Originally Posted by
Doug Madsen
Really? Which part of this article said that:
Credit Suisse noted that the fixed increase of 15% by the amendable date is slightly more than it expected, but the profit sharing offset is more significant at this point. With the 20% profit sharing threshold moving to $6 billion for all employees, the firm expects approximately $500 million of potential savings, compared to $2.5 billion of threshold. The firm believes that this will be large enough saving to offset the fixed increase of 15% for pilots, giving extra cost of approximately $400 million.
So, ALPA puts out a list of approximately 60 improvements, and your counter is 11 "cons" of which 2 aren't even true and 3 are actually improvements
I read it is as 15% for pilots gives an extra cost of approximately $400M and PS is a potential savings of $500M, net -$100M for us.
Even if it was a wash, now add in the cost of concessions.