Spaceman Spliff

From APC website (JetBlue): Guaranteed yearly profit sharing of 5% (even if no profit)

I think it refers to 5% of one's paycheck, not of the company's profits...

but I agree, the Man's always trying to keep us down!

Anyway, this forum's about Delta so I'll refrain from further drift...

any new words about the potential merger?

Bigflya

Spoke with a JB dude today. Profit sharing is min 5% of individual pilots pay he worked that year. Even if JB makes no profit. It is put in your 401k. If JB earns more $$ pilots can get a higher percentage and anything above 5% can either be added to the 401k up to the federal max or taken home. Anyway, supposedly DAL day or merger announcement is tomorrow, Friday the 15th (rumormill of course). Many interesting articles in the last week speaking to CEO jobs, pay, union reps negotiating integration & fences. Interesting article tonight about CAL/UAL merger possibilities. Basically, things are pointing to rapid merger announcements by many players and it is up to the Dept of Justice to figure it out. I personally do not feel that the politicians will allow six Legacy's to become four. The politicians have already stated that goes anti the idea behind airline deregulation. I also do not believe that they would OK one of the deals and deny the other. Its either they both pass or none. In the end we could end up with status quo. If the big boys decide to try and merge then I would not be surprised to see a LCC come out of left field and make an unsolicited offer for another LCC just to add more chaos. May be an interesting 24 hours.....or not.

tedspal

Help me out here, what is an LCC?

tedspal

I am excited to hear that I should be able to sit short call out of my house, 2 hours good traffic and 3ish with worse traffic. Thanks for the heads up.

nwaf16dude

LCC = Low Cost Carrier, (Jet Blue, SWA, etc.)

Check Essential

tedspal-
It is VERY rare that they will contact you on short call and say "Get here as fast as you can". It can happen occasionally but normally you will have a few hours notice. If you are within 2-3 hours drive from NYC then you are fine. Typical short call scenario would be an early morning phone call saying "We have a trip for you this afternoon". Or a midnight call saying "Someone just called in sick. We have a trip for you that signs in at 6AM tomorrow".

Jack Bauer

Hmmm, a midnight call that says show at 6AM? So this is assuming the guy started his short call at midnight? It seems more of the short calls start at 5AM or 10 AM from what I know. Just curious how the scenario above happens?

DAL4EVER

I stand corrected, thanks. I'll clarify it a bit, tell me one "legacy" carrier that pays profit sharing to its employees. Don't include Tilton on this either.

RockyBoy

What he didn't tell you is this is considred the retirement plan at JetBlue. You get a 5% guaranteed profit sharing plus a 5% 401K match. The company calls that a 10% retirement and says that is industry average and even said it was equal to what Delta guys get. This year as a Delta guy I'll get 11% of my earnings PLUS a 5.5% profit sharing check for a total of 16.5%.

Bigflya

Rocky,

I agree with you. I am by no way saying that the JB plan is a great deal. Just relaying the info.