Also what my guess is

 

That’s because they owe the non contract employees more.

 

Q4 will be at the high end of expectations.

Jet fuel was $2.25 in October. Now $1.73.

Each penny $50 million in additional annual profits.

That is $2.6 Billion. Hopefully the frackers keep at it to fill any cut by what’s left of OPEC and Russia.

 

13.25%

I’m hoping Q4 comes back above the guidance though. That could push it to 14%.

 

That’s not how it works.

 

Yes it is. Our amount isn't affected, but the total pot compared to last year (reported in Delta's earnings statements) is bigger because of the non-cons raise.

 

What changed is the percentage of their pot they get.

 

Right, but the entire pot (or both pots combined, I suppose) is now bigger. I think that's what sailing was saying. The way Delta reports it is just the total profit sharing pot. Which obviously is bigger this year because the non-cons are getting more.

I can tell you understand though. The main thing is that our profit sharing is unaffected by the non-cons raise.

I'm going with 15.2%

 

Here's the calculation I'd like to know... for every penny drop in the price of fuel, how much does my profit sharing check go up?

Pilots console themselves with profit sharing..."yeah, our JVs are flying WB flying I wish we had on our metal, but at least I capture some of that revenue via profit sharing." Does anyone know how MUCH profit sharing is actually attributable to such a thing? If any given concession/productivity give/job loss can be priced by negotiators at the table, we (DALPA) should also be able to estimate the amount of profit sharing such gives would be traded for.

My hunch is that we get a pretty small slice of the pie for significant QOL gives. Would you delay an upgrade by 3 months for $39 more profit sharing? Would you cave to a bad AM JV deal for an extra $146?

Total contract value doesn't mean much, even though it's a large number folks like to tout for various reasons. I think it would be more helpful to hear "for every $100k earned per year, pilots will reap $XYZ individually, per year, on average."

 

I would like to know this as well. Very good points.