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Old 04-08-2014, 01:45 PM
  #153481  
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Originally Posted by Purple Drank
When a guy who clearly works at ALPA national decides to press the company's agenda here in an effort to manage this pilot group's expectations, he can expect to be called out.
That's fair.

Since I don't work for ALPA national, add that quote to the list of things you're wrong about.

When you're done being wrong about me, maybe you could spend a few seconds addressing the statements I made? Is it easier to get a better contract when the company is making a profit, or losing money?
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Old 04-08-2014, 02:02 PM
  #153482  
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Originally Posted by tsquare
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.
Has anyone watched the series House of Lies"? This is a page out of the House of Lies consulting handbook. It has no benefit to the corporation. It only benefits the consultants and shareholders with maturing stock options. Stock buybacks are ripoffs. Notice they didn't buy anything back when it was trading for $4.00 a share. Stock buybacks only serve to temporarily artificially inflate the stock price. In many cases, stock buybacks hurt the company.
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Old 04-08-2014, 02:38 PM
  #153483  
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Originally Posted by newKnow
Didn't we vote to freeze our pensions before the bankruptcy?
Assuming "we" is NWA ALPA, I don't know when you voted to freeze it, but the freeze didn't happen until after you entered bankruptcy.

BTW, DAL ALPA voted to soft freeze ours too, and the combination of paycut and soft freeze had the same effect as a hard freeze. It was frozen 9 months BEFORE we entered bankruptcy.....but still terminated.
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Old 04-08-2014, 02:39 PM
  #153484  
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Stock buy backs are a waste of corporate funds.
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Old 04-08-2014, 02:45 PM
  #153485  
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Originally Posted by Elvis90
I have a friend who has conditional employment with Delta, but he's going to a Delta Pilot Review Board because of the Psych Eval. He's military, and has told me that several military guys from his interview group are going to this review board because of the Psych Eval. I've read past post regarding this. I know Delta loves military pilots who are becoming fewer in number these days. What is the likelihood that he'll fly for us? Seems more of a formality to me. He said that his interview went very well.
A mil friend of mine who went through this in 2010 said it resulted in holding him up for at least two or three classes. Upon review he was one of the lucky ones who got the go ahead; the others (~50%?) did not fair as well. One of the unlucky ones had a recommendation letter from his dad (a current captain with the company). Don't test defensively (i.e. IMO, applicants should be honest on those MMPI tests and not try to look like a saint. Probably a lot more to it than that, though).
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Old 04-08-2014, 02:58 PM
  #153486  
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Originally Posted by nwaf16dude
Interesting jumpseat rumor...supposedly we just had 60+ 777 capt retire in the middle of CQ after getting into an argument with the instructor. Backfill anyone?
Timbo either quit or didnt move up. in fact if the guy was junior then he went backwards.

bastards.
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Old 04-08-2014, 03:05 PM
  #153487  
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Originally Posted by GunshipGuy
A mil friend of mine who went through this in 2010 said it resulted in holding him up for at least two or three classes. Upon review he was one of the lucky ones who got the go ahead; the others (~50%?) did not fair as well. One of the unlucky ones had a recommendation letter from his dad (a current captain with the company). Don't test defensively (i.e. IMO, applicants should be honest on those MMPI tests and not try to look like a saint. Probably a lot more to it than that, though).
The problem with the MMPI and DAL hiring is that the MMPI was designed to be a test that gave the taker career/job options for which he was most suited - in the future.

NOT to differentiate between people who have been doing the job already for a decade or more.

IMO, DAL should design a psych test that tests for the personality traits they want in the pilots they are interviewing.
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Old 04-08-2014, 03:07 PM
  #153488  
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Originally Posted by forgot to bid
Timbo either quit or didnt move up. in fact if the guy was junior then he went backwards.

bastards.
Its a conspiracy. Do you work for ALPA or management ... you frikkin shill.









(forgot the smiley for those in doubt)
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Old 04-08-2014, 03:17 PM
  #153489  
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Originally Posted by Pineapple Guy
Which had absolutely nothing to do with your lower rates...
You kept your pension because it didn't meet the high threshold required to terminate.
Originally Posted by Pineapple Guy
Assuming "we" is NWA ALPA, I don't know when you voted to freeze it, but the freeze didn't happen until after you entered bankruptcy.

BTW, DAL ALPA voted to soft freeze ours too, and the combination of paycut and soft freeze had the same effect as a hard freeze. It was frozen 9 months BEFORE we entered bankruptcy…..but still terminated.

I think this is probably a. "Which came first: the chicken or egg?" conversation, but I'll answer anyway. From my perspective at the time, which was a freshly bumped DC-9 captain back in the right seat of the 757; our lower pay rates had everything to do with our frozen pension. If I remember correctly, our frozen pension vote came in the fall, while the concessionary contract vote came the next year.

I can tell you that I argued until I was blue in the face with guys with multiple reasons as to why they shouldn't vote for that contract. Almost everyone fell back on the same excuse as to why they would vote for it: they wanted to protect their pensions. IMO, it's the main reason why "we" voted in those lower rates.

So, it's all in how you look at it. I didn't take his statement to imply that we kept the pension because we had lower rates, while it appears that you did. Rather, I thought he was just including the frozen pension as evidence to compare our overall compensation as compared to yours.

I guess we would have to ask him what he meant.
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Old 04-08-2014, 03:32 PM
  #153490  
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Originally Posted by scambo1
Its a conspiracy. Do you work for ALPA or management ... you frikkin shill.









(forgot the smiley for those in doubt)
i am Spartacus.
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