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Old 06-09-2015, 12:07 PM
  #6731  
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Originally Posted by APCLurker
Thanks for the info.


1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.

1/5 th. the amount........

I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.

Unbelievable.
Because buybacks at peak value deep into a bull run have never amounted to anything other than a short term pump and dump effect for those few people paid with stock and flippers/short term players with zero loyality to a company or its stock.

Wait, what was the question?
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Old 06-09-2015, 12:08 PM
  #6732  
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Originally Posted by Professor
Reference my post above, its not as bad as you think. In fact its a pretty good solution to the JV numbers.
How? Please explain in detail. I was at the meeting, heard their explanation, and I still don't see how switching from EASK to block hours could possibly be a good thing.
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Old 06-09-2015, 12:09 PM
  #6733  
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Originally Posted by formerdal
OK, so what is it today? How much of a reduction does this TA allow?
I'm not sure. Hopefully none!

Something else I have to find out before I set my hair on fire.
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Old 06-09-2015, 12:09 PM
  #6734  
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Originally Posted by GunshipGuy
^^^^^^^ my sentiments exactly!!!!!!
I am so ****ed about the PS!!!! Can't our NC and MEC hold the line on ANYTHING, especially the one thing(maybe scope also)that was probably our biggest priority???? VOTE NO!!!!!!
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Old 06-09-2015, 12:10 PM
  #6735  
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Originally Posted by gloopy
Because buybacks at peak value deep into a bull run have never amounted to anything other than a short term pump and dump effect for those few people paid with stock and flippers/short term players with zero loyality to a company or its stock.

Wait, what was the question?

LOL.....no kidding.
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Old 06-09-2015, 12:10 PM
  #6736  
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Originally Posted by APCLurker
Thanks for the info.


1.1 Billion over the life of the contract for us (from your chart), versus 5 BILLION in the stock buyback.

1/5 th. the amount........

I'm curious how dalpa justifies 1.1 billion over the course of the entire contract in light of a $5 Billion buyback.

Unbelievable.
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.

The NMB won't hold your view.
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Old 06-09-2015, 12:15 PM
  #6737  
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Originally Posted by Sounds
The NMB won't hold your view.
The NMB also won't (can't) reduce our PS or impose the draconian scope concessions as well as the numerous other concessions. They don't have the power or the authority to do so. All they can do is park us under current book. I'd rather have that than this TA.

And even being parked is only if we're being "unreasonable" in what we're demanding. Not accepting concessions isn't being unreasonable. Keep current book and ask for lower raises and we won't be parked, we'll just have to wait out the typical 3 or so year timeline for bad faith company playbook negotiations. But all under current book with no concessions, huge PS and way more widebody JV jobs.
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Old 06-09-2015, 12:17 PM
  #6738  
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Originally Posted by Sounds
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.

The NMB won't hold your view.
And there are a few who believe that the pay increases amount to squat after inflation....3% inflation a year!!?? WHAT? The fed chairman is buying bonds to fight DEFLATION and some of you are calculating a perpetual 3% COLA. Ridiculous.
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Old 06-09-2015, 12:17 PM
  #6739  
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Originally Posted by Sounds
What other industry even considers giving profits like this to employees? Serious question here. What other industry values the employees over shareholders? Certainly not many. In my eyes you're comparing economic relations apples with labor relations oranges.

The NMB won't hold your view.

I could not care less how the NMB holds my view.

I am fine living with our current contract versus giving up more scope for flying we already own, sick leave changes, a reduction in profit sharing, the 75% LCA flying, the JV changes etc. etc..

And I don't expect 5 billion in parity. But it isn't even close.
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Old 06-09-2015, 12:23 PM
  #6740  
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Does anyone have any information on the issue of new hire pilots and seat locks?

• New hire training freeze increased to 24 months
o May be awarded an AE/VD after 12 months if initial qualification training required to change bases
o Remaining freeze added to new freeze from AE/VD award

Not sure what this means.
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