Originally Posted by
Trip7
Profit Sharing Payout based on $10 Billion Company Profit
C2012
2.5*.1=250 million
7.5*.2=1.5 billion
Total=1.75 billion
1.75B/63M
=27.8%
Rumor 2015
4.5*.10=450 million
5.5*.2= 1.1 billion
Total=1.55 billion
1.55B/63M
=24.6%
12 year 777 Captain C2012 vs Rumor 2015 based on $10 billion profit in 2016
C2012
$270.25*1.277= $345.10 effective pay rate with 27.7% PS payout
Rumor 2015
$270.25*1.09=$294.57(DOS 9%)
$294.57*1.06=$312.24(6% raise on 1/1/16)
$312.24*1.246= $389.05 effect pay rate with 24.6% profit sharing payout
$389/$404= 4% short of C2000 buying power plus inflation at the end of 2016
The devil will be in the details.
As Gloopy said, giving up more "DC9 flying" is a non starter. Watch after giving more 76 seaters a reduction in some of the narrowbody orders.
Spending even more time away from home and slowing seniority progression with additional productivity gives is out of the question after stagnation that's occurred these past 15 years. Let's not screw this up. There's no reason to give anymore work rules. Too much has already been taken. The time is right to get the right contract. Let's not rush this.
Whatever the offer is, DALPA needs to present pro/con, fair and balanced. No sales jobs this time. It weakens your credibility, it makes you look like management tools and weakens the entire structure of the union we call ALPA. DO NOT present the lopsided sales job.
When you say "end of 2016" do you really mean beginning 2017 out of curiosity? Why would you state it that way?