You said it was "almost like"

If you remove almost, I think youre right.

During restructuring, it was viewed that Delta was the vehicle to promote various corrolary vendors like american express, coke, etc...the core business was an advertising tool...with a captive audience. If you read the vendor list of exit financing backers, you will see what I mean.

Now, we are witness to unbridled short term value extraction...the vampires are sucking the blood. The question is when does the airline get an IV?

Also, the new model is other airline ownership, schedule integration, domestic feed, risk mitigation, codeshare, JV.

As a pilot, you have to ask yourself what do these do to our leverage and what do they do to our/my career potential? Cutting into profit sharing in any way absolutely kills any future benefit a Delta pilot can hope to extract!