View Single Post
Old 09-17-2010 | 11:25 AM
  #47863  
shiznit's Avatar
shiznit
Gets Weekends Off
 
Joined: Feb 2009
Posts: 2,642
Likes: 0
From: right for a long, long time
Default

Originally Posted by slowplay
Just a question to the group...do we really have to go down this road yet again?

Instead of focusing on the past, why don't some of you start looking ahead? Our company just gave an investor update that was pretty positive. The quarter's projected margin is 12-13%, which would provide an annualized 7%-8% if the 4th quarter is flat. They're talking about $260 million in profit sharing. Has anybody else put together that profitable companies in this industry pay better than unprofitable ones? If you want restoration, profits are the quickest way to get there, imo.

Or we can keep carping back to who had what when and whine...
Quik idjut math says with $260 mil in profit sharing pool, that we will end up with about 5.4-6.2% of yearly pay in profit sharing per pilot......