Thread: Allegiant Air
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Old 04-28-2019, 12:09 PM
  #6117  
ecam
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Joined APC: May 2017
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Originally Posted by akulahunter View Post
It has nothing to do with corporate greed. Simple explanation:

Delta pilots get 10% or 20% of profits based on the amount of profit. Just for the pilots! DAL's quarterly profit amount is also significantly higher than ours. ($730M vs $98.5M in Q1)

WE share a much smaller percentage of profits (historically 5%) with the entire company... Together, that results in a comparatively much smaller check.

Next contract, pilot-only profit sharing carve out! For a much higher percentage than 5% and make it fixed, not based on performance goals that could equal a 0% share.

Also, there is nothing that guarantees ANY profit sharing. They could cancel the program tomorrow and we would get 0, as long as they cancel it for the entire company.
That sounds like corporate greed to me. I promise you that the execs never get a 0% share.
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