Originally Posted by
poopplop
That's great. It's amazing that some people here actually suggest that you should pull the ladder up from behind you. Very sad. Fellow ALPA pilots on here flying the same passengers under the same management upset that their wholly-owned brethren (who are NOT getting profit-sharing checks) are getting half decent nonrev priority so they can get to work. Unity at its best.
I write this knowing the majority have better attitudes than the few bitter authors on this website.
From one former regional guy to another, you need to drop the “we aren’t getting our profit sharing check.” It sounds like a whining child routine. Here is an excerpt from an ALPA e-mail that outlines why profit sharing exists and gives a brief history on it. Being a tad bit educated on the history of profit sharing might make you change your tune a bit:
Voluntary Concessions & Profit Sharing Institution
Post 9/11, Delta pilots took the initiative to try to help Delta stave off bankruptcy by agreeing to contractual concessions (LOA #46), saving the Company nearly $1 billion per year. Part of this agreement included the negotiation of pre-tax profit sharing – pilots took concessions on pay, benefits and work rules, but also hedged for a future where they could be compensated when Delta was profitable.
Bankruptcy Concessions & Profit Sharing Enhancement
When Delta declared bankruptcy, the Company gained additional concessions from the pilot group (LOA #51). Enhanced profit sharing was negotiated to allow for an eventual recoup of some of the lost income resulting from those concessions. Again, Delta pilots agreed to relinquish tangible contractual benefits, but expected that any return to financial viability would allow for a share in resulting profits.
Profit Sharing Benefit Realized
Profit sharing was negotiated by the pilots in an attempt to reduce the potential for concession overreach. As profitability returned to the Company, this negotiated provision became a tangible benefit.
Financial conditions at the Company have continued to improve and while some negotiated changes in C2012 affected profit sharing, pilots rejected any reductions to the benefit in C2015. This likely benefitted the non-contract employees as well since their profit sharing was subsequently reinstated from earlier reductions.
As you see your checks arriving, remember why they exist – not because of charitable goodwill or a culture of care, but because the pilots of Delta had the forethought to protect themselves when they were facing onerous, life-altering concessions.
In closing all of my time at the regional airlines I was grateful for the opportunity I had. I was grateful for the benefits I had. I also worked hard and hoped to make it to a legacy carrier. I’m here now. Still grateful for opportunities of the past. Best of luck to you.