$1.7B Q2 Pretax Profit
#11
Sofa, I smell what you're stepping in. Unfortunately dalpa smelled it too, and ran away.
I don't think they're going to pursue your very reasonable interpretation. If you want, email the Contract Administration chairman and enjoy the tap dancing show. Let me know if you can't locate his address.
I don't think they're going to pursue your very reasonable interpretation. If you want, email the Contract Administration chairman and enjoy the tap dancing show. Let me know if you can't locate his address.
#12
That's exactly what I'm asking. The pool of the 20% of profit from 2.5b to previous year has just lost 2/3rds of the recipients due to the new non-con arrangement. What I am asking is for legal clarification on how that 20% of our total profit in that "gray" area is divided up if there is only ONE group that is entitled to it? It appears that the whole value is divided amongst the only remaining group, the pilot group. That would be a BIG egg! Do we need to focus on this? Can we use this? I don't post a lot, but I will when it may be a player. Any post-o-philes have input? Or should I go back to surfing porn?
It's my understanding now that our profit sharing will be determined exactly the same way as in previous years (For the purpose of figuring pilot PS, the non contracts are assumed to have the same calculation we do.) After our PS figure is determined, the company then goes in and figures the noncontract PS based on their new calculation and the rest goes back in the corporations coffers.
Denny
#13
Gets Weekends Off
Joined: Jul 2014
Posts: 429
Likes: 0
IMO our contract defines the profit sharing pool. My opinion doesn't mean doodly squat.....
It's my understanding now that our profit sharing will be determined exactly the same way as in previous years (For the purpose of figuring pilot PS, the non contracts are assumed to have the same calculation we do.) After our PS figure is determined, the company then goes in and figures the noncontract PS based on their new calculation and the rest goes back in the corporations coffers.
Denny
It's my understanding now that our profit sharing will be determined exactly the same way as in previous years (For the purpose of figuring pilot PS, the non contracts are assumed to have the same calculation we do.) After our PS figure is determined, the company then goes in and figures the noncontract PS based on their new calculation and the rest goes back in the corporations coffers.
Denny
#14
Well, legal language is exactly that, and I read the contract on the PS. With as little wording on the way the PS is put aside and allocated, I think that there is very little wiggle room on this. The non-cons get, specifically 10% up to 2.5b and 20% over previous year. I think Delta made this language deliberately to allow false inferences that they'll get 10% of the gray area from 2.5b to the previous year threshold. Of course, when the time comes and they are in an uproar, it'll be too late for them. Our PWA, however, specifically states that 20% over 2.5b of PTIX with no stipulation on other groups. That would mean that the 20% of PTIX goes to the only qualifying group. Why wouldn't DALPA lawyers get the scent of this and run with it? It is, at very least, a bargaining tool/weapon! Our 1.9% pays for that, right? Also, to encourage the DALPA and ALPA team, they should know that 1.9% of that gray area $$ will go to them. Bottom line, I'd rather pay good money for a divorce attorney than wait until I have to pay little money for the defense attorney when they find the body.
#15
Bye Bye Maddog!
Joined: Apr 2008
Posts: 560
Likes: 0
From: Movin' On UP........
IF....our "share" increased on the backs of the "non-cons", I don't think I'd EVER ask for a cup of coffee again.....or ice, or......
Doesn't make rational sense either....no way momma Deltah would give more to US! We ain't shizzle..
Just sayin'
Doesn't make rational sense either....no way momma Deltah would give more to US! We ain't shizzle..
Just sayin'
#16
Gets Weekends Off
Joined: May 2015
Posts: 2,960
Likes: 0
From: Power top
Don't drink hot fluids from styrofoam. Plus you don't know what the stir it with.
#17
Agreed on both points; however, legal terms are indeed "LEGAL TERMS." I'm not trying to pedestal our group over the others, but I don't think they see it coming. Furthermore, Her Majesty Deltah may not have really understood the ramifications of the self-financing of the non-cons' pay raises. Worth looking at with some attorneys? BTW, I'm one of the FOs that buys drinks and dinner for the FAs on layovers...I understand the disparity. I would like, however, that some others take this "loophole" as a bargaining tool, or just cash it in and buy more drinks and dinner. Could be the egg or the goose...prove me wrong.
#18
Agreed on both points; however, legal terms are indeed "LEGAL TERMS." I'm not trying to pedestal our group over the others, but I don't think they see it coming. Furthermore, Her Majesty Deltah may not have really understood the ramifications of the self-financing of the non-cons' pay raises. Worth looking at with some attorneys? BTW, I'm one of the FOs that buys drinks and dinner for the FAs on layovers...I understand the disparity. I would like, however, that some others take this "loophole" as a bargaining tool, or just cash it in and buy more drinks and dinner. Could be the egg or the goose...prove me wrong.
#19
Straight QOL, homie
Joined: Feb 2012
Posts: 4,202
Likes: 1
From: Record-Shattering Profit Facilitator
How long you been here? Management fully understands the ramifications of all the stuff they do. They have lawyers tripping over each other parsing everything before they put it out. There is no loophole. And if there were, the company's lawyers would successfully close it in the face of ALPA lawyers.
#20
Gets Weekends Off
Joined: Oct 2010
Posts: 922
Likes: 0
From: Decoupled
SOFA, I don't know the answer to your question. My opinion doesn't matter, but I think you may be right. It is my guess that DALPA can't do anything about this question until 2016 PS is distributed in February 2017. As of right now, there is nothing to grieve. Once PS is distributed, we are harmed and can seek redress. We have to have real damages, not theoretical damages. You can't be proactive about it.
Given that most of DALPA's resources and attention is on current negotiations, I think this issue is on the back burner and the stove is turned off. Hopefully, we will have settled the contract by then and we can pursue this further after February.
Given that most of DALPA's resources and attention is on current negotiations, I think this issue is on the back burner and the stove is turned off. Hopefully, we will have settled the contract by then and we can pursue this further after February.
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