Originally Posted by
Learjet driver
I have heard the union say over and over that our profit sharing is almost identical to Delta's. If we made the same money we would make the same profit sharing. Well Delta made 4.5 Billion in 2014 and they received a profit sharing check between 16-17%. We made 4.5 billion in 2015 so it seems reasonable to think that our profit sharing should be almost exactly the same payout that Delta received last year.
Your mixing apples and oranges.
Delta earned $7.157B last year before taxes. United earned $4.219B before taxes.
Delta had $4.526B net income after non recurring $2.631B tax PROVISION; after non-recurring $3B+ tax BENEFIT, United earned $7.340B net income.
Read 3-H-3. It clearly states profit sharing is based on PRE-TAX profit. We weren't close to DAL on pre-tax numbers.