Any "Latest & Greatest" about Delta?
04-14-2011, 11:40 AM
At home on the maddog!
Joined APC: Mar 2009
Position: ATL MD-88A
Posts: 2,874
DAL 88,
This article confuses me. It is written by ALPA who support a 500 hr waiver and yet it says the following:
"The US Congress/President. As long as commercial aviation is seemingly safe (not too many accidents) and their constituents are getting cheap fairs, they are content. Even if they knew that current conditions in the industry would lead to a less stable airline industry or at worse, more accidents, they would not act to change it because they are afraid any increase in ticket fairs would be blamed on them. Besides, they know that if safety becomes a headline, they will be the first to grandstand on the subject and take credit for helping to solve the problem. They are useless in this debate."
Congress is actually trying to correct this with a 1500 hour minimum and ALPA is pushing for a 500 waiver. ALPA is condemning congress when Congress is apparently being more pro-active about the experience issue than ALPA.
Is it really Congress worried about high fares, or the Regional Airline Association (supported by ALPA) that are actually worried about raising Pilot compensation at the regionals?
Our union dues at work boys.
Scoop
This article confuses me. It is written by ALPA who support a 500 hr waiver and yet it says the following:
"The US Congress/President. As long as commercial aviation is seemingly safe (not too many accidents) and their constituents are getting cheap fairs, they are content. Even if they knew that current conditions in the industry would lead to a less stable airline industry or at worse, more accidents, they would not act to change it because they are afraid any increase in ticket fairs would be blamed on them. Besides, they know that if safety becomes a headline, they will be the first to grandstand on the subject and take credit for helping to solve the problem. They are useless in this debate."
Congress is actually trying to correct this with a 1500 hour minimum and ALPA is pushing for a 500 waiver. ALPA is condemning congress when Congress is apparently being more pro-active about the experience issue than ALPA.
Is it really Congress worried about high fares, or the Regional Airline Association (supported by ALPA) that are actually worried about raising Pilot compensation at the regionals?
Our union dues at work boys.
Scoop
You would never get DALPA to write something like that. At least not with the current makeup of representatives.
04-14-2011, 11:50 AM
Gets Weekends Off
Joined APC: Dec 2009
Position: 7ERB
Posts: 2,039
Somebody earlier asked if RAH will fly anything other than AIrbus/190s for Frontier. Well here you go.
****** Fresh off the Press-->"""The route will be operated on Frontier’s 37-seat Embraer 135 aircraft and feature continuing service to Ironwood Gogebic-Iron County Airport in Michigan’s upper peninsula.
Read more: Frontier adds Milwaukee-Rhinelander service | The Business Journal """"******
TEN
****** Fresh off the Press-->"""The route will be operated on Frontier’s 37-seat Embraer 135 aircraft and feature continuing service to Ironwood Gogebic-Iron County Airport in Michigan’s upper peninsula.
Read more: Frontier adds Milwaukee-Rhinelander service | The Business Journal """"******
TEN
Look Above in the quoted box, I think that is Chautauqua dba as Frontier..
Ten
04-14-2011, 11:58 AM
Happy to be here
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
In other news:
By Ann Saphir
HELENA, Montana (Reuters) - The recent surge in oil prices is no prelude to broader price increases that would force the Federal Reserve to raise interest rates, top Fed officials said on Thursday in what appears to be the predominant view at the central bank.
The comments, from Minneapolis Fed President Narayana Kocherlakota and Fed Board Governor Elizabeth Duke, echoed recent remarks by Fed Chairman Ben Bernanke, adding to expectations the central bank will stay on course with its $600 billion debt-buying program through the end of June and will not look to reverse its super-easy monetary policy any time soon.
Daniel Tarullo, also a Fed governor, identified himself as in the same camp, saying there are no signs that higher overall inflation, spurred by surging energy and commodity prices, will translate to underlying inflation. Tarullo, answering questions while speaking on a panel in Washington, said commodity prices are notoriously volatile.
Even a policymaker who is viewed as an inflation hawk at the central bank, Philadelphia Fed President Charles Plosser, said he saw no imminent danger that inflation would take off.
However, Plosser, who has questioned the Fed's bond buying program, said there is no guarantee higher energy prices will not pass through to overall inflation, particularly with Fed monetary policy operating at full throttle.
He said that in light of the solid recovery, the central bank must begin to consider when to start withdrawing the unprecedented support to the economy to weather a financial panic and deep recession.
"The apparent strengthening of the U.S. economy suggests that, in the not-too-distant future, monetary policy will begin reversing course from a very accommodative policy stance," he said.
Plosser's views suggest the timing of the exit strategy will be a part of the debate at the Fed's next policy meeting April 26-27.
OIL'S EFFECT "TRANSITORY"
The Fed will eventually sell assets and raise rates to head off inflation, but "right now there's not really much sign of inflationary pressures building up," Kocherlakota told local business leaders and citizens in Helena, Montana.
"If we start to see that increase," he added, "that's when you have to start to think about, 'OK, inflationary pressures are building up, we are going to have to raise rates.'"
Recent spikes in energy costs have sparked worries about inflation among some economists and consumers. History suggests the effect of oil prices on inflation will be "transitory," Kocherlakota said. Duke argued that prices are likely to stabilize over the next couple of months.
"It would not be helpful if monetary policy reacted to every move in a volatile price," Duke said in response to questions after a conference in Washington sponsored by the International Factoring Association.
"The rate of inflation over the medium term is a key and important number for us to pay attention to," Duke said. "But when you look at things like gasoline prices, (they) are very volatile."
The Fed last November began buying $600 billion in long-term Treasury debt, its second round of asset purchases to battle the recent recession. The purchases are meant to lower the real cost of borrowing even further than the near-zero short-term interest rates that the Fed has kept in place since December 2008.
CORE SEEN PREDICTIVE
Some Fed officials, including Plosser, have signaled a possible need to raise rates before the end of the year.
But the core of the Federal Open Market Committee, which sets U.S. monetary policy, does not yet appear convinced.
U.S. wholesale prices rose 5.8 percent in the year to March, the largest gain in a year. But consumer prices, particularly outside food and energy, remain subdued, with wages remaining largely stagnant.
"Core inflation gives a much better sense of where inflation is going in the future," Kocherlakota said, noting it is "very low right now."
Duke, Kocherlakota, Plosser and Tarullo all have votes on the Fed's policy setting panel.
The Fed's plan is "at some point" to sell the more than $2 trillion of U.S. Treasury securities and mortgage-backed debt it has accumulated, Kocherlakota said. The U.S. central bank must also eventually raise rates or risk fueling inflation, he said.
He did not suggest any specific time frame or sequence for selling the debt or raising rates, but his comments on low inflation suggest he does not see those actions as imminent.
By Ann Saphir
HELENA, Montana (Reuters) - The recent surge in oil prices is no prelude to broader price increases that would force the Federal Reserve to raise interest rates, top Fed officials said on Thursday in what appears to be the predominant view at the central bank.
The comments, from Minneapolis Fed President Narayana Kocherlakota and Fed Board Governor Elizabeth Duke, echoed recent remarks by Fed Chairman Ben Bernanke, adding to expectations the central bank will stay on course with its $600 billion debt-buying program through the end of June and will not look to reverse its super-easy monetary policy any time soon.
Daniel Tarullo, also a Fed governor, identified himself as in the same camp, saying there are no signs that higher overall inflation, spurred by surging energy and commodity prices, will translate to underlying inflation. Tarullo, answering questions while speaking on a panel in Washington, said commodity prices are notoriously volatile.
Even a policymaker who is viewed as an inflation hawk at the central bank, Philadelphia Fed President Charles Plosser, said he saw no imminent danger that inflation would take off.
However, Plosser, who has questioned the Fed's bond buying program, said there is no guarantee higher energy prices will not pass through to overall inflation, particularly with Fed monetary policy operating at full throttle.
He said that in light of the solid recovery, the central bank must begin to consider when to start withdrawing the unprecedented support to the economy to weather a financial panic and deep recession.
"The apparent strengthening of the U.S. economy suggests that, in the not-too-distant future, monetary policy will begin reversing course from a very accommodative policy stance," he said.
Plosser's views suggest the timing of the exit strategy will be a part of the debate at the Fed's next policy meeting April 26-27.
OIL'S EFFECT "TRANSITORY"
The Fed will eventually sell assets and raise rates to head off inflation, but "right now there's not really much sign of inflationary pressures building up," Kocherlakota told local business leaders and citizens in Helena, Montana.
"If we start to see that increase," he added, "that's when you have to start to think about, 'OK, inflationary pressures are building up, we are going to have to raise rates.'"
Recent spikes in energy costs have sparked worries about inflation among some economists and consumers. History suggests the effect of oil prices on inflation will be "transitory," Kocherlakota said. Duke argued that prices are likely to stabilize over the next couple of months.
"It would not be helpful if monetary policy reacted to every move in a volatile price," Duke said in response to questions after a conference in Washington sponsored by the International Factoring Association.
"The rate of inflation over the medium term is a key and important number for us to pay attention to," Duke said. "But when you look at things like gasoline prices, (they) are very volatile."
The Fed last November began buying $600 billion in long-term Treasury debt, its second round of asset purchases to battle the recent recession. The purchases are meant to lower the real cost of borrowing even further than the near-zero short-term interest rates that the Fed has kept in place since December 2008.
CORE SEEN PREDICTIVE
Some Fed officials, including Plosser, have signaled a possible need to raise rates before the end of the year.
But the core of the Federal Open Market Committee, which sets U.S. monetary policy, does not yet appear convinced.
U.S. wholesale prices rose 5.8 percent in the year to March, the largest gain in a year. But consumer prices, particularly outside food and energy, remain subdued, with wages remaining largely stagnant.
"Core inflation gives a much better sense of where inflation is going in the future," Kocherlakota said, noting it is "very low right now."
Duke, Kocherlakota, Plosser and Tarullo all have votes on the Fed's policy setting panel.
The Fed's plan is "at some point" to sell the more than $2 trillion of U.S. Treasury securities and mortgage-backed debt it has accumulated, Kocherlakota said. The U.S. central bank must also eventually raise rates or risk fueling inflation, he said.
He did not suggest any specific time frame or sequence for selling the debt or raising rates, but his comments on low inflation suggest he does not see those actions as imminent.
04-14-2011, 12:00 PM
Gets Weekends Off
Joined APC: Feb 2009
Posts: 841
Well stated DAL 88 I agree 100%.
04-14-2011, 12:03 PM
Gets Weekends Off
Joined APC: Feb 2009
Posts: 841
There is no logic behind it. It is a political move. It is ALPA accepting a short term tactical loss by not enforcing Delta's scope, in order to gain the long term "benefit" of getting RAH pilots into ALPA.
Check Essential had a great post the other day that still has not been answered with regard to any "logic" behind this. I'll find it and re-post.
Carl
Check Essential had a great post the other day that still has not been answered with regard to any "logic" behind this. I'll find it and re-post.
Carl
04-14-2011, 12:13 PM
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
04-14-2011, 01:00 PM
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
Federal Aviation Administration - Airline Certificate Information - Detail View
Republic Air Holdings is deploying jets wherever they want.
ALPA seems to be the only ones worried about certificates.
I'm hearing whispers that there may be hope on this issue.
The MEC reps might rise up and finally overrule the administration and the permanent bureaucracy.
04-14-2011, 01:24 PM
Banned
Joined APC: Jul 2010
Posts: 793
What is NLOMLWH in block 14 of my W-2?
04-14-2011, 01:39 PM
Everyday is a weekend!
Joined APC: Jul 2008
Position: Seasonal Help
Posts: 317
04-14-2011, 01:47 PM
Gets Weekends Off
Joined APC: Dec 2007
Posts: 302
Speaking of that, I used perdiemcalc.com this year for my per diem calculation on my income tax. Worked great. It's $25... and I think flightline or some other company will do it for $50 and import your schedule? It took me about 45 min to gather my layovers off icrew and put them in. Thought I'd save a few bucks!!
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