Originally Posted by
Falcon7
I'm not sure about what fiscal calamity you are referring to, but it's rare to see a pilot who would ever want to trade a percent of pay for a percent of profit sharing in this industry. I'd be making a lot more money with a 14% pay raise, even if it meant 5% less profit sharing. Not enough for you, ok, I can buy that, but don't pretend your making more by giving up a 14% pay rate increase to keep 5% more profit sharing. It's simple math.
On the surface, it may appear to be simple math, but add in all the concessions and it became anything but simple, it became cost neutral, or worse. But you know this. We've been over this.
Captains would have been getting a 14% rate increase. Most FO's would have been funding that rate increase with a pay cut.
Thank you to every Captain that looked past the sales job and decided POS15 wasn't enough!!