Big Picture Tumi 3
02-23-2023 | 12:33 PM
#1
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Big Picture Tumi 3
Delta expects 2023 earnings to nearly double thanks to ‘robust’ travel demand
PUBLISHED WED, DEC 14 20226:49 AM EST
The ink was barely dry on our TA at Delta when our CEO announced earnings to double this year and free cash flow to double in 2024.
So did we get enough?
Did our “expensive” deal harm Delta?
United is putting up incredible numbers.
You will never have an opportunity like this again.
Aim high. Take a moment to personally contact your reps.
Negotiations are simple. The more unified and engaged the pilot group, the more power your team will have at the table.
02-23-2023 | 01:57 PM
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02-23-2023 | 02:17 PM
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Would take some creative language but it could be done. Since DAL only snaps up once per carrier we would need to exceed their pay, then have an additional clause that states if & when DAL matches our rates we get an additional x%. Technically, it’s the only way to be “industry leading”- at least on pay- since if DAL matches us we’re technically “industry tying”.
02-23-2023 | 02:20 PM
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Would take some creative language but it could be done. Since DAL only snaps up once per carrier we would need to exceed their pay, then have an additional clause that states if & when DAL matches our rates we get an additional x%. Technically, it’s the only way to be “industry leading”- at least on pay- since if DAL matches us we’re technically “industry tying”.
02-23-2023 | 02:37 PM
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How does the Delta snap-up work in the following years? Just as an example, what if UA signed a new contract that was 15-10-10? Obviously, DAL wouldn’t snap in the first year, but do they recalculate for every ensuing year?
02-23-2023 | 02:47 PM
#8
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From: Looking left
Source: I'm a DL guy and I asked this very question to our contract admin folks.
02-23-2023 | 05:24 PM
#10
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My point was not for us to get a snap up.
My points are twofold.
1) Our CEO has so little respect for us he couldn’t wait until after our vote to say that Delta’s profits would double this year. Right after constantly complaining we were asking for too much.
2) The United pilots can achieve $500 million more than the Delta pilots did and it won’t even make a dent in United massive profits.
Ensuring you attain the Delta pilots profits sharing is a must. It lessens the pain when we all realize we settled for far too little.
My points are twofold.
1) Our CEO has so little respect for us he couldn’t wait until after our vote to say that Delta’s profits would double this year. Right after constantly complaining we were asking for too much.
2) The United pilots can achieve $500 million more than the Delta pilots did and it won’t even make a dent in United massive profits.
Ensuring you attain the Delta pilots profits sharing is a must. It lessens the pain when we all realize we settled for far too little.
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