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Old 03-06-2019, 05:05 PM
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Default Profit Sharing
Profit Sharing is up...seems smaller each year.
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Old 03-06-2019, 05:25 PM
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It's 1.4%, down from 2% from last year. At some point the shareholders will force the CEO out.
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Old 03-06-2019, 05:30 PM
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Originally Posted by Jamesthunder View Post
It's 1.4%, down from 2% from last year. At some point the shareholders will force the CEO out.
Are you getting dividends and profit sharing mixed up?
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Old 03-06-2019, 08:40 PM
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What’s the difference in profit sharing from Envoy to AA mainline? Buddy of mine showed me his profit sharing from mainline and it was seriously disappointing. You’d think that mainline would get more than $1500.
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Old 03-06-2019, 11:00 PM
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Originally Posted by dera View Post
Are you getting dividends and profit sharing mixed up?
No, if you search profit sharing in jetnet there are articles referring to this year and last year. The article for 2017 says 2%, this year's says 1.4%.

Hell if you want to talk dividends, AAL has a yield of 1.2%. $0.10 per quarter, you can find some much better places to put your money than AAL. No growth to the dividend, share price has lost 40% in the last year without the recovery seen in other legacy carriers. DAL down 7% in the last year, UAL up 26% in the last year.

The CEO will answer to the share holders at some point if the operation can't churn butter.
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Old 03-06-2019, 11:05 PM
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Originally Posted by SoFloFlyer View Post
What’s the difference in profit sharing from Envoy to AA mainline? Buddy of mine showed me his profit sharing from mainline and it was seriously disappointing. You’d think that mainline would get more than $1500.
According to the profit sharing article, it's 1.4% across the company. Assuming he made around 150-170k, that's about what it would be after taxes, union dues and 401k.

Different companies pay different amounts, I hear stories about Delta guys getting 60K.
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Old 03-08-2019, 07:23 PM
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Originally Posted by Jamesthunder View Post
According to the profit sharing article, it's 1.4% across the company. Assuming he made around 150-170k, that's about what it would be after taxes, union dues and 401k.

Different companies pay different amounts, I hear stories about Delta guys getting 60K.
Sounds like Delta is the place to be
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Old 03-09-2019, 04:54 AM
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Originally Posted by SoFloFlyer View Post
Sounds like Delta is the place to be
I am not going to complain about free money, but AA has some of the lowest profit sharing out there. Delta has an amazing system.
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Old 03-09-2019, 12:49 PM
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Originally Posted by SoFloFlyer View Post
Sounds like Delta is the place to be
AA is a scary place right now, a very underwhelming contract, and profit sharing. Increasing debt with shrinking profits, Plus a shrinking airline ( go read the August vacancy thread over on AA thread)
I don't have high hopes for their upcoming negotiations either.
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Old 03-09-2019, 02:42 PM
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Originally Posted by wiz5422 View Post
AA is a scary place right now, a very underwhelming contract, and profit sharing. Increasing debt with shrinking profits, Plus a shrinking airline ( go read the August vacancy thread over on AA thread)
I don't have high hopes for their upcoming negotiations either.
You’d think that mass retirements would at least protect pilots on property from the worse case scenario, a furlough.. so maybe there’s that?
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