Thread: Bonuses
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Old 02-01-2018, 04:16 AM
  #4  
crxpilot
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Joined APC: May 2012
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Originally Posted by astaz View Post
Operating revenue was up 12.7% in Q4, which makes sense with your statement of increased passenger counts etc. However, our bonus is based on Operating Income, which was down 61.6% in Q4. Why? Operating expenses, 757 retirements, increased lease payments, aircraft acquisitions, training, aircraft standardization, and other factors probably all influenced the increased spending. I agree with a number between 2.5% and 3.0% for what will be announced for profit sharing. Possibly on the lower side of the range due to an increased number of team members and pilots sharing the 5% contributed to the profit sharing pool.
The wrong number is being used here. Its not Operating Income but Adjusted Operating Income which was only down -9.7% vs the -61.6% you were referencing. See the slide at:
https://g4connect.allegiantair.com/profit-sharing
Then you throw in the Trump bump and its gonna be a great payout!
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