Originally Posted by
DALMD88FO
And you have still not answered the question. Perspective is based on individual experience. People that say this about profit sharing usually don’t know the history behind how it came to be at Delta. I’m very happy with our profit sharing but it wasn’t free.
We did pay for it of course. And the company has freely chosen to #metoo it to everyone else for free. Good for them.
Its funny watching how completely emotional PS has gotten though. Almost a gambler's high as we feel foundationally entitled to progressively eye watering increases on increases beyond anyone's wildest dreams. Probably because the PS we've seen...has been beyond anyone's wildest dreams, especially the company. We let them claw a small amount back in 2012 but that's been it. I think they now accept it as a, if not the, third rail of negotiating politics.
While it was negotiated and therefore paid for, I don't think anyone (especially the company) can credibly claim they ever sincerely thought it would pay these levels. Not just the magical percentage, which some seem to think is a numbert on an exponential, stratospherical, ballistic, permanant increase regardless of what its multiplying LOL!
Literally no one on any side of this ever thought it would be this high. When it was negotiated a year or two of "[one] billion dollar profits" was considered mind blowing and rare. No one, and I mean no one, seriously predicted these levels and for this long.
We got lucky, and I'm glad we did. We're entitled to it because we negotiated it. But its just a function of math and we're still in a highly cyclycal and vulnerable industry. I don't care what it is until Feb 14th and as long as we're paid what we're due, it is what it is and I don't even watch it.