Any "Latest & Greatest" about Delta?
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Really? Since when? I like that hotel. Walking distance to a lot of fun stuff.. and the rooms are very nice.. except that I keep bumping into the door when I have to get up in the middle of the night to hit the head.. (You younguns won't understand that... yet)
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One of my old "adventure" buds flew out to go to Bonnaroo. Now remember, he was nuts back in the day, an iron man, up for anything. He kept on talking about frikken flowmax...I almost disowned him.
Don't start talking about flowmax.
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Maybe I've stayed there too much or maybe it's because I had Dieter and the Sprockets in the room next door....
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Many if not most pilots on long term Mil leave are there on a voluntary basis. They are staying on active duty in order to get their 20 years in for government retirement. At that point they can return to Delta and Delta is required to figure out a assumed earnings number for pay while they were gone and reimburse them all retirement money they missed at Delta and pay interest on that amount. Its a pretty good deal if you can work the timing. You come back to Delta perhaps now a Captain with a full military retirement and medical you are drawing on at the same time plus full reimbursement for any Delta retirement you missed. Delta has been very generous in not enforcing the 5 year rule on mil leave to allow this to happen. Other employers have enforced the rule.
I think the number of military folks on long term leave (so they can get an active duty retirement) is dwindling (I could be wrong). Long term orders are drying up. The only folks who I know are doing it ... or did it ... are the fellas who were booted after 9-11 and they're entering their military retirement season this year.
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Scambo, it was a good read. A friend of mine in the oil business thought we were nuts to buy a refinery that was never "profitable". I don't think he or any other oil guy saw why Delta did the deal and SD does a nice job of explaining it to us. It's all about the crack spread (no FTB we don't need pics).
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Scambo, it was a good read. A friend of mine in the oil business thought we were nuts to buy a refinery that was never "profitable". I don't think he or any other oil guy saw why Delta did the deal and SD does a nice job of explaining it to us. It's all about the crack spread (no FTB we don't need pics).
At the end of the day, Delta will have to write the investment in Trainer off.
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