AP reports a pilot deal has been reached

[aislehopper]

If we are all on this board complaining about different stuff three years from now, everybody won.

 

[FWAAA]

Approval of the tentative deal no sure thing, says this hack:

Delta Pilots May Have Had Enough

By Ted Reed
TheStreet.com Staff Reporter
4/18/2006 3:01 PM EDT

Getting a tentative contract agreement with pilots at Delta Air Lines (DALRQ:OTC BB - commentary - research - Cramer's Take) wasn't easy. And getting the deal actually approved won't be either.

Though Delta cleared a major hurdle in reaching a preliminary pact with its pilots last week, the carrier still has plenty of work to do to maintain its franchise as one of the big three U.S. airlines. Current priorities, for instance, include resolving a labor crisis at its wholly owned regional carrier Comair, where flight attendants are threatening to strike this week.

Longer term, Delta must fix its high cost structure, even as fuel prices are rising, and produce the revenue benefits it expects from its vastly expanded international routes. In addition, the company, operating under bankruptcy protection since last September, has to resolve morale problems among its employees.

"There's a lot of angst out there," said John Urbik, a 10-year Delta pilot who questions whether the tentative contract will be approved. "We are willing to give blood to make this go, but we are not willing to finance mistakes going forward."

Delta, the nation's third-largest airline, said Friday it had reached an arrangement with negotiators from the Air Line Pilots Association, which represents about 6,000 active pilots at the carrier. Neither the airline nor the union disclosed the terms.

The deal will have to be approved by a bankruptcy court and submitted to the pilots for a vote before it can take effect. Before that occurs, union leaders will decide whether to recommend pilots approve of the deal.

http://www.thestreet.com/_yahoo/stocks/tra...=FREE&cm_ite=NA

WT: Any chance this deal isn't approved? I'm thinking the odds of rejection are less than 5%.

 

[WorldTraveler]

I'm guessing ALPA will not recommend the deal but I don't think the pilots will be foolish enough to refuse to endorse it. Doing so only sets DL up to ask for a complete abrogration of the contract before the bankruptcy court and impose the deal which ALPA negotiators agreed to. Kind of hard for DALPA to argue to a court that there is a legitimate case for walking off the job when the negotiators agreed to a deal that still leaves DL pilots better paid than pilots at other bankrupt airlines.

 

[TheDog2004]

I'm just curious to hear what the real details of the deal are. It's been nearly a week and not a word of the details has really come out anywhere.

 

[Atlantic]

It's a better deal than they will get from the judge. 60% for 40% against. +/- 5%.

 

[NewHampshire Black Bears]

I'm guessing ALPA will not recommend the deal but I don't think the pilots will be foolish enough to refuse to endorse it. Doing so only sets DL up to ask for a complete abrogration of the contract before the bankruptcy court and impose the deal which ALPA negotiators agreed to. Kind of hard for DALPA to argue to a court that there is a legitimate case for walking off the job when the negotiators agreed to a deal that still leaves DL pilots better paid than pilots at other bankrupt airlines.

++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

("I'm SITTING DOWN")..... "OMG", I agree with WT !

There Is'nt ANY chance that this "tentative", will be rejected !!!!!!!!!!!!!!!!!!!!!!!!!!


NH/BB's

ps,

WT, thanx for the kind words about AA(1st qtr. $$), that you posted , over on the AA board !!
That was a "class act", by you.

 

[luv2fly]

IMO, the TA will not pass if the rumor of 90 seat jets and up to 200 70 seat RJ's are allowed at DCI. Mainline pilot staffing has been reduced by roughly 40% since 2001.
There were two major hangups in these negotiations. Pay was not one of them. Scope and the defined benefit plan. It appears that the DB may have been addressed. Scope was decimated.
What the hell do I know though? I just work here.

 

[Ch. 12]

IMO, the TA will not pass if the rumor of 90 seat jets and up to 200 70 seat RJ's are allowed at DCI. Mainline pilot staffing has been reduced by roughly 40% since 2001.
There were two major hangups in these negotiations. Pay was not one of them. Scope and the defined benefit plan. It appears that the DB may have been addressed. Scope was decimated.
What the hell do I know though? I just work here.

I hope that you are wrong and that the agreement is more amiable. If you are right, though, I suppose I'll see you in the bread lines.

 

[luv2fly]

I hope that you are wrong and that the agreement is more amiable. If you are right, though, I suppose I'll see you in the bread lines.

Don't sell yourself so short 12. I am sure you can do better than having to resort to bread lines. Oh, wait a second, you were being facetious again weren't you?
I hope that I am wrong as well, not just for the DL pilots sake, but for the travelers that frequently inform me that they are sick of them. We'll see.

 

[Ch. 12]

Don't sell yourself so short 12. I am sure you can do better than having to resort to bread lines. Oh, wait a second, you were being facetious again weren't you?
I hope that I am wrong as well, not just for the DL pilots sake, but for the travelers that frequently inform me that they are sick of them. We'll see.

Some days I think life would just be easier on the bread lines. But being in this industry, I have already experienced them and know that it isn't as "easy" as it seems. Yes...there are always backups...but I sure do like where I live and what I do so hopefully I don't have to resort to backups...even if they are better than the true breadlines.

What? Me facetious?? :blink:

 

[TheDog2004]

You'd think more details of this thing would leak out by now.

 

[FWAAA]

You'd think more details of this thing would leak out by now.

I'd be willing to bet that the details did leak out right away - the same details that were then vehemently denied by DALPA. Nothing stays a secret.

 

[luv2fly]

Some days I think life would just be easier on the bread lines. But being in this industry, I have already experienced them and know that it isn't as "easy" as it seems. Yes...there are always backups...but I sure do like where I live and what I do so hopefully I don't have to resort to backups...even if they are better than the true breadlines.

What? Me facetious?? :blink:

This pretty much sums it up 12.

Last night while I lay sleeping,
I died or so it seems.
Then I went to heaven
But it was only in my dreams.
But it seems St. Peter met me,
there at the pearly gate.
He said, "I must check your record,
so stand right here and wait.
I see where you drank alcohol,
and swore quite often too.
Fact is you've done many things
that a good person shouldn't do."
"We can't have people like you up here,
your life was full of sin."
Then he read the last of my record,
grasped my hand and said
"Come on in."
He took me to the big boss,
"Take him and please treat him well,
He's worked for an airline, sir.
He's had his share of hell."

 

[Ch. 12]

This pretty much sums it up 12.

...

Perfect. 😛

I often think how nice it would be to be working in the oil industry right now. Unfortunately, I have ethics so that has kept me from joining the crooks.

 

[Deleted by Moderator]

My family and I have made a concerted effort to buy gasoline from anyone EXCEPT Mobil and Exxon. We received an email that said those are the 2 biggest oil companies in the states (duhhhh) and if millions of people just went to any other dealer, they'd be forced to drop their price. I wish I had faith in the public to do so, but I'm not so sure about that, but I'm going for it. I'm definitely going out of my way to use these other stations and if I plan ahead and make a point to fill up when I'm by them, who knows, it may work.

Hopeful!