Details on Delta TA
06-10-2015, 02:27 PM
#7361
Gets Weekends Off
Joined APC: Mar 2008
Position: DAL Pilot
Posts: 1,133
Delta Air Lines Inc Stock: Profit Sharing Reduction Helps Offset 15% Increase, Says Credit Suisse
Looks like the investors get it.
Looks like the investors get it.
06-10-2015, 02:28 PM
#7362
Gets Weekends Off
Joined APC: Feb 2014
Posts: 463
Delta Air Lines Inc Stock: Profit Sharing Reduction Helps Offset 15% Increase, Says Credit Suisse
Credit Suisse noted that the fixed increase of 15% by the amendable date is slightly more than it expected, but the profit sharing offset is more significant at this point. With the 20% profit sharing threshold moving to $6 billion for all employees, the firm expects approximately $500 million of potential savings, compared to $2.5 billion of threshold. The firm believes that this will be large enough saving to offset the fixed increase of 15% for pilots, giving extra cost of approximately $400 million.
Credit Suisse noted that the fixed increase of 15% by the amendable date is slightly more than it expected, but the profit sharing offset is more significant at this point. With the 20% profit sharing threshold moving to $6 billion for all employees, the firm expects approximately $500 million of potential savings, compared to $2.5 billion of threshold. The firm believes that this will be large enough saving to offset the fixed increase of 15% for pilots, giving extra cost of approximately $400 million.
06-10-2015, 02:29 PM
#7363
Gets Weekends Off
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Full disclosure: I'm on the 330 albeit hanging on with my fingernails!
Denny
06-10-2015, 02:29 PM
#7364
Gets Weekends Off
Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
However, on a serious note........if the MEC turns it back, does the NC resign?
If they pass it to us and we turn it back, does the MEC resign?
Interesting times
06-10-2015, 02:30 PM
#7365
Gets Weekends Off
Joined APC: Apr 2014
Posts: 367
Search "Delta MEC Comm". Notice when you look under a post it might say "70 previous comments". Click there. They have all been deleted. Hundreds of negative comments deleted. Positive comments are allowed to stay. How does that make you feel about your union and how they conduct a fair and balanced TA presentation? Do we live in Iraq?
I cannot believe these jokers made it past C2012, this one is just downright arrogant. Looking forward to DL being the last choice for new hires... Not really
Sent from my iPhone using Tapatalk
06-10-2015, 02:31 PM
#7366
Gets Weekends Off
Joined APC: Jun 2015
Posts: 341
SO, since 44 fo rep campaigned on a platform of scope, is his explanantion of the JV language overall positive or negative for us going forward?
06-10-2015, 02:32 PM
#7367
Gets Weekends Off
Joined APC: Aug 2007
Posts: 618
06-10-2015, 02:34 PM
#7368
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,730
Delta Air Lines Inc Stock: Profit Sharing Reduction Helps Offset 15% Increase, Says Credit Suisse
Credit Suisse noted that the fixed increase of 15% by the amendable date is slightly more than it expected, but the profit sharing offset is more significant at this point. With the 20% profit sharing threshold moving to $6 billion for all employees, the firm expects approximately $500 million of potential savings, compared to $2.5 billion of threshold. The firm believes that this will be large enough saving to offset the fixed increase of 15% for pilots, giving extra cost of approximately $400 million.
Credit Suisse noted that the fixed increase of 15% by the amendable date is slightly more than it expected, but the profit sharing offset is more significant at this point. With the 20% profit sharing threshold moving to $6 billion for all employees, the firm expects approximately $500 million of potential savings, compared to $2.5 billion of threshold. The firm believes that this will be large enough saving to offset the fixed increase of 15% for pilots, giving extra cost of approximately $400 million.
06-10-2015, 02:35 PM
#7369
Gets Weekends Off
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
Delta Air Lines Inc Stock: Profit Sharing Reduction Helps Offset 15% Increase, Says Credit Suisse
Looks like the investors get it.
Looks like the investors get it.
Denny
06-10-2015, 02:38 PM
#7370
Gets Weekends Off
Joined APC: Feb 2014
Posts: 463
Delta Air Lines Inc Stock: Profit Sharing Reduction Helps Offset 15% Increase, Says Credit Suisse
Looks like the investors get it.
Looks like the investors get it.
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