From Contrails 19 dated June 9, 2015

Profit Sharing:

• 20% trigger modified from $2.5B to $6.0B for profit sharing distribution for year 2016 and onward (paid on 2/15/2017)
• 5.74% of variable compensation converted to fixed compensation in the form of hourly pay rates, assuming the Company achieves PTIX of $6.0+ billion every year
o This impact is reduced if PTIX is less than $6 billion
• No cap on profit sharing (no change)
• Change in PTIX definition:
o Treat management compensation same as other employees compensation
o Remove stock volatility from profit sharing calculation by removing gains/losses on equity securities
• Changes would not become effective until 2017 profit sharing payout
• Base pay rates increase 17.9% prior to first profit sharing payout under the new profit sharing formula

Still no answers Falcon7. http://www.airlinepilotforums.com/de...ml#post2048407