Originally Posted by
SOFA
That's exactly what I'm asking. The pool of the 20% of profit from 2.5b to previous year has just lost 2/3rds of the recipients due to the new non-con arrangement. What I am asking is for legal clarification on how that 20% of our total profit in that "gray" area is divided up if there is only ONE group that is entitled to it? It appears that the whole value is divided amongst the only remaining group, the pilot group. That would be a BIG egg! Do we need to focus on this? Can we use this? I don't post a lot, but I will when it may be a player. Any post-o-philes have input? Or should I go back to surfing porn?
IMO our contract defines the profit sharing pool. My opinion doesn't mean doodly squat.....
It's my understanding now that our profit sharing will be determined exactly the same way as in previous years (For the purpose of figuring pilot PS, the non contracts are assumed to have the same calculation we do.) After our PS figure is determined, the company then goes in and figures the noncontract PS based on their new calculation and the rest goes back in the corporations coffers.
Denny