Originally Posted by
Purple Drank
This is exactly how c12 started. We thought we had leverage, and we did until dalpa ****ed it away. Next thing you know, we rushed into 4833 with a profit sharing giveback (plus other significant concessions).
I hope we aren't stupid enough to fall for it again.
Let's take our time and enjoy the massive profit sharing check we stand to earn in 2015.
Lets stop this Drank. C2012 is over and this is a new Delta. C2012 the company was somewhat profitable but had a whole bunch of problems to yet address. What problems do we have now? We are kicking serious butt in almost every way possible way. Debt down to squat. RJs are going out of business. We are currently upside down on fuel hedges and shut out of Haneda and our Intl Code partners (IMO) are weak. That's about all and we can't fix those. New day, new contract, everything is up for consideration. I personally like my profit sharing a lot. I think 2015 is going to be large and 2016 potentially huge. I think the 20% over $2.5B represents a rare screw up by this management. I think they wanted PS as a good times motivator--work harder thing and a bad times automatic pay cut. I doubt they were planning on these kind of numbers this soon. I completely agree with Drank that there is no need to hurry. The only exchange for the PS program is a massive raise. If we get a massive raise it will reduce the profit available to share. So be it. OFG