Go Back  Airline Pilot Central Forums > Airline Pilot Forums > Major > Delta
Any "Latest & Greatest" about Delta? >

Any "Latest & Greatest" about Delta?

Search

Notices

Any "Latest & Greatest" about Delta?

Thread Tools
 
Search this Thread
 
Old 08-03-2011, 09:33 PM
  #72961  
Gets Weekends Off
 
N9373M's Avatar
 
Joined APC: Dec 2009
Position: 127.0.0.1
Posts: 2,115
Default

Originally Posted by Jinks
For FTB just in time for college football, Auburn's Hottest Fan, according to Bleacher Report.
Let's not forget about the SEC East Champs - hoping to repeat in 2011



N9373M is offline  
Old 08-03-2011, 09:57 PM
  #72962  
Da Hudge
 
80ktsClamp's Avatar
 
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
Default

Originally Posted by N9373M


Did that girl forget that it's not 1991?
80ktsClamp is offline  
Old 08-03-2011, 10:12 PM
  #72963  
Gets Weekends Off
 
N9373M's Avatar
 
Joined APC: Dec 2009
Position: 127.0.0.1
Posts: 2,115
Default

Originally Posted by 80ktsClamp
Did that girl forget that it's not 1991?
Close, 2008. I wouldn't get mad if she ate crackers in bed.
N9373M is offline  
Old 08-03-2011, 10:17 PM
  #72964  
Gets Weekends Off
 
Av8rking's Avatar
 
Joined APC: Oct 2007
Posts: 389
Default

Do you guys and gals honestly think the current scope will hold strong?! I have read time and time again on this board how scope should be the strongest part of the new contract! But lets all be honest and admit that most 50+ year olds don't have anything to do with internet message boards; let alone any of these forums! I know the bottom 30% believes in this philosophy, but how about the 70% that may be willing to allow the 50 seater to be replaced by a 70+ seat RJ in order to get a large pay raise? I hope for everyone involved you guys can hold strong! I would love to have the opportunity to be a real "Delta" pilot!
Av8rking is offline  
Old 08-03-2011, 10:26 PM
  #72965  
Da Hudge
 
80ktsClamp's Avatar
 
Joined APC: Oct 2006
Position: Poodle Whisperer
Posts: 17,473
Default

Originally Posted by Av8rking
Do you guys and gals honestly think the current scope will hold strong?! I have read time and time again on this board how scope should be the strongest part of the new contract! But lets all be honest and admit that most 50+ year olds don't have anything to do with internet message boards; let alone any of these forums! I know the bottom 30% believes in this philosophy, but how about the 70% that may be willing to allow the 50 seater to be replaced by a 70+ seat RJ in order to get a large pay raise? I hope for everyone involved you guys can hold strong! I would love to have the opportunity to be a real "Delta" pilot!
I can promise you that any scope giveback will be quickly and harshly dealt with before it can be brought to vote.

A quick look at the contract comparison that was distributed recently illustrates that point sharply. The airline with the worst scope (usair) has the lowest pay of anyone. The airlines with the best scope (fedex, ups, southwest) have the highest pay.

While some may be too ignorant to see that... I'm at least educating all captains that I fly with that the FO's in those fast taxiing clown cars make as much or more than them.
80ktsClamp is offline  
Old 08-03-2011, 10:54 PM
  #72966  
Gets Weekends Off
 
Av8rking's Avatar
 
Joined APC: Oct 2007
Posts: 389
Default

Originally Posted by 80ktsClamp
I can promise you that any scope giveback will be quickly and harshly dealt with before it can be brought to vote.
How can you promise this!?!? What will most pilots honestly say if the agreement is to allow a 50 to be replaced by a 76 seater as long as you guys get a 30 percent raise! I am not saying allowing more brand new large RJ's, but what about replacing older 50's for more viable 900's!
Av8rking is offline  
Old 08-04-2011, 02:19 AM
  #72967  
Gets Weekends Off
 
Pineapple Guy's Avatar
 
Joined APC: Apr 2008
Posts: 1,462
Default

Originally Posted by formerdal
Actually, Delta paid off 2 Billion in debt invested 1.3 Billion in capital improvements and had a 1.4 Billion profit last year.
You need to take an accounting class.
Pineapple Guy is offline  
Old 08-04-2011, 02:20 AM
  #72968  
Gets Weekends Off
 
Pineapple Guy's Avatar
 
Joined APC: Apr 2008
Posts: 1,462
Default

Originally Posted by Jack Bauer

If you read the balance sheet/annual report carefully there are many ways to reduce the profit and keep the cash/assets growing. Prepaying on aircraft/engine parts inventory is one of many.
You need to take an accounting class, too.
Pineapple Guy is offline  
Old 08-04-2011, 03:59 AM
  #72969  
Happy to be here
 
acl65pilot's Avatar
 
Joined APC: Jun 2006
Position: A-320A
Posts: 18,563
Default

Originally Posted by Pineapple Guy
You need to take an accounting class, too.
Most do not understand that our "cash" position is not just cash in a bank, but lines of credit or other forms of available credit that if utilized, cost us interest. DAL uses some of these forms as well.

In reference to what he is stating, as we know there is a difference between operational profit and final profit. Where the "art" of accounting comes in is in how they depreciate assets, and where certain things hit on the accounting ledgers. All of course are accepted general accounting principles. Nothing nefarious, or no more so than the average company.
acl65pilot is offline  
Old 08-04-2011, 04:06 AM
  #72970  
Gets Weekends Off
 
Pineapple Guy's Avatar
 
Joined APC: Apr 2008
Posts: 1,462
Default

Originally Posted by acl65pilot
Most do not understand that our "cash" position is not just cash in a bank, but lines of credit or other forms of available credit that if utilized, cost us interest. DAL uses some of these forms as well.

In reference to what he is stating, as we know there is a difference between operational profit and final profit. Where the "art" of accounting comes in is in how they depreciate assets, and where certain things hit on the accounting ledgers. All of course are accepted general accounting principles. Nothing nefarious, or no more so than the average company.
I agree, but paying down debt doesn't reduce operating profit, nor does making capital improvements. That was my point. Asset depreciation will, but companies don't/can't change that annually to "hide" profits when times are good, and then back off when they're not. The SEC really frowns on that sort of thing.
Pineapple Guy is offline  
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
On Autopilot
Regional
22594
11-05-2021 07:03 AM
AeroCrewSolut
Delta
153
08-14-2018 12:18 PM
Bill Lumberg
Major
71
06-13-2012 08:36 AM
Quagmire
Major
253
04-16-2011 06:19 AM
JiffyLube
Major
12
03-07-2008 04:27 PM

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



Your Privacy Choices