Scambo beat me to it.

I haven't heard 1 official word from the company or DALPA on any of this. There has been no formal discussion on C2015 and won't be until April of next year. Lots of things can and will change between now and then.

The article that I read on Deltanet was talking about the American FA's and their unhappiness with a lack of profit sharing that our employees have. My takeaway was it was a not-too-thinly-disguised reminder to our FA's that they shouldn't even think about voting in a union. I couldn't tell if it was a pep rally or a threat, but the message was the same.

Some guys on here have taken that as a shot across our bow which is way premature. Even if the world does evolve around pilots, I don't think that article was meant for us.

And to all the "No" voters out there without having seen a shred of real contract language from C2015: anything is for sale, it all comes down to price. If they want to bake the value of the profit sharing into our payrates, I have no problem with that - provided the premium is significant.

The math for C2012 is also easy to do. The part above $2.5B DID NOT CHANGE (although most of us probably never ever thought we'd see profits at that level.) The only part that was monetized was the first $2.5B reduction from 15 to 10%. The math has been widely shown here and is equal to roughly 2% every year whether we make a profit or not.

Yes Wall Street hates profit sharing (only when there is a profit) and no that shouldn't surprise anyone.