Any "Latest & Greatest" about Delta?

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04-29-2015, 10:36 AM

#181611

pilotjockey

ready for mo money

Joined APC: May 2013

Position: Left Behind

Posts: 84

Quote:

Originally Posted by BenderRodriguez

Early retirement programs aren't worth the paper they are printed on. Ever.

amen

total waste of time

04-29-2015, 10:48 AM

#181612

80ktsClamp

Da Hudge

Joined APC: Oct 2006

Position: Poodle Whisperer

Posts: 17,473

Quote:

Originally Posted by 76drvr

Ashamed of what? You said

If, you're loving it, I just assumed you were appreciative of those that worked on your behalf to make it so. I guess not.

You've made yourself look like even more of a fool than usual. Impressive!

04-29-2015, 10:50 AM

#181613

80ktsClamp

Da Hudge

Joined APC: Oct 2006

Position: Poodle Whisperer

Posts: 17,473

Quote:

Originally Posted by 1Bob

The largest offset in job loss was supposed to be the early retirement program. As I recall less than a third of those expected to, actually took it.

But as sailing said back then, it didn't matter since they were higher value retirements.

Cue no hiring for a year and a half after that...

04-29-2015, 11:10 AM

#181614

forgot to bid

veut gagner à la loterie

Joined APC: Apr 2008

Position: Light Chop

Posts: 23,286

Quote:

Originally Posted by sailingfun

Ed never claimed that. This was hashed out over and over again. The companies claim to Wallstreet when asked how they could afford the contract was that all the changes with the refleeting being the biggest would pay for the contractual improvements via increased revenue and productivity. You need only look at the quarterly reports to see how much pilot costs have gone up since the start of the contract. They certainly have not stayed the same.
As far as offsets there were something like 5 or 6. The big two were reducing when a reserve was full and counting vacations and all known absences when determine full status. Others included increased training and vacation pay and the increase in sick leave. The sick leave part turned out to be far greater then the company expected hence their current fixation with that subject.

Ed never did say that, you're right, Ed championed the reduced profit sharing as a cost savings measure to make the contract affordable.

It was Richard Anderson that said it.

Quote:

Quote 1

Richard Anderson
With the benefits achieved with our new pilot agreement, we have the flexibility we need to both accelerate our fleet restructuring and improve pilot productivity as we vary our capacity by season.

Quote:

Quote 2
Bloomberg News
Hi, folks. Can you talk a little bit about how you’re going to afford that new pilot contract?

Richard Anderson
Hi, Mary Jane, this is Richard. Sorry for not saying hello. When you look at the overall value that we’re going to create as a result of unlocking the ability to refleet plus the productivity that has been built into that agreement, we’re confident that it will be an important part of our ability to get to unit cost over the next couple of years to improve our margins and our return on invested capital.

Not sure when this was "hashed out" but in reference to the productivity above he was talking about the PWA, not re-fleeting productivity. We didn't build any fleet productivity into the PWA and he wasn't talking about the agreement with SWA. The reporter had asked about our contract and so he was referring to our contract when he said refleeting and improved productivity to help pay for C2012.

Then Ed jumped in about PS.

04-29-2015, 11:31 AM

#181615

maddogmax

Gets Weekends Off

Joined APC: Feb 2006

Posts: 1,242

Quote:

Originally Posted by BenderRodriguez

Early retirement programs aren't worth the paper they are printed on. Ever.

Now you've really outed yourself.

04-29-2015, 11:35 AM

#181616

80ktsClamp

Da Hudge

Joined APC: Oct 2006

Position: Poodle Whisperer

Posts: 17,473

Quote:

Originally Posted by maddogmax

Now you've really outed yourself.

Which is really ironic given the emails to me saying how the forums are toxic and so on and so forth.

04-29-2015, 11:38 AM

#181617

forgot to bid

veut gagner à la loterie

Joined APC: Apr 2008

Position: Light Chop

Posts: 23,286

Quote:

Originally Posted by maddogmax

Now you've really outed yourself.

Let's really test this.

04-29-2015, 11:39 AM

#181618

80ktsClamp

Da Hudge

Joined APC: Oct 2006

Position: Poodle Whisperer

Posts: 17,473

Quote:

Originally Posted by forgot to bid

Cannot stop laughing.

You quoted 80... from 2007.

Not only that, we were still in bankruptcy for another 6 days after that post!

04-29-2015, 11:44 AM

#181619

gzsg

Gets Weekends Off

Joined APC: Oct 2009

Posts: 3,108

Quote:

Originally Posted by sailingfun

ALPA did come out and explain exactly what the job loss worst case would be. Their number was a net number looking at the various trade offs. In the areas where we gave up jobs we asked and got offsets in other areas. The net effect was a loss of about 150 jobs system wide. The forum claimed the number was far in excess of that. Block hours compared to headcount show that number to be accurate if not a little pessimistic. Crew planning made no changes in manning assumptions.

Go back and take a look at the Touch and Gos chart projections if we accept ta or not.

Total crap.

04-29-2015, 11:47 AM

#181620

tomgoodman

Gets Weekends Off

Joined APC: Feb 2006

Position: 767A (Ret)

Posts: 6,248

Quote:

Originally Posted by BenderRodriguez

Early retirement programs aren't worth the paper they are printed on. Ever.

There was one "early retirement program" that worked like a charm; an approaching threat to the lump sum option. Anybody loafing near the exit door around 2003 would have been trampled.