Originally Posted by Bandit262

The initial 8% raise was offset by some concessions that would probably be quantified in the 1-2% range. To state that the 1/1/16 6% raise would be totally offset by the Profit Sharing giveback is inaccurate. The PS plan was untouched for the 2016 earnings year with a normal payout in February 2017. So for the 2016 earnings year, there would have been a 6% raise on earnings NOT offset by PS reductions.

However, in 2017, the PS reductions would have taken effect, virtually eliminating the 6% 2016 raise. This combined with the 2017 raise of 3% would have actually yielded a paycut for 2017 vs. 2016.

It really matters not, as the proposed TA was rejected overwhelmingly. The Negotiating Committee has put forward a proposal with substantially more value for the Delta pilots.

Jim Villers
P2P Chairman