Originally Posted by
SharpestTool
We know that PS is currently 16% plus. We should know that somewhere down the line it will be worth less. Our risk is that if profitability wanes, we see smaller PS payouts. To mitigate that risk we wish to receive par or even a premium in the form of additional fixed pay rates.
Give the fear mongering a rest Tool. You're like a hyena yelping around these boards trying to sell Fear, Uncertainty, Doubt. I understand this is standard protocol during contract negotiations to steer opinion. Not sure it's going to take this time like it did for C2012.
We don't know profit sharing will be less than 16%. In fact there is a very high chance it's going to keep going up if we don't screw with it. Did you watch Ed speak in the ATL crew lounge recently? By the end of this year our debt will be 5 Billion. Two years after that it will be ZERO. That's right, zero, with a HUGE reduction in associated interest payments.
Delta is on the verge of minting money like no airline has in the history of the world and your on here selling fear to get people to feel good about cashing in profit sharing pennies on the dollar. Take your crazy somewhere else....we're all full up here.