Earnings
10-30-2019, 04:34 AM
#31
Custom User Title
Joined APC: Feb 2007
Posts: 2,269
Originally Posted by Name User
Yeah I just threw in extra bridge space for fun. Going by the previous design it looks like it wouldn't even be needed. My hand drawing was off but it was supposed to mimic the other side (A?) where all the other airlines park.
10-31-2019, 04:31 AM
#32
Gets Weekends Off
Joined APC: Apr 2016
Position: Looking left
Posts: 3,249
Originally Posted by Happyflyer
How did United, Delta and Southwest end up with their PS? Honest question, I've only kept up with major carriers contract cycles since Delta's 2012 agreement.
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
Thread
Thread Starter
Forum
Replies
Last Post
