Makes sense. Thanks dash!

 

mirror the sentiment. 3rd yr. FO. $1100 gross
not good....just accurate.

 

I think Profit Sharing is a very good thing for everyone. With Profit Sharing, the employees realize that if they do a good job, their company does better, and they get a share of it.

Unfortunately, here at Atlas, we do NOT have Profit Sharing. We have "Profit Sharing". BIG DIFFERENCE!!!

Profit Sharing is as described as above, and helps the company in the long run, and helps the employees.

This is how Atlas "Profit Sharing" works:
AAWH owns Atlas, Polar, Titan, Southern, and ???
Our current contract "Profit Sharing", ONLY includes Atlas Air, and NO OTHER PARTS of AAWH.
ALSO, our contract included an EXCLUSION of much of the profit of Atlas Air! The current contract "Profit Sharing" deal is really, really crappy.

So, here's what can happen:
AAWH sells 49% of Polar to DHL, and the pilots get ZERO, because the money generated was by selling part of Polar, and Atlas "Profit Sharing" only includes Atlas Air.

AAWH decides to buy new planes for Atlas/Polar/Southern/Titan, and uses ALL the net profit from Atlas Air to do so. As a result, Atlas Air "profit" is ZERO for the year, so Atlas pilots get NOTHING from the "Profit Sharing".

In the next contract, I want PROFIT SHARING...that is, sharing the profit of AAWH. That would be very good for the company, in the long run, and good for the pilots. No more "Profit Sharing"!!!

 

No Profit Sharing!

Atlas will always find ways to hide their profits.
Profit sharing will vanish with the slightest hiccup in the economy.
Give me industry standard (or better) hourly pay and base that on the better of awarded, scheduled, MCPD, or actual on a daily basis.
Then put 16% (no match required) into my 401k.
Then pay us for sick days.
Then pay us 100% for dead head travel.

But they can keep the friggin "profit sharing"!!

8

 

NOT good enough for me.

I want the best possible contract... BETTER than described above, PLUS Profit Sharing!

 

The point is that we should save our negotiating capital on pay, bennies, work rules, etc.. Profit numbers can be spun, even if it is based on AAWH. One management bonus payment, an investment, buying another airline, etc.. can turn profit sharing into chump change.

I am with DC8. Keep your damn profit sharing. FUPM (not directed to you)

 

Agreed, the AAWW operates it is a pipe dream. Keep it!

 

Precisely. I will take negotiated hard cash in my paycheck any day over an imaginary potential payout of funds which are filtered through the bean counters before I see any benefit. Guaranteed negotiated compensation and work rules are something the bean counters can't play with.

 

No profit sharing.

Industry pay!

 

CX pilots are in a work slow down (contract compliance) over work rules. It was announced that Atlas will be flying two B748s for CX beginning this month.

I hope the Atlas pilots realize what they are doing. If Atlas were to eventually go on strike, what support would they like to have especially Americans?

ATLAS PILOTS, PLEASE DON'T DO IT!