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Originally Posted by Viperstick
(Post 3577988)
What does one need to do to allocate some or all of their PS to their 401K? Been on Schwab; been all over FT. Can’t find it.
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Originally Posted by Viperstick
(Post 3577988)
What does one need to do to allocate some or all of their PS to their 401K? Been on Schwab; been all over FT. Can’t find it.
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Originally Posted by awax
(Post 3575138)
What does that mean? Seriously
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[QUOTE=Sixty N Two;3578060]I believe it means after someone explained the math to him and he realized our formula for PS is less lucrative than Delta’s but won’t acknowledge that so throws out a generic statement about how we can’t change everything to match Delta’s language, which of course we aren’t saying here, just saying that Delta’s PS is better because it is based of hard dollars vs ours being based of a percent of profit margin which the company can finagle with costs[/QUOTE]
I don’t think this part is right. They have to use the same percentages as what they publish publicly in the SEC filings. I don’t think they want to intentionally reduce the profit margins they present to shareholders just to avoid paying pilots a few extra shekels. That said, Delta’s formula is better the larger the companies get and since both companies want to grow, Delta’s advantage on this item will only grow. |
Originally Posted by Sixty N Two
(Post 3578060)
I believe it means after someone explained the math to him and he realized our formula for PS is less lucrative than Delta’s but won’t acknowledge that so throws out a generic statement about how we can’t change everything to match Delta’s language, which of course we aren’t saying here, just saying that Delta’s PS is better because it is based of hard dollars vs ours being based of a percent of profit margin which the company can finagle with costs
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Originally Posted by Sixty N Two
(Post 3578060)
I believe it means after someone explained the math to him and he realized our formula for PS is less lucrative than Delta’s but won’t acknowledge that so throws out a generic statement about how we can’t change everything to match Delta’s language, which of course we aren’t saying here, just saying that Delta’s PS is better because it is based of hard dollars vs ours being based of a percent of profit margin which the company can finagle with costs
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[QUOTE=Sunvox;3576513
An airline has last minute problems that arise and all of us would agree we want our company to do well so we need to solve the problem of how to staff last minute changes. At United the company's only tool available today is SC or FSB. At AA or DAL or at the regionals they use reassignments. Can the system stand to be improved? Yes. Is it the worst element in our current contract? To me? No. Reassignments are to me far worse. [/QUOTE] At Delta at least those are mainly covered by green slips. |
Originally Posted by Hawaii50
(Post 3578665)
At Delta at least those are mainly covered by green slips.
Our “absence monitoring” program would probably ramp up. Yeah, I know- if you’re sick, you’re sick; but it’s pretty eye opening when you put all of the prices together of how all parts of each contract intertwine and you can’t just take what you like from each company and mash it together. I’m not saying it can’t be done but there are a lot of intricacies that make each contract work differently. At the end of the day though, manning with drive premium. |
Originally Posted by Hawaii50
(Post 3578665)
At Delta at least those are mainly covered by green slips.
A majority of the < 2hrs to report trips are covered by reroutes, and under our current PWA, it’s very possible there is no additional pay. The TA has better language which results in either 150% or 200% depending on how long you are rerouted. |
[QUOTE=But seriously;3578159]
Originally Posted by Sixty N Two
(Post 3578060)
I believe it means after someone explained the math to him and he realized our formula for PS is less lucrative than Delta’s but won’t acknowledge that so throws out a generic statement about how we can’t change everything to match Delta’s language, which of course we aren’t saying here, just saying that Delta’s PS is better because it is based of hard dollars vs ours being based of a percent of profit margin which the company can finagle with costs[/QUOTE]
I don’t think this part is right. They have to use the same percentages as what they publish publicly in the SEC filings. I don’t think they want to intentionally reduce the profit margins they present to shareholders just to avoid paying pilots a few extra shekels. That said, Delta’s formula is better the larger the companies get and since both companies want to grow, Delta’s advantage on this item will only grow. https://i.postimg.cc/yxYn3Syc/delta-10q.jpg https://i.postimg.cc/L5CDt6x7/UAL-10q.jpg |
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