Any "Latest & Greatest" about Delta?
Gets Weekends Off
Joined APC: Jun 2007
Position: CA
Posts: 1,207
Hopefully there will be no additional mergers on the horizon for SWA. SWAPA wanted no part of this one. Scope will not be relaxed in the future to enable management an ability to easily grow the airline externally. Surely you can see that controlling external growth is a huge benifit to the pilot group considering what is occurring at your own airline presently. The membership is already clamoring to increase the mergers and acquisition protections in our upcoming section 6 negotiations.
To answer the question as to what did we get other than seniority, we got the addition of the beneficial assets that AT brought to the table that management was after in the first place. On the seniority front we got an initial bump that will slowly be eroded away to the equivalent of an additional .02% gain at the time of my retirement for me personally over where I would have been with a stand alone SWA. In order to get more than that in the form of contractual improvements or compensation improvements we would have had to offer scope concessions to achieve those benefits. That option was never on the table, nor should it have been.
Yes we did get something and I am thankful for that, but,the banckruptcy payout was peanuts compared to what some of us would have accrued. It really depended on how long one had remaining to fly. Some of us were kind of in the dead zone. Not many years until retirement, yet not very much of a pay out either. Secondly, all of the pretend (Preferred ESOP) stock DAL was using to fund our 401k's was vaporized. Additionally, unless one put that pay out money in a shoe box waiting for the laws regarding taxing it to change, nearly all of it was taxable income added to one's normal year's earnings. That meant a very high tax rate for most of that money. Thirty plus percent of it was given to the Governement to spend. There were also some other smaller tax benefits that we didn't qualify for because of the pay outs, but that's a whole nother animal. Also, the PBGC account (if it is actually there when we retire) is about a third to half of the promised and earned annuity pay out. Better than nothing as you say, but still a kick to the financial groin.
Banned
Joined APC: Jul 2006
Position: Space Shuttle PIC
Posts: 2,007
Yep, and it will be my third MD too. Hate training, and hate commuting more, but the options are getting smaller and smaller that I may forced in to a commute. I really do not want to sit reserve on a NB jet and take that sort of pay cut. It may force me in to commuting from ATL, and that is just plain crazy, but I will do it.
Rough math is about a 35K-40K a year pay difference to be a line holder. With kids in school, taking a pay cut like that is a non starter. I will just put my card in and let the chips fall where they may. Probably NYC 73N.
Rough math is about a 35K-40K a year pay difference to be a line holder. With kids in school, taking a pay cut like that is a non starter. I will just put my card in and let the chips fall where they may. Probably NYC 73N.
Line Holder
Joined APC: May 2011
Position: FO
Posts: 57
Yep. Even if you take the train/bus for 3 dollars (Or whatever it is) adds up. And sometimes, the amount of time spent on those things makes it not worth it and makes you get a cab which is at least 20 dollars. Even the Kew runner is 7 dollars. Add all this up, plus the food, it is AT LEAST (Most of the time MORE) 500 dollars to commute.
Doing Nothing
Joined APC: Aug 2010
Posts: 1,316
Some good ones near LGA. I would recommend Kew Gardens if you're not gonna have a car up there. I had a pad near LGA but mostly flew out of JFK on the 88 and it's $20-25 for a car to JFK from near LGA. I'm gonna get a beater if I get pushed back up there.
Gets Weekends Off
Joined APC: Sep 2006
Position: Starboard Side, weekends & holidays.
Posts: 856
I would prefer that, but they are taking too many seats off of the 320. Of course I will have my 777B MD in!
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