Any "Latest & Greatest" about Delta?
10-25-2011, 05:15 AM
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 12,037
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.
None the less, bet I our stock gets pounded because we "missed."
I'm pleased with the numbers. Maybe our management will find some merit to getting into the airline business, instead of simply running a glorified travel booking service.
10-25-2011, 05:27 AM
Gets Weekends Off
Joined APC: Jan 2008
Position: 737A
Posts: 1,890
Our stock always dives on earnings day. A guy smarter than me could probably make some money on that pattern. Missed by .02c? sounds pretty good to me.
10-25-2011, 05:29 AM
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
Ual reports on Thurs and it will be good. That's the leverage dalpa (vis-a-vis ualpa) needs for significant gains. They will be leading the charge.
10-25-2011, 05:30 AM
Gets Weekends Off
Joined APC: Jan 2011
Posts: 403
It didn't say anything about organic growth. It implied some 737 airframes earlier than originally planned, and maybe some extra of those particular airframes eventually, but those were all replacement airframes in the first place.
The 777 rumor was extremely vague and besides I think its clear we are a 2 engine airline. We want out of the 4 engine business bad. That's what JV partners are for anyway. As for the ammendable date thing, even if he said that, what is his definition of agreement?
Status quo or worse scope? An outsourced 250+ fleet of DC-9-10 replaement jets on another seniority list? Route transfers to Alaska as we outsource 737-900's on high frequency dense markets between massive DL cities in exchange for a little bit more wide body flying (the most insane stratedgy ever)?
As for pay, does RA think our bankruptcy emergency survival loan contract is some new world order in the permantly changed landscape of pilot costs? And does he also think that he can throw full or partial cost of living adjustments on top of that and call it a "30% raise over the life of" and have that bold faced lie repeated and peddled by pilot leadership, all in the name of "constructive engagement" and getting an agreement by the ammendable date?
Or if we push for superior than SWA pay, work rules and scope, will he "put his game face on" and get nasty?
I'm sure he wants an agreement by the ammendable date. Every CEO in the nation does. The question is what kind of an agreement. SWA+ pay, rates and W-2, full and complete cost of living on top of that, very significant scope recapture at all levels and work rule improvements across the board, fix our pathetic vacation and use it or lose it sick time give back program and several other things and he can have a quick CBA by the ammendable date. But somehow I doubt he would be so labor friendly in that case.
We outsource WAY too many pilot jobs, at all levels. We earn WAY too little. Our vacation and work rules need significant improvements. And COLA IS NOT A RAISE.
If we can all agree on that, a quick contract is very possible. If a quick contract does not happen, you can bet it is because RA does not agree to those basic facts and is playing car salesman to get us in a new CBA today.
The 777 rumor was extremely vague and besides I think its clear we are a 2 engine airline. We want out of the 4 engine business bad. That's what JV partners are for anyway. As for the ammendable date thing, even if he said that, what is his definition of agreement?
Status quo or worse scope? An outsourced 250+ fleet of DC-9-10 replaement jets on another seniority list? Route transfers to Alaska as we outsource 737-900's on high frequency dense markets between massive DL cities in exchange for a little bit more wide body flying (the most insane stratedgy ever)?
As for pay, does RA think our bankruptcy emergency survival loan contract is some new world order in the permantly changed landscape of pilot costs? And does he also think that he can throw full or partial cost of living adjustments on top of that and call it a "30% raise over the life of" and have that bold faced lie repeated and peddled by pilot leadership, all in the name of "constructive engagement" and getting an agreement by the ammendable date?
Or if we push for superior than SWA pay, work rules and scope, will he "put his game face on" and get nasty?
I'm sure he wants an agreement by the ammendable date. Every CEO in the nation does. The question is what kind of an agreement. SWA+ pay, rates and W-2, full and complete cost of living on top of that, very significant scope recapture at all levels and work rule improvements across the board, fix our pathetic vacation and use it or lose it sick time give back program and several other things and he can have a quick CBA by the ammendable date. But somehow I doubt he would be so labor friendly in that case.
We outsource WAY too many pilot jobs, at all levels. We earn WAY too little. Our vacation and work rules need significant improvements. And COLA IS NOT A RAISE.
If we can all agree on that, a quick contract is very possible. If a quick contract does not happen, you can bet it is because RA does not agree to those basic facts and is playing car salesman to get us in a new CBA today.
I will personally pay $500 to Gloopy if he finds a way to become MEC Chairman. That's a small investment for the kind of improvements this viewpoint could make in our careers. It wouldn't take too many of us contributing $500 to make up a sizeable bonus for him. He won't even need FPL! Who is with me?!
10-25-2011, 05:35 AM
Gets Weekends Off
Joined APC: Jan 2007
Position: 5-9 block, kill removing
Posts: 385
^^^^
I will personally pay $500 to Gloopy if he finds a way to become MEC Chairman. That's a small investment for the kind of improvements this viewpoint could make in our careers. It wouldn't take too many of us contributing $500 to make up a sizeable bonus for him. He won't even need FPL! Who is with me?!
I will personally pay $500 to Gloopy if he finds a way to become MEC Chairman. That's a small investment for the kind of improvements this viewpoint could make in our careers. It wouldn't take too many of us contributing $500 to make up a sizeable bonus for him. He won't even need FPL! Who is with me?!
Do I make the check out to "Gloopy", or is it "Gloopy LLC" for tax purposes?
10-25-2011, 05:39 AM
Gets Weekends Off
Joined APC: Feb 2008
Posts: 19,590
$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.
Actually if it came out that SWA pay is not enough I did not explain myself correctly. What I am saying is that achieving SWA pilots costs is not enough. No matter what the forum legends are on SW when we are before the NMB the actual numbers will be used. If we offered the company SWA pilot costs verses are 2 man pilot costs the company would sign that minute. In the last reported year SWA pilots average 166,000 in pay. Delta pilots average 142,000 in pay. Add in the 5 percent difference in DC money and the numbers are not that far apart.
What I put in my survey is that I would like to see us attempt to achieve SWA pilot pay rates on the MD88 with the rest of the fleets adjusted accordingly. That will put our actual block hour pilot costs quite a bit above SW. I also wanted significant raises each year of the contract in addition to the upfront raise.
Having asked quite a few pilots what they put down as a acceptable raise I can tell you that out of around 10 guys I was on the high side. Only 1 asked for more then I did in the survey. Not really a valid sample but I will bet money the average pilot in the survey fell in the 15 to 20 percent raise category.
10-25-2011, 06:07 AM
Gets Weekends Off
Joined APC: Aug 2010
Posts: 2,530
Having asked quite a few pilots what they put down as a acceptable raise I can tell you that out of around 10 guys I was on the high side. Only 1 asked for more then I did in the survey. Not really a valid sample but I will bet money the average pilot in the survey fell in the 15 to 20 percent raise category.
10-25-2011, 06:08 AM
Gets Weekends Off
Joined APC: Jun 2007
Position: 7ER Capt
Posts: 461
First, very bad sign that the union has to extend the deadline...seriously? Second, we are a cash business...let's break our pay paradigm and get a per cent of the gross. Let's be a true cost of doing business like all the other vendors (boeing, airbus, ge, catering, etc.).
Now as far as the survey, from a 24yr 767 captain:
1. Significant reduction in scoped out flying, without it nothing else matters.
2. 40% day one. 5%/yr til next contract is signed.
3. 6hr/calendar day for all work events. i.e. fly, dh only day, suit up pay, layover only day, initial qual, cq, vacation day, everything is 6hr/calendar day!
4. 75hr guarantee reg/res.
5. Reg/res get paid the same on same rotation.
6. Return seniority to res. If it requires more pilots, so be it.
7. 23k goes to bottom of 23n & 23o coverage ladders. Also, must return within 4hrs domestic/ 6hrs int'l or midnight, whichever is EARLIER.
8. 401k filled to 415c limits by the company. In addition, for every dollar that goes in the north retirement fund for the select few, a dollar goes into a fund for the north/south guys that are not a part of this benefit.
9. Sick leave/ disability back to C2K.
10. Medical/Dental premiums/co-pays greatly reduced.
11. Eliminate agency shop...a line puke's only way to maintain a true check & balance on the union.
12. Stop signing NDAs...we are a public company...most information is readily availabe...NDAs promote the "trust me, I've got a secret, but I can't tell you" that greatly increases the mistrust from the line.
13. The union must stop accepting pay from the company...complete conflict of interest...I will gladly pay dues to cover our costs.
I am willing to massage these a "little", but not much.
These are my thoughts...not a personal attack on anyone/anything.
Good luck to us all.
Now as far as the survey, from a 24yr 767 captain:
1. Significant reduction in scoped out flying, without it nothing else matters.
2. 40% day one. 5%/yr til next contract is signed.
3. 6hr/calendar day for all work events. i.e. fly, dh only day, suit up pay, layover only day, initial qual, cq, vacation day, everything is 6hr/calendar day!
4. 75hr guarantee reg/res.
5. Reg/res get paid the same on same rotation.
6. Return seniority to res. If it requires more pilots, so be it.
7. 23k goes to bottom of 23n & 23o coverage ladders. Also, must return within 4hrs domestic/ 6hrs int'l or midnight, whichever is EARLIER.
8. 401k filled to 415c limits by the company. In addition, for every dollar that goes in the north retirement fund for the select few, a dollar goes into a fund for the north/south guys that are not a part of this benefit.
9. Sick leave/ disability back to C2K.
10. Medical/Dental premiums/co-pays greatly reduced.
11. Eliminate agency shop...a line puke's only way to maintain a true check & balance on the union.
12. Stop signing NDAs...we are a public company...most information is readily availabe...NDAs promote the "trust me, I've got a secret, but I can't tell you" that greatly increases the mistrust from the line.
13. The union must stop accepting pay from the company...complete conflict of interest...I will gladly pay dues to cover our costs.
I am willing to massage these a "little", but not much.
These are my thoughts...not a personal attack on anyone/anything.
Good luck to us all.
Last edited by LivingTheDream; 10-25-2011 at 08:30 AM.
10-25-2011, 06:22 AM
Gets Weekends Off
Joined APC: Jul 2006
Position: Gear Monkey
Posts: 218
First, very bad sign that the union has to extend the deadline...seriously? Second, we are a cash business...let's break our pay paradigm and get a per cent of the gross. Let's be a true cost of doing business like all the other vendors (boeing, airbus, ge, catering, etc.).
Now as far as the survey, from a 24yr 767 captain:
1. Significant reduction in scoped out flying, without it nothing else matters.
2. 40% day one. 5%/yr til next contract is signed.
3. 6hr/calendar day for all work events. i.e. fly, dh only day, suit up pay, layover only day, initial qual, cq, vacation day, everything is 6hr/calendar day!
4. 75hr guarantee reg/res.
5. Reg/res get paid the same on same rotation.
6. Return seniority to res. If it requires more pilots, so be it.
7. 23k goes to bottom of 23n & 23o coverage ladders. Also, must return within 4hrs domestic/ 6hrs int'l or midnight, whichever is EARLIER.
8. 401k filled to 415c limits by the company.
9. Sick leave/ disability back to C2K.
10. Medical/Dental premiums/co-pays greatly reduced.
11. Eliminate agency shop...a line puke's only way to maintain a true check & balance on the union.
12. Stop signing NDAs...we are a public company...most information is readily availabe...NDAs promote the "trust me, I've got a secret, but I can't tell you" that greatly increases the mistrust from the line.
13. The union must stop accepting pay from the company...complete conflict of interest...I will gladly pay dues to cover our costs.
I am willing to massage these a "little", but not much.
Good luck to us all.
Now as far as the survey, from a 24yr 767 captain:
1. Significant reduction in scoped out flying, without it nothing else matters.
2. 40% day one. 5%/yr til next contract is signed.
3. 6hr/calendar day for all work events. i.e. fly, dh only day, suit up pay, layover only day, initial qual, cq, vacation day, everything is 6hr/calendar day!
4. 75hr guarantee reg/res.
5. Reg/res get paid the same on same rotation.
6. Return seniority to res. If it requires more pilots, so be it.
7. 23k goes to bottom of 23n & 23o coverage ladders. Also, must return within 4hrs domestic/ 6hrs int'l or midnight, whichever is EARLIER.
8. 401k filled to 415c limits by the company.
9. Sick leave/ disability back to C2K.
10. Medical/Dental premiums/co-pays greatly reduced.
11. Eliminate agency shop...a line puke's only way to maintain a true check & balance on the union.
12. Stop signing NDAs...we are a public company...most information is readily availabe...NDAs promote the "trust me, I've got a secret, but I can't tell you" that greatly increases the mistrust from the line.
13. The union must stop accepting pay from the company...complete conflict of interest...I will gladly pay dues to cover our costs.
I am willing to massage these a "little", but not much.
Good luck to us all.
10-25-2011, 06:23 AM
veut gagner à la loterie
Joined APC: Apr 2008
Position: Light Chop
Posts: 23,286
It's a bad sign that it had to be extended yes but given the Q3 earnings report it may give some a chance to rethink their positions as theyre looking at their USAToday abd screaming... or mumbling... "pay me then! Huh? Survey? What survey?" 
The real bad sign is guys asking for 15-25%. I take that's over 5 years? So 9 year FOs still will just be making $100,000 in 2017? I know that's min res on the lowest paying jet and one can always WS and trip park to higher pay.
The real bad sign is guys asking for 15-25%. I take that's over 5 years? So 9 year FOs still will just be making $100,000 in 2017? I know that's min res on the lowest paying jet and one can always WS and trip park to higher pay.
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