Profit Sharing Time
09-24-2021, 03:50 AM
#111
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Joined APC: Feb 2008
Posts: 19,273
Originally Posted by GeneralLee
Correct and thank you for reading. Supposedly there are talks of tossing aside the first two quarters and using the profitable ones. Just passing along what I’m hearing from those in the know. The company can do whatever they want with the numbers to suit their goals and needs. Hopefully more clarity in the coming weeks. Delta will be the only major to post a profit for q3. Even WN will be posting a loss.
09-24-2021, 04:17 AM
#112
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Joined APC: Sep 2020
Posts: 277
Originally Posted by sailingfun
I suspect any bonus would be for non contract employees.
When asked it was mentioned for all employees. I’ll keep the fingers crossed.
09-24-2021, 05:30 AM
#113
Super Moderator
Joined APC: Jul 2006
Posts: 5,559
Originally Posted by sailingfun
I suspect any bonus would be for non contract employees.
Maybe we can flip the script and lose our collective minds over something the non-cons got and they'll have to give it to us...right? I mean that's what is said every time we talk about getting something but it would have to be given to the non-cons.
09-24-2021, 05:59 AM
#114
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Joined APC: Aug 2011
Position: Hoping for any position
Posts: 2,504
Originally Posted by 172skychicken
He said potentially in the form of a bonus, not necessarily via the traditional formula. Q3 is allegedly still a (small) profit. They repeated that on Monday and it should be virtually set in stone at this point. Q4 is still up in the air. Likely depends on how deep the pre holiday lull is and how strong the holiday travel turns out to be. Definitely won't be showing a profit for the full year, especially with all the write-downs we've been taking.
09-25-2021, 04:07 PM
#115
seeing the large hubs...
Joined APC: Oct 2006
Position: 73N A
Posts: 3,706
Originally Posted by 172skychicken
He said potentially in the form of a bonus, not necessarily via the traditional formula. Q3 is allegedly still a (small) profit. They repeated that on Monday and it should be virtually set in stone at this point. Q4 is still up in the air. Likely depends on how deep the pre holiday lull is and how strong the holiday travel turns out to be. Definitely won't be showing a profit for the full year, especially with all the write-downs we've been taking.
09-25-2021, 04:28 PM
#116
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Joined APC: Dec 2017
Posts: 2,767
Originally Posted by iaflyer
If you think we're getting a bonus that's not in the contract... well.. as the saying goes, "I've got a bridge to sell you. "
Or something
09-26-2021, 11:19 AM
#117
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Joined APC: Nov 2020
Position: Enoch Powell Enthusiast
Posts: 2,124
Originally Posted by sailingfun
I suspect any bonus would be for non contract employees.
Even more reason to push very, very hard for a better contract and demonstrate the value of collective bargaining to the rest of the employee group.
Inflation is definitely here; the value of our current contract is eroding every single day. Modest gains were possibly acceptable before Covid and inflation; no longer.
Let the rest of the employee group ask nicely. We'll see if the union way is the better way.
09-26-2021, 02:58 PM
#118
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Joined APC: Jul 2018
Posts: 1,091
Originally Posted by theUpsideDown
Core...values...? Something, something... Family?
Or something
Or something
09-26-2021, 05:25 PM
#120
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Joined APC: Jul 2008
Posts: 4,922
Originally Posted by DeltaboundRedux
Excellent.
Even more reason to push very, very hard for a better contract and demonstrate the value of collective bargaining to the rest of the employee group.
Inflation is definitely here; the value of our current contract is eroding every single day. Modest gains were possibly acceptable before Covid and inflation; no longer.
Let the rest of the employee group ask nicely. We'll see if the union way is the better way.
Even more reason to push very, very hard for a better contract and demonstrate the value of collective bargaining to the rest of the employee group.
Inflation is definitely here; the value of our current contract is eroding every single day. Modest gains were possibly acceptable before Covid and inflation; no longer.
Let the rest of the employee group ask nicely. We'll see if the union way is the better way.
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