Originally Posted by
gzsg
In my opinion yes. That's what is great about these forums. Any BS gets challenged.
I believe it to be within 1%.
We have to remember is varies on what we make vs our fellow employees. Our portion will increase significantly with C2015 increased hourly rates that exceed American's. So my estimate is 41%.
2015 24.5% based on $6.2 billion profit.
The formula are in the contract AFAIK. Can you jot down some numbers for us to show us where you came up with this? Not saying you are wrong, but I'd like to see how you came up with 41%.
The issue I would see is how much ruckus the institutional investors would raise if the pilots were getting 40% of the profits of the company. Frankly I don't see that as sustainable. So here we go. The just say no crowd is gonna say that we just hold out unil we get better payrates. OK, fine. Let's do that. Meanwhile our PS is based on current rates. Somewhere the line of pay increase of X% will cross with profit sharing and that is when we can reasonably expect the company to cave. So in essence, we would be funding our pay increases with the profit sharing by doing nothing. Before ya'll get your panties twisted, I am not advocating monetizing it outside of section 6 or that we need to "rush" to a deal. I am simply saying that if we do nothing, we have in effect monetized it. So how do you reconcile it? At what point is making a deal important?