Any "Latest & Greatest" about Delta?
No
d'oh.
It gets hard going from Excel to browser back to excel back to browser and none of the fleets are written in an easy format to read on wikipedia. AirFleets was too slow.
One thing I get from seeing the numbers is we're not as small as I thought on the WB side. Yes UAL is huge, but, I guess if the goal is to maximize margins in good times and bad then having a majority of your lift be with jets under 300 passengers kind of makes sense.
Especially since you have two major domestic competitors to go up against, multiple hubs spread out over 3.1 million square miles of land in the CONUS. And you're competing internationally against "national/home" airlines with all of their soft or hard government support and in the case of UAE it's only 32,000 sq miles.
Last edited by forgot to bid; 04-02-2014 at 10:45 AM.
Anyone know when we elect what to do with our DC money? I don't want to end up with some crap annuity earning 2% when I could roll it into my 401K
Thanks, Erik
Thanks, Erik
how about a friendly game of spot the pilot...
Scope Compliance
I am hoping someone here can fill in the info I am missing here.
The IAAC & Codeshare Presentation dated 15Aug13 claimed the company was on a path to be out of compliance with JV EASKs at the end of the measurement period i.e. Mar14. It further pointed out the path to compliance was rather steep.
The Codeshare Committee Presentation dated 18Nov13 states the company is in compliance with Sec. 1.E. and does the most recent presentation to the MEC dated 17Mar14.
LOA 13-03 [primarily addressed Pacific flying] amended Sec 1.E. but didn't seem to specifically make any changes which would affect the noncompliance situation.
What happened?
1Bob
The IAAC & Codeshare Presentation dated 15Aug13 claimed the company was on a path to be out of compliance with JV EASKs at the end of the measurement period i.e. Mar14. It further pointed out the path to compliance was rather steep.
The Codeshare Committee Presentation dated 18Nov13 states the company is in compliance with Sec. 1.E. and does the most recent presentation to the MEC dated 17Mar14.
LOA 13-03 [primarily addressed Pacific flying] amended Sec 1.E. but didn't seem to specifically make any changes which would affect the noncompliance situation.
What happened?
1Bob
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
I am hoping someone here can fill in the info I am missing here.
The IAAC & Codeshare Presentation dated 15Aug13 claimed the company was on a path to be out of compliance with JV EASKs at the end of the measurement period i.e. Mar14. It further pointed out the path to compliance was rather steep.
The Codeshare Committee Presentation dated 18Nov13 states the company is in compliance with Sec. 1.E. and does the most recent presentation to the MEC dated 17Mar14.
LOA 13-03 [primarily addressed Pacific flying] amended Sec 1.E. but didn't seem to specifically make any changes which would affect the noncompliance situation.
What happened?
1Bob
The IAAC & Codeshare Presentation dated 15Aug13 claimed the company was on a path to be out of compliance with JV EASKs at the end of the measurement period i.e. Mar14. It further pointed out the path to compliance was rather steep.
The Codeshare Committee Presentation dated 18Nov13 states the company is in compliance with Sec. 1.E. and does the most recent presentation to the MEC dated 17Mar14.
LOA 13-03 [primarily addressed Pacific flying] amended Sec 1.E. but didn't seem to specifically make any changes which would affect the noncompliance situation.
What happened?
1Bob
The applicable section to the TAJV is 1.P.
It was last amended by MOU 14
- TO signed MOU 14 in June of 2010.
- Two days ago, the first 3-year look-back period ended on March 31 2014.
- If the company was found to not meet the goals set in 1.P.4 for the Transatlantic JV, it has another 354 days to make good.
Let's just hope the company isn't planning on using the 12-month 49.75% loophole to disregard our accrued lower 36-month look-back percentage.
Cheers
George
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
Then at the end of the 36 + 12 = 4 year blank check we gave up for the siren song promise of our 50% share of the AZ 2% for a grand total of 1%, they drop AZ and say "no harm no foul, thanks for the free 4 year gift a contract is a contract!"
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,599
Perhaps. And actually, there has been no order of any kind as of yet. The RFP included just about every thing that flies with 2 aisles, so kind of hard to get excited at this juncture about any of this. We are gonna buy some widebody airplanes. Don't know which ones, or how many, but we are gonna buy some. Good. Some are gonna be replacements for 747s and 767-ERs. Not so good. However, not liking the word "replacement" as you choose to call a doom and gloom position is myopic on your part. It is a very real English word that has in this case the very real intimation of swapping one airframe for another. I will however, stipulate that the growth part of the equation is open ended. An order of 50 widebodies under the auspices of "growth" would be far more exciting for all pilots at the airline. Replacement airframes are like kissing ones' sister. (or so I'm told). I am glad... really.. that you see the glass having something in it, and in most cases I tend to be way more optimistic. In this case however, I am withholding judgement until I see the order and the subsequent fleet retirement plan. If it is net positive, I'll be excited. If not, I will make sure my sister wears my shade of lipstick.
Very important #1. If you dont do anything at all, your your remaining B fund money goes to an annuity. Per law.
Very Very Very Important #2. You need your Spouse's signature for a transfer to your DPSP, FID IRA or Other IRA. If you dont get your Spouse's signature, all your B fund money goes to an Annuity. A bad, very bad ju ju for most of us. Per Law.
Im anxiously waiting for more DALPA correspondence. On the Fidelity website there are 2 older letters.
TEN
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