Any "Latest & Greatest about Delta?" Part 2
09-19-2022, 09:27 AM
#1241
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,681
I’ll say 6%
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019
09-19-2022, 09:34 AM
#1242
Gets Weekends Off
Joined APC: Apr 2009
Position: Middle Seat
Posts: 1,233
You’re right, but after reviewing forward guidance and the lower pressures from jet fuel, it’s looks like Q3 and Q4 will come in on the higher end of guidance.
I don’t think $4 billion will be reached but it will be a high 3-something. So I’m thinking 2/3 the profit and ~1/2 the PS payout. That’s a pretty good recovery all things considered.
Again everything is a WAG as we only have half the year’s numbers so far.
09-19-2022, 09:39 AM
#1243
Gets Weekends Off
Joined APC: Oct 2014
Posts: 907
I’ll say 6%
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019
reason being is we retired a significant number of employees during Covid (16k IIRC), most of whom were at the top of the pay scale. Since then we have either not replaced them or have replaced them with employees on year 1 pay. It would not surprise me at all if delta’s 2022 non pilot payroll costs are lower by a decent margin compared to 2019
09-19-2022, 09:54 AM
#1244
Gets Weekends Off
Joined APC: Sep 2015
Position: UNA
Posts: 4,681
There's no easy way to determine the PS wage base from SEC filings, but you can get an idea of the trend. For the first 6 months of 2019 Salaries and Related Costs were 5.6 billion, and for 2022 it was 5.8 billion. There is a lot of stuff included in that number that wont be in the PS wage base, but it doesn't suggest that wages will be down significantly.
09-19-2022, 10:52 AM
#1245
Gets Weekends Off
Joined APC: Oct 2014
Posts: 907
thats definitely interesting and not where I thought they would be. I do have to wonder how much our wages are affecting that number. Unlike the non cons, we have significantly higher costs associated with our overtime and from looking at their pay scales they seem to have a much higher pay disparity between someone with 4 years vs top of the pay scale compared to us (assuming the same job)
09-19-2022, 01:26 PM
#1246
Gets Weekends Off
Joined APC: Sep 2014
Posts: 5,017
…not to mention less sick leave and vacation. If what I’m hearing about FAs is true, they’ve also got a higher floor of hours worked they need to meet to retain their full complement of vacation days.
09-20-2022, 06:26 PM
#1250
Moderator
Joined APC: Sep 2011
Posts: 4,986
Most reroutes in my experience show up as 4F1R (or similar) up top with rotations. And yes, all reroutes are always above guarantee.
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