Originally Posted by
notEnuf
Part C
Profit sharing is worth 10% of 2.5B + 20% of 2.5B+
2014 was 4.5B
250M + 400M based on 2014 payout. = 650M
If monetized dollar for dollar: 650M
That's a 28.8% pay increase day 1. If you keep profit sharing at 20% above 4.5 billion this is a cost neutral deal.
You might want to check your math. The pilots are now about 37% of the profit sharing pool.