Originally Posted by
TenYearsGone
Take 10% of your last DEC check total (Oct PS was an addition to that).
With the forecasts, I hear 2015 will be a little less than 30%PS and 2016 will be a little less than 50%. Can this be? I know these numbers are subject to any future negotiations and market conditions. If these numbers are true, we better not get rid of PS.
TEN
For a rough estimate each 500 million in profit sharing will net about 8% in your check. Delta is projecting somewhere between 900 million and 1 billion in profit sharing this year so your estimate for next FEB of 10% should be very close.
The follow on years seem very high. We would need almost 2 billion in profit sharing money to reach 30%. That would require a pretax profit of around 11 billion. The last forecast I saw was for a 6.5 billion profit in 2015.