Originally Posted by
Carl Spackler
Your view doesn't matter anymore than mine. What matters is that you can't cost out profit sharing when developing the future cost of a contract.
And if they try to use profit sharing in their total cost figure, they will run afoul of the NMB.
All correct except your addition of profit sharing.
You're describing a non-union airline which is to allow management and shareholders to determine the size of the pie, and then we employees fight amongst ourselves for the allocation of that pie. A union is supposed to define the size of the pie via the maximum allowable under the law. That definition is always far more than the company wants to give. If we're just accepting what management is already willing to give, we're just like any non-union shop.
Carl
so in your world the company cant cost out the jeta for the next quarter or year because the future price is unknowable, get real.
dude stop. you have plenty of good points to make but you arent right on this one.
profit sharing is easy for the company to cost, its ten cents out of every dollar of profit upto 2.5b and 20 cents of every dollar above that