Details on Delta TA
05-07-2015, 10:59 AM
#3971
Gets Weekends Off
Joined APC: Feb 2009
Position: right for a long, long time
Posts: 2,642
10% of $2B= 200m
pilots are roughly 35% of the pool.
35% of 200m = 70m
1% of pay is around 25-27m
So 70m/27 = roughly 2.59%
Not a gain or loss... Just a move.
05-07-2015, 11:07 AM
#3973
Gets Weekends Off
Joined APC: May 2012
Posts: 1,418
That's about 25% over 3 years. We needed 18% to match American and they are two years behind us for the next contract. PS would still be 2-3 months each based on estimates using Jerry's numbers. That puts ER FO up to almost $200 an hour or so with override which was C2K Tristar pay. $230K-$260K a year with an 87 average and PS. Easy $300K plus with only a few Greenies and no busting my knots.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS.
I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS.
I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
05-07-2015, 11:10 AM
#3974
Gets Weekends Off
Joined APC: May 2012
Posts: 1,418
Do we credit for saving the company money when the other employees get their profit sharing cut?
05-07-2015, 11:17 AM
#3976
Gets Weekends Off
Joined APC: Jul 2011
Posts: 165
Except that it's not 25%.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20%
Of that 20% the company will cut profit sharing to other employees and save the company 10%.
Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever.
Doesn't sound like they really want a deal.
05-07-2015, 11:36 AM
#3979
Works Every Weekend
Joined APC: Dec 2007
Position: 737 ATL
Posts: 3,506
Bastian will tell the analysts that the new pilot contract is not only self-funded, if you count the loss of profit sharing for all employees then the company will actually have lower labor costs if ALPA signs this deal.
Now that right there is some constructive engagement.
05-07-2015, 11:53 AM
#3980
The Brown Dot +1
Joined APC: Jun 2009
Position: 777B
Posts: 7,775
We'll get credit on the next earnings call.
Bastian will tell the analysts that the new pilot contract is not only self-funded, if you count the loss of profit sharing for all employees then the company will actually have lower labor costs if ALPA signs this deal.
Now that right there is some constructive engagement.
Bastian will tell the analysts that the new pilot contract is not only self-funded, if you count the loss of profit sharing for all employees then the company will actually have lower labor costs if ALPA signs this deal.
Now that right there is some constructive engagement.
This is more than a rumor.
Write your reps!
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