Originally Posted by
FL370esq
No one said to set PS at zero but it is clearly a variable out of our control. If we turn a profit, great, if not, well...we should still have industry leading pay after these negotiations. Why (and how) do we have to place value on a variable? It should be a disbursement over and above to compensate and motivate for windfalls.
This is a cyclic industry with huge variables. Oil, weather, IT meltdowns, stupid management decisions...any and all of which can affect the profit margin. Hopefully we had our one and only "Black Swan" event on 9/11 but I still believe in the business cycle and it isn't always going to be upward. Not sure when it comes down but it will correct itself. It always does.
I'm writing a lot today... Hey! If/when we have a downer year and get no profit sharing DALPA will be called foolish on the Forum for not having traded when the chance presented. This is a clear case of different opinions thru out the group. Some would trade some, some none, some a little. I'm senior on the 764 and based my hours and the current UAL rates: I'm making 65k a year less than UAL in a no profit year. That's unacceptable. OFG