too bad we don have profit sharing anymore
04-17-2013, 12:14 PM
#1
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Joined APC: Sep 2006
Position: FO
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too bad we don have profit sharing anymore
AMR, US Airways Forecast Big Profits
By Susan Carey
Airlines Forecast Post-Merger Profits
US Airways and American Airlines said they anticipate the merged company would earn a profit of $2.6 billion this year and remain profitable through 2017, excluding one-time items.
By Susan Carey
Airlines Forecast Post-Merger Profits
US Airways and American Airlines said they anticipate the merged company would earn a profit of $2.6 billion this year and remain profitable through 2017, excluding one-time items.
04-17-2013, 02:36 PM
#3
Flies With The Hat On
Joined APC: Aug 2006
Position: Right of the Left Seat
Posts: 1,339
Originally Posted by themotleyfool
AMR, US Airways Forecast Big Profits
By Susan Carey
Airlines Forecast Post-Merger Profits
US Airways and American Airlines said they anticipate the merged company would earn a profit of $2.6 billion this year and remain profitable through 2017, excluding one-time items.
By Susan Carey
Airlines Forecast Post-Merger Profits
US Airways and American Airlines said they anticipate the merged company would earn a profit of $2.6 billion this year and remain profitable through 2017, excluding one-time items.
04-17-2013, 03:53 PM
#4
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Joined APC: Sep 2006
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too bad we don have profit sharing anymore
Yes we will get something until the POR however the long play on this seems to be we negotiated away something, and I can only hope we didn't give it away for cheeper than what it was worth.
04-18-2013, 06:34 AM
#5
Flies With The Hat On
Joined APC: Aug 2006
Position: Right of the Left Seat
Posts: 1,339
Originally Posted by themotleyfool
Yes we will get something until the POR however the long play on this seems to be we negotiated away something, and I can only hope we didn't give it away for cheeper than what it was worth.
04-18-2013, 06:35 AM
#6
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Joined APC: Mar 2011
Position: A319/20/21 FO
Posts: 292
I personally thought it was rather short-sighted of the AA guys to give up profit sharing for a few more bucks on the hourly rate. Can't blame their being gun-shy, as AA hasn't been profitable in years, but we at US have enjoyed some nice springtime cabbage thanks to the profit sharing. Perhaps this can be revisited during the JCBA ...
04-18-2013, 08:50 AM
#7
Gets Weekends Off
Joined APC: Sep 2012
Posts: 172
Originally Posted by VenetianFryCook
I personally thought it was rather short-sighted of the AA guys to give up profit sharing for a few more bucks on the hourly rate. Can't blame their being gun-shy, as AA hasn't been profitable in years, but we at US have enjoyed some nice springtime cabbage thanks to the profit sharing. Perhaps this can be revisited during the JCBA ...
Last edited by Night Hawk 6; 04-18-2013 at 08:52 AM. Reason: spelling
04-18-2013, 11:01 AM
#8
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Joined APC: May 2005
Position: B777/CA retired
Posts: 1,483
Originally Posted by Night Hawk 6
Get paid now for what you do rather than bet that your management might actually not be able to hide all the money and show a profit. Profit sharing is a joke that only those fools who believe we as pilots can do anything to effect the bottom line during normal operations. Pilots fly airplanes safely from point A to point B, period. What those points may be or what aircraft fly them is totally out of our hands. For years pilots have mistakenly trusted management to take care of them, sharing the good times, blah, blah blah. Do your job in the most professional manner possible, collect your check and go home it is just that simple. Profit sharing is for suckers.
I have had profit sharing at two other companies. When management has their pay tied to profitability then you will see profit sharing more often than not. It's nice o have a bonus on top of your pay. The secret is to have a decent pay rate then treat the profit sharing as gravy on top of the meat and potatoes.
04-18-2013, 11:30 AM
#9
Cactus Aviator
Joined APC: Nov 2005
Position: Learning to fly with my left hand.
Posts: 250
Dal and Ual have it. There's no reason why we shouldn't. The jcba should address it SERIOUSLY. This new mega airline is gonna make some mega bucks and my opinion is we should get a piece of that pie!
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