Earnings
10-29-2019 | 11:38 AM
#31
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Back to the subject of earnings and profits.
Thus far, for the first 3 quarters Delta has totaled $1.2 billion into their profit sharing plan.
American? $139 million for the first 3 quarters. That's just 11% of what Delta is giving their employees.
Delta has a motivated work force. American does not. I wonder why?
Thus far, for the first 3 quarters Delta has totaled $1.2 billion into their profit sharing plan.
American? $139 million for the first 3 quarters. That's just 11% of what Delta is giving their employees.
Delta has a motivated work force. American does not. I wonder why?
10-30-2019 | 04:34 AM
#32
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I didn't even notice that you had drawn those!
10-31-2019 | 04:31 AM
#33
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Joined: Apr 2016
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From: Looking left
Delta started PS during their 2004 Interim contract, known as LOA#46
NWA 2006: profit sharting was 10% for all profits up to 1-% pretax margin, and 15% for all profits above 10% margin
Delta bankrucpy restructuring in 2006 LOA#51: PS increased to 15% payout at first dollar of pretax income and 20% payout on pretax income over $1.5B
Delta 2008 JCBA: PS PTIX level to trigger 20% was increased from $1.5 B to $2.5B
Delta C2012: Profit sharing reduced to 10% payout of pretax income up to $2.5B to offset the first year pay raise.
Last edited by DWC CAP10 USAF; 10-31-2019 at 04:54 AM. Reason: spelling
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