General Lee
Well-known member
- Joined
- Aug 24, 2002
- Posts
- 20,442
Nice quote changing GL. So here's a fact GL - I used to pay $70/month for family healthcare PPO at Delta before BK. It more than trippled before I quit and is probably more now. What is the monthly current monthly deduction for family heathcare at DAL GL? What's in store for 2008?My current deduction is $60/mo. at SWA.
There is more to the bottom line than hourly rates.
Hope it works out for you. Glad the debt is down is down to only $9B.
Gotta rest up for LBB
BD
And you used a quote from me out of context. No biggie.....Thank gawd you don't work here anymore. It sounds like you are having a lot more fun with multiple leg days and quick turns. Good for you. As far as pay goes, you know as well as I do that our pay won't stay low, and your pay may not stay high. You never know. With the domestic market the way it is, the LCCs will devour each other, while the legacies will find more revenue flying overseas. At least you have good management for now, and your stews are fun. In twenty years when you are wishing to see something different or have less legs per day, you can always tell your FOs there at Southwest that you "could be doing the Moon turn right now" instead of another El Paso airport layover. But, if you are happier now, good for you. I think things are getting a lot better here at Delta too. You point out that your healthcare costs are less at SWA, which is probably true. What can I do to offset that extra cost? Maybe move up to a larger aircraft? Moving to the 764 will be a $22 an hour increase with INTL override pay included. Could that pay for a healthcare increase? How about the 777 FO?(we are getting 12 more in the next 2 years) Yep. How about 73N Capt?(pretty close to that now). Can you move up to larger aircraft and pay for more? You can fly more, maybe. We have newhires now going to the ER and even the 767 domestic, and in 2 years and one day from DOH they will be making $95 or more per hour (with the 6% raise coming this Jan). People are moving up the ladder, and that helps cover extra healthcare costs. Not many are staying on lower paying equipment unless they are senior in category. Hopefully you will never regret your decision. Sounds like you got outta here just in the nick of time, just before an UPSWING. We have a huge bid coming in NOV, with lots of movement. Oh well. Happy trails and enjoy LBB.
Bye Bye--General Lee
PS--you seem to be on top of our current financials (with your $9 billion debt statement). Did you happen to listen or read our 3rd quarter conference call from Ed Bastian? It's all out there for anyone to read. Here is a summary:
-$160M allocated to profit sharing so far this year (171M was forecast for 2007)
-RASM compared to other network carriers at 96%. That will taken to par, then beyond, in 2008.
-Decision on Comair to come by year's end.
-Consolidation is a continuing evolution. Delta will look at opportunities if it's in "our" interest. Employee support "crucial".
-Operating Margin 8.7% in Q3, 3-5% expected Q4.
-Advance booking up YOY.
-Seoul exceeding expectations
-15 757ER's coming (rather than 13 as previously stated)
-Middle-East, Africa having "banner"year...Europe Strong
-Joint Venture with Air France to be announced tomorrow. Significant flying opportunities/revenue enhancement to be highlighted.
-LCC's getting hammered on fuel costs due to lack of foreign exposure and pricing power that comes with it. Expect to see fare hiking efforts on their part
-Currency valuations (cheaper greenback) drove 4% YOY increase in int'l revenue.
-Three separate entities (Acft engine mtc, DGS, Air Elite) to be run as independent companies within Delta. Greater accountability, effectiveness to result in $100M bottom-line add to balance sheet w/in 2-3 years
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