Any "Latest & Greatest" about Delta?
10-27-2011, 05:46 AM
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
10-27-2011, 05:49 AM
Can't abide NAI
Joined APC: Jun 2007
Position: Douglas Aerospace post production Flight Test & Work Around Engineering bulletin dissembler
Posts: 12,037
One funny aspect of it was that TWO MONTHS later, while non reving back from a hike in Banff the Royal Canadian Mounted Police detected "bomb making materials" on our infant and considered taking her into custody until we explained the whole story. Those sniffers at the airport work amazingly well.
10-27-2011, 05:59 AM
Gets Weekends Off
Joined APC: Oct 2010
Position: New to mother D
Posts: 123
Nice work with threatening service of process in a personal setting. Funny how people get motivated to do the right thing when they might have to be held personally accountable for how they put food on the table, rather than hiding behind a lawyer.
It was some rapper, I think JayZ, who in an interview said he preferred the illegal drug business to the music industry. He said on the street, a handshake and your word meant something... and if you broke your word there were consequences. Not so in the music industry, he said people lie to your face and hide behind lawyers. It seems that's pretty much how business in America works.
I have a lawyer in the family, he calls this behavior the "flinch test." Most people bend over and pay. Once you engage a lawyer, your letters go to a whole different level in the company and they do a quick cost benefit analysis of the case, and at least come to the table with an offer.
At any rate, It's too bad you had to go through all that.
10-27-2011, 05:59 AM
Gets Weekends Off
Joined APC: Dec 2009
Position: Capt
Posts: 2,049
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.
Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.
FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.
Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
10-27-2011, 06:17 AM
Gets Weekends Off
Joined APC: Apr 2005
Position: 767ER capt
Posts: 1,190
Who wrote this again? Oct 2:
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.
Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.
FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.
Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.
Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.
FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.
Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
10-27-2011, 06:40 AM
Gets Weekends Off
Joined APC: Sep 2007
Position: B737 CA
Posts: 1,518
How can they ever do that? The entire reason there is a DCI in the first place is to whipsaw DCI carriers against DCI carriers. There really isn't even any DCI versus Mainline whipsaw anyway, as DCI automatically underbids and gets the work so it comes down to DCI vs DCI.
This has been tried before and never got off the ground. In fact the race to the bottom only accelerated as ACMI providers shoved each other aside to win the next RFP. Pay for training has been replaced with pay for flight time and pay for upgrade. Any DCI carrier that tries to raise the bar in any significant way for any length of time is punished severely. Some contractual gains are seen from time to time, but they are modest and quite often given back before the ammendable date anyway.
RFP's aren't just for growth flying anymore. They are for current flying and the cheapest wins. That DCI carrier at the alliance meeting sitting right next to your guy will underbid your group in a second when the time comes and if he doesn't, you will uderbid him and he knows it.
There is nothing any alliance can do to change the fact that DCI flying is a zero sum game and every plane one carrier gets another carrier doesn't get. There will always be a pilot group willing to "deal management an ace" to get the work. Always. Also from time to time, new DCI carriers will be signed on as well as created from thin air if necessary, where everything is cheaper and everyone is on first year pay.
How will an alliance convince one DCI carrier to overbid another knowing the one that underbid them got the work? How will a DCI alliance stop non DCI airlines from putting in a lower bid? How will it stop new DCI's from being created?
This is a mainline problem and the solution has to be a mainline solution. Mainline and DCI can collaborate to a point, but anything greater than a staple with some reasonable DCI protections is a non starter. Yet even that requires 100% mainline bargaining to secure for it to have any real meaning (scope recapture). Only mainline pilot groups can fix this by reclaiming scope. There is no other way.
This has been tried before and never got off the ground. In fact the race to the bottom only accelerated as ACMI providers shoved each other aside to win the next RFP. Pay for training has been replaced with pay for flight time and pay for upgrade. Any DCI carrier that tries to raise the bar in any significant way for any length of time is punished severely. Some contractual gains are seen from time to time, but they are modest and quite often given back before the ammendable date anyway.
RFP's aren't just for growth flying anymore. They are for current flying and the cheapest wins. That DCI carrier at the alliance meeting sitting right next to your guy will underbid your group in a second when the time comes and if he doesn't, you will uderbid him and he knows it.
There is nothing any alliance can do to change the fact that DCI flying is a zero sum game and every plane one carrier gets another carrier doesn't get. There will always be a pilot group willing to "deal management an ace" to get the work. Always. Also from time to time, new DCI carriers will be signed on as well as created from thin air if necessary, where everything is cheaper and everyone is on first year pay.
How will an alliance convince one DCI carrier to overbid another knowing the one that underbid them got the work? How will a DCI alliance stop non DCI airlines from putting in a lower bid? How will it stop new DCI's from being created?
This is a mainline problem and the solution has to be a mainline solution. Mainline and DCI can collaborate to a point, but anything greater than a staple with some reasonable DCI protections is a non starter. Yet even that requires 100% mainline bargaining to secure for it to have any real meaning (scope recapture). Only mainline pilot groups can fix this by reclaiming scope. There is no other way.
10-27-2011, 06:42 AM
Back on TDY
Joined APC: Apr 2008
Position: 747-400 Captain
Posts: 12,487
Thanks Carl, but it was a little too personal and it still really upsets me.
One funny aspect of it was that TWO MONTHS later, while non reving back from a hike in Banff the Royal Canadian Mounted Police detected "bomb making materials" on our infant and considered taking her into custody until we explained the whole story. Those sniffers at the airport work amazingly well.
One funny aspect of it was that TWO MONTHS later, while non reving back from a hike in Banff the Royal Canadian Mounted Police detected "bomb making materials" on our infant and considered taking her into custody until we explained the whole story. Those sniffers at the airport work amazingly well.
Carl
10-27-2011, 06:49 AM
Gets Weekends Off
Joined APC: Jan 2008
Position: blueJet
Posts: 4,535
10-27-2011, 06:53 AM
Everyday is a weekend!
Joined APC: Jul 2008
Position: Seasonal Help
Posts: 317
Who wrote this again? Oct 2:
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later."
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later."
10-27-2011, 06:54 AM
At home on the maddog!
Joined APC: Mar 2009
Position: ATL MD-88A
Posts: 2,874
Who wrote this again? Oct 2:
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.
Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.
FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.
Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
"If you haven't set up a brokeragelink do it first thing monday morning. Put all available investable assets there (sitting in a tax exempt moneymarket trust). The market is going to fall off a cliff within the next 2 weeks... sooner rather than later.
Wait for the market to hit bottom...by 3rd week in Oct. Buy a good 3X etf like tna or erx. Plan to sell in april sometime and shift your holdings to a 3X inverse etf like FAZ. Rinse repeat. Not much babysitting required.
FWIW, from the guy who bought erx monday (not friday) at 30.80 and sold tues for 38, a 25% gain in two days in full view of you folks.
Again, not investment advice, do your own due diligence, your mileage may vary, you are responsible for your own actions, etc."
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