4 A321s leased...
01-28-2020 | 07:26 AM
#31
Gets Weekends Off
Joined: Jan 2019
Posts: 377
Likes: 0
This company may be cheap AF but we aren’t going anywhere anytime soon. I think this is more about being butt hurt about the lack of profit sharing that we knew wasn’t coming. It took 80 years for the legacies to negotiate their lucrative contracts (delta and untied; our contract is better than American). We will get there.
01-28-2020 | 07:28 AM
#32
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
I clearly said AA had a much better FORMULA than JB. AA's low payout is a function of their low profit margin, not a poorly designed formula.
AA's formula with JB's profit margin would be a much better payout.
01-28-2020 | 07:35 AM
#33
The REAL Bluedriver
Joined: Sep 2011
Posts: 6,935
Likes: 0
From: Airbus Capt
Don't get me wrong, AA's plan is still quite sub-par.
If JB had AA's plan, which appears to be 5% of pre-tax pool, but no cliff, a JB pilot earning 200k would have received a profit sharing check for the 2019 FY of approximately $4,800.
That's still well below JB's peers, but a whole lot more than $500.
And they achieved the plan outside of negotiations, and during one of the bestest economies ever.
If JB had AA's plan, which appears to be 5% of pre-tax pool, but no cliff, a JB pilot earning 200k would have received a profit sharing check for the 2019 FY of approximately $4,800.
That's still well below JB's peers, but a whole lot more than $500.
And they achieved the plan outside of negotiations, and during one of the bestest economies ever.
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