Originally Posted by
First Break
I think there may be a relevant detail the been missed in this discussion.
The pilots do not receive the entire PS pool.
I do not know what the actual numbers are, but for the purpose of demonstrating how the formula works, assume a total wage base for all delta employees of $15B, and pilots account for 45% of total wages (or $6.75B). Then we assume a total profit sharing pool of $1.5B, with the pilot’s portion being 45% of the total pool (or $675M).
$675M pilot pool, divided by $6.75B total pilot wages would equate to approximately a 10% profit sharing payment.
that's not the way it works
might be why that "relevant detail" was "missed"