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Q3 earnings call

Old 10-18-2025 | 11:33 AM
  #261  
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Originally Posted by OOfff
the pilot payout calculation is in the pwa, and defines our payout as a percentage of ptix. that noncons get matched does not affect that %/ptix calculation.
again, this is not correct.

the PWA lays this out in 3.I. The PS pool is determined by looking at DL’s PTIX, for all profit under 2.5B, 10% is added to the pool, for all profit over, 20% is added. Once the PS pool size is determined, that number is divided by the total wage base for all DL employees to determine the %. or looking at it another way, you are entitled to the same % of the PS pool as your earnings were of the total earnings pool.

If the wage base goes up, the PS% goes down. FAs and ground based employees are factored into the wage base.

“ individual employee’s annual compensation in the year in which the PTIX was earned as a percentage of total annual compensation for that year for all employees eligible for (a) the Delta Air Lines, Inc. annual profit-sharing plan or (b) the Delta Air Lines, Inc. Annual profit-sharing plan for ground and flight attendant employees”

that’s right out of the PWA, it includes everyone eligible for management bonuses and FA’s and ground based employees in the wage base calculation.
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Old 10-18-2025 | 11:43 AM
  #262  
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Originally Posted by Gone Flying
again, this is not correct.

the PWA lays this out in 3.I. The PS pool is determined by looking at DL’s PTIX, for all profit under 2.5B, 10% is added to the pool, for all profit over, 20% is added. Once the PS pool size is determined, that number is divided by the total wage base for all DL employees to determine the %. or looking at it another way, you are entitled to the same % of the PS pool as your earnings were of the total earnings pool.

If the wage base goes up, the PS% goes down. FAs and ground based employees are factored into the wage base.

“ individual employee’s annual compensation in the year in which the PTIX was earned as a percentage of total annual compensation for that year for all employees eligible for (a) the Delta Air Lines, Inc. annual profit-sharing plan or (b) the Delta Air Lines, Inc. Annual profit-sharing plan for ground and flight attendant employees”

that’s right out of the PWA, it includes everyone eligible for management bonuses and FA’s and ground based employees in the wage base calculation.
i appreciate the correction, and apologize if i misled anyone with my poor understanding
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Old 10-18-2025 | 11:50 AM
  #263  
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Originally Posted by OOfff
i appreciate the correction, and apologize if i misled anyone with my poor understanding
lol don’t worry people have been arguing over this every year around February.
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Old 10-18-2025 | 12:56 PM
  #264  
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We get profit sharing off our bonus last year too right?

(No we dont just getting the question out of the way now since people are gonna ask)

perdiem amounts go into my wages for profit sharing too right?

My wife gave me a 1000 in cash, i get profit sharing off that too right?
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Old 10-18-2025 | 12:58 PM
  #265  
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Originally Posted by theUpsideDown
We get profit sharing off our bonus last year too right?

(No we dont just getting the question out of the way now since people are gonna ask)

perdiem amounts go into my wages for profit sharing too right?

My wife gave me a 1000 in cash, i get profit sharing off that too right?
If we shut down every repetitive or glaringly obvious question, there'd be nothing left on the internet but porn.
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Old 10-18-2025 | 01:02 PM
  #266  
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Originally Posted by GutterGuard
If we shut down every repetitive or glaringly obvious question, there'd be nothing left on the internet but porn.
that's the only thing the internet is for.
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Old 10-18-2025 | 01:21 PM
  #267  
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Originally Posted by Gone Flying
again, this is not correct.

the PWA lays this out in 3.I. The PS pool is determined by looking at DL’s PTIX, for all profit under 2.5B, 10% is added to the pool, for all profit over, 20% is added. Once the PS pool size is determined, that number is divided by the total wage base for all DL employees to determine the %. or looking at it another way, you are entitled to the same % of the PS pool as your earnings were of the total earnings pool.

If the wage base goes up, the PS% goes down. FAs and ground based employees are factored into the wage base.

“ individual employee’s annual compensation in the year in which the PTIX was earned as a percentage of total annual compensation for that year for all employees eligible for (a) the Delta Air Lines, Inc. annual profit-sharing plan or (b) the Delta Air Lines, Inc. Annual profit-sharing plan for ground and flight attendant employees”

that’s right out of the PWA, it includes everyone eligible for management bonuses and FA’s and ground based employees in the wage base calculation.
Said another way, if the noncons did not get PS at all, their portion of the pool would be divided amongst the pilots.

In this way, there is zero reason for the company NOT to extend the “right thing to do” to the whole “family”. They have to pay the exact same pool regardless of who/how many gets it due to the PWA. If I’m management, it makes me look super magnanimous even though my (mgmt) cost is unaffected.
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Old 10-18-2025 | 01:56 PM
  #268  
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Originally Posted by FangsF15
Said another way, if the noncons did not get PS at all, their portion of the pool would be divided amongst the pilots.

In this way, there is zero reason for the company NOT to extend the “right thing to do” to the whole “family”. They have to pay the exact same pool regardless of who/how many gets it due to the PWA. If I’m management, it makes me look super magnanimous even though my (mgmt) cost is unaffected.
I never thought of it that way, but it makes total sense.

if they excluded the non cons, our PS last year would have been closer to 25% (assuming we are about 40% of total payroll)

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Old 10-18-2025 | 01:58 PM
  #269  
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Originally Posted by Gone Flying
I never thought of it that way, but it makes total sense.

if they excluded the non cons, our PS last year would have been closer to 25% (assuming we are about 40% of total payroll)
Why does the PWA include other work groups? It should be written that this PS pool is just for pilots!
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Old 10-18-2025 | 02:17 PM
  #270  
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Originally Posted by m3113n1a1
Why does the PWA include other work groups? It should be written that this PS pool is just for pilots!
Violent agreement with you there.
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