I disagree that the TA produces no changes to PS. See Section 4.I.

Why did the company amend the Delta Pilots Annual Profit Sharing Plan on 1/1/2016? During Section 6 but outside of Section 6 negotiations? Or, was it part of the negotiations and the NC is withholding that information?

The amended language includes the non-contracts' pay in the formula for determining the pilots' profit sharing. However, the non-contracts get only 10% of PTIX up to the previous year's PTIX; they don't get 20% of PTIX until the current year exceeds the previous year's PTIX. The non-contracts 20% portion in 2016 won't kick in until about $5.9B PTIX (or whatever 2015 PTIX was). Therefore, the pilots should be the sole owners of the 10-20% PTIX pool from $2.5-5.9B. That's $340 million the pilots should be splitting 13,000 ways...not 80,000 ways.

So Derry has listed over a BILLION dollars of PTIX the company wants to remove from PS.

I'm concluding that every year going forward will see our PS stripped by about 40% if we allow this TA to go through.