Originally Posted by
Rabid Seagull
Outsider looking in...
We all know DAL will make lots-o-profits in the years to come ( as of today, anyway). If your TA gets voted down, you keep your current profit sharing formula? What stops RA from using/ hiding that profit in the future to "stick it to you"? Any oversight?
Lordy knows all my previous companies have used/ bought/ built/ invested in questionable ideas to "use" profits...
1) Reuters/Delta Air Lines Inc (
DAL.N) is hoping to strengthen partnerships with carriers in
South Korea, Mexico and Brazil, and it has been approached about investing in Japan's bankrupt Skymark Airlines, Delta's president Ed Bastian told reporters Monday.
2) training centers
3) buying regional/ global airlines
4) buying hotels
5) etc
( not an ad for a yes vote in any way, good luck)
I don't have excel on my ipad so this is a copy paste. I hope it pastes properly. It uses DALPA profit projections and compares profit sharing using c12 vs TA15, again using forecast numbers.
https://onedrive.live.com/view.aspx?...FkQEETOrKDbpiM