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Old 06-19-2015 | 03:09 PM
  #20  
BobZ
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Joined: Jun 2015
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ftb......anyone who is half awake.....and has been employed in this business for any length of time (excluding perhaps airline management) will eventually come to the unavoidable conclusion it is not an economically stable industry.

never has been....and is not likely to become one.

we have always struggled coordinating the intervals of 'good times' with the intervals of amendable dates for our working agreements.

More than once, after being locked into a concessionary pwa....and with economic conditions improving....dalpa has approached delta management with overtures to modify the pwa given the improving economic performance.

and more than once...we have literally been told "a contract is a contract".

otoh...the company has sought...and almost uniformly received our 'cooperation' to modify the pwa on the downside of economic and demographic cycles.

Profit sharing is not some kind of undesirable variable in our compensation.

It is probably THE most intelligent compensation device EVER arrived at in our PWA. It is the most effective solution to the ebb and flow of the economic performance of delta.....and the amendable interval of our working agreements.

will profit sharing diminish in the future?...absolutely. will it in all probability return at some future point? yes. And this return will arrive with no need to hear the words..."a contract, is a contract."

It is curious, an individual who would vote yes on this ta...and advertises entrepreneurial success that comes with being an equity holder in a business activity......would then seek to diminish....and...eventually eliminate the ownership position profit sharing represents at delta not only just for the pilots....but ALL the employees.
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