Originally Posted by
Herkflyr
You are missing one crucial point. Had we not given up some PS last contract, then our pay raises would have been less. TAANSTAAFL--There Ain't No Such Thing As A Free Lunch.
Didn't we just get a UAL/AMR average pay increase in April? With 3B4, we would have had the same rates anyways, without the 2012 Profit Sharing give back.
Not only did Failed TA2015 give away more profit sharing, it watered down the PTIX to reduce further PS on top of the percentage give back... and then, wait for it..... it would have added PS to 3B4 comps making 3B4 virtually worthless.
Don't give up profit sharing, don't water down profit sharing, don't water down 3B4.