From the Delta TA section -$1 fuel
12-18-2015, 07:44 AM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jun 2014
Posts: 154
From the Delta TA section -$1 fuel
Jet fuel today is $1.00.
This is an annual saving to Delta of over $9 BILLION.
Plus over $1 BILLION in bag fees annually.
Plus $1 BILLION In ticket change fees.
ALL OF THE CONCESSIONS WE TOOK IN BANKRUPTCY ARE NO LONGER NECESSARY.
Make your voice heard.
Lots of talk about retirement. This is critical.
But vacation is quality of life and family time that has suffered far, far, far too long.
SWA vacation 210 hours.
FedEx 216 hours
Delta 113:45 hours
This is an annual saving to Delta of over $9 BILLION.
Plus over $1 BILLION in bag fees annually.
Plus $1 BILLION In ticket change fees.
ALL OF THE CONCESSIONS WE TOOK IN BANKRUPTCY ARE NO LONGER NECESSARY.
Make your voice heard.
Lots of talk about retirement. This is critical.
But vacation is quality of life and family time that has suffered far, far, far too long.
SWA vacation 210 hours.
FedEx 216 hours
Delta 113:45 hours
12-18-2015, 08:29 AM
#4
Gets Weekends Off
Joined APC: Oct 2006
Posts: 439
Saving 9 billion compared to when? For when oil was at $120 or from $40? Same goes for all the other points in that OP.
If you want to tie our gains to the economics of the company how much can the company afford to increase its labor costs? Of that how much can go to the pilot group? Do we negotiate what we are worth, or what you think the company can pay?
Just hypothetically, also what makes you belive we did not get that value in the TA?
If you want to tie our gains to the economics of the company how much can the company afford to increase its labor costs? Of that how much can go to the pilot group? Do we negotiate what we are worth, or what you think the company can pay?
Just hypothetically, also what makes you belive we did not get that value in the TA?
12-19-2015, 04:30 AM
#6
Gets Weekends Off
Joined APC: Oct 2009
Posts: 3,108
Saving 9 billion compared to when? For when oil was at $120 or from $40? Same goes for all the other points in that OP.
If you want to tie our gains to the economics of the company how much can the company afford to increase its labor costs? Of that how much can go to the pilot group? Do we negotiate what we are worth, or what you think the company can pay?
Just hypothetically, also what makes you belive we did not get that value in the TA?
If you want to tie our gains to the economics of the company how much can the company afford to increase its labor costs? Of that how much can go to the pilot group? Do we negotiate what we are worth, or what you think the company can pay?
Just hypothetically, also what makes you belive we did not get that value in the TA?
Each penny is approximately .40 million to Delta and United in annual fuel savings.
Other numbers for vacation are current. UAL max is 134:30 I believe.
Our vacation is bankruptcy vacation. Our concessions are no longer necessary.
Our ALPA president Tim Canoll is not interested in improving our contracts of quality of life. He should be pointing these things out.
Bottom line is there should not be one penny in stock buy backs until 100% of our bankruptcy concessions are restored.
12-19-2015, 05:39 AM
#8
Gets Weekends Off
Joined APC: Oct 2006
Posts: 439
Along with all the creditors, stockholders lost also in bankruptcy. As much as you wish they did not do what every other healthy company does and return capital back to its owners they will.
12-19-2015, 03:19 PM
#9
Don't say Guppy
Joined APC: Dec 2010
Position: Guppy driver
Posts: 1,926
Our vacation is not same as bankruptcy when you take in account the interaction of add pay and mpg in a vacation month.
Along with all the creditors, stockholders lost also in bankruptcy. As much as you wish they did not do what every other healthy company does and return capital back to its owners they will.
Along with all the creditors, stockholders lost also in bankruptcy. As much as you wish they did not do what every other healthy company does and return capital back to its owners they will.
Share buybacks are sold as "returning capital to shareholders". Unfortunately, it is BS. It artificially increases demand for shares, which (they hope) drives up share prices, which benefits shareholders, and especially, their own stock option positions.
Buying shares is "investing". You should buy low and sell high. Share buybacks are almost done at historically high share prices, to attempt to drive the price higher. They are using corporate funds to try to enhance their own investing position. If UAL shares are a good deal at $56, why weren't they buying them when they were $10.
It is almost always a waste of corporate funds.
Thread
Thread Starter
Forum
Replies
Last Post
