Any "Latest & Greatest" about Delta?
01-30-2010, 11:22 AM
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Denny;
It is important to debate the points here and on other forums. Many of the "Silent Majority" read this stuff to form an opinion. Arguing both side of an issue is good for the gander.
Carl; We are on the same page more or less.
A few pages back I did the math for a SWA parity rate on our 737's versus their. It was a 23 percent raise off of this year. Though the math is not perfect each percent is about 18 million and goes up as you compound the raises on each other.
Ergo:
To reach parity we would need a 414 million dollar increase per year to our cost. ( Probably 500 million as we do the math for are larger jets)
That equates to about 1.5% of our revenue this year. Doable IMO.
I also would not be surprised to see us morph to a 40 billion dollar a year corp as the world economy turns.
It is important to debate the points here and on other forums. Many of the "Silent Majority" read this stuff to form an opinion. Arguing both side of an issue is good for the gander.
Carl; We are on the same page more or less.
A few pages back I did the math for a SWA parity rate on our 737's versus their. It was a 23 percent raise off of this year. Though the math is not perfect each percent is about 18 million and goes up as you compound the raises on each other.
Ergo:
To reach parity we would need a 414 million dollar increase per year to our cost. ( Probably 500 million as we do the math for are larger jets)
That equates to about 1.5% of our revenue this year. Doable IMO.
I also would not be surprised to see us morph to a 40 billion dollar a year corp as the world economy turns.
Carl
01-30-2010, 11:26 AM
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Posts: 3,457
I've never been a fan of mediation. It is just another delay tactic. Plus mediation is never binding. Now if you mean arbitration or binding arbitration - absolutely not! It is way too easy for arbitrators to become one with the side who has the keys to the cash register.
Carl
Carl
I've looked at mediation as something the company wants to stay away from (gumberment involbment). But I agree, anything that slows down the process is a bad thing.
Ferd
Piece of Labor Relations history trivia. Truman vetoed the RLA and it was overridden by the Senate.
01-30-2010, 11:27 AM
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Posts: 18,563
Also Carl, as one pointed out that is before the tax write down. So less than a percentage point to allow us to earn closer to what we are worth. 
I will spend some time doing some excel work when I get a chance, but overall given where we are with revenue it only gets better in regards to total cost.
To dovetail my points about debt last night. As revenue increases as we "plane out" of this financial mess, with debt constraint, we can gain an industry leading contract and pay down the debt in a few short years.
I will spend some time doing some excel work when I get a chance, but overall given where we are with revenue it only gets better in regards to total cost.
To dovetail my points about debt last night. As revenue increases as we "plane out" of this financial mess, with debt constraint, we can gain an industry leading contract and pay down the debt in a few short years.
01-30-2010, 11:28 AM
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Early Section 6 is a no cost item for management, because negotiations have to begin at some point and everyone on their side is salaried. It is a huge cost item for the compay if they are planning on delaying things til 2015 in order to delay pilot pay increases during a period of high inflation.
How they react to the request is going to be extremely telling.
Carl
01-30-2010, 11:29 AM
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Position: LAX ERA
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Agreed, doable!
01-30-2010, 11:31 AM
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Doubt it, the RLA was passed in 1926 and amended to cover the airlines in 1936, when Coolidge and FDR were President, respectively. In 1926, Truman was a county judge in Kansas City.
01-30-2010, 11:33 AM
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Posts: 12,109
I truly feel for you.
01-30-2010, 11:35 AM
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Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
That puts our 73NA's at 206 or whatever the SWA 12 yr A makes. It makes the A's of the 73N on parity. I also put some numbers out there last night with 23-5-5-5-5 for the 744/777 rates. It ends with a 12 yr rate at about 337 an hr if I remember correctly. (2018 if you get a contract on 01.01.2013 or the day after ours expires) Dreaming I know
So as I stated earlier 320 an hr was our 777A rate in 2004 we would hit that between 2015-2016 so about 12 years to make the same hourly rate not adjusted for inflation.
01-30-2010, 11:36 AM
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01-30-2010, 11:37 AM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
This is an excellent question.
Early Section 6 is a no cost item for management, because negotiations have to begin at some point and everyone on their side is salaried. It is a huge cost item for the compay if they are planning on delaying things til 2015 in order to delay pilot pay increases during a period of high inflation.
How they react to the request is going to be extremely telling.
Carl
Early Section 6 is a no cost item for management, because negotiations have to begin at some point and everyone on their side is salaried. It is a huge cost item for the compay if they are planning on delaying things til 2015 in order to delay pilot pay increases during a period of high inflation.
How they react to the request is going to be extremely telling.
Carl
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