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Old 01-09-2015 | 10:54 AM
  #3143  
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Timbo
Runs with scissors
 
Joined: Dec 2009
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From: Going to hell in a bucket, but enjoying the ride .
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It was mentioned about a month ago, that Richard made the comment that in 2016, Delta 'might' make as much as $10Billion.

Want to guess what our profit sharing payout would be on that amount?

If $4B profits net us roughly 15%, then 2.5X that amount is 37%.

So how much of a 'raise' would you trade for that? Another 4,8,3,3? Spare me.

We would have made an additional $1.3 Billion in 2014 but for our fuel hedge losses.

I'm guessing by 2016 they -might- have the hedge thing sorted out...or not.

The point I'm trying to make is, WHY would you trade profit sharing at all?

RESTORE our PAY RATES and keep the profit sharing. When they came to us to save them from bankruptcy, they didn't ask for a pay cut OR our retirement plan, they took BOTH!

It's PAYBACK time! (It's actually LONG PAST payback time!)

We are STILL below 2004 pay rates! And our retirement funding SUCKS!

WAKE UP!
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