Profit sharing 2019
10-23-2019, 08:53 PM
#52
Gets Weekends Off
Joined APC: Dec 2016
Posts: 478
Originally Posted by jamesholzhauer
Yeah because that’s the only other option. 🙄
Silly statement, because you cannot. We have what we have because you (the majority, if not you specifically) voted for it. Now let's improve upon it.
10-23-2019, 09:40 PM
#53
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by 360KIAS
Good thing we got a raise instead of counting on PS to pay the bills.
Those rates were replaced with new bottom-of-peerset rates with the CBA. So still not a win. And... JB's peers, who essentially all have higher rates, ALSO have a profit sharing plan that actually pays profit sharing. Actually quite a bit of profit sharing, when their airlines have a profit margin similar to JB's somewhat lofty profit margins.
Do you understand?
10-24-2019, 05:44 PM
#54
On Reserve
Thread Starter
Joined APC: Apr 2008
Posts: 16
Originally Posted by 360KIAS
Good thing we got a raise instead of counting on PS to pay the bills.
With JB having 0.9 billion in profits, I’m sure that PS formula can and should be improved.
10-24-2019, 05:53 PM
#55
Gets Weekends Off
Joined APC: Sep 2006
Posts: 332
Originally Posted by ramtony
Mean while at big D pilots enjoy similar rates plus 17-18% PS. (Don’t tell me to apply there) I like JB.
With JB having 0.9 billion in profits, I’m sure that PS formula can and should be improved.
With JB having 0.9 billion in profits, I’m sure that PS formula can and should be improved.
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
10-24-2019, 06:08 PM
#56
Gets Weekends Off
Joined APC: Mar 2016
Posts: 591
Originally Posted by jtrain609
Delta made $1.5 billion in the third quarter alone. It's not their profit sharing formula that produces results, it's that Delta as a company generates more income than JetBlue.
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
Thanks.
10-24-2019, 06:15 PM
#57
Gets Weekends Off
Joined APC: Oct 2008
Posts: 1,236
Originally Posted by jtrain609
Delta made $1.5 billion in the third quarter alone. It's not their profit sharing formula that produces results, it's that Delta as a company generates more income than JetBlue.
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
We also have a very profitable company but they choose not to share it with the employees.
10-24-2019, 07:24 PM
#59
Gets Weekends Off
Joined APC: Jan 2019
Posts: 357
Originally Posted by jtrain609
On margins, yes.
On total dollars, it doesn't compare.
Total dollars still matter.
On total dollars, it doesn't compare.
Total dollars still matter.
These formulas are based on percentages. Do you understand how those work? Your post can be interpreted as nothing other than an excuse for JB management's deceptive practices.
Do you even understand how any of this works?
10-24-2019, 08:19 PM
#60
The REAL Bluedriver
Joined APC: Sep 2011
Position: Airbus Capt
Posts: 6,881
Originally Posted by jtrain609
Delta made $1.5 billion in the third quarter alone. It's not their profit sharing formula that produces results, it's that Delta as a company generates more income than JetBlue.
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
https://s2.q4cdn.com/181345880/files...ter-Profit.pdf
In 2018 Delta made $10 billion.
https://s2.q4cdn.com/181345880/files...018-Profit.pdf
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