forecast to make is not the same as a sure thing. if the company is going to pay me 36 grand plus some unknown ps next feb, why not put 3 grand extra in my paycheck every month and get the leftover in feb. give me my money now, i dont trust management or alpo

The sure thing isn't anywhere near worth the gamble of what we'd be giving away.

So essentially we can either make strides in compensation or profit sharing, but not both. The rumored agreement doesn't even come close to making strides in either.

so you want guaranteed pay over ps? So you're willing to give up ps for a number? Why do that?

They'd love that so much more than you demanding 36k more a year and ps % unchanged.

Does the rumored agreement reduce PS substantially? If so, 9/6/4/4 won't pass

It will pass. It always passes.

I believe it shifts 10% threshold up to $4.5 billion.

Basically concedes $200 million in profit sharing if we make more than 4.5 billion in profits.

So less W2 but more guaranteed?

So 9644 with say 10% ps would be equal to like this year's rate plus 2% pay raise multiplied against last year's ps %?

Maybe the company taking profits to decrease pay to the pilots is the 2015 version of they'll gladly keep the CR2s and order unlimited 400Qs over 717s?

9644....no. i dont think anyone will go for that crap. Billion and billions of profit...time to recoup

For the record, I am generally very opposed to touching the profit sharing formula. That being said moving the lower band can easily be calculated. I would consider lukewarmly accepting it if we are paid a premium. If they show the math and determine that the lower band concession is worth 3% W2, but give us 6% for it I might be ok with it.

Why the premium? Because the pilots will be used as scapegoats for the rest of the company just like last time. When the company puts out the memo changing profit sharing for everyone, somewhere in there will be a line telling employees how smart we were to do this and the rest of the employees should follow along....probably along with a big headline touting the raise they were going to get anyways. Without unions on the property, the company can change the payout (for non pilots) at will, but they reducing it would be bad for business. If they can show pilots leading the way, it is much easier to smooth over. The cost savings for them would be huge, and we should get part of it. Also, don't blend it in with other raises, separate it out so we can make in informed decision.

That all being said, the rest of the contract needs to be solid. Sure they are just rumors, I will need to see much better than what has been leaked (?) to even consider a yes vote.