The 8K shows profit sharing payouts are up 37%. This is usually the weak quarter for airlines, so as a rule of thumb, take the check you made last year, and add 50%. So $20K, will be $30K, roughly.

I think it's a little early to be making 50% increase assumptions for profit sharing payouts. We still have 7 1/2 more months to go, and three more earnings reports.

I like the sound of it though.

Why do you think Richard wants this contract done ASAP? March is always the weakest quarter. Baring any Black Swan events, 2015 will be huge. Richard's E+F/A team is a heck of a lot better than ALPA's. Richard predicted $6 Billion for 2015, and 2016, without hedging losses, and with even more debt paid off, could be $10 Billion.

I'll bet we end up trading Profit Sharing for 3% raises...again. :rolleyes:

Automatic NO vote if we do.

Funny that The ALPA EF&A team nailed when we wanted to be in negotiations! You would have thought RA's team would have told him to go for a 5 or 6 year deal like UAL or AMR.

Codeshares and joint ventures?

China is printing money to buy dollars to keep their economy from full collapse, Europe is on the verge of total breakup. Do you really want to be left holding the bag, or your code share partner?

Dang! Sounds like I need to stock up on ammunition and use my mattress for a bank! :eek::)

Denny

Do you live over there, because the future looks pretty bright here. A lot of those off-shored jobs will be coming back.

We don't know that they didn't tell RA that. Perhaps that is the one small 'victory' in C2012? We did pay for it with productivity concessions and profit sharing reductions however. I just hope we don't do it again.

Of course, when Labor Risk is off the table.... what leverage do we have?:rolleyes:

Denny, come over to my house, I've got C130's, F15's and A10's flying cap overhead right now!

And it's easy to dig a bunker in sand!:D