Originally Posted by gzsg

Why does management want to reduce our profit sharing so badly??

Clearly Delta is on track to make a $4 billion dollar profit this year and $5 billion or more in 2015. IMO much more because we are getting close to an oil melt down similar to 1986. Russia and others depend on oil money and no one is going to reduce output. Just like 1986. The price will continue to fall.

Each .01 cent reduction in the price of fuel saves Delta $40 million per year.

We get 20% on profit above $2.5 billion.

And 2016??

Does anyone think Delta will not hit the $5 billion dollar debt total early?

Is the lackluster economy picking up steam? The Fed believes so.

Will Delta profits keep increasing? Pretty safe bet.

As the Fed increases interest rates in 2015 our pension obligation will begin to slowly decrease coupled with higher market returns.

Reducing profit sharing one more penny ensures cost neutral and destroys any hope of a "historic" C2015.