Originally Posted by
Denny Crane
I believe it went something like this: Pilots had negotiated 15% profit sharing so company gave rest of employees 15%. Company forsee's making over $2.5 billion while in negotiations with pilots on new contract. 5 percent of profit sharing monetized into pay so company can lower profit sharing to 10% (up to $2.5 billion) for pilots and rest of company employees.
(They had 15% while we did.)
Denny