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Old 12-19-2014 | 07:38 AM
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APC225
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Originally Posted by El10
Great conspiracy theory. With that said you do know that our PS formula is an exact copy of the Delta pilots profit sharing formula, right?
I don't know what ours will be to the penny, but it sure as shootin' won't be two months of my salary.

Delta Takes Aim at American for Its Lack of Profit Sharing - TheStreet

FNEW YORK (TheStreet) -- Some people in Atlanta seem to be getting a kick out of labor's call for profit sharing at American (AAL)

Stories on a Delta (DAL) employee Web site, posted Monday and Tuesday, attack rival American for not paying profit sharing in a year when Delta will pay out more than $1 billion.

Tuesday's story began: "Despite pressure from his employees to implement a profit-sharing program, American Airlines CEO Doug Parker said Monday that profit sharing is outdated."

The story quoted Parker, in an interview with Reuters, as saying, "We should move back to what normal industrial companies do, which is pay people [what] they earn" without profit sharing.

It also quoted from a 2007 US Airways press release, issued after the company distributed profit-sharing checks, as saying: "I'm delighted that today our employees will share in this success through our profit-sharing program." At the time, Parker was US Airways CEO.

The story noted that Alaska (ALK) , Southwest (LUV) and United (UAL) all have profit-sharing programs, and said "Delta is expected to pay more than $1 billion in profit sharing to employees for 2014, the highest payout in the industry. Total 2014 profit sharing for Delta employees will average nearly two months' salary."
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