Anybody care to take a stab at our profit sharing percentage based on the projected 1.6 billion from yesterday's investor conference?

 

Aw come on, what's a few percent between friends? You wouldn't want to risk endangering the constructive engagement, would you?

50% is really 49.75% which is really a moving average betwee 45% and 56%, where we will stall out at 45% and renegotiate the new 50% (49.75%) for our new half of the lower baseline. On the bright side, VAus gets 2:1 but we preemptively capped that to only 3:1, and VAtl is proudly saying our future JV with them will cause them to grow. Gol was supposed to be a domestic Brasilian JV, but aftet the ink was dry they said they would be spamming as many US markets as they can physically reach.

Anyway I hope we stick to our JV greivance with no mercy the second the company is out of compliance. They are basically saying they intend on being significantly out of balance during the remedy period and don't seem concerned in the slightest about it, almost counting on us just accepting it. Just like all contracts (except pilot contracts) they will point to mean Air France and say "a contract is a contract, we just can't get out of it, mah bad". Maybe DALPA should get the same kinds of "iron clad" contracts for our pilots that the company signs with all the third party providers.

 

Actually 3 times, pm sent on who to call.

 

You are confusing what I said. I referred to flying to and from France only and the political realities involved. The JV involves all flying to Europe. Currently we fly about 55 percent of the departures verses 45 percent for AF/KLM. The metric in the agreement is EASK . “EASK” means equivalent available seat kilometers, a measurement of capacity adjusted for an aircraft's seat density and cargo capacity, as defined and calculated in the 45 AF/KL/AZ JV agreement.
We are at around 47 percent with that metric.

 

Roughly 5% of pre-tax income will be the pilots portion of the profit sharing.

 

6% ..........

 

Not complaining but isn't that what we received last year? I thought this year was to be way higher?

 

Two issues with your proposal:

• A scope problem must have a scope solution. We do not sell pilots' jobs.
• If one were to commit the fatal sin of selling out your ALPA brothers, 10% is no where near enough. You would have to calculate the effect on the entire seniority list, Narrow Body Captains who would have held Wide Body, First Officers who would have held Captain, for every fleet type and then make up some number for intangibles like quality of life. ... and what about the pilots who's longevity was delayed by not getting hired?

The real cost of outsourcing is much, much, MUCH, higher than any benefit pilots think they might have received for permitting it.

 

Change in the award methodology with Contract 2012.

 

Yeah, that's what I was thinking (hoping) too.