Originally Posted by
Sink r8
I'm not a 100% sure what you are proposing, but if it's the AF deal as a template, I agree. If the company can do something without our agreement, they will, and we'll fight for the revenue via Section 6. If the company can't, and they need our help, it's a bad idea to ask for cash instead, when we need to ask for contractual improvements, more flying, etc. We're not very good at costing, and we're not very good at splitting. Protect my job, protect growth, and make my job better: that's what I want from any agreement.
Well then you see it as I do. I look at a AF JV and see a potential for this group to obtain a 305% stake in that revenue stream payable to the pilots in equal amounts. (split evenly per pilot) That makes our "bonus" look like chump change.
Add to it, this is off the revenue not the profit. Revenue is cash flow as you know. They can price the tickets how they see fit to percentage based profit.
What I am looking at is a way for us to tap in the revenue stream of a deal that is going to be done one way or another. I am not suggestion taking payments in lieu of protections. They are hand in hand. It is just another form of compensation. This one ties us the pilots to the revenue stream. Do well, people fly more and revenue goes up, do poorly and it as well as your check for that revenue goes down.