Airline Pilot Forums

Airline Pilot Forums was designed to be a community where working airline pilots can share ideas and information about the aviation field. In the forum you will find information about major and regional airline carriers, career training, interview and job seeker help, finance, and living the airline pilot lifestyle.




View Full Version : Profit Sharing Check


FetaCheese
01-21-2020, 06:03 PM
Any word if we're getting any this year? And if so, when? Or should I just look forward to a subscription to the Jelly of the Month club?


bigscrillywilli
01-21-2020, 06:47 PM
Usually March 15th check......should be enough for a nice night out at the Olive Garden

RhinoBallAuto
01-21-2020, 07:10 PM
Probably going to announce it with the 4Q/annual corporate report....

best to set an alarm 🙄

edit: I predict an email right around the time of the ďstate of the airlineĒ (1030CT tomorrow)


Theaveragejoker
01-22-2020, 03:59 AM
Usually March 15th check......should be enough for a nice night out at the Olive Garden

Breadsticks! Woo!

bigscrillywilli
01-22-2020, 06:47 AM
Ohhhhhh yeaaaaa (channeling Macho-Man)......no dessert though sorry.

FetaCheese
01-22-2020, 05:28 PM
Usually March 15th check......should be enough for a nice night out at the Olive Garden

Much thanks, squire. Meet me at the Olive Garden. I'll be the gentleman seated alone, wearing the yellow safety vest over a Hawaiian shirt, trying (and failing) not to cry into my bowl of endless bread sticks.

*Bro fist

bigscrillywilli
01-22-2020, 05:35 PM
Much thanks, squire. Meet me at the Olive Garden. I'll be the gentleman seated alone, wearing the yellow safety vest over a Hawaiian shirt, trying (and failing) not to cry into my bowl of endless bread sticks.

*Bro fist

lol love it! I think we may be able to get a glass of cheap Sangria too.....weíll get em next time....

TheBlueBaron
01-22-2020, 05:35 PM
Any word if we're getting any this year? And if so, when? Or should I just look forward to a subscription to the Jelly of the Month club?

"The gift that keeps on giving all year long".

Arado 234
01-23-2020, 04:14 AM
Usually March 15th check......should be enough for a nice night out at the Olive Garden

Meanwhile at DL and UA...

FetaCheese
01-23-2020, 04:34 AM
1.4% of 2019 earnings..wow. Don't spend it all in one place, folks. How much are Delta pilots getting again? Excuse me while I go chase small animals in my front lawn with a lawn mower.

RhinoBallAuto
01-23-2020, 04:40 AM
$213M in the PS pool.... $30M came in from Boeing. Guess we are lucky weíre getting 1.4%.

aa73
01-23-2020, 05:56 AM
12 year DL NB CA.... $63,500
12 year AA NB CA....$4000

now back to rowing please.. we got a new HQ building to pay for! :mad:

FlyyGuyy
01-23-2020, 05:57 AM
12 year DL NB CA.... $63,500
12 year AA NB CA....$4000

now back to rowing please.. we got a new HQ building to pay for! :mad:

700$ pre-tax. LMAO

Varsity
01-23-2020, 05:59 AM
Earnings calls highlights:

- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.

- already staffed to fly the 737max

- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.

- E190 will be parked at the end of summer

- 737 oasis will be completed April 2021, A321 retrofits done march 2022.

- Only contract they expect to ratify in 2020 is the mechanic service workers.

- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.

griff312
01-23-2020, 06:13 AM
Earnings calls highlights:

- Not hiring pilots for 2020 needs, the year is adequately staffed. Hiring in 2020 for 2021 needs, attrition slightly lower than expected. Back tracked later in the call to say " we're on track". Whatever that means.

- already staffed to fly the 737max

- The airline has been prepaying pension expense, only to stop this quarter, allowing earnings to pop. An analyst caught this and called them on it.

- E190 will be parked at the end of summer

- 737 oasis will be completed April 2021, A321 retrofits done march 2022.

- Only contract they expect to ratify in 2020 is the mechanic service workers.

- Allegedly make money flying transatlantic in the winter for the first time ever. Business class saves the day, economy tickets pricing environment is poor.

I listened to it. Did you catch the very beginning, Doug's opening statements?

DWC CAP10 USAF
01-23-2020, 06:53 AM
1.4% of 2019 earnings..wow. Don't spend it all in one place, folks. How much are delta pilots getting again? Excuse me while i go chase small animals in my front lawn with a lawn mower.

dal: 16.6%
ual: 7.67%

Varsity
01-23-2020, 07:22 AM
I listened to it. Did you catch the very beginning, Doug's opening statements?

Predicting 4-5% growth in 2020, however it all comes from the max return to service. Nothing surprising.

AllYourBaseAreB
01-23-2020, 08:32 AM
Profit sharing was negotiated away during the merger. What we get now is a cheap gift

Thedude
01-23-2020, 09:53 AM
Profit sharing was negotiated away during the merger. What we get now is a cheap gift


APA at their finest.

SparrowBird
01-23-2020, 10:22 AM
"Don't worry, we'll get em' next time." - apa

watch
01-23-2020, 10:42 AM
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot? How many years of 16% profit sharing does that offset. Has to be a couple at least.

206321
01-23-2020, 10:47 AM
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot? How many years of 16% profit sharing does that offset. Has to be a couple at least.

Retirement numbers and movement should have nothing to do with not having an industry leading contract.

We still need an ILC, regardless of having higher retirements in the next few years. Apples and oranges.

lavService
01-23-2020, 10:50 AM
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot? How many years of 16% profit sharing does that offset. Has to be a couple at least.

Delta Upgrades are just as quick.

Covfefe
01-23-2020, 10:52 AM
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot?

No.


........

watch
01-23-2020, 11:00 AM
Delta Upgrades are just as quick.

Delta
​​​​​ upgrades on the 737 are less than three years?

lavService
01-23-2020, 11:26 AM
Delta
​​​​​ upgrades on the 737 are less than three years?
Not sure about the 737 but on last years large AE the A320,A321, A220, MD90, 717, MD88 were all under 4 years. There's another big AE out right now so who knows how junior everything will be. There's a lot of movement right now.

Ar Pilot
01-23-2020, 01:52 PM
Delta
​​​​​ upgrades on the 737 are less than three years?

Current junior 737 Nyc Capt is 4 years, but has been a captain 2+ years. NYC 320 is 3.5 years and has been a captain for 2+ years.

Thedude
01-23-2020, 03:52 PM
Ever thought there might be a reason upgrades are going so junior?
(Hint, it probably ain't good.)

Andrew_VT
01-23-2020, 04:10 PM
Isn't there some solace in the fact that group 2 upgrade time is lower, and someone, say a 4th year pilot, at AA can start earning a lot more than a Delta pilot?

Except that Delta upgrades go junior because a senior FO can make more than CAs with 200% premium flying.

Our upgrades go junior because our contract sucks and being a senior FO is the only way to avoid the BS.

weekendflyer
01-25-2020, 02:41 AM
Ever thought there might be a reason upgrades are going so junior?
(Hint, it probably ain't good.)


Reserve isnít that bad at delta

watch
01-25-2020, 04:22 AM
Reserve isnít that bad at delta
How many years of seniority would you give up at American to switch to Delta if you lived within 1 hour of LGA?

wiz5422
01-25-2020, 05:48 AM
How many years of seniority would you give up at American to switch to Delta if you lived within 1 hour of LGA?
All depends on your age? For most I would say no more than 3 years.

GhettoJet
01-25-2020, 07:52 AM
Our upgrades go junior because our contract sucks and being a senior FO is the only way to avoid the BS.

This is 100% accurate. At AA, if you arenít in the top 20% of your four part bid status, expect very little quality of life. If youíre. It in the top 60% expect none.

AllYourBaseAreB
01-25-2020, 08:09 AM
Thatís a bit dramatic. Iíve gone from 95% to 25% in my seat over the years and seen the differences. QOL is all very dependent on where you are based and what you want to fly. Very junior people in large statuses seem to have a lot of success and modifying their schedules if they are willing to try.

AllYourBaseAreB
01-25-2020, 08:10 AM
What really sucks is the RAs and RO baloney. Seniority doesnít matter with that garbage.

Battlinbear
01-25-2020, 08:17 AM
Thatís a bit dramatic. Iíve gone from 95% to 25% in my seat over the years and seen the differences. QOL is all very dependent on where you are based and what you want to fly. Very junior people in large statuses seem to have a lot of success and modifying their schedules if they are willing to try.

This is much more accurate. my first line on the 320 in dc as a 96% line bidder was 100% better than my trips and schedule at 19% on 190. Itís a tiny base that more or less probably operates on RO w so few rsv pilots. we shall see how it goes here on out. On 190 rarely got ROd into anything that wasnít in our favor, never had to fatigue out nor did I fly past midnight. So now iím entering the house of horrors on the NB flying. Worst case bail to the widebody in 2 years. you can do that at Delta right? excluding the 75/76

thrust
01-25-2020, 10:36 AM
Thatís a bit dramatic.

Very dramatic. Iím 60% in seat after less than two years here. Live in domicile. Iím awarded mostly 2-3 day trips and an occasional 4 day with no more than 2 legs/day each via PBS. I might get one trip touching a single Saturday or Sunday, with the rest of the weekends off. Iím able to trade/drop all of the 3+ day trips for weekday 2 days and turns with minimal effort.

Iíve found the loudest complainers are also those who put zero effort into improving their schedules, donít take the time to learn how to use PBS/TTOT, and/or are delusional about their relative seniority.

That doesnít mean AA is free of problems- we have a long way to go.

aa73
01-25-2020, 10:53 AM
This is 100% accurate. At AA, if you arenít in the top 20% of your four part bid status, expect very little quality of life. If youíre. It in the top 60% expect none.

Not even close to being accurate.

NB G2 CA... 67% in base, lineholder, most weekends off, most holidays off, 15-16 days off a month, 80-85hrs, easy trips.

MUCH easier gig than any G4 WB FO killing themselves through 5 time zones to 3rd world countries trying to get through to ATC.

Group 2 Domestic CA is, to me, the easiest and most relaxing gig Iíve had in 22 years of airline flying.

Arado 234
01-25-2020, 11:29 AM
Not even close to being accurate.

NB G2 CA... 67% in base, lineholder, most weekends off, most holidays off, 15-16 days off a month, 80-85hrs, easy trips.

MUCH easier gig than any G4 WB FO killing themselves through 5 time zones to 3rd world countries trying to get through to ATC.

Group 2 Domestic CA is, to me, the easiest and most relaxing gig Iíve had in 22 years of airline flying.

No thanks. You can have all the domestic crap. I'd rather be down south than flying all this regional depressing domestic bullocks.

The key to ATC is to get rid of the cool Southwest slang and use ICAO English. No "lower", but descend, no "higher", but climb. Really not that difficult.

FetaCheese
01-25-2020, 11:42 AM
No thanks. You can have all the domestic crap. I'd rather be down south than flying all this regional depressing domestic bullocks.

The key to ATC is to get rid of the cool Southwest slang and use ICAO English. No "lower", but descend, no "higher", but climb. Really not that difficult.

Pshhhh...who wouldnít want luxury overnights in MAF and DSM with late night treks to the Waffle House? Pro Tip: as you walk up, if your cook is outside smoking a cigarette and is missing more than two teeth..youíre going to have an awesome meal.

lavService
01-31-2020, 04:31 PM
Delta
​​​​​ upgrades on the 737 are less than three years?

Latest award just released. 737 Captain went to 1/8/2018. Just over 2 years to hold 737 Captain. Incredible

Andrew_VT
01-31-2020, 07:28 PM
Latest award just released. 737 Captain went to 1/8/2018. Just over 2 years to hold 737 Captain. Incredible

Waiting for the cheerleaders to say how great this is... Without stopping to think about why this is...

LBFO79
01-31-2020, 07:57 PM
Latest award just released. 737 Captain went to 1/8/2018. Just over 2 years to hold 737 Captain. Incredible

Pretty much, nothing is allowed to be better than Delta here at American.
Not that Delta even needed the boost, but the 737 max grounding has put them into lightspeed. They are swallowing up market share and turning it into even more profit. They are an unstoppable machine. I know everyone thinks airline rankings change every few years, and perhaps they did in the past, but Delta is already freaking 31 lengths ahead of everyone, and we are not at the finish line; more like the red quarter pole.

Delta's ramp 2 in ATL could develop a sinkhole overnight, and it would turn out that not a single asset was lost in the entire tragedy, not even a missing bag or bag cart.

Meanwhile, not a single manager at AA thinks anything is wrong with this airline. We actually hired a manager of diversity and inclusion! YAY. Was the head of HR at a AA a racist and sexist and homo/trans/pan-phobe or what?

Rockiepilot
02-01-2020, 05:41 AM
Waiting for the cheerleaders to say how great this is... Without stopping to think about why this is...

Very true! Thereís a reason for this. Shows how terrible being low on the list of equipment is here.

AAL24
02-01-2020, 06:24 AM
The key to ATC is to get rid of the cool Southwest slang and use ICAO English. No "lower", but descend, no "higher", but climb. Really not that difficult.

Hit the nail on the head.

QuagmireGiggity
02-01-2020, 08:23 AM
Not even close to being accurate.

NB G2 CA... 67% in base, lineholder, most weekends off, most holidays off, 15-16 days off a month, 80-85hrs, easy trips.

MUCH easier gig than any G4 WB FO killing themselves through 5 time zones to 3rd world countries trying to get through to ATC.

Group 2 Domestic CA is, to me, the easiest and most relaxing gig Iíve had in 22 years of airline flying.
Things certainly vary wildly base to base. CLT is like flying for a regional.

QuagmireGiggity
02-01-2020, 08:24 AM
The planes are still moving.

watch
02-01-2020, 12:59 PM
Latest award just released. 737 Captain went to 1/8/2018. Just over 2 years to hold 737 Captain. Incredible
Wait. You mean Delta or AA?

aa73
02-01-2020, 01:59 PM
Wait. You mean Delta or AA?

Delta. Incredible.

AA junior LGA 737 CA just went to a May 2017 hire, so weíre not far off either.

Interesting times, enjoy. (If you love domestic NB that is.. :-)