SWA believes in free bags too, but pretty much everyone knows that's not going to last. JB finally just caved on it.

I don't think they will try to completely eliminate it. I do think they will try and reduce it. And I think its likely we will see some form of that in the first (and only?) C2015 TA.

Obviously we're getting some percentage of pay table increase. So whatever we get, we'll be told PS is just being transferred. Just like 4/8/3/3. The only question is how much and from what tiers.

A huge danger would be to change the upper tier. That could be done in such a way that it could technically be called a zero reduction in profit sharing. IOW, put the cutoff at or just above 2014 levels, or even projected 2015 levels. Then in later years if it goes billions above that level they can transfer that money to shareholders instead.

I would love to be wrong about this. But I'm absolutely certain there will be changes to PS in the company's proposal as well as in our TA.