Originally Posted by Hank Kingsley (Post 1892552)

In 2012, our economic analysis folks did not predict the billions in profits. So we accepted paltry pay raises and concessions. Now we know the truth moving forward. The company wants a fast contract because it will be difficult to negotiate in this climate of ridiculous profits, including stock buy backs, dividends, etc. I would predict they go on another buying spree, i.e. Virgin Atlantic, refineries, GOL and RJ purchases. They did it post C2102.

"Those who can not remember the past are condemned to repeat it".

Originally Posted by rube (Post 1892564)

The leaks/rumors/floaters don't always come from behind the doors of a closed session meeting. Some of them are like a "show bird" at the trap range. The clay target sails out, and now the other side knows a bit more about where to aim. Some of this stuff is pure garbage, but some of it is written to either prevent a democratic outcome, or to gain intelligence about the pilots' price point in MEMRAT.

But the average bear can't tell the difference. We're talking millions of dollars here, paid for with just a few well-placed words. Congratulations. Management now knows your lowest number, and is certain that APC is filled with complete loons. The latest super premium update from C20 touches on this a bit.

Now that's irony.

Originally Posted by forgot to bid (Post 1892587)

If the CDO debacle confirmed anything for us, as well as these recent LEC letters, we as line pilots are actually negotiting against the negotiating committee more than the company.

Still not sure how guys getting up and arms about rj, greenslip, lca and pay issues is a negative. I just don't see that.

The only problem it probably presents is for the NC.

Originally Posted by Hank Kingsley (Post 1892552)

In 2012, our economic analysis folks did not predict the billions in profits. So we accepted paltry pay raises and concessions. Now we know the truth moving forward. The company wants a fast contract because it will be difficult to negotiate in this climate of ridiculous profits, including stock buy backs, dividends, etc. I would predict they go on another buying spree, i.e. Virgin Atlantic, refineries, GOL and RJ purchases. They did it post C2102.

"Those who can not remember the past are condemned to repeat it".

Originally Posted by rube (Post 1892564)

The leaks/rumors/floaters don't always come from behind the doors of a closed session meeting. Some of them are like a "show bird" at the trap range. The clay target sails out, and now the other side knows a bit more about where to aim. Some of this stuff is pure garbage, but some of it is written to either prevent a democratic outcome, or to gain intelligence about the pilots' price point in MEMRAT.

But the average bear can't tell the difference. We're talking millions of dollars here, paid for with just a few well-placed words. Congratulations. Management now knows your lowest number, and is certain that APC is filled with complete loons. The latest super premium update from C20 touches on this a bit.

Now that's irony.

Originally Posted by Carl Spackler (Post 1892631)

Yup. We belong to a pretend Union. A union in theory only. Problem is that half our reps specifically like it that way. The other half doesn't. It's a battle for the soul of this union. Do we stay a fake/pretend union, or do we try to become a real one.



Carl

Originally Posted by Professor (Post 1892634)

I would love to hear your alternative? Actually, give me a solution to your problem. Step by step. What is the problem and how do we fix it?

Originally Posted by notEnuf (Post 1892520)

Part C

Profit sharing is worth 10% of 2.5B + 20% of 2.5B+

2014 was 4.5B

250M + 400M based on 2014 payout. = 650M

If monetized dollar for dollar: 650M

That's a 28.8% pay increase day 1. If you keep profit sharing at 20% above 4.5 billion this is a cost neutral deal.

The original Question was:

Is this to much to ask?

NO!, its too Little!

Cost neutral is a 28.8% raise if we reset profit sharing to 4.5B

Ed Bastian could still say "cost neutral" and we would still participate in the upside.


Disclaimer:

That's just pay. We need to make gains. For every dollar value we give up we are a cost savings to management. Notice I said gains not the c word. I can't even use that word in this, the best negotiating environment in our history.

Originally Posted by DeadHead (Post 1892632)

Let me guess......Long time lurker upset with all the disinformation coming out and felt compelled to post. :rolleyes:

Originally Posted by slowplay (Post 1892529)

You might want to check your math. The pilots are now about 37% of the profit sharing pool.