Details on Delta TA
#8461
That is bootiful!
Denny
#8462
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
Denny,
I think you've allowed some incomplete or bad analysis of the items in your list. I'm a little pressed for time, but here's a quick response.
In my view, you can't use the CS or Barrons (which used incorrect numbers) reports without taking into account or discounting your item #3. The non-contracts will get a pay raise, in my view. Their pay raise will be like C2012, completely eating up the profit sharing "savings" but minimizing the additional cost growth. Neither article takes that into account. If you believe that 3B4 will protect us, then this piece doesn't work.
I'm still trying to find out what the why and the cost of the profit sharing change regarding management comp, and I haven't seen an authoritative answer. As far as buying our raise, I disagree. This is a 8/3/3 contract, with $120 million paid early and 6% of profit sharing converted to pay. I view that conversion as a smart thing to do. The 2012 profit sharing that used to be worth 2.1% of pay is now worth about 1.6% due to compounding a fixed number. That same thing will play out over time on a larger scale with this conversion. Also, even though 8/3/3 is lower than 4/6.5/3/3 from 2012, it's worth the same dollar amount due to compounding.
See item 1 above. I don't think the change makes 3.b.4 worthless, as UAL has profit sharing, but it does diminish its value.
Absolutely a concession. Also moves toward industry standard (which sucks).
To get those 25 large RJ's we get 50 new narrowbodies AND a block hour ratio that protects against shrinkage. This continues transference of flying back to mainline 3 years ahead of our competitors and will open up a bunch of new west coast captain seats.
I'm going to have to wait on the experts (I've sent questions to the code share committee), but I believe that GeorgeTg has a bunch wrong in his analysis. There are parts that are clearly concessionary (management immediately being back in compliance) but there are parts that provide us significant protections from AZ pulling out of the alliance, AF/KLM actions and our own upgauging.
Sick leave is clearly concessionary. It leaves us with a better program than AMR and UAL, but in my view worse than SWA (even though they don't have as many hours).
I don't see it as quite the bus throwing you do. They can move bases and move equipment (so not really frozen), they just have the new hire freeze added on to what their new equipment freeze is.
This isn't true. On a year to year basis TA2015 delivers more money sooner than C2012 did, and it has about $200+ million more in total value. TVM actually worked, and it's compounded.
Concession. But it's not really sick leave time, it's FAR time had you flown the trip. If you'd have been legal to pick it up had you flown the sick trip, you'll still get the greenslip with your seniority.
Another one I'm asking questions about intent and why it's there.
The per diem is matched with AMR and UAL. The vacation and training are less than I'd like, but add another 1% to pay.
Your vote is yours to cast, and thanks for considering the aggregate. Good luck to us all!
I think you've allowed some incomplete or bad analysis of the items in your list. I'm a little pressed for time, but here's a quick response.
1. According to Credit Suisse (sp) after pilot contract costs are applied, this TA will put $100 million a year BACK in Deltas pocket when they apply the new profit sharing metric Company wide. This TA will actually ADD to our profit sharing! it doesn't cost the company one red cent! Which isn't a bad thing but when you look at the whole deal, you have to consider this..
I don't see it as quite the bus throwing you do. They can move bases and move equipment (so not really frozen), they just have the new hire freeze added on to what their new equipment freeze is.
Your vote is yours to cast, and thanks for considering the aggregate. Good luck to us all!
#8463
Gets Weekends Off
Joined APC: Jun 2015
Position: CA
Posts: 357
I get it, part of your strategy is to throw out so many inaccurate statements and cause so much confusion, downplaying all the negative, something's gotta stick eventually?
For the record, your position on the medical records is in the severe minority. You sure are cocky in your attempt to beat down expectations. I take back what I said earlier. You are a pilot. You work for the arrogant MEC. Hell, you might be freaking Donetelli himself by the looks of your comments here.
#8464
Gets Weekends Off
Joined APC: Jul 2007
Position: Permanently scarred
Posts: 1,707
Another indicator the NC got rolled on this TA: $0.05 per diem increase. Seriously, if that isn't a slap in the face, what is? Granted, it's not enough to vote it down, but it does indicate how poorly s job the NC did and what their effectiveness was. The inability to do better in per diem is but one of the indicators of how this NC FAILED on so many levels.
#8465
Negotiators are paid to negotiate. They can come up with a plan B.
#8466
BTW, the MEC reps do indeed have a plan B.
I agree with many of the MEC representatives that an alternate path is achievable by reengaging the company to address the issues we have with this current TA. The environment we are in should be favorable to achieve a fair and balanced agreement that addresses pilot concerns as well as those of the company.
MSP Vice Chair
12JUN2015
MSP Vice Chair
12JUN2015
#8467
Gets Weekends Off
Joined APC: Feb 2008
Posts: 2,539
Another indicator the NC got rolled on this TA: $0.05 per diem increase. Seriously, if that isn't a slap in the face, what is? Granted, it's not enough to vote it down, but it does indicate how poorly s job the NC did and what their effectiveness was?The inability to do better in per diem is but one of the indicators of how this NC FAILED on so many levels.
Take a look at Section 5.B. Per Diem goes up every year, and matches UAL and AMR.
Hope you're not missing the slap.
#8469
Slow,
What's your take on the medical stuff? I seems very "mean spirited" to say the least. RA and senior management talks highly of us in the press, and then they present us with something like this.
Where did it come from?
Ferd
What's your take on the medical stuff? I seems very "mean spirited" to say the least. RA and senior management talks highly of us in the press, and then they present us with something like this.
Where did it come from?
Ferd
#8470
Banned
Joined APC: Oct 2013
Posts: 147
A lot of hot air and little in regard to plan b. One participant suggests that re engaging the company is plan b. I agree.
Now let's take the next step. Does RA reward the Delta pilots and capitulate? Or does he say lets see what the NMB says?
Everyone voting no should have an opinion here. Let's hear them. If you want a yes voter like me to consider your view you have to show me how it ends. I can show you how a ratification ends. I realize it's the future and unknowable as such, but you have to have a realistic idea of a timeline and result in order to make sure it's worthwhile.
Now let's take the next step. Does RA reward the Delta pilots and capitulate? Or does he say lets see what the NMB says?
Everyone voting no should have an opinion here. Let's hear them. If you want a yes voter like me to consider your view you have to show me how it ends. I can show you how a ratification ends. I realize it's the future and unknowable as such, but you have to have a realistic idea of a timeline and result in order to make sure it's worthwhile.
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