Any "Latest & Greatest" about Delta?
Since someone didn't like the cheesecake photos, here is a cheesecake video of Kate Upton
Gets Weekends Off
Joined APC: Jul 2006
Position: Boeing Hearing and Ergonomics Lab Rat, Night Shift
Posts: 1,724
And specify the annual raise as CPI plus a fixed number.
That way we hedge against inflation (likely to go up) and the fixed annual increase number is a lower number and easier to sell from a PR standpoint.
Think how credit cards index the interest rate as a fixed increase over a variable rate...
lets say CPI = +3.5%
Lets say fixed annual increase = 5%
Actual annual increase = 8.5%
Also make that annual increase for as long as the contract is in place. No more financial incentive to drag anything out...
Otherwise we're in a zero sum game and inflation will eat the majority of the percentage increase.
Cheers
George
Last edited by georgetg; 10-24-2011 at 10:06 PM. Reason: sequence of paragraphs
I think you're right regarding mergers, however when the majority of these groups are younger and have better relative seniority vs. Delta, we bottom dwellers will stagnate. The retirements won't help most of us because we will retire before them. The ironic part is Alaska pilots have had their seniority inflated due in part to its relationship with Delta, to the detriment of our pilot group. This same boost to their seniority would be used against us in the SLI. I do agree, I would rather have it in-house via merger vs. outsourced. My first choice is to reign in scope with this contract. Many are benefiting from the great outsourcing our contract allows except the mainline Delta pilot. No amount of money from RA will get a yes vote out of me unless scope is significantly reigned in. Scope is the gift that keeps on giving to MGT and other pilot groups, but has been the consistent boot in my arse! This worst part is we are only to blame.
I couldn't agree any more!!
Tightening SCOPE or recapturing it or I vote no. Now is the time to do it while mgmt says RJs are bad.
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
I get the feeling that is what our union is preparing us for. The company will certainly argue that the passage of time (and the JCBA) constitute a tacit acceptance of that position on our part. Accepting marginal pay and work rule improvements "over the life of a contract" will certainly reset the baseline.
I understand and agree with the ALPA stance on not publicizing our survey results and not publicizing our negotiating priorities. I can even live with not knowing what the opener is.
However, after the last two road shows I went to where I heard TO and other union guys be very critical of the APA, I get the feeling that they are of the opinion that aiming lower to get something now is better than negotiating for an extended period of time for (larger) gains they don't feel are achievable.
I understand and agree with the ALPA stance on not publicizing our survey results and not publicizing our negotiating priorities. I can even live with not knowing what the opener is.
However, after the last two road shows I went to where I heard TO and other union guys be very critical of the APA, I get the feeling that they are of the opinion that aiming lower to get something now is better than negotiating for an extended period of time for (larger) gains they don't feel are achievable.
The NMB is madly in love with profitable peer group comparison. There is no immaginable excuse, other than a public admission of inferior management, as to why we can't get SWA plus reasonable premiums in all areas including scope.
How much above in all areas is reasonable? Well that's what negotiations and the process of mediation are for.
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
Guessing 1.02 EPS....
$765 million dollar profit.
I'm so glad we've had our expectations managed downwards to 5% increase over bankruptcy save the company wages over 5 years.
My only question is you have Sailing, who is more pro-ALPA then pro-DPA , saying SWA pay ain't enough.
is that a minority or majority within the circle of DALPA? Because maybe DALPA realized this was coming and said, oh, survey extended because you couldn't vote on a China overnight and btw think about this as you insert your % increases. ?
One could only hope such a sly move was intentional.
I'm so glad we've had our expectations managed downwards to 5% increase over bankruptcy save the company wages over 5 years.
My only question is you have Sailing, who is more pro-ALPA then pro-DPA , saying SWA pay ain't enough.
is that a minority or majority within the circle of DALPA? Because maybe DALPA realized this was coming and said, oh, survey extended because you couldn't vote on a China overnight and btw think about this as you insert your % increases. ?
One could only hope such a sly move was intentional.
(RTTNews) - Delta Air Lines Inc. (DAL: News ) reported that its third-quarter net income was $549 million or $0.65 per share, up from $363 million or $0.43 per share in the same quarter last year.
Delta's net income for the latest quarter was $765 million or $0.91 per share, excluding special items. Analysts polled by Thomson Reuters expected the company to report earnings of $0.93 per share for the quarter. Analysts' estimates typically exclude special items.
The company posted special items totaling a $216 million charge in the latest quarter, primarily related to mark to market adjustments for open fuel hedges settling in future periods.
Total operating revenue for the quarter rose to $9.82 billion from $8.95 billion in the prior year quarter. Thirteen analysts had consensus revenue estimate of $9.73 billion for the quarter.
Delta's net income for the latest quarter was $765 million or $0.91 per share, excluding special items. Analysts polled by Thomson Reuters expected the company to report earnings of $0.93 per share for the quarter. Analysts' estimates typically exclude special items.
The company posted special items totaling a $216 million charge in the latest quarter, primarily related to mark to market adjustments for open fuel hedges settling in future periods.
Total operating revenue for the quarter rose to $9.82 billion from $8.95 billion in the prior year quarter. Thirteen analysts had consensus revenue estimate of $9.73 billion for the quarter.
Here's more good news...
-- The House voted Monday to exclude U.S. airlines from an emissions cap-and-trade program that the European Union plans to impose on all airlines flying to and from the continent beginning next year.
-- The House voted Monday to exclude U.S. airlines from an emissions cap-and-trade program that the European Union plans to impose on all airlines flying to and from the continent beginning next year.
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