Quote:
Originally Posted by WhatNow
In 2015 had the profit at each airline been equal it would have paid a roughly equal amount if you don't consider the pension aspect. The huge difference is the UAL plan is based on profit margin not actual profit. If Delta and UAL were each to double in size and double the profits our profit sharing also doubles while UAL's would remain the same.
The pension aspect is another big advantage of our plan over the UAL plan. Ours being fully pensionable would have resulted in around 4% more then UAL last year even with equal profits.
This is exactly why it should remain untouched. Why do you advocate for a language change that would undoubtedly be reinterpreted and exploited? Just as the original intent of the profit sharing and 3B4 are being now.
We have two grievances related to profit sharing pending. Why is that? The value of the JV settlement was excluded from pay, and the special items accounting grievance. Your management, which you appear to defend has taken several predatory actions when it comes to the current PWA. There is no reason to believe that will not continue.
The future PWA should have statements of intent to avoid the reinterpretation and perpetual fight over what we thought were settled provisions.
Delta management is ruining the Delta culture and trying to blame the pilots. During the 2015 investor day management spoke of integrity and the business principle of keeping its deals. I for one will do what is necessary to assist them which now means grievances and hyper vigilant contract enforcement.
This is their doing. They will reap what they sow.