Originally Posted by RemoveB4flght

I’ve mentioned to you before the difference between growth companies and dividend companies. LUV pays a dividend, DAL pays a dividend. Investors buy these stocks expecting a share of profits. SAVE and JBLU are growth companies, investors expect to make money through share price increase by achieving target growth rates. To achieve these growth targets, annual profits are either put back into the company (research plow back ratios) or to service debt to do the same. It’s not some tin foil hat conspiracy accounting tricks to hide profits, it’s all public record. Large, established companies are the most likely to pay significant dividends, since substantial growth is more expensive and less likely means of boosting share price (and thus shareholder wealth). This is why those Delta pilots get more significant profit sharing checks, and why the current B6 language doesn’t yield very much.

Even combined with NK, JetBlue has some serious capital expenditures ahead of it if they want to continue growth and expansion to break into the legacy playing field. More planes, more staff, more infrastructure. It’s highly unlikely that JBLU will offer a dividend to shareholders for the foreseeable future. This is also why it’s unlikely that stronger profit sharing language will result in those fat annual checks you salivate over. Revenue sharing may result in that, but a slice of the pie before all the bills are paid, or even the shareholders are paid, well that’s an even tougher ask.

TL/DR it’s foolish to expect profit sharing to yield anything significant until the stockholders who own the company are receiving a taste.