This might be a crazy idea, so don't 'tar & feather' me for the comment. Before I ask the possible absurdity, let me say that I am in no way, shape or form advocating concessions or any other give-back for a lesser pay-out at the end of the year. (Including monthly performance bonuses, profit sharing, hourly pay rate increases, etc.)
What if 'WE' (pilot [contract] employees) were able to receive stock-options, in the form of incentive pay, similar to how RA & sleepy-Ed receive stock options today? It automatically takes the "cost" of profit-sharing payouts for contract employees off the table, but still offers us the equivalent or greater pay-out, depending on what we choose to do with these options? (Theoretically, it could even increase our 'incentivized' pay-out.) All hidden behind the veil of 'stock' versus 'cash pay-out' for the greedy investors on Wall Street, who want to see the Corporate cash for themselves.
Just an idea to get a greater amount of money, without seeing it as cash, or allowing Uncle Sam to touch it at a higher tax rate. (Assuming people don't contribute 100% to their DPSP.)
Just an idea. Blast away!

GJ