Originally Posted by
Flyguppy
If you think we are getting the same as last year......
How do you explain that almost 30% less has been put away for profit sharing YTD vs. last year at this time?
$204mill put away so far vs. $277mill at this time last year.
See page 12
http://ir.united.com/~/media/Files/U...gs-release.pdf
That was for the quarter. Look to the right for full year. 39M less for the year than last year. So 7.2% less. But remember, pilots are the only ones (I believe) that still get the 20% bump above 6.9% margin. And year to date we are .8% above last years margin. 13.1 vs 12.3. FAs new contract for example is only 10% vs 15% last year, so their share went down.
I don't think we'll get more this year, but I think we'll be pretty close to the same % as last year unless we miss our Q4 numbers based off the fact that we get a bigger slice of the pie the higher the profit margins are.