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I forsee more bonuses for management and a 1% payraise for employees.
Gup
While I'm glad to see Delta making tons of cash (1.77 billion), I'm also wondering where the outrage is amoung the pilots who did take pay cuts, seems like they could pay you after all doesn't it?
Guess the question is when will you ask for it back.
. Just thought there would be a call to arms by the pilots to get some back
Very impressive. Especially with $70+ oil for much of the quarter. Hopefully this profitable trend will continue for all of us who are lucky enough to have airline jobs.
I'm glad to see things picking up. Keep Captain Moak in office and you'll have some great leadership going into negotiations in a couple of years.
So, what about the 32.5% paycut in 2004 before the 14%.
We were still industry leading after the 2004 cuts. It's hard to keep pay rates that have our F/Os making more than an AA captain when you're losing billions. Do they count yes, but they weren't a part of this contract.
How much do you pay for health care now compared to before LOA 51/current contract?
The same
What about scope?
That's the worst part of our contract, imo, but keep it in perspective.
30 76 seat jets over 3 years, hmmmm, that's about 180 total seats. Yeah, we caved.
What about sick leave? Vacation? Hmmm ... No concessions?!
Sick leave is still industry standard if not better than most, if you only use 240 hours over a three year period, you will have experienced no cut whats so ever. I didn't lose a day of vacation, and I kept my work rules.
You're right about negotiating with the gun to your head and the guys that claim you caved in without reason are off base. But, your head is in the sand if you don't think that you took meaningful concessions that helped produce this bottom line.
Of course we took concessions that helped the bottom line, but we got back over $1.21B in May, which is significantly more than the total concessions of LOA 51 and we'll continue to get more back whenever the company posts a profit.
The real net profit was about 380mil. In realty It's not that much.
The real net profit was about 380mil. In realty It's not that much.