Originally Posted by
Sunvox
Didn't look hard enough.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here:
https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
So yes, they get more profit sharing, but we do twice as much WB flying, since 49% of their WB international flying is sent to their JV partners per their own pilot contract! I wouldn’t give up 2,000 WB jobs for another $20k in profit sharing. Its not worth it. Those jobs pay much more than $20k a year plus the movement they create.
I know pilots tend to only look at the difference and make a big deal about it, but I’d rather be here than there, all other things being equal. Especially with 23 787s coming in the next 2 years plus everything else being delivered.