Airline Pilot Central Forums - July load factor at 90%

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Quote:

Originally Posted by GliderCFI (Post 2864489)

But really, unless (untill) we have an operational melt down in 2019, I don't see how PS could be below 19-20%.

wish I could agree, but last year our profit sharing pool was increased from the previous year and we still got less percentage paid out. This year, even though I'm projecting Delta will make 6.5B, I predict 12-13%

Quote:

Originally Posted by Crown (Post 2869524)

We are significantly ahead of last year without any structural changes to the PS formula, unlike 2018 vs 2017

Quote:

Originally Posted by Crown (Post 2869524)

All eligible employees had higher wages (on whole I know some individuals less). As such if you increased your wages by 4% minimum the PS % will go down even if the $$ earned was more.

Now if there was to be a change to profit sharing the only change I would be in favor of is having the pilot groups calculation made without referencing the noncon’s. For example we historically get about a third of the PS $ pool. So change the formula to be 3.5% on the first $2B and 7% on anything above that. Then if the noncons get a union or management changes their pay structure it doesn’t change anything for us.