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
Okay, isn't saving $500 million by changing the PS parameters company wide (Because we all know that will happen. If you don't think so you are naive.) more than the cost of $400 million for the fixed increase of 15% for the pilots? Heck we are already paying for 5.74% with the PS swap. Even Alpa admits that based on a profit of $6 billion plus. And what are the projected profits for the next three years..........
Enlighten me. What else is wrong? And what three are improvements. Facts only please.
Denny