Originally Posted by
catan
Does the company take the percentage of profits for all employess and then add 45M for the CAL pilots? Something is not right with this program. I read most of the Q&A stuff and it appears that the CAL pilots are getting additional money. Any idea how the 45M is included?
No, the CAL pilots were always considered "in the pool" for calculation purposes only. The PS-grievance settlement just added us to the distribution column as well. As the MECs and the company have said, no one's profit sharing is being diluted by CAL pilots being added to the payout.
I'm trying to figure out what you mean by the $45 million. My understanding is that the higher total figure is due to the 15% pool contribution being bigger this year vs. 2010.