And if you take the argument to the other extreme...
This is a built in cost reduction during a loss, which makes it easier to recover to a profit. If we were ever to go through another bankruptcy and have profit sharing, the carrot would have to be more PS not just getting some back.
The airline is built tough for huge profits. The JV's are raking in the cash. Don't sound so beaten. Don't give up. It would be stupid to think that way right now. Huge profits are forecasted for many years. Why trade a huge benefit for something we'd see limited return on and only for a year or two? Didn't you enjoy your industry leading pay + industry leading profit sharing last year?
I did. Don't be scared.
Tail