Actually, that is exactly my point. I am a huge of fan of getting rates irrespective of profit sharing. I think we have missed the point by negotiating the two as interdependent items when they should be mutually exclusive items of negotiations.

Profit sharing is the distribution of "found money" paid after expenses have been paid from revenue. I want my pay rates to be industry leading realizing that the expenses which are deducted from revenue will be greater thereby rendering the profit sharing pool smaller BUT, that is a-okay with me because I would prefer a 1:1 distribution of money on the 15th and 30th each and every month rather than relying on a one-time partial (i.e., 20% or 23% or some percentage around there but certainly not 100%) distribution on Valentine's Day. This way, you get paid industry leading wages at 100 % and then you get paid a nice bonus on Valentine's Day if/when there is a profit to be had.

Unlike some here who have only seen sunshine and roses in their Delta career (BobZ it would seem), I have been here long enough to see the "airline cycle" (which I guess equates to Black Swans....) and even experienced Joe Kolschack's self-described "interim career deviation" with 1,300 other pilots so yeah, I am a little bit jaded. Pay me now and if there is $$ left over, pay me some profit-sharing. I expect the pay on the 15th and 30th. I do not expect/plan on/rely upon a distribution on the 14th of February.