There is only ONE reason management wants us to trade away some of our profit sharing, and it's NOT because they think future profits will be smaller. If that were the case, they would be fine with us keeping it as is.

But they KNOW profits are going to go up, even more than the $10 Billion they are forecasting for 2016, as they continue to invest in outside carriers all around the world.

Our only hedge against them outsourcing our international flying jobs to all the other JV Partners is keeping our profit sharing as is.

Here's an accounting reason they would like to trade our next pay raise for profit sharing: Taxes.

If instead of giving us say, $1 Billion in profit sharing, they gave us a $1 Billion pay raise, they would pay income taxes on $1 Billion -less- profit.

We see it as a wash, either way we get $1 Billion, but if it's profit, they have to pay income tax on it first, then give it to us too. The bankruptcy income tax write offs are about to expire, at a time when the company is making unheard of profits, so you know they are trying to limit their next income tax bill.