Originally Posted by
Hornet1
Depending what Delta's profits are I do believe this change to PS could save the company money even when factoring in increased pilot costs going forward. However, Our pay would be roughly the same if the company makes 6 Billion in 2016 whether the TA was 8/6/3/3 and changing PS to 10% between 2.5 and 6B or 8/0/3/3 and leaving PS where it is. I agree with many on this board that say the pay raise is not enough but I question the ones that say the change in PS make it a no go for them. What am I missing?
First, PS is a gain for concessions that were hard won in bankruptcy.
Second, any monetizing of PS should have come AFTER suitable a suitable pay raise.
One man's opinion only.