Excellent point!

About 17 months ago Jerry was projecting $10B a year in profit for DAL. He used it to quantify the amount of money we'd lose by accepting the TA.

I don't recall seeing "projected" in quotes then. Did you call him out on it?

 

i didn't work here 17 months ago

 

Could it be 13.1 percent? We'll see soon...

 

Doesn't matter. You were on this forum, and most certainly observed the strong opposition to any reductions in the Profit Sharing formula that were in the failed TA.

One of the more entertaining parts of the argument was the absolute certainty that DAL would earn $10B minimum in PTIX over the coming years.

Now I'm seeing comments that remind us that those types of PTIX numbers are merely "projections", and aren't a guarantee.

 

I am confused. The gains from this contract far outweigh the losses by a significant margin. This contract is not concessionary. If this contract passes and you make 150 an hour and as of December first have earned about 800 hours of credit you will get around 20k in retro. Then on January you will get another 3 percent raise so on Jan first you're pay rate will be about 183. Now if the contract gets voted down in April of 2017 you will go up 6 percent and your pay rate will be 159. This means you will be losing every hour and every day of work. This loss needs to be measured against future gains. I honestly don't believe the next contract will make you whole given the numbers. Take a long hard look at the concessions and see if you really they think they are so significant that you can give up all the money.

 

Yeah, but that damned sick note.

The company's gonna force me to fly sick.

 

Because some guys just want to "show 'em!"

 

what's the chitchat address?

 

c/o Debbie Downer
321 Depression Dr
Misery, ME 04101

 

Oh come on, they are not nearly as upbeat as your address suggests!