No. I said a 10B PTIX would result in a roughly 25% PS payout.

Oberon makes a good point about the increases in headcount. I don't have a measure for that when you look systemwide for all employee groups.

It's still all just napkin math. I trust my MEC to do the numbers, they've been providing accurate costing to check the Company's math for the last 7 years.

Sorry. I misread your post.

There is a lot of harm to us if we leave it untouched and profits go back to the norm. Only if they stay high would there be no harm. Given the limited number of years I plan to work probably best for me to leave it the same however.

Profits or lack of profits will go back to the norm, guaranteed. That is why we need to get a 30-35% increase in our pay-rates with better work rules. Ignore PS, let it sit where it is at. We can achieve restoration plus inflation without dangling the "reduction of PS carrot".

TEN

So you're okay with PS and the JV grievance being done by the MEC as an LOA and a grievance settlement? I thought maybe you'd like to vote on them.

I'm not that pessimistic. I like the idea of all of the "active" elements being settled and submitted to the pilot group for ratification. I don't see as much discussion and engagement by the rank-and-file if the 3 items you mentioned are separated and handled individually.

I get that you don't trust ALPA. That's your burden.

I can only speak for me. I think it's important, and would vote NO if it were eliminated. I also think it is vulnerable. I think the industry is cyclical and vulnerable. I don't think pay rates are as vulnerable. If you do, then we're going to have to disagree on that.

I think we WILL have both!

I would like to convert some of the profit sharing "liability" (using Wall Street's vernacular) into something that is less vulnerable while it is a big liability in front of the company.

Do you think Profit Sharing conversion would be possible if/when Delta has an unprofitable year?

I want to grab more, less vulnerable $$, while it's an active issue. I don't want to eliminate it! I want higher-than-expected pay rates as a result of converting SOME of it.

So now DALPA's on record that an LOA can't be submitted to the membership for a vote?

Carl

This is EXACTLY the excuse strategy being studied by the MEC administration. "The reason we had to lump profit sharing and the Atlantic JV grievance all into this Section 6 negotiations is so the pilot group could discuss and vote on all 3 issues."

What's the reality? By lumping all 3 items in to Section 6, nobody will ever be able to prove how much we, yet again, self-funded our pay rate gains.

Carl

Absolutely true!

I don't speak for ALPA, or the MEC. I'm not a spokesman for anybody but me. I'm a line pilot, period.

I suppose there could be black helicopters tracking you right now, but I'm not in any of them.