Details on Delta TA
06-12-2015, 11:38 AM
#8071
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,456
You are actually doing a good job stating and restating facts of the TA. The problem is the TA. No matter how many times its said its still 8% for QOL concessions and out year cola. This is a shameful waste of this opportunity.
06-12-2015, 11:42 AM
#8072
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
06-12-2015, 11:44 AM
#8073
Gets Weekends Off
Joined APC: Aug 2007
Posts: 618
06-12-2015, 11:45 AM
#8074
Otto
Joined APC: Jul 2013
Position: Turkish Pile Driver
Posts: 1,806
Looks like we traded 4 weeks of hotels for an extra year of new hire seat freeze. Who do you think won that battle? The hotels are an industry embarrassment, they were coming anyway. Why trade for something we were going to get anyway? As a guy with a SSN last 4 that starts with a 0 I think the proposed 2 year seat lock stinks. Because of some random factor of where I was born, I have to eat whatever nobody else in my new hire class wanted for 2 years?
06-12-2015, 11:46 AM
#8075
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
SWAPA point of view.
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
06-12-2015, 11:47 AM
#8076
Gets Weekends Off
Joined APC: Aug 2007
Posts: 618
That is outside of the scope of this TA and it only muddies the waters with regards to presenting a contractual change to the pilot group.
That said, I will offer JV language and data as it is and as it is in a worst case. Because...that what a contract is for.
Again, I need some time because I'm collecting language from a few experts. Thanks.
06-12-2015, 11:53 AM
#8077
Gets Weekends Off
Joined APC: Mar 2015
Position: stake holder ir.delta.com
Posts: 10,456
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
06-12-2015, 11:54 AM
#8078
Gets Weekends Off
Joined APC: Dec 2014
Posts: 1,184
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
06-12-2015, 11:58 AM
#8080
Gets Weekends Off
Joined APC: Oct 2010
Position: Decoupled
Posts: 922
This is from UBS:
During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
The ugly: big labor ask coming
SWAPA (pilots union) leadership sees its members as ~12% underpaid relative to current DAL/AAL contracts, and ~20% underpaid relative to tentative agreement (TA) with DAL pilots that (if ratified) would raise base wage rates but scale back profit sharing. SWAPA leadership sees a 15% base wage increase with modestly higher profit-sharing as minimum to get a deal done, and believes management's expectation for an overall cost-neutral labor deal is unrealistic. Remuneration appears to be only
major sticking point with work-rules and growth appearing to be of secondary concern.During C2012 many on this board were advocating waiting for SWAPA. They've waited 3 years and are already 12% behind us in total comp. FedEx and UPS, the other two carriers that have been consistently profitable and in negotiations haven't raised the bar either.
Why are they so delayed?
They don't have the worlds greatest bargaining agent --- DALPA.
If they had DALPA, they would be signing on the dotted line for a concessionary contract yesterday.
Sorry, I saw the shot and had to take it.
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