Any "Latest & Greatest" about Delta?

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06-15-2013, 05:19 AM

#132781

johnso29

Moderator

Joined APC: Oct 2006

Position: B757/767

Posts: 13,088

My buddy has a herninated disk in his back. He will likely miss all four of his trips this month. So far, he has called in sick for two 4 days and has heard NOTHING about it.

06-15-2013, 05:26 AM

#132782

hockeypilot44

Gets Weekends Off

Joined APC: Jul 2008

Posts: 4,959

Quote:

Originally Posted by Denny Crane

Not sure if anybody has responded to this but we get 10% up to 2.5 billion and then 20% on anything over 2.5 billion. I can darn near guarantee that!! We gave up that 5% in the last contract negotiations.

Profit sharing does double on the part that goes over 2.5 billion, not on the part below........

Call the union if you don't believe me....

Denny

Looking back at my ta stuff, that's not how the union sold it. Looking at my contract, I believe you. It's not real clear which is bad for us.

06-15-2013, 05:38 AM

#132783

forgot to bid

veut gagner à la loterie

Joined APC: Apr 2008

Position: Light Chop

Posts: 23,286

Quote:

Originally Posted by Denny Crane

Without diving into the PWA and just looking at the TA 2012 roadshow that is correct. Here is the slide:

Quote:

A Portion of Profit Sharing is converted to pay

Currently all employees share a profit sharing pool that is 15% of all profits up to $2.5 billion and 20% above that
Pilots’ share of the pool is about 1/3
Delta is changing the formula to 10% of all profits up to $2.5 billion
still with 20% above that
This TA converts the maximum profit sharing differential into
permanent pay increases that are not dependent upon Delta’s
profit
Pilots wanted more guaranteed income and less “at risk” income

Then they had a chart highlighting the previous year for $1.5B PTI and the changes. Basically $1.5B PTI, $225M/15% goes to all employees, pilots get $75M.

Under new plan, $150M/10% would've gone to all employees and new pilots share is $50M. But the pilots got a 2% permanent pay ate increase to $42M and pilots gain from conversion is $17M.

The pilots gain was the + permanent pay increase + new pilots share - current pilots share. Or $42 million pay increase + $50 million in our share of a $1.5B PTI - what we would've gotten before at $75M = us coming out ahead by $17M.

Of course if the company made a $3B PTI, instead of $158M in profit sharing we get $117M to split plus our pay raise + $42M pay rate increase equals a pilot gain of $0. So we beak-even above $2.5B.

Infallible.

/Mustache

06-15-2013, 06:13 AM

#132784

Elliot

Gets Weekends Off

Joined APC: Sep 2008

Position: "Prof" button manipulator

Posts: 1,685

Quote:

Originally Posted by DARR31

I am getting sick of this crap, might be time for a new job.....What's that number to Truck Masters again?

Suburban Truck Driver Training School Michigan)

http://www.roadmaster.com/:)

GJ

06-15-2013, 06:32 AM

#132785

GunshipGuy

Gets Weekends Off

Joined APC: Jul 2007

Position: Permanently scarred

Posts: 1,707

Quote:

Originally Posted by forgot to bid

Oh and please let me remind you of something. We just won a major scope opportunity with NRT. This would not have been possible in a confrontational style tactic of the APA which has taken 15 years to get nowhere.

And I hate the DPA.

Thank you,
Mustache

Don't forget to include the fact we won the hope of "bounce back" recently.

06-15-2013, 06:38 AM

#132786

firstmob

Gets Weekends Off

Joined APC: Feb 2009

Posts: 841

What are the odds of Delta placing an aircraft order at the Paris air show?

06-15-2013, 07:06 AM

#132787

Doug Masters

Weekend and Holiday Pilot

Joined APC: Jan 2007

Position: Sippin' at the Troubadour

Posts: 1,142

Second hand info from someone who saw SD at 31 flavors: We are not losing as many 757s as initially thought. Thats all the details he gave me. Anyone else heard this?

06-15-2013, 07:23 AM

#132788

gloopy

Gets Weekends Off

Joined APC: Jul 2010

Position: window seat

Posts: 12,538

Quote:

Originally Posted by firstmob

What are the odds of Delta placing a growth aircraft order at the Paris air show?

FYP.

06-15-2013, 07:25 AM

#132789

Bucking Bar

Can't abide NAI

Joined APC: Jun 2007

Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler

Posts: 12,014

Quote:

Originally Posted by TANSTAAFL

Please come in at your earliest convenience to have a good faith discussion if you are really interested in being a Delta pilot or not.

Can you check the sim schedule and see if we are leasing our 777 sim to Emirates that day for their phase interviews. Seeing as how they are hiring 777 Captains and you are displacing to 717's, might as well walk across the sidewalk and see what an aggresive competitor that is hiring qualified flight crews looks like.

Can you explain "good faith" as it applies to our JV scope.

Last edited by Bucking Bar; 06-15-2013 at 07:43 AM.

06-15-2013, 07:34 AM

#132790

gloopy

Gets Weekends Off

Joined APC: Jul 2010

Position: window seat

Posts: 12,538

Quote:

Originally Posted by Doug Masters

Second hand info from someone who saw SD at 31 flavors: We are not losing as many 757s as initially thought. Thats all the details he gave me. Anyone else heard this?

Sounds great but is anyone else worried that with all this growth we're about to experience* and that we're only down like 1000 pilots in 3 years, which is more retirements than we have coming up in the next 3-4 years, and there's no money in hiring pilots, that we might eventually have to hire some pilots to slightly reduce the rate of shrinking the number of pilots? Capacity restraint, leveraging synnergies, yielding to LCC's to preserve...yields? At least the new peak hour hump is in March. So once we get past that we're home free for another year.

And maybe, just maybe, the 717's are delayed but the 76's are coming anyway, AF/KLM/AZ have no intention of reducing anything beyond the general bilateral reductions so you can rebalance, Virgin ain't reducing anything either and you ain't growing into what they currently do for sure.