Originally Posted by
Check Essential
??? "probably less" ??? Its less by an order of magnitude.
We still have never seen a number for how much Delta saved by terminating the pilot pensions.
Now there's something that I would trade profit sharing for. All the money we lost when they took our pensions.
Americans A plan was only for 25% to 35% of FAE not 60% like the Delta plan. It was also funded at better then 80% at the time AMR filed for chapter 11. It's funding obligations were a tiny percentage of what the Delta plan owed. With market performance the last two years it's possible their funding obligation could be zero. Still over time I think it will be close to the profit sharing. It's nothing like what you state. The plan is frozen.