Details on Delta TA
06-10-2015, 03:02 PM
#7381
Gets Weekends Off
Joined APC: Sep 2008
Position: Kickin’ Back
Posts: 6,971
I'm with you Ferd...................VOTE ALREADY!!!!!
Denny
06-10-2015, 03:03 PM
#7383
Gets Weekends Off
Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
Lord give me patience.......and give it to me NOW! <-----one of my church lady mom's favorite prayers
06-10-2015, 03:04 PM
#7384
Gets Weekends Off
Joined APC: Dec 2009
Position: Stay THIRSTY, my friends!
Posts: 1,898
Always easier to pass the buck. My faith in this union rests on knowing I have reps that will stand up for the line pilot. I hope that the result reflects the will of their constituents, not the will of the MEC.
06-10-2015, 03:04 PM
#7385
Gets Weekends Off
Joined APC: Sep 2013
Posts: 940
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.
Credit Suisse has math troubles!!
Assume Delta makes 6 Billion
Old method = 2.5B * 10% + 3.5B * 20% = 950 million for all emploees.
New method = 6B * 10% = 600 million for all employees.
So, the difference for all employees is 350 million. You figure the pilot share of that is maybe 150 million at the most, but there is no way you can have the savings for just the pilots be more than the total for all employees!
06-10-2015, 03:05 PM
#7386
Gets Weekends Off
Joined APC: Jul 2014
Posts: 168
"They have a different view than me based on information I'm not privy too! I don't like it! RECALL" You should use the word "entitled" too to make your trolling complete.
06-10-2015, 03:06 PM
#7388
Gets Weekends Off
Joined APC: Apr 2008
Position: DAL FO
Posts: 2,169
06-10-2015, 03:06 PM
#7389
Gets Weekends Off
Joined APC: Feb 2014
Posts: 463
The insiders working with F&H want to get it to a membership vote because they know some dazzling graphs and some misdirection might get to yes. Just look at what they are doing now (ie censorship and dubious lopsided presentation of the info, etc). Not the way this should operate.
06-10-2015, 03:07 PM
#7390
Gets Weekends Off
Joined APC: Apr 2008
Position: LAX ERA
Posts: 3,457
Credit Suisse has math troubles!!
Assume Delta makes 6 Billion
Old method = 2.5B * 10% + 3.5B * 20% = 950 million for all emploees.
New method = 6B * 10% = 600 million for all employees.
So, the difference for all employees is 350 million. You figure the pilot share of that is maybe 150 million at the most, but there is no way you can have the savings for just the pilots be more than the total for all employees!
Assume Delta makes 6 Billion
Old method = 2.5B * 10% + 3.5B * 20% = 950 million for all emploees.
New method = 6B * 10% = 600 million for all employees.
So, the difference for all employees is 350 million. You figure the pilot share of that is maybe 150 million at the most, but there is no way you can have the savings for just the pilots be more than the total for all employees!
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