Any "Latest & Greatest" about Delta?
12-06-2011, 05:14 PM
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Carl
12-06-2011, 05:20 PM
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12-06-2011, 05:21 PM
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Geeze this thread $ucks anymore.
Carl, Slow, Alfa......thanks for answering the real question I asked several pages back.
KMA Motherz
Ferd
Carl, Slow, Alfa......thanks for answering the real question I asked several pages back.
KMA Motherz
Ferd
12-06-2011, 05:25 PM
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Those bureaucrats then salvaged $1.3 billion in real cash from the equity claim and another $650 million when the pension terminated. They got 3 years of 415C contributions to the retirement plan pre-tax, and helped get a Roth option for the total value of the remainder. They fought off a hostile takeover that would have furloughed 1500 of the 6800 remaining Delta pilots. They helped engineer a merger with another post-bankruptcy airline that increased compensation for their members by 22% and put 50 million shares of company stock in their pockets.
Why don't you post how many 10's of billions of dollars this pilot group has given up over the past decade in pay cuts, loss of pay due to stagnation caused by outsourcing, and loss of retirement benefits? Why don't you post where our current W2 buying power is compared with where it was prior to the pay cuts? (Hint: that "22%" you brag about amounts to essentially a COLA to our bankruptcy/emergency pay rates.) It should also be noted that the vast majority of the note, claim dollars, and equity stock went into our retirement accounts. It was a nice boost to those accounts, to be sure. But when contrasted with the loss of our pension and the performance of the market these past few years, most in this pilot group probably come out behind.... some way behind.So, in essence, the real accomplishment of DALPA is that you did something unique. Something that had never been done before. You got "gains" as part of a merger. And you did it using "proactive engagement." A novelty that while it appears impressive on the surface, when viewed in the context of the big picture, we're all left holding the bag with diminished retirement accounts for most and W2 buying power that is about 40% below what we had a decade ago. Most of us can afford a standard of living for our families that is consistent with what we could afford during the darkest days of Delta's bankruptcy.
But congratulations! At least you have something for your resume, should you ever need a job with that Swelbar dude. (do they make an emoticon for "disgusted?")
12-06-2011, 05:26 PM
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As usual, you're clueless to the facts. You continue your bush(wood) league attacks to blow up your own golf course, just as in your movie.
The "bureaucrats" you malign while taking a swipe at me came into office after the tough typists like you had given away 32.5% of our pay. Those tough guys had typed how they were going to protect the pension, then were stunned when it went into liquidity shortfall. Then that group told everyone to "remain calm, all is well," then jumped into early retirement and the PRP program in the 3 months prior to bankruptcy. Real tough, those guys.
Those bureaucrats then salvaged $1.3 billion in real cash from the equity claim and another $650 million when the pension terminated. They got 3 years of 415C contributions to the retirement plan pre-tax, and helped get a Roth option for the total value of the remainder. They fought off a hostile takeover that would have furloughed 1500 of the 6800 remaining Delta pilots. They helped engineer a merger with another post-bankruptcy airline that increased compensation for their members by 22% and put 50 million shares of company stock in their pockets. And except for companies that haven't gone bankrupt (like FedEx, UPS, and SWA) the pay they negotiated leads the rest of the passenger industry. Oh, and Delta was the only legacy airline not to furlough during the 2008 economic downturn.
I'll take those type of bureaucrats over a keyboard ninja like you anyday. With your history, you must be so proud...
"Crushing our hopes"... that's rich. You must be one really weak dude.
The "bureaucrats" you malign while taking a swipe at me came into office after the tough typists like you had given away 32.5% of our pay. Those tough guys had typed how they were going to protect the pension, then were stunned when it went into liquidity shortfall. Then that group told everyone to "remain calm, all is well," then jumped into early retirement and the PRP program in the 3 months prior to bankruptcy. Real tough, those guys.
Those bureaucrats then salvaged $1.3 billion in real cash from the equity claim and another $650 million when the pension terminated. They got 3 years of 415C contributions to the retirement plan pre-tax, and helped get a Roth option for the total value of the remainder. They fought off a hostile takeover that would have furloughed 1500 of the 6800 remaining Delta pilots. They helped engineer a merger with another post-bankruptcy airline that increased compensation for their members by 22% and put 50 million shares of company stock in their pockets. And except for companies that haven't gone bankrupt (like FedEx, UPS, and SWA) the pay they negotiated leads the rest of the passenger industry. Oh, and Delta was the only legacy airline not to furlough during the 2008 economic downturn.
I'll take those type of bureaucrats over a keyboard ninja like you anyday. With your history, you must be so proud...
"Crushing our hopes"... that's rich. You must be one really weak dude.
Carl
12-06-2011, 05:31 PM
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Carl,
First off, I agree with you 90+ % of the time. One question on the balance sheet as it does give me cause for concern. Maybe you can help.
Asset - Approx 9.8B in goodwill
Ours is much larger than others (AMR has none).
Is this really an asset and how is it calculated?
UAL is 4.5B...
Just asking (trying to understand)
First off, I agree with you 90+ % of the time. One question on the balance sheet as it does give me cause for concern. Maybe you can help.
Asset - Approx 9.8B in goodwill
Ours is much larger than others (AMR has none).
Is this really an asset and how is it calculated?
UAL is 4.5B...
Just asking (trying to understand)
Carl
12-06-2011, 05:35 PM
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I'll shut up for a while.
Carl
12-06-2011, 05:35 PM
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I've been trying to find an answer to your shadow bid question. I think you now can bid for trips in the SEA 330 category, even if you arent qualified. You'll be paid for what you're awarded, even if OE isn't complete yet. I'm still looking, because I think the rules on this recently changed. (For the better)
12-06-2011, 05:40 PM
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Ferd,
I've been trying to find an answer to your shadow bid question. I think you now can bid for trips in the SEA 330 category, even if you arent qualified. You'll be paid for what you're awarded, even if OE isn't complete yet. I'm still looking, because I think the rules on this recently changed. (For the better)
I've been trying to find an answer to your shadow bid question. I think you now can bid for trips in the SEA 330 category, even if you arent qualified. You'll be paid for what you're awarded, even if OE isn't complete yet. I'm still looking, because I think the rules on this recently changed. (For the better)
LOA 29. Those in training can now bid for a line and will paid and credited for the time they are in training. It gets rid of blank lines of time etc. Look up LOA 29 and the associated Negotiator's Note Pad.
12-06-2011, 05:42 PM
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I can understand your need to highlight what you bureaucrats did while disparaging the ones that came before you. It's important for you to get us to forget about the fact that those you disparage got Delta pilots the industry's leading contract. It's also important for you to get us to forget that you current crop of bureaucrats now lead the industry in outsourcing the jobs of the people you represent. You also need to get us to forget how you bureaucrats just took our lawful resolution on flight pay loss and killed it. Far too important for you to continue to hide behind secrecy rather than show us what you guys actually get paid.
Carl
Carl
Where's your contribution?
With all the vitriol and rhetoric that pizzed off brother Ferd, I'm sure you've done ...something...Oh, what I'm told is that your lawful resolutions went through the democratic process and were either defeated or acted upon...it's not the Detroit Pilot's Association after all, ninja, the other councils have a vote too.
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