I mean you can ask the FAPA Invest pilots how profit sharing worked out...since they were the only ones who got any...

That was our opportunity...and there it went.

Profit sharing is fun when times are good, other than that, its not much to even consider.

PS check at my regional was $9 once..... $140 another time, then about $250 as my highest.

I would rather take higher pay and better QOL over profit sharing any day.

Agreed!


filler

profit sharing at the larger carriers can be an entire paycheck in excess of $20,000.

that’s an apples to oranges comparison.

Yeah it can be... But it also can not be... These huge checks we have seen the last few years haven't always been happening.

That being said, im not giving anything up for PS and I would rather have higher base pay/overrides/betterQOL still. A company like ours will manipulate books and always show "not enough" for big PS checks.

You're not wrong but do you know what DL’s profit sharing is? It’s 10% of total compensation. I’d much rather have my 10% now then hope for some miracle of being profitable enough for the company to want to give us 10%. Not to mention we are already paid so low even if we did get profit sharing with a lower compensation then the other airlines it wouldn’t look like much.

Pay me now I don’t want to hope for profit sharing to pad my bank account.

Thats wasn’t profit sharing. It was equity in exchange for concessions. That’s why nobody that wasn’t on property got a check. They didn’t take concessions.

Also, Lets remember the reason DL has profit sharing was because the company screwed MANY of their pilots out of their pensions. It isn't some nice thing the company gave them. It was a concession that so happened to work out for them now. Almost 15 years later.

How did Southwest get their profit sharing? Or nearly every other major get PS with the exception of NK and F9.

If everyone else has it you won’t have an industry standard contract until you have it too.

Pattern bargaining for those who never saw bankruptcy. DL attempted to gut it and I believe jb might have given a bit on the % or trigger metrics? We had it and sold it for 4 million. There was a language problem (when indigo took over) where it didn’t apply to anyone not on property. Similar to how cal lost a pension without bankruptcy (pension only for those on property so eventually bargained away). But yes I agree.