Same Old and New Issues
11-12-2013, 08:38 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Nov 2012
Posts: 1,085
Same Old and New Issues
As I hope we are all aware, one of the issues ALPA has been squawking about in Washington for several years now is the US Export-Import Bank extending favorable financing to state sponsored foreign carriers (Emirates, Air India, etc.) for the purchase of Boeing widebodies. Those favorable financing terms, of course, are not available to US carriers that compete against them. While some progress has been made, the fight goes on. This must be just one of the latest outrages to pop up in the last few years, right? Count me in as naive, until I read this:
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On September 23, 1974, a group of Pan Am employees published an advertisement in The New York Times to register their disagreement over federal policies which they felt were harming the financial viability of their employer.[78] The ad cited discrepancies in airport landing fees, such as Pan Am paying $4,200 to land a plane in Sydney, while the Australian carrier, Qantas, paid only $178 to land a jet in Los Angeles. The ad also contended that the United States Postal Service was paying foreign airlines five times as much to carry U.S. mail in comparison to Pan Am. Finally, the ad questioned why the Export-Import Bank of the United States loaned money to Japan, France, and Saudi Arabia at 6% interest while Pan Am paid 12%.[79]
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No problem. That is why we have a Chapter 11 procedure that is so well refined now. US airline employees can continue paying for the results of faulty US Government policy. Here is one more gem:
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We know that Obamacare will significantly increase the cost of individually-purchased health insurance in nearly every part of the country. But we’ve generally assumed that disruptions in the market for employer-sponsored health insurance will be less severe. In particular, large employers who self-insure should be exempt from most of Obamacare’s most onerous regulations. It turns out, however, that even America’s largest companies face higher costs due to the health law. A recently-leaked letter from Delta Air Lines to the Obama administration states that the “cost of providing health care to our employees will increase by nearly $100,000,000 next year,” much of it due to Obamacare.
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I'll bet any increase in health care costs at Emirates will have far fewer zeros next year.
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On September 23, 1974, a group of Pan Am employees published an advertisement in The New York Times to register their disagreement over federal policies which they felt were harming the financial viability of their employer.[78] The ad cited discrepancies in airport landing fees, such as Pan Am paying $4,200 to land a plane in Sydney, while the Australian carrier, Qantas, paid only $178 to land a jet in Los Angeles. The ad also contended that the United States Postal Service was paying foreign airlines five times as much to carry U.S. mail in comparison to Pan Am. Finally, the ad questioned why the Export-Import Bank of the United States loaned money to Japan, France, and Saudi Arabia at 6% interest while Pan Am paid 12%.[79]
------------------
No problem. That is why we have a Chapter 11 procedure that is so well refined now. US airline employees can continue paying for the results of faulty US Government policy. Here is one more gem:
------------------
We know that Obamacare will significantly increase the cost of individually-purchased health insurance in nearly every part of the country. But we’ve generally assumed that disruptions in the market for employer-sponsored health insurance will be less severe. In particular, large employers who self-insure should be exempt from most of Obamacare’s most onerous regulations. It turns out, however, that even America’s largest companies face higher costs due to the health law. A recently-leaked letter from Delta Air Lines to the Obama administration states that the “cost of providing health care to our employees will increase by nearly $100,000,000 next year,” much of it due to Obamacare.
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I'll bet any increase in health care costs at Emirates will have far fewer zeros next year.
11-13-2013, 11:16 AM
#2
Line Holder
Joined APC: Jul 2013
Posts: 75
....... A recently-leaked letter from Delta Air Lines to the Obama administration states that the “cost of providing health care to our employees will increase by nearly $100,000,000 next year,” much of it due to Obamacare.
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I'll bet any increase in health care costs at Emirates will have far fewer zeros next year.
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I'll bet any increase in health care costs at Emirates will have far fewer zeros next year.
11-13-2013, 12:04 PM
#3
Line Holder
Joined APC: Mar 2009
Posts: 46
Same Old and New Issues
Has anyone heard when employees start paying taxes on the benefit the company is supposedly paying (their 80% of our mo. Premiums. I have heard in 2018 employees will pay a 40% excise tax on employee offered "Cadillac" plans valued over a given amount.
11-13-2013, 12:36 PM
#4
Gets Weekends Off
Thread Starter
Joined APC: Nov 2012
Posts: 1,085
It would be nice if you could get your innuendo straight. Your "recently-leaked" comment implies some secret letter. It was, in fact, sent to all Delta employees on August 6. It was part of a package explaining why everybody's medical costs, concluding Delta's, were going up.
11-13-2013, 02:05 PM
#5
Gets Weekends Off
Joined APC: Apr 2006
Position: 737 CA
Posts: 2,750
1. employees actually electing coverage because it is now law that you have coverage. Whereas before Obamacare, they declined all coverage and freeloaded off society.
2. employees covering their children up to age 27.
IOW, the law is working. More people have coverage. Does that cost money? Yes. Boo-hoo Delta. Suck it up.
