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Airline Pilot Central Forums (https://www.airlinepilotforums.com/)
-   Delta (https://www.airlinepilotforums.com/delta/)
-   -   Dal profit up 60% (https://www.airlinepilotforums.com/delta/144867-dal-profit-up-60-a.html)

DaMnad 10-12-2023 04:00 AM
Dal profit up 60%
 
Over same period as last summer. Article on CNBC

SonicFlyer 10-12-2023 04:14 AM
https://www.cnbc.com/2023/10/12/delt...-earnings.html

Sniper66 10-12-2023 05:27 AM
Originally Posted by DaMnad (Post 3709589)
Over same period as last summer. Article on CNBC

14% profit sharing expecting for 2023

Nantonaku 10-12-2023 05:46 AM
Originally Posted by Sniper66 (Post 3709605)
14% profit sharing expecting for 2023
Who is expecting this? We still have to finish the year. Cross your fingers a global war doesn’t break and and oil doesn’t hit $130 a barrel and the economy doesn’t fall off a cliff.

iahflyr 10-12-2023 06:01 AM
If the year ended today, what would profit sharing be?

notEnuf 10-12-2023 06:03 AM
Originally Posted by Nantonaku (Post 3709613)
Who is expecting this? We still have to finish the year. Cross your fingers a global war doesn’t break and and oil doesn’t hit $130 a barrel and the economy doesn’t fall off a cliff.
In the first 9 months we have accrued $1.084B in profit sharing, last year at 9 months we had less than a third of that with $291M. It will be a significant improvement and we still have a quarter to go.

bugman61 10-12-2023 06:14 AM
Originally Posted by iahflyr (Post 3709619)
If the year ended today, what would profit sharing be?
About 10%, probably just over.

Hubcapped 10-12-2023 06:15 AM
Originally Posted by Nantonaku (Post 3709613)
Who is expecting this? We still have to finish the year. Cross your fingers a global war doesn’t break and and oil doesn’t hit $130 a barrel and the economy doesn’t fall off a cliff.
well duh…..
Yes if aliens come and make us all wear shorts to a dinner with no utensils, the projections will change.

Gone Flying 10-12-2023 06:17 AM
Originally Posted by iahflyr (Post 3709619)
If the year ended today, what would profit sharing be?
I believe it would be ~9%

there is a graphic floating around on FB that outlines the math. Basically in 2022 we had 8.5B in PS eligible wages company wide. For 2023 they expect that number to be about 30% higher, or roughly 11B

1B PS pool /11B in wages comes out to 9 ish %

notEnuf 10-12-2023 06:19 AM
Originally Posted by Gone Flying (Post 3709628)
I believe it would be ~9%

there is a graphic floating around on FB that outlines the math. Basically in 2022 we had 8.5B in PS eligible wages company wide. For 2023 they expect that number to be about 30% higher, or roughly 11B

1B PS pool /11B in wages comes out to 9 ish %
the pool should be ~ $1.3B


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