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Posted (edited)

Since you asked twice, I’ll assume it’s a genuine question.

Doing virtual stuff at home.  Gotta have a telecommute agreement, approval, etc.  Usually CBTs, OPRs...

Edited by nunya
Posted (edited)
20 hours ago, Hacker said:

What has *really* been hurting Purple financially recently is the combination of the China trade war, Brexit, and TNT integration.  Those three have been massive punches to the bottom line, and are what is really responsible for the "we made less profit than Wall Street folks think we should have made" doom-and-gloom news of the last two quarters.

True, and I definitely agree that FedEx can go out and procure the business that it needs away from Amazon. Hopefully they work a deal / combination move with a large Amazon competitor such as Walmart or even an overseas Vertical competitor. Being horizontal only (shipping specific/nothing created/manufactured/distributed, or sold) may impact growth substantially during these e-commerce times/“we need our stuff now!” Tying in early with Vertical Giants might be the only way out for significant profitable longevity as these Giants pursue horizontal motion. Seems inevitable, we’ve all seen the remote vehicles both ground +air, let alone air cargo outfits growing and ground vans breeding like fleas. One World, Star Alliance, Nike does it; it maybe time to team up. The most profitable design is to be the ONLY source / highest demand low density asset available OR do it all, hence be Vertical and Horizontal controlling all aspects of your operation. $1, $100, $1,000, etc. lower margins are still considered profit, but stockholders/investors, corporate bonuses/parachutes and world domination/ego seems to rule the day.

*All just sideline viewpoints on my part, I’m just an Air Road Trucker and nothing more.

Not too much growth projected this year comparably speaking and the virus isn’t helping regardless of being Cargo or Pax for that matter.

Fred said he has a plan and I doubt it’s a bad one. First contact determines a lot. Things will get even more interesting.

Edited by AirGuardianC141747
  • 2 weeks later...
Posted

Can any of the Delta guys comment on the proposed changes to the retirement plan? I hear rumors that it's a wealth transfer from Junior to senior, but rumors aren't usually accurate.

Posted
33 minutes ago, Lord Ratner said:

Can any of the Delta guys comment on the proposed changes to the retirement plan? I hear rumors that it's a wealth transfer from Junior to senior, but rumors aren't usually accurate.

No actual changes yet. still in contract negotiations. 
 

the proposals are all in addition to current 16% DC. 
 

and the proposals are:

-increase to 25% DC

-create an optional market based cash balance plan for when you hit IRS limits on 401k

—tax deferred. 
—in your name. 
—not managed by ALPA nor delta. 
—guaranteed principle protection (at the cost of low returns). 
 

the rub is the proposed “minimum balance” for everyone for the MBCBP. So if you retire soon, delta has to throw a bunch of $$ into your MBCBP account to get you to the min balance. If you’re young, you’d likely get your min balance from DC overages going into the MBCBP. 

 

Opinions vary wildly. And this section hasn’t been negotiated yet. I doubt the plan survives first contact at the table in its current form. 

  • Upvote 1
Posted

Anybody with a retirement plan needs to watch this. 49 minutes well spent. I'll never argue for more retirement contributions that I can't touch until 65 during contract negotiations. I want the bird in the hand... money today directly into my checking account.

 

  • Upvote 1
Posted

Concur which means nothing regarding me, so I will keep my 2 cents. 
Well supported Torqued, good info. Better in hand than on paper. 

401K, IRA, Matching, %, Cash on hand, Savings, tangible assets (land, manageable RV, Cognac, pre1965 silver, bullets, etc.), wouldn’t count on social security being around.

Diversification means so much more. Somehow hedge your bets. Interesting times.

Posted

What's the word on DAL hiring mil guys? Especial low hour fighter pilots?

Aviation interviews keeps showing dudes with 4K+ hours.  My single seat career isn't going to reach that!

Are guys getting calls/hired?

Posted

I have several friends who were hired by Delta, AA, UAL with < 2k TT (~1.6k avg fighter time) in the recent past. Seems like those numbers are fairly typical for fighter guys who are going earlier than the standard 20 year retired guy. A few of those guys were called before their 20+ year fighter bros were.

Posted

To be clear, they all love that demographic. Most fighter dudes aren’t going to get past low 2k-s in a standard career unless they’ve hit the revolving deployment door timing like a boss (or not like a boss, depending on how you look at it). Guys at the 12 year/jump shit point are ~1.5k, and they’re getting snatched up left and right. Met several Navy dudes who were lower than that. It’s a buyers market, regardless of what company you’re talking about. 

Posted (edited)
12 hours ago, Crosswind said:

What's the word on DAL hiring mil guys? Especial low hour fighter pilots?

Aviation interviews keeps showing dudes with 4K+ hours.  My single seat career isn't going to reach that!

Are guys getting calls/hired?

I was hired at AAL and DAL with 950 hours in the Viper and about 1,750 hours total.  A few of my squadron mates were hired at just over 1,500 hours in fighters.  If you meet the mins then low hours are not a problem.

Edited by SocialD
Posted

The only thing keeping a mil dude from getting hired by ANY major right now is going to be a felony or failed drug test.

  • Haha 1
Posted

The only thing keeping you from getting called for the interview might be felonies and drugs, but there are still plenty of ways to f up the interview, and not giving it the proper respect is the first way.  

  • Upvote 3
Posted
10 hours ago, BADFNZ said:

The only thing keeping a mil dude from getting hired by ANY major right now is going to be a felony or failed drug test.

Ahem, us helo guys would beg to differ.

Posted
Ahem, us helo guys would beg to differ.

I’ve actually known a couple helo guys who did touch and gos at the regionals and then picked up for a Major. Believe it or not your helo time still carries weight!


Sent from my iPhone using Baseops Network mobile app
Posted
12 hours ago, nunya said:

The only thing keeping you from getting called for the interview might be felonies and drugs, but there are still plenty of ways to f up the interview, and not giving it the proper respect is the first way.  

I'm not saying walk in there in flip flops with a cigarette in your mouth because you're guaranteed a job, but it's going to take a lot for us mil types to really fuck it up to not get a CJO from somebody.  I personally don't know a single mil guy/gal that hasn't gotten a single CJO because they fucked up the interview, but of course anything is possible once the door is closed and it's just you and the company suits.

Posted

Other than felonies and drugs, I hear the corona virus, the economic fallout from it, and the Max debacle has stopped United hiring. Good info?

Posted

Just had a bro hired by United a couple months ago. C-virus is overhyped by the media like SARS, Swine flu, etc. I don’t think this will affect anything in the grand scheme of things.  True the Max has hurt more than United, but reference the first sentence - that happened well into the Max saga. 

  • Like 1
Posted
18 hours ago, BADFNZ said:

I'm not saying walk in there in flip flops with a cigarette in your mouth because you're guaranteed a job, but it's going to take a lot for us mil types to really fuck it up to not get a CJO from somebody.  I personally don't know a single mil guy/gal that hasn't gotten a single CJO because they fucked up the interview, but of course anything is possible once the door is closed and it's just you and the company suits.

Regardless... the interview isn't a formality, and guys making the leap are best not to carry the attitude of thinking they have it in the bag. There is still a lot of competition for those seats.

Posted

Saw a mil dude not get hired...dressed well/looked professional, but all I know from a little BSing is he did zero interview prep and had a strong, “I’m here, so I got the job already” attitude. Obviously the interview didn’t go well. So yeah, you can still fuck it up. 

Posted

Yup, 3 of my squadron mates got the call back in 6 months and a 4th didn't get hired on his second try.  One of the guys that was not hired at his legacy interview had been hired by both FedEx and UPS in the two week prior to that interview.  Don't just expect to show up and take the job, unless it's AAL, if you get called down there it's basically yours to lose.  By far, they had the most chill and relaxed interview I've ever done.  Very few people weren't hired.  That said,  still show up prepared. 

  • Like 1
Posted (edited)

Update:  UAL just cancelled the 3 March Indoc class. 
 

I’d tell you where I heard it, but if I “name drop”, Karl Hungus will be triggered. 

Edited by HuggyU2
  • Like 1

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