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Old 05-20-2015 | 06:19 AM
  #4416  
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bohicagain
looking for underboob
 
Joined: Aug 2007
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From: NYC 7ER LCA
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Originally Posted by pilotstats
Silly people and fear of seemingly small numbers.... 9% upon ratification and 9% on Jan.1 is an 18.81% increase on the amendable date; about 1/2 point ahead of C2K 2004 rates! Hooray, it only took 12 years. Profit sharing would not change for 2015 (like last time) so that adds another 19-20% on top of 2015 earnings, don't you just love the frosting on that cake!

Since we all love to speculate here, let's go with the PS plan changes on the bottom to move 5% over to the rates, (9/9/4/4 is actually 9/4/4/4). Therefore in 2016 you are being paid more than 2004 rates, and even though you lopped 5% off of the PS calculation, the projected payout (using the 2015 estimate), would still add roughly 14-16% onto that amount come February.Looks like quite close to C2K plus inflation.(and way ahead of the previous peak for PMNW pilots). Yes I think we would see C2K+14.5% at least for the 2016 year.


Given a status quo in the rest of the contract it's a no brainer. The interesting parts will be in other than Section 3, will we gain or lose? We've seen giveaways and gains in all different areas. Quantifying that will be the part that needs the most scrutiny.

Why do we need to give anything away?

During bankruptcy when Delta guys took 46% pay cuts what did the pilots get in those negotiations for helping the company out? What was Delta's giveaway then? Was it PS?
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