Details on Delta TA
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
No one wanted to be the plug in a brand new category the first few months after it opened. That happens from time to time. Its still a VERY senior airplane though, and its highly likely it not only won't go that junior again, but that the 2 or 3 2014ish pilots in it now will be displaced.
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
The rapid 6B in "shareholder return" during a time when we still have desperate needs in internal investment as well as an open pilot contract. They put it in a warehouse and lit it on fire just so we can't have it. They just wasted 6 billion dollars, largely on peak value buybacks that do nothing for a company long term, out Leo-ing Leo himself.
In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
Gets Weekends Off
Joined APC: Aug 2007
Position: undefined
Posts: 328
Now Clinic
Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
The rapid 6B in "shareholder return" during a time when we still have desperate needs in internal investment as well as an open pilot contract. They put it in a warehouse and lit it on fire just so we can't have it. They just wasted 6 billion dollars, largely on peak value buybacks that do nothing for a company long term, out Leo-ing Leo himself.
In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
In the industry most needing to save for a rainy day, and it rains hard from time to time, this will be our Waterloo. Biggest mistake this management team has made, and a huge slap in the face of all employees especially the pilots as we're trying to decide on a massively concessionary TA.
Leave the contract out of it for a second. It is YOUR opinion that we need more "internal investment", so let's roll with that first. Are you referring to employees pay and bennies? We are -allegedly- (I am having trouble keeping up with rampers' and FA pay) the highest paid in the industry, or at least very close to the top. What makes you think that the company needs to invest more in that area? Or are you talking about CAPEX and facilities?
Buybacks are to placate investors. They own the company. You and I just work here. When they see 25% of the profits being paid in bonus monies, they are thinking "that's more than enough, where's my ROI?" True. DAL has been printing money this year and last year. Why do you think you and I are more "entitled" to that than the owners? The share buybacks are not nearly as nefarious as some are making them out to be. There's plenty of money to go around, and we'll get our share, but to complain about the return to shareholders is nuts.
Waterloo has been bypassed by having low debt. It's gonna be interesting to watch the industry in the next economic downturn. I'll take $5B in debt over $20B in debt all day long.
Gets Weekends Off
Joined APC: Jul 2010
Position: window seat
Posts: 12,544
Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
Also, the 15 days unverified is really 14 days, since the 15th day is the trigger. And since that's in a rolling 365 day period, statistically you will almost never get to use all 14 in a calendar year without bumping up against the rolling year.
Oh and even if you verify it, and assuming its verifiable, and assunimg they accept it, you still have to pay.
Worst section in the entire TA, and easily, easily the single biggest single issue no vote, by far.
Isnt it strange that on the front page of DL Net they have an article pushing the benefits of this new program. One that is specifically excluded from the verification of illness requirements on this TA?
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
While I realize there are other employees that can take advantage of this program, we cannot (or should not).
Sick verification aside, don't think that any of your medical records are private if the company is paying the bill. Meaning, if you use Delta's health plans, they already know what medications you are taking, what tests were prescribed. Delta is a self funding inured. They may not know the diagnosis, but they know too much in my opinion.
Banned
Joined APC: Apr 2010
Posts: 394
This is solely for debate purposes.
Leave the contract out of it for a second. It is YOUR opinion that we need more "internal investment", so let's roll with that first. Are you referring to employees pay and bennies? We are -allegedly- (I am having trouble keeping up with rampers' and FA pay) the highest paid in the industry, or at least very close to the top. What makes you think that the company needs to invest more in that area? Or are you talking about CAPEX and facilities?
Buybacks are to placate investors. They own the company. You and I just work here. When they see 25% of the profits being paid in bonus monies, they are thinking "that's more than enough, where's my ROI?" True. DAL has been printing money this year and last year. Why do you think you and I are more "entitled" to that than the owners? The share buybacks are not nearly as nefarious as some are making them out to be. There's plenty of money to go around, and we'll get our share, but to complain about the return to shareholders is nuts.
Waterloo has been bypassed by having low debt. It's gonna be interesting to watch the industry in the next economic downturn. I'll take $5B in debt over $20B in debt all day long.
Leave the contract out of it for a second. It is YOUR opinion that we need more "internal investment", so let's roll with that first. Are you referring to employees pay and bennies? We are -allegedly- (I am having trouble keeping up with rampers' and FA pay) the highest paid in the industry, or at least very close to the top. What makes you think that the company needs to invest more in that area? Or are you talking about CAPEX and facilities?
Buybacks are to placate investors. They own the company. You and I just work here. When they see 25% of the profits being paid in bonus monies, they are thinking "that's more than enough, where's my ROI?" True. DAL has been printing money this year and last year. Why do you think you and I are more "entitled" to that than the owners? The share buybacks are not nearly as nefarious as some are making them out to be. There's plenty of money to go around, and we'll get our share, but to complain about the return to shareholders is nuts.
Waterloo has been bypassed by having low debt. It's gonna be interesting to watch the industry in the next economic downturn. I'll take $5B in debt over $20B in debt all day long.
After all, like pilots have been told in the past - A CONTRACT, IS A CONTRACT.
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
What are you talking about? We are not talking about our current contract or even a TA. Management paying us is not the issue here. We are talking about why it is so egregious to be paying the owners of the company before paying the hired help a bigger piece of the pie. I don't think management will renege on their obligations to pay the profit sharing that we have coming in the event of voting down the TA. Do you?
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