Delta Air Lines 2Q15 Earnings Call

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Bender,
We're big boys, we understand the risk. Stand in the middle of the road and you get run over. Most of the pilots decided the concessions and under monitizing a negotiated benefit (profit sharing) just didn't cut it. Management knows it, everyone knows it.
The conference call, had the TA passed, would have been something like last contract when Bastian stated the cut in profit sharing paid for the contract. Remember? I do.
Lots of guys and gals here been through hell of a lot worse than this. In fact, the profit sharing check will take the sting out of not getting the 8% up front.
Let him park us.
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Quote:
Quote: Funny. I just got the biggest check I've ever had at Delta. And by a wide margin. I'm in no hurry.
And my Aug OE trip wasn't pulled. And I have a line instead of sitting reserves sitting in the bottom 25%.
A little cheese with that whine...?
Umm... What did you think my post meant? Because I don't think it meant what you thought it meant.
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Quote: Umm... What did you think my post meant? Because I don't think it meant what you thought it meant.
LOL, the bros are so on edge we'll look for any excuse to bow up on each other lately.

You killed my father, prepare to die!
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Quote: LOL, the bros are so on edge we'll look for any excuse to bow up on each other lately.

You killed my father, prepare to die!
Aren't you the P2P guy collecting FPL while posting on FB who claimed to be neutral, but obviously wasn't?

Well, I guess that narrows it down to about 20 of you.
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Quote: Umm... What did you think my post meant? Because I don't think it meant what you thought it meant.
Sorry...not criticism. Was mentioning additional points why no deal is better than this TA.
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Quote: Aren't you the P2P guy collecting FPL while posting on FB who claimed to be neutral, but obviously wasn't?

Well, I guess that narrows it down to about 20 of you.
??

I don't follow. Is that just your standard way of introducing yourself now?
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Quote: It doesn't address them because it is not causative. In other words, what I am talking about has nothing to do with the other shortfalls of the TA. I am strictly talking about the potential loss of those monies when the economy turns south. It's math and completely unemotional. If you insist in connecting them, that's fine, but you need to realize that we are now behind in inflation by 15 days from where we would have been, and will require even more to break even with what was on the table. That task becomes more difficult as time goes by. Again, just math.
The problem is you cannot strictly talk about the loss of monies without talking about the whole deal. We do not have a "line item veto."

Denny
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Quote: ... but you need to realize that we are now behind in inflation by 15 days from where we would have been, and will require even more to break even with what was on the table. That task becomes more difficult as time goes by. Again, just math.
I get what you are saying, but we are not "behind". We are still over five months from the amendable date. You can't count your chickens before they hatch. Those eggs never hatched.

Realize we are in the middle of RLA negotiations. Its not a deal until its a deal. Just common sense.

Also realize that when you give up benefits, and especially work rules, it will require even more to ever get them back. That task becomes more difficult as time goes by. Again, just common sense.
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Quote: I really don't care if the company orders the E190's or not. It is not our job to do so. It is the Company's. We needed to stop tying aircraft buys to Contract approval...
Exactly.

If you haven't figured it out yet, Marketing and Network drive this company. We didn't start hiring until M&N said so, even though flt ops and everyone else knew we should have started earlier. Now we are behind.

Likewise, when M&N say we need more jets, we'll get more jets. So let them do their job and we'll do ours.
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Quote: I get what you are saying, but we are not "behind". We are still over five months from the amendable date. You can't count your chickens before they hatch. Those eggs never hatched.

Realize we are in the middle of RLA negotiations. Its not a deal until its a deal. Just common sense.

Also realize that when you give up benefits, and especially work rules, it will require even more to ever get them back. That task becomes more difficult as time goes by. Again, just common sense.
So that 8% was a throw away in your mind or are you expecting it at the amendable date in addition to whatever we will be getting? Or is it now mandatory? If we get 6% or even 10% on Jan 1, is that sufficient?
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