Any "Latest & Greatest" about Delta?
09-04-2009, 01:39 PM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
However, I would agree 100% with you IF everything that managers, past and present did, namely cutting our compensation while increasing their own as well as forcing each employee to do more with less resulted in profits. But as the article points out, thats not the case.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
09-04-2009, 01:41 PM
Gets Weekends Off
Joined APC: Mar 2006
Position: 330 B
Posts: 1,622
The major airlines have become nothing but cash flow vehicles for other companies to make profits. The airlines don't intend to make any money. At least not until the "labor rate realignment" is complete. The lack of profits means they can keep pressure on their employees. You won't see airlines turning significant profits until labor costs come down.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
09-04-2009, 02:10 PM
Gets Weekends Off
Joined APC: Feb 2009
Posts: 798
The major airlines have become nothing but cash flow vehicles for other companies to make profits. The airlines don't intend to make any money. At least not until the "labor rate realignment" is complete. The lack of profits means they can keep pressure on their employees. You won't see airlines turning significant profits until labor costs come down.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
Southwest is making money with good wages. The legacy carriers are trying to blame employee wages when it's really a bigger operational (eg. equip, routes, service) problem. It's easier to cut costs then fix the problem.
ALPA Natinal needs to educate the public.
09-04-2009, 02:21 PM
Gets Weekends Off
Joined APC: Feb 2009
Position: 320B
Posts: 781
I just did a layover in a hotel that charged for internet in the room. I thought we had secured internet in the rooms with the merger contract. So, I got out my handy PWA and started reading.
The hotel only has to give you ACCESS to internet. The hotel had two business computers available. I checked them out and they were riddled with spyware, viruses, and ad ware.
So is this how the hotels and/our Delta is going to interpret the PWA language?
I can't wait until the first hacker gets my passwords to Deltanet and Ecrew and does some hacking. That'll be fun.
The hotel only has to give you ACCESS to internet. The hotel had two business computers available. I checked them out and they were riddled with spyware, viruses, and ad ware.
So is this how the hotels and/our Delta is going to interpret the PWA language?
I can't wait until the first hacker gets my passwords to Deltanet and Ecrew and does some hacking. That'll be fun.
Best efforts to obtain free Internet availability in new hotel contracts
09-04-2009, 02:27 PM
Gets Weekends Off
Joined APC: Feb 2009
Position: 320B
Posts: 781
The major airlines have become nothing but cash flow vehicles for other companies to make profits. The airlines don't intend to make any money. At least not until the "labor rate realignment" is complete. The lack of profits means they can keep pressure on their employees. You won't see airlines turning significant profits until labor costs come down.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
The ones making money from air travel are the aircraft manufacturers, the credit card companies, the banks and other financial institutions who finance airlines, senior management, the fuel suppliers, the caterers, the government, the hotel industry, car rental firms, the cruise ships, etc. etc. etc.
09-04-2009, 02:28 PM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
Not anymore. If memory serves, they lost money in 3 of the last 4 fiscal quarters. And they would have been losing money much earlier if it wasn't for some incredibly successful speculation in the commodities market.
Their profits the last couple years came from oil trading, not flying passengers.
Their profits the last couple years came from oil trading, not flying passengers.
09-04-2009, 02:34 PM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
AMR and CAL still have defined benefit pensions. SWA payrates are way beyond what the hedge fund managers consider appropriate. Gotta beat their share price down a bit further before they move in.
Some Flt attendants still make $50,000 and up for pouring coffee. That's gotta stop.
Wall Street will tell us when they're done with us.
09-04-2009, 02:49 PM
Gets Weekends Off
Joined APC: Feb 2009
Position: 320B
Posts: 781
Almost there in your case. Still a ways to go for others.
AMR and CAL still have defined benefit pensions. SWA payrates are way beyond what the hedge fund managers consider appropriate. Gotta beat their share price down a bit further before they move in.
Some Flt attendants still make $50,000 and up for pouring coffee. That's gotta stop.
Wall Street will tell us when they're done with us.
AMR and CAL still have defined benefit pensions. SWA payrates are way beyond what the hedge fund managers consider appropriate. Gotta beat their share price down a bit further before they move in.
Some Flt attendants still make $50,000 and up for pouring coffee. That's gotta stop.
Wall Street will tell us when they're done with us.
Hedge fund managers can have a significant impact on the stock price of a company, but they do not dictate business decisions and/or appropriate payrates for employees. If they believe the business model is not sound, they bail out. Btw, how many hedge fund managers make less than $1 million and what is it exactly that they do?
Btw, flt attendants do much more than just pour coffee at 30,000 ft and they are required to be on the aircraft per regulation. They have done a poor job of getting the word out to the public what their real responsibility is, but then again, so has ALPA. Do you know why? It is because the public doesn't care.
09-04-2009, 02:58 PM
Gets Weekends Off
Joined APC: Jun 2007
Position: Legacy FO
Posts: 4,105
Our best hope for getting wages to where they used to be is to have the good pilots of Southwest score one heck of a contract increase during their next negotiations.
My two cents...
09-04-2009, 03:01 PM
Gets Weekends Off
Joined APC: Jun 2007
Position: Legacy FO
Posts: 4,105
ACL ... and anyone else who may know ...
Why are there zero, nada, zilch, SILS for the month of October?
Rumor I heard was that the company was paying out green slips when we had plenty of people to work. After a cost benefits analysis, SILS were dropped for October.
Any truth?
Why are there zero, nada, zilch, SILS for the month of October?
Rumor I heard was that the company was paying out green slips when we had plenty of people to work. After a cost benefits analysis, SILS were dropped for October.
Any truth?
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