With payroll growing the percentage could be less but the dollar amount will be close to 2024.

 

For what it's worth.

I learn a fair amount from this thread.
It has added nothing of consequence to my knowledge regarding renewables, fossil fuels, non-renewable natural resources, or global warming/climate change.
It has, however, added to my understanding of the future for both this nation and industrial civilization.

Those commenting in the Majors board of APC tend to, as an aggregate, represent significantly above average levels of education and income. They belong to an economic class with above average political power and influence. Hence the comments herein offer a window as to what the USA, and hence to some degree the world, will do or not do relative to the subjects listed above.
For myself, that is worthwhile. (though admittedly the conclusions I draw are subjective)

If it is so dumb as to drain away your brain cells, then perhaps don't read it?

 

Man. I knew pilots were salty but yikes. This is APC I guess.

 

This is why it’s inaccurate to say FA’s or Cabin Cleaners getting PS doesn’t affect us. More employees dilutes the denominator, as we saw when we went from 80k to 100k employees after Covid. We’ll probably never see 16% PS again, unless the company outsources employee groups (like cabin cleaners).

 

more employees dilutes the profitability because of higher wages, but their ps does not affect our ps percentage of that profit. ours is still defined as x% of $y of ptix

 

Not quite…

 

Margins are still nowhere near recovered to what they were precovid. If they start to recover the higher PS percentages will be back in play.

 

PTIX in 2019 was very similar to 2024, both around $5B. The PS pool in 2015 was $1.5B and paid 21%, in 2019 was $1.6B and paid 16%, and in 2024 was $1.4B and paid 10%. How else do you explain the disparity if not for the difference in the number of employees, which is 25% higher in 2024 than 2015. 2019 was in the middle of the two.

 

pilot wages were higher in 2024 than 2015. the higher your wage, the smaller percentage of it is ps.

 

Well, we were about 12,500 in 2015 vs. 17,000+ in 2024. With increased pay rates, maybe pilot wage cost actually doubled in 10 years? I never thought we were stovepiped from the rest of the company, especially since we allllll get the same exact percent (well, other than in 2016 between C15's TA1 failure and TA2 passage).