Originally Posted by RemoveB4flght

Thats exactly what I said though, the Net profits are what dividends are paid from and profit sharing is a part of that (the slice of the pie). Looking back at B6 net profits for the ten years prior to covid the numbers vary wildly, but averaged to 420 million. Let’s say combined with Spirit they average double that, 840 million, heck call it a billion. So 15% of net profits is $150 million, divided among 8000 pilots is $18,750 each. Schedule flexibility can easily earn me that $1562 a month.

Now I’m not going to turn down a check for that, but that’s also predicated on management running the company to produce a billion dollar net annual profit, which they’ve done only once in the last 12 years, maybe ever (I only looked back to 2010).

Sure this is a good time to get language, and yeah maybe some point a decade or two down the line they may figure out a way to churn profits of several billion, but we need to buy a lot of planes and gates and equipment and staff etc to get there. Of course all of us who’ve been doing this a while know we are just another phugoid cycle away from some industry event. My main point is not that I don’t want profit sharing, but rather being very pragmatic about what size checks we can expect to see in the short-medium term vs what we horse trade for the language.