Any "Latest & Greatest" about Delta?
12-13-2012, 05:30 PM
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Ed Bastian - President
"Well, there is lot of moving pieces in that because there was a significant amount of productivity overtime in that contract that helps us manage the seasonality peak that I was talking about. So that inflow plus there is a lot of benefit from the contract in the form of these 76-seats swaps and been able to increase the 76-seat count and return for getting 60-seaters out. So there is lot of pieces that move in and out of the economics of that transaction, but with that said, once we get to 65 we will have a significant number of retirements and we don't anticipate being in a situation where we have pilot hiring in 2013 as we sit today, but obviously as people hit the 65 age limitation, we will be hiring at the bottom of the seniority list. We haven't done an analysis of what the trade off is there, but overall the pilot contract and when you take the totality of all the terms, the productivity, the scope clause and the flexibility that gives us to be able to manage the business to the peak, its all in a good yield in terms of the overall profitability of the airline."
I guess it was announced.
"Well, there is lot of moving pieces in that because there was a significant amount of productivity overtime in that contract that helps us manage the seasonality peak that I was talking about. So that inflow plus there is a lot of benefit from the contract in the form of these 76-seats swaps and been able to increase the 76-seat count and return for getting 60-seaters out. So there is lot of pieces that move in and out of the economics of that transaction, but with that said, once we get to 65 we will have a significant number of retirements and we don't anticipate being in a situation where we have pilot hiring in 2013 as we sit today, but obviously as people hit the 65 age limitation, we will be hiring at the bottom of the seniority list. We haven't done an analysis of what the trade off is there, but overall the pilot contract and when you take the totality of all the terms, the productivity, the scope clause and the flexibility that gives us to be able to manage the business to the peak, its all in a good yield in terms of the overall profitability of the airline."
I guess it was announced.
9000+++
Is that right?
12-13-2012, 05:31 PM
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There was only one, small, terminal when Delta began their "Itanicnic" hub expansion, no surprise there will only be one terminal when they leave. It was only there to connect trans-con traffic and because we couldn't compete in ORD with UAL and AA there.
There's not a whole lot of O/D traffic in CVG, it's not exactly Chicago, in terms of banking, business travel or population...oh, and there's no lake, so nobody's going there for summer vacation. In fact, it's not even in Ohio, it's Northern Kentucky.
When I was based there in 1992, the Town Fathers of Northern KY were looking to generate some tax revenue. Delta had just opened their new Hub there, with international flights. They decied they would levy a big fuel tax on the Big D. Ron Allen flew up from ATL and addressed them, re. increased fuel taxes, or any other add on taxes.
In Ron's finest hour, he said to the group, "If you increase the taxes on Delta, we will pull our entire operation out of here and put it in Indianapolis!"
I watched it on the evening news as I sat MD88 reserve in my crashpad in Florence. I was laughing my arse off, but he was right. I was no fan of Ron, but I loved him on that day!
12-13-2012, 05:34 PM
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Ok I've read through the last several pages and I don't know if its me or the Jack. But, I can tell ya that anyone who thinks we are flying beyond LHR with this agreement isn't looking at AMS very close. It will be the same deal, we'll fly to LHR and put people onto VA. Period. Any growth will be TO LHR. Some day the secondary European markets will come back for point to point from JFK or ATL, but that won't be till the economy improves.
Yikes, does that put me in the sailing camp? Never thought I would say that
Yikes, does that put me in the sailing camp? Never thought I would say that
12-13-2012, 05:35 PM
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I heard the same 1000 number from several of the senior moma's I fly with, some of whom took the early out. They also said, the company didn't get nearly as many to leave as they wanted to...
12-13-2012, 05:37 PM
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12-13-2012, 05:42 PM
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12-13-2012, 05:45 PM
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12-13-2012, 05:47 PM
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Why would we connect someone through LHR when we have better service and more choices at AMS and CDG? I think this deal is almost exclusively about back and forth US-LHR. Either way, you are probably correct about the beyond flying and the point-to-point to smaller cities.
Sorry guys, this discussion is another waste of time
Think dry hole, from a pilots perspective, in oil man talk.
12-13-2012, 05:49 PM
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I was hoping they were looking to retire some of the "over 70" crowd, and replace them with the same amount, under 30!
But if they are only going to hire 400, to replace the 1000, then yeah...that's where we are headed.
Mmmm...smell the synergy!
12-13-2012, 06:14 PM
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Exactly. Guys thinking this is some sort of big deal are whistling Dixie. We had nothing before, we have nothing now. The chess move will be if VA actually goes under and we have a lose clams to ALL the slots.
Sorry guys, this discussion is another waste of time Think dry hole, from a pilots perspective, in oil man talk.
Sorry guys, this discussion is another waste of time
Think dry hole, from a pilots perspective, in oil man talk.When you say oil man talk, do you mean men that pump oil from the ground or men who go to watch women wrestle in baby oil?
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