The scary part was reading that DL needs to pay $1 billion for pensions and another $1 billion for debt. If they only have 2.7 billion in the bank, well, that's not good!
thoughts on this anyone?
FA4UA
The debate continues... Starwood or Hyatt... which is better
Luv2fly From United States of America, joined May 2003, 11957 posts, RR: 51 Reply 1, posted (9 years 5 months 2 weeks 4 days 2 hours ago) and read 1358 times:
One of the problems as I see it is, the only group that is union is the pilots. So if they piss off the other work groups, i.e. mechanics, FA's, etc, they risk the chance of unions forming in the groups that they just go ahead and impose wage cuts because they can since they are non-union.
Futureualpilot From United States of America, joined May 2000, 2561 posts, RR: 9 Reply 2, posted (9 years 5 months 2 weeks 4 days 2 hours ago) and read 1283 times:
Should be interesting to see what happens. Why are the DL pilots so hard nosed about pay cuts? The other majors did it and seem to be recovering. Hopefully the pilots over there will suck up and do what is needed for the good of DL.
Mariner From New Zealand, joined Nov 2001, 22696 posts, RR: 88 Reply 3, posted (9 years 5 months 2 weeks 4 days 1 hour ago) and read 1217 times:
CAL is about the only major that doesn't have a problem with their pension funding.
UAL, for example, owes several billion, and unless they get some relief from Congress, it is one of the issues may impede their exit from Chapter 11.
DAL's financial circumstances are not the best, but equally they are not the worst - US Airways probably tops the list of worst.
As I see it, the "great shake-up" among the legacy carriers that was supposed to happen after 9/11 (and the downturn in airline business) has not yet happened.
We may coming out of the downturn, but we haven't yet seen the full implications of the damage the downturn did.
Jhooper From United States of America, joined Dec 2001, 6195 posts, RR: 13 Reply 4, posted (9 years 5 months 2 weeks 3 days 23 hours ago) and read 1131 times:
the Delta pilots union has many issues to work through in regard to pay cuts. I'm sure they WILL face some form of pay cuts, but currently they're having problems with execs giving themselves huge bonuses while asking the pilots to cut pay.
Last year 1,944 New Yorkers saw something and said something.
DeltaGuy From , joined Dec 1969, posts, RR: Reply 5, posted (9 years 5 months 2 weeks 3 days 20 hours ago) and read 1080 times:
Exactly, Jhooper. DALPA won't even do these stupid cuts, with the heavies taking huge promotions, AND furghlowing even more of their fellow pilots.
We might see a little bit of pay compromise..but not for a long, long time...Delta has alot of butt kissing to do to the pilots to get em to move. I hope they don't budge on a dime, but that's just me
FA4UA From United States of America, joined Nov 2003, 812 posts, RR: 22 Reply 6, posted (9 years 5 months 2 weeks 3 days 18 hours ago) and read 1062 times:
Ok, new article for a new day. This one talks about the Pilots Union and their willingness to give back 9%. Quite a long reach from the 35% that management was looking for!
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