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Can someone figure out what the loss of 10% between $2.5B and $4.5B is in percentage (of our pay) terms?
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Originally Posted by Oberon
(Post 1875615)
Can someone figure out what the loss of 10% between $2.5B and $4.5B is in percentage (of our pay) terms?
10% of $2B= 200m pilots are roughly 35% of the pool. 35% of 200m = 70m 1% of pay is around 25-27m So 70m/27 = roughly 2.59% Not a gain or loss... Just a move. |
Originally Posted by shiznit
(Post 1875620)
Not a gain or loss... Just a move. SSDD. |
Originally Posted by hitimefurl
(Post 1875587)
That's about 25% over 3 years. We needed 18% to match American and they are two years behind us for the next contract. PS would still be 2-3 months each based on estimates using Jerry's numbers. That puts ER FO up to almost $200 an hour or so with override which was C2K Tristar pay. $230K-$260K a year with an 87 average and PS. Easy $300K plus with only a few Greenies and no busting my knots.
For the "you won't see the C2012 3/3 that would make this year around 15% I think...? I got no beef with the pay/credit compromise as long as we can make it work in PBS. I've flown with plenty of guys that said 25% alone over three years would be okay. Especially the older ones. It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20% Of that 20% the company will cut profit sharing to other employees and save the company 10%. Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever. Doesn't sound like they really want a deal. |
Originally Posted by shiznit
(Post 1875620)
Not a loss, but a shift of dollars to Section 3.B instead of the Section 3.I where it currently is.
10% of $2B= 200m pilots are roughly 35% of the pool. 35% of 200m = 70m 1% of pay is around 25-27m So 70m/27 = roughly 2.59% Not a gain or loss... Just a move. |
Originally Posted by Purple Drank
(Post 1875601)
we know something's about to be aggressively, desparately sold when this clown shows up.
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Originally Posted by ERflyer
(Post 1875623)
Except that it's not 25%.
It's 25% - 5% (W-2 net of 10% cut of the payout $2.5-$4.5B) of profit sharing = 20% Of that 20% the company will cut profit sharing to other employees and save the company 10%. Thus the "cost" to the company for our "raise" is 10% more money. It's on our backs and the other employees. How clever. Doesn't sound like they really want a deal. |
Originally Posted by Purple Drank
(Post 1875622)
so 9/6/4/4 is just eyewash. plus numerous concessions.
SSDD. SSDD. |
Originally Posted by shiznit
(Post 1875639)
no.... it's a forum rumor that has no basis in fact.
SSDD. |
Originally Posted by ERflyer
(Post 1875629)
Do we credit for saving the company money when the other employees get their profit sharing cut?
Bastian will tell the analysts that the new pilot contract is not only self-funded, if you count the loss of profit sharing for all employees then the company will actually have lower labor costs if ALPA signs this deal. Now that right there is some constructive engagement. |
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