Any "Latest & Greatest" about Delta?
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Paying down the debt is important. Making the stock "investment grade" is important. Paying the pension debt down ahead of schedule is important. Buying new aircraft to replace aging aircraft is important. Buying aircraft to grow is important.
The message I get from the MEC is that it's better to negotiate with a successful enterprise, than a money losing one. A brief glance at contract history might help you see that.
Good luck!
The message I get from the MEC is that it's better to negotiate with a successful enterprise, than a money losing one. A brief glance at contract history might help you see that.
Good luck!
Or both?
Surely you jest.....
2008:
NWA . . 757 - $144.41
NWA . . 330 - $161.52 (+$17.11)
DAL . . .757 - $159.98 (+$15.57)
Using the rate YOU had at NWA for the 757, it definitely wasn't a WB payrate; I completely agree!
The DAL contract certainly seemed to have the 757 pay in line with your historical definition of WB pay differential.
2008:
NWA . . 757 - $144.41
NWA . . 330 - $161.52 (+$17.11)
DAL . . .757 - $159.98 (+$15.57)
Using the rate YOU had at NWA for the 757, it definitely wasn't a WB payrate; I completely agree!
The DAL contract certainly seemed to have the 757 pay in line with your historical definition of WB pay differential.
Wide body vs narrow body pay, right?
How does that turn into a north vs south deferential?
Straight QOL, homie
Joined APC: Feb 2012
Position: Record-Shattering Profit Facilitator
Posts: 4,202
Several studies out there--seems like the "baby boomers" are generally happy to make as much money as possible, even if it means working more. Later generations seek good money, it's true, but also value other forms of compensation very highly--especially time off.
Those are some broad generalizations, certainly. But suffice to say it's not all about straight cash anymore for many younger guys. ALPA ought to consider these generational differences...but it's pretty unlikely when all the fat cats are baby boomers.
It's not a N/S thing, it's a "gszg is wrong" thing. Sorry if it came across that way. 99.9% of the unified pilot group doesn't measure by the size of their pay rates... For some reason gszg feels the need to make arguments that don't work in reality, but he's pretty much batsh!t crazy so it was my mistake to even address any of his rant.
My apologies if any offense was taken.
Gszg is attempting to revise a set of events that he had no part of and spin it to be something it is and was not. His premise was incorrect and so his result was incorrect.
It's not a N/S thing, it's a "gszg is wrong" thing. Sorry if it came across that way. 99.9% of the unified pilot group doesn't measure by the size of their pay rates... For some reason gszg feels the need to make arguments that don't work in reality, but he's pretty much batsh!t crazy so it was my mistake to even address any of his rant.
My apologies if any offense was taken.
It's not a N/S thing, it's a "gszg is wrong" thing. Sorry if it came across that way. 99.9% of the unified pilot group doesn't measure by the size of their pay rates... For some reason gszg feels the need to make arguments that don't work in reality, but he's pretty much batsh!t crazy so it was my mistake to even address any of his rant.
My apologies if any offense was taken.
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
Then again everyone likes salt, especially Americans. How bad can they be?
Note: current management is awash in stock options. They are pushing hard to raise the stock price because they state it's very good for the company. It's also very good for them and I am sure is a factor in making choices between short term stock gains and the long term business plan. It's only human nature for it to be in the back of their minds.
Gets Weekends Off
Joined APC: Jan 2009
Position: B744 F/O
Posts: 141
Surely you jest.....
2008:
NWA . . 757 - $144.41
NWA . . 330 - $161.52 (+$17.11)
DAL . . .757 - $159.98 (+$15.57)
Using the rate YOU had at NWA for the 757, it definitely wasn't a WB payrate; I completely agree!
The DAL contract certainly seemed to have the 757 pay in line with your historical definition of WB pay differential.
2008:
NWA . . 757 - $144.41
NWA . . 330 - $161.52 (+$17.11)
DAL . . .757 - $159.98 (+$15.57)
Using the rate YOU had at NWA for the 757, it definitely wasn't a WB payrate; I completely agree!
The DAL contract certainly seemed to have the 757 pay in line with your historical definition of WB pay differential.
Our rates were lower, but we kept our pension.
Tr
Gszg is attempting to revise a set of events that he had no part of and spin it to be something it is and was not. His premise was incorrect and so his result was incorrect.
It's not a N/S thing, it's a "gszg is wrong" thing. Sorry if it came across that way. 99.9% of the unified pilot group doesn't measure by the size of their pay rates... For some reason gszg feels the need to make arguments that don't work in reality, but he's pretty much batsh!t crazy so it was my mistake to even address any of his rant.
My apologies if any offense was taken.
It's not a N/S thing, it's a "gszg is wrong" thing. Sorry if it came across that way. 99.9% of the unified pilot group doesn't measure by the size of their pay rates... For some reason gszg feels the need to make arguments that don't work in reality, but he's pretty much batsh!t crazy so it was my mistake to even address any of his rant.
My apologies if any offense was taken.
+717.............
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
And a $500 million stock buyback with the stock at even $30 will make how much difference in the stock price? Be sure to factor in that we have around 850 million shares outstanding.... This stock buyback is about something else, and it is nothing nefarious. Personally I think it makes way more sense to use that $500 mil to pay down debt. THe ROI is much much better, but I totally understand their logic in buying stock.
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