Any "Latest & Greatest" about Delta?
Forgot to add the dirty trick of using this to get junior pilots to sign off on a crappy TA. There always seems to be a carrot in some form or another hanging over that trap.
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
Interesting that he made that comment considering the discussion we've had over the last couple days.
The reporter asked them directly "How are you going to afford that new pilot sontract?".
They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.
Ed pipes in and says flat out we can afford it because we reduced the profit sharing.
The reporter asked them directly "How are you going to afford that new pilot sontract?".
They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.
Ed pipes in and says flat out we can afford it because we reduced the profit sharing.
Considering that profit sharing above $2.5 billion is unchanged, the max profit sharing pool is currently 15% of that $2.5 billion ($375 million). At 10% the total pool becomes $250 million. That's $125 million max total savings. Pilots are about 1/3 of the payroll and profit sharing pool. That means the max savings is $42 million if the company made $2.5 billion.
Currently 1% of direct pilot pay is about $17 million, rolled up with benefits it's about $20 million (not including frozen pension funding). How does that math work out?
So the "big bucks" you have commented on are a maximum of $42 million. If Delta were to make a profit equivalent to last year it's about $30 million. Instead you're getting pay (whether we make a profit or not) that'll be over $220 million more than the previous year.
Even if Ed rolled all the profit sharing savings from the non-contract personnel into our pay, it doesn't cover the increase.
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
A ploy by AA management to get the pilots "on board", or the real deal? If RA came to us talking this nonsense we'd pee our pants!!
American plans to hire 2,500 new pilots - Yahoo! Finance
American plans to hire 2,500 new pilots - Yahoo! Finance
So they won't admit it from the negotiations survey, but will in the rotation survey:
• For all fleets, average daily credit and trip length were by far the two highest pilot priorities.
Why this wasn't a priority during negotiations is still beyond me!
• For all fleets, average daily credit and trip length were by far the two highest pilot priorities.
Why this wasn't a priority during negotiations is still beyond me!
Interesting that he made that comment considering the discussion we've had over the last couple days.
The reporter asked them directly "How are you going to afford that new pilot sontract?".
They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.
Ed pipes in and says flat out we can afford it because we rIeduced the profit sharing.
The reporter asked them directly "How are you going to afford that new pilot sontract?".
They start talking about the scope relief, increased productivity, etc. etc.
All the givebacks they got from the pilots.
Ed pipes in and says flat out we can afford it because we rIeduced the profit sharing.
It did, and I continued to use "Comair" on all my PA's. My ID still said Comair, not Delta.
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,738
Dude... you KNOW you really wanted a 33% reduction in your profit sharing, and that huge 4,8,3,3 pay raise, and a higher ALV, and a higher reserve utilization!
Come on, we all know that's what we -really- wanted, we just forgot to put it in our survey answers!
You get me! My deepest desires and goals have been probed... er.... revealed.
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