Originally Posted by
Arctichicken
The air group is the most profitable passenger airline in the U.S. They have been making record profits on our backs for the last 8+ years. They make 20%+ profit compared to single digits by the big boys and low 10s by some of the more successful major airlines. The legacies make their profit on volume but ounce for ounce, the air group is a powerhouse. According to Mr. Tilden, company’s earnings per share are expected to outperform all but 36 companies in the S&P 500. The air group's net profit in 2015 was $842 million. Just to give you an idea, the air group's 2016 first quarter net profit was $184 million-another record! As we all know, the first quarter is the slowest season.
So to pay out $150-$200 million more for your average 3-5 year contract...I'd say it's quite doable!
For everyone out there, please take the time to educate yourself. You have heard of the internet, right!?
The only thing stopping us from achieving a industry leading contract is Brad doesn't want to be fired. I don't see how he and/or Ben can survive "giving" us a large raise. Perhaps a large golden parachute is in the works. Something has to change for there to be movement.