Originally Posted by
SayAlt
Barking seal is barking (again). It is oblivious to it's lack of credibility and just continues to bark.
What barking seal doesn't seem to understand is the PS threshold @ $2.5 billion vs. the raise to $6 billion in TA1
combined with falling oil prices.
Barking seal fails to realize that every $.01 drop in Jet A saves DAL $40M/year in fuel costs. Put another way, DAL EARNS an extra $40M/year in profits for every $.01 saved...with C2012 PS threshold @ $2.5B, not C15's $6B.
THAT is what will force RA back to the table.
No matter what the level of profit the reduction in profit sharing can never be more then 5.74%. I am not sure how exactly that forces the company to give us much larger raises then the 22.5% in the TA. (21.5+1% dc)