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Old 09-10-2022, 12:48 PM
  #27  
Descendto450
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Joined APC: Mar 2020
Position: Airbus 320 Left
Posts: 254
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Originally Posted by Excargodog View Post
A revenue sharing plan WOULD make it more difficult to ‘cook the books’ because even under GAAP, the opportunities to convert profit into something else - something that won’t trigger profit sharing, are legion. Revenue sharing is like sales tax. If you sell something the government gets a cut. So if management sells a ticket, the pilots get a cut. Simple, basic, and hard to finagle out of.
Fully agree, PS is too easy for management to get out of. Plus it would be a separate plan that no other work group would have. If we negotiate a better PS scheme blue books dictates that all work groups would get it. Hence why PS will cost us too much but revenue sharing is IMO attainable in CBA 2.0.
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