Details on Delta TA
#901
Runs with scissors
Joined APC: Dec 2009
Position: Going to hell in a bucket, but enjoying the ride .
Posts: 7,749
"Follow the Money".
If profit sharing is reduced, instead of that money going to the employees, that money gets paid out to share holders as dividends, and helps the stock price go up.
Who are some of the largest share holders of Delta Stock? (management)
Who gets PAID in Delta Stock Options? (management)
Now you know why they want to reduce the pay out to employees, through profit sharing and instead put that money in their own pockets, through dividends and stock price run up.
It's human nature, nothing personal, just business.
They all want the same thing we want, more money and more time off, oh, and Ed wants a good night's sleep...
I'm fine with that, but only -after- they have repaid the PILOTS for our pay cuts and lost retirement money.
Who's money are they spending on dividends... to themselves?
YOURS!
#902
DALPA did release its opening position. It was $346 an hour while the current highest pilot rate in the world was $223 an hour (NWA 744A). We "settled" at $265/hr. You wouldn't believe the amount of beotching, moaning and groaning that ensued after that (from the pilots, not mgmt). You would have thought we agreed to a pay CUT. Same lament as now, different day ("we are pushovers, mgmt won again, when will we fight?" etc etc etc)
Funny, those same guys are now the ones most proud of what we achieved back then.
Funny, those same guys are now the ones most proud of what we achieved back then.
It still amazes me that we will never see our survey results and we will never know what our opening position is for C2015.
Carl
#903
So now, today, the question becomes how much more. How much does it take to achieve our objective? What is our objective?
With DALPA, we don't know. All we know is some nebulous desire to "improve at every opportunity." (where's the emoticon for vomiting?) And based on our track record post bankruptcy, that means small (single digit annually) improvements that barely keep ahead of inflation over time. Based on DALPA's track record, communications, and stated objective... bankruptcy established a new baseline from which we seek our improvements. And those improvements are nowhere near anything even remotely like what it would take to restore our buying power to what we had in the 1980's, 1990's, and early 2000's.
#904
So, if market value is a driver and SWA is a point for which we can aim, let's do that. But we have to work from what their contract guarantees them -- not what they happen to have at that time.
I have no idea to what extent (if at all) that this occurred, mind you. I just find it fascinating that, in your mind, SWAPA cannot possibly be anything other than perfect while your own fellow Delta pilots lie, spin, and cheat to get their way, which is presumably something other than getting you (and them) the greatest amount of compensation possible.
My bad. I though we were on the same page that, as they are no longer as understaffed as they were a few years ago, SWA pilots no longer see as much premium pay as they did back then.
Did you not allude to that?
#905
But it's very interesting that you would call it that. Why would you do that? Why wouldn't you have wanted to use it to the maximum possible extent as leverage? Why would you purposely demean its content, thus ruining the help it could be to us? It is this kind of behavior that is unmasking you for yet another pilot that has been completely co-opted by management/DALPA. It's certainly your right to have such total alliance with those who want to minimize our profession, but the behavior needs to be called out for what it is.
Carl
#906
I agree that all of these, except perhaps the 401(k) piece, provide us with leverage we did not have in 2000. The industry comparison is the one component that is still not as good as it was back then.
I'm hoping that, in aggregate, our leverage is higher now than it was then.
I'm hoping that, in aggregate, our leverage is higher now than it was then.
Carl
#907
Carl
#908
No. It is just an attempt by PD to try and make it seem like that anyone who has different/opposing positions, must be on FPL/Dalpa insider, to justify to himself (and any lurkers) the fact many on here (and at Delta as a whole) don't agree with him.
What other justification would he have to always throw that dart?
What other justification would he have to always throw that dart?
Carl
#909
Crew each airplane with 64 crews each flight. I don't care. Put 86% on reserve. Not my problem. But all that skews the staffing numbers as well as our well diversified fleet. Why do you do this?
#910
How does that affect our leverage for C2015?
(Name the movie.)
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