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Delta Pilots about to get Screwed

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really

blasting me will not get your money back, time to look in the mirror and stand up for yourself.
 
I don't think the raise figure will be determined until the 4th quarter results come in. The raise is tied to the operating margin for the entire year. I also doubt that they would massage the operating margin numbers to not give pilots a raise. The benefit of a strong operating margin would benefit shareholders more than a 6% raise to one of the workgroups would hurt them. Not a cool-aid drinker, just paid attention in some accounting classes and I doubt they are manipulating the number to stop a raise. I also don't think it will be 2%. Here are the number so far.

1st Q 4%
2nd Q 10%
3rd Q 8.7%

Now I'm not quite sure how they figure the year end margin, but if it is the same as the 3rd Q result, which it should be, then the year end margin would be around 8%. An 8% year end margin would trigger a 4% raise based on the contract language. To get us down to a 2% figure the 4th Q margin would have to be around 5%. To get the full 6% the 4th Q result would have to be about 13%. So by running the numbers and looking though the SEC filings, I'm thinking it will be about 4% possibly 4.5%. If there is anyone out there who is a professional finance guy and not just a recreational finance guy maybe you could fill us in a bit more on operating margin and why they probably are not manipulating that number.
 
I've figure out where the people are coming up with the line of we came in .03% under the number we needed. If Delta posts an operating margin of 9% for the year then that triggers a 6% raise. The 3rd Q results were 8.7 which is 0.3 under 9%. That is just for the 3rd Q and not for the entire year. Were that the number for the entire year the raise would be 5%. Here is the quick lowdown. We are guaranteed a 1.5% raise even if Delta loses millions. Then for every .25% that the operating margin for 2007 exceeds 6% we get a .5% raise. So if the number was 8.7% for the year that would exceed 6% by 2.7%. So that would equate to a 5% raise. Clear as mud, and I don't think the numbers matter for the raise until we see the 4th Q results. If I'm wrong, someone please correct me.
 
I love you 'tards!

General don't take this clown seriously. He is a jealous idiot.

Wow-instructordude is amazing! This guy is the head chief in charge of all tards. If there is anything I am jealous of, it is not Instructordude. I would much rather drive a garbage truck in Brazil than go thru life being as much of a GoJets retard as this idiot!

I don't care where your really are, Instructortard. I don't care what you fly or what you make. The fact that if half the stuff you have posted here is true, you are a horrible human being, and it will one day come and bite you. You can't go thru life being such a Go-jet a-hole idiot and expect to not have some bad ju-ju sooner or later.
-Wait and see-toolbox!
 
Entertaining...

Hey dork, I am here. Yeah, I don't know if this is true or not since I was not in the crew lounge meeting, but if it is it will be dissapointing to say the least. I am sure our guys are looking into it and making sure it is correct. If we honestly didn't pass the number, should we be truely upset? I want a raise just like the next guy, but if you don't pass the agreed upon number, then you just might not get it. Sure, there will be a lot of uproar, no doubt.

And, I have a feeling upgrading to bigger equipment or transitioning to the left seat will still increase our pay, and we are getting 30 or more planes next year alone. I think Jmoney is jealous. Yeah, he is.

Bye Bye--General Lee

I LOVE this response. I have never seen anyone get so excited about being screwed. Maybe this monkey-tard will enjoy taking one up the pooper. At any rate, who cares? It's all god at DAL, no matter what, eh, gen?

Seriously-almost 10,000 posts here? WOW, WOW, WOW! This guy must have a great job to be able to spend that much time on this board. I guess I would be all "Rah-Rah" too if I had absolutely no life and had to post here 10,000 times in hopes that someone would give a crap about me.

P.S.-"Truely" is not a word. Must have missed that day in "general school."

-General Tard....
 
Heavy Set, you went for your cookie too quick. NWA's MEC was quoted on 5B saying something to the effect of, "Anderson is a nice and warm type of guy, but if you think he truly has the employees best interest in mind, you are sadly mistaken". Also, someone beat me to it........LEO FREAKING MULLIN!! Anderson is quoted all the time saying, "I'll do whatever is in the best interest for our investors". Sure, why not!!?? I'm just saying he's a wolf in sheep's clothing. Delta emloyees deserve the best for all they've done, I just think Anderson was an awful choice. He's a nice guy, but more like a wolf in sheep's clothing. All the best........just think I'll be right over time.
 
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According to the 3rd quarter conference call, Delta's CFO stated that he expected 4th quarter operating margin to be in the range of 3-5%. The big question is what that would mean for the operating margin for the entire year.
 
I LOVE this response. I have never seen anyone get so excited about being screwed. Maybe this monkey-tard will enjoy taking one up the pooper. At any rate, who cares? It's all god at DAL, no matter what, eh, gen?

Seriously-almost 10,000 posts here? WOW, WOW, WOW! This guy must have a great job to be able to spend that much time on this board. I guess I would be all "Rah-Rah" too if I had absolutely no life and had to post here 10,000 times in hopes that someone would give a crap about me.

P.S.-"Truely" is not a word. Must have missed that day in "general school."

-General Tard....


Wow, you really are cool. First of all, I never said I was excited, rather realistic. With high oil right now, it is very possible that we missed a number agreed upon by ALPA and the company. You either stick to what was agreed upon, or you don't. I don't have the actual numbers, so I can't say what really happened. But I do know this, YOU WILL ALWAYS BE A DORK. "TRUELY. " And, I don't really care what you or anyone else here thinks about me---I enjoy the banter and I enjoy making you look dumb. Remember your remark about NWA acquiring us, and then I posted an article refuting your made up assertions? That was great. Keep giving me opportunities and I will do it. Have a bad one.

Bye Bye--General Lee
 
Heavy Set, you went for your cookie too quick. NWA's MEC was quoted on 5B saying something to the effect of, "Anderson is a nice and warm type of guy, but if you think he truly has the employees best interest in mind, you are sadly mistaken". Also, someone beat me to it........LEO FREAKING MULLIN!! Anderson is quoted all the time saying, "I'll do whatever is in the best interest for our investors". Sure, why not!!?? I'm just saying he's a wolf in sheep's clothing. Delta emloyees deserve the best for all they've done, I just think Anderson was an awful choice. He's a nice guy, but more like a wolf in sheep's clothing. All the best........just think I'll be right over time.

Most of the actual Northwest pilots I have talked to actually say he is a good guy and wished we could trade him for Steenland. Sounds like he is a fair guy, which can be good and bad I guess.

Bye Bye--General Lee
 
I've figure out where the people are coming up with the line of we came in .03% under the number we needed. If Delta posts an operating margin of 9% for the year then that triggers a 6% raise. The 3rd Q results were 8.7 which is 0.3 under 9%. That is just for the 3rd Q and not for the entire year. Were that the number for the entire year the raise would be 5%. Here is the quick lowdown. We are guaranteed a 1.5% raise even if Delta loses millions. Then for every .25% that the operating margin for 2007 exceeds 6% we get a .5% raise. So if the number was 8.7% for the year that would exceed 6% by 2.7%. So that would equate to a 5% raise. Clear as mud, and I don't think the numbers matter for the raise until we see the 4th Q results. If I'm wrong, someone please correct me.


Guys..please read this. This is absolutely correct. The pay raise % is not determined until the end of the 4th quarter and there is a minimum raise each year (I personally call it a kick back or return.... it isnt a raise- anything under the contract 2000 rates+COLA isn't a raise).

Count on whats published min pay rate for each year in the PWA now..that's guaranteed. Anything beyond is gravy.


Come negotiations... Show me the money!! (and work rules etc...)
 
Hee, Hee

Wow, you really are cool. First of all, I never said I was excited, rather realistic. With high oil right now, it is very possible that we missed a number agreed upon by ALPA and the company. You either stick to what was agreed upon, or you don't. I don't have the actual numbers, so I can't say what really happened. But I do know this, YOU WILL ALWAYS BE A DORK. "TRUELY. " And, I don't really care what you or anyone else here thinks about me---I enjoy the banter and I enjoy making you look dumb. Remember your remark about NWA acquiring us, and then I posted an article refuting your made up assertions? That was great. Keep giving me opportunities and I will do it. Have a bad one.

I am a real bastard, I know. I really rather enjoy it though. It is always fun to screw with these people! I simply love getting the special kids all worked up!
-It is truely a special experience to watch these jackoffs get all pissed
-P.S.: Truely:Still not a word, Einstein.

-I just wish Instructordude were here-I would be have a truely wonderful A.M.

-FUN!
 
I don't care how nice a guy Anderson may be. Like all others before him, when he sees how easily the lid comes off the cookie jar at Delta, he will dive in head first. Not very hard to predict.
 
I don't care how nice a guy Anderson may be. Like all others before him, when he sees how easily the lid comes off the cookie jar at Delta, he will dive in head first. Not very hard to predict.

This I agree with. Lee Moak hasn't seen a concession he will stand up too, and the Delta pilot sheep will vote yes on anything the MEC puts in front of them. Anderson, smart man that he is, will use this to his advantage and try to lower the Delta pilot costs even further.
 

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