Originally Posted by
Army80
Carl,
Maybe the company:
1. Wants to get profit sharing for all the help reduced.
2. They believe that in order to accomplish #1, they need to start with the pilots. (The other groups can be done without negotiating) The optics of cutting the non union profit sharing, without cutting the pilot's profit sharing, could be pretty ugly.
3. A contract that adds cost to the pilot group can be offset by the savings garnered from the rest of the employee's profit sharing reduction. Even though the rest of workers will probably see a pay increase, it can be sold in with smoke and mirrors to look like it's a net gain.
I don't see the company's desire to get a quick deal as an automatically bad deal for us.
As a transpose to your last statement....
Would you agree that seeing our desire to delay passing a TA, until it's right, as not necessarily a bad deal for us either?
I'm not saying blow up the rat and start picketing. All I'm saying is that ensuring the pilot group gets a TA that can stand on it's own is more important than just meeting a timeline. Time is in our favor as the company is tied into paying 20% on every dollar earned above $2.5 billion PTIX. I have no doubt PS is in the crosshairs, and if the discussion to replace it with income is going to occur, it'll have to be a straight forward apples to apples comparison based on forecast PTIX over the contract term.