Originally Posted by
amcnd
They are guaranteed.. check your facts..
Guarantee – The total PPS distribution will be no less than:
*Guarantee applies only to first half of 2022 (September 15th, 2022 payment)
1) $11.7 million for the sum of the total PPS distributions covering net income in 2017 (reconciled annually).
Pilot Profit Sharing Guaranteed Payment Schedule
2017 2018 2019 2020 2021 2022* Guarantee $130M $135M $140M $140M $140M $70M Percentage Net Profit 9% 9% 9% 9% 9% 9% MinimumDistribution $11.7M $12.15M $12.6M $12.6M
So tell me, how much will your PPS check. E for each one of those years? See, the difference with every other regional is they can tell you exactly how much theirs is going to be and can actually plan for that finite amount.
Also, now you've ignored two of my questions.