Originally Posted by
80ktsClamp
We squeaked in above 2.5 billion at around 2.7 billion. Let's do the math:
15% (pre C2012) of 2.5 billion is 375,000,000 vs. 10% (C2012) of 2.5 billion is 250,000,000.
Pilots get about one third of the profit sharing pool so take one third oh the difference between your two numbers and you get appox 42 million. Where have I heard that number before!?!
20% (the amount above 2.5 billion) of 200,000,000 is 40,000,000.
415,000,000 (pre C2012 concessionary value) is more than 290,000,000 (C2012 value), right?
That works out to be about a 6000 dollar reduction for me.
That is a 30.2% reduction in profit sharing money that we could have had. We gave up something we didn't need to give up in C2012. Trying to spin it any other way helps the DPA.
edit: I can't remember if pre 2012 it was 15% for all values. Just to cover my bases, that would have been 405 million vice 290 million, yielding a 28.4% reduction in payout in C2012.
Since the amount of profit sharing we get over 2.5 billion remains unchanged, that has no bearing on the subject. We get the same amount from both contracts. The most we lose out on in profit sharing is 42 million. Not saying I like it at all but I just cannot follow your reasoning.
Denny