Any "Latest & Greatest about Delta?" Part 2
#931
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 12,037
Not always true. While all Pilots were screwed following 9-11 some were hit a lot harder than others. Pilots hired recently have had the ability to make over 300K within a few years. Many of the FOs that got 5 bonus years in the right seat could not break even 200K consistently until after year 15. I am thinking 99 -2001 hires. Early 2000 hires were furloughed and came back to $85/hour on year 5 and the next 5 years or so were not much better. So while there are always the folks making bad financial decisions some folks were legitimately screwed.
With that said BK and the DB termination were 17 years ago and anyone still around had plenty of time to plan. The folks who were most harmed are long gone now. The DB ain’t coming back and I am really amazed some Pilots still want to fight for it. When 100% of the DAL pilots had a DB we weren’t willing to fight for it and voted it away with LOA 51.
Scoop
With that said BK and the DB termination were 17 years ago and anyone still around had plenty of time to plan. The folks who were most harmed are long gone now. The DB ain’t coming back and I am really amazed some Pilots still want to fight for it. When 100% of the DAL pilots had a DB we weren’t willing to fight for it and voted it away with LOA 51.
Scoop
Most harmed were the 2001to 2007 hires who got caught at the bottom by bankruptcy & outsourcing*, age 65, and the Northwest merger. The 92 to 96 hires got trapped too, but they were mostly in the top half when they stagnated. To put the degree of this into context, a 2014 hire hit 50% in year 10; a 2001 hire took 20+ years to hit 50%.
----
McKinsey & Company ran the bankruptcies and the outsourcing for both companies. The more details I learn the more it is apparent that breaking scope, shedding the pilots' defined benefit plans, re-fleeting with RJs and bankruptcy were all coordinated, intentional, actions. Delta almost lost control of their process. NWA management was more brutal but managed their cash better.
#934
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,588
#935
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,588
Curls did a great chart of DL pilot career progression.
Most harmed were the 2001to 2007 hires who got caught at the bottom by bankruptcy & outsourcing*, age 65, and the Northwest merger. The 92 to 96 hires got trapped too, but they were mostly in the top half when they stagnated. To put the degree of this into context, a 2014 hire hit 50% in year 10; a 2001 hire took 20+ years to hit 50%.
----
McKinsey & Company ran the bankruptcies and the outsourcing for both companies. The more details I learn the more it is apparent that breaking scope, shedding the pilots' defined benefit plans, re-fleeting with RJs and bankruptcy were all coordinated, intentional, actions. Delta almost lost control of their process. NWA management was more brutal but managed their cash better.
Most harmed were the 2001to 2007 hires who got caught at the bottom by bankruptcy & outsourcing*, age 65, and the Northwest merger. The 92 to 96 hires got trapped too, but they were mostly in the top half when they stagnated. To put the degree of this into context, a 2014 hire hit 50% in year 10; a 2001 hire took 20+ years to hit 50%.
----
McKinsey & Company ran the bankruptcies and the outsourcing for both companies. The more details I learn the more it is apparent that breaking scope, shedding the pilots' defined benefit plans, re-fleeting with RJs and bankruptcy were all coordinated, intentional, actions. Delta almost lost control of their process. NWA management was more brutal but managed their cash better.
#936
Line Holder
Joined APC: Jul 2018
Posts: 79
Curls did a great chart of DL pilot career progression.
Most harmed were the 2001to 2007 hires who got caught at the bottom by bankruptcy & outsourcing*, age 65, and the Northwest merger. The 92 to 96 hires got trapped too, but they were mostly in the top half when they stagnated. To put the degree of this into context, a 2014 hire hit 50% in year 10; a 2001 hire took 20+ years to hit 50%.
----
McKinsey & Company ran the bankruptcies and the outsourcing for both companies. The more details I learn the more it is apparent that breaking scope, shedding the pilots' defined benefit plans, re-fleeting with RJs and bankruptcy were all coordinated, intentional, actions. Delta almost lost control of their process. NWA management was more brutal but managed their cash better.
Most harmed were the 2001to 2007 hires who got caught at the bottom by bankruptcy & outsourcing*, age 65, and the Northwest merger. The 92 to 96 hires got trapped too, but they were mostly in the top half when they stagnated. To put the degree of this into context, a 2014 hire hit 50% in year 10; a 2001 hire took 20+ years to hit 50%.
----
McKinsey & Company ran the bankruptcies and the outsourcing for both companies. The more details I learn the more it is apparent that breaking scope, shedding the pilots' defined benefit plans, re-fleeting with RJs and bankruptcy were all coordinated, intentional, actions. Delta almost lost control of their process. NWA management was more brutal but managed their cash better.
#937
I'm with you there! Sad to see that we actually have some pilots that want to be able to sell their vacation.
#938
#939
Gets Weekends Off
Joined APC: Feb 2020
Posts: 793
#940
Gets Weekends Off
Joined APC: Jul 2012
Position: Short Bus FO
Posts: 458
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