-24-2008, 02:02 PM
#75
Line Holder
Joined APC: Oct 2008
Position: 7ER
Posts: 91
Originally Posted by Carl Spackler
NWA is more profitable, has more cash, and has a higher market cap.
You're right Cog...hardly equals.
Carl
You're right Cog...hardly equals.
Carl
Maybe you can make one of those awsome kool aid comebacks.
DAL: Revenue for latest 12 months: $20.2 billion
Debt: $10.9 billionUnrestricted cash and short-term investments: $3.2 billionNWA: Revenue for latest 12 months: $13.2 billionDebt: $9.9 billionUnrestricted cash and short-term investments: $3.2 billion
Debt: $10.9 billionUnrestricted cash and short-term investments: $3.2 billionNWA: Revenue for latest 12 months: $13.2 billionDebt: $9.9 billionUnrestricted cash and short-term investments: $3.2 billion
10-24-2008, 02:07 PM
#76
Gets Weekends Off
Joined APC: Mar 2008
Position: A330 capt
Posts: 236
Originally Posted by NuGuy
Check the transcript. Important people think so.
Nu
Nu
10-24-2008, 02:09 PM
#77
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Originally Posted by Carl Spackler
NWA is more profitable, has more cash, and has a higher market cap.
You're right Cog...hardly equals.
Carl
You're right Cog...hardly equals.
Carl
10-24-2008, 02:11 PM
#78
No longer cares
Joined APC: Mar 2008
Position: 767er Captain
Posts: 12,109
Originally Posted by Carl Spackler
Yes Tom, that is the bottom line which you have said all along.
I have heard an interesting rumor though. Given your thesis above, the rumor is that there already is a negotiated list. A combination of the two proposals. However, unless both sides got to see how extreme the list could have been, there would be no hope of seeing the negotiated list as positive by anyone. The theory is that both MEC's could live with the following conversation by their members: "Yes this negotiated list sucks, but it's a hell of a lot better than that DAL/NWA proposal would have been!"
Carl
I have heard an interesting rumor though. Given your thesis above, the rumor is that there already is a negotiated list. A combination of the two proposals. However, unless both sides got to see how extreme the list could have been, there would be no hope of seeing the negotiated list as positive by anyone. The theory is that both MEC's could live with the following conversation by their members: "Yes this negotiated list sucks, but it's a hell of a lot better than that DAL/NWA proposal would have been!"
Carl
10-24-2008, 02:30 PM
#79
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Originally Posted by B7ER Guy
Don't let facts slap you in the face Carl! Of course I'm just s stupid old 767 (not really a wide body) pilot, not a super duper premium double cool totally awsome 747 pilot like you.
Maybe you can make one of those awsome kool aid comebacks.
Maybe you can make one of those awsome kool aid comebacks.
DAL: Revenue for latest 12 months: $20.2 billion
Debt: $10.9 billionUnrestricted cash and short-term investments: $3.2 billionNWA: Revenue for latest 12 months: $13.2 billionDebt: $9.9 billionUnrestricted cash and short-term investments: $3.2 billion
Here's a couple more facts for you:
DAL market cap = 2.544 Billion
NWA market cap = 2.563 Billion
Not too bad especially since we are 2/3 the size of Delta
DAL 3rd Quarter Profit/(Loss) = (26 Million)
NWA 3rd Quarter Profit/(Loss) = 93 Million
The truth is that these numbers have drifted back and forth over the last few years, and we really ARE a merger of equals.
Carl
10-24-2008, 02:35 PM
#80
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Originally Posted by tsquare
blah blah blah... Come on Carl, I thought you were better than that.
When it comes to correcting the record, No...I'm not better than that.
Carl
Thread
Thread Starter
Forum
Replies
Last Post
