Originally Posted by
Planetrain
The profit sharing pool is a fixed amount based on PTIX. Our allocation floats based upon our collective percentage of the total eligible wage pool. If all the pilots wages go up, the total wage pool goes up, but the other non-con portion (flight attendants, mechanics, etc) remains the same (unless they get a raise too). So assuming our raise out shines the non-cons’ raise for 2023, yes the one time payout makes a difference.
Ok, thank you for explaining that without lighting me up. I honestly didn’t know that. I thought it was just a set 10% of PTIX for the first $2.5B and then 20% after that.