Comair updates?
09-26-2008 | 02:02 PM
#8382
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Joined: Jan 2008
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From: blueJet
Question on profit sharing...
If we make all our D05, A14, completion, baggage, etc. targets BUT Comair shows zero profit, do we get profit sharing?
If we fail to meet D05, A14, baggage, etc. BUT Comair shows a 10% profit, do we get profit sharing?
Anyone know the truth?
If we make all our D05, A14, completion, baggage, etc. targets BUT Comair shows zero profit, do we get profit sharing?
If we fail to meet D05, A14, baggage, etc. BUT Comair shows a 10% profit, do we get profit sharing?
Anyone know the truth?
09-26-2008 | 03:02 PM
#8383
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Joined: Jan 2007
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From: CRJ2, ATR, CRJ7, E145, 737
our profit sharing is based on Comair's "take home' if you will
09-26-2008 | 03:17 PM
#8384
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From: blueJet
There was one a couple months ago that said if we had something like six more on-time arrivals that quarter, we would have gotten more profit sharing.
I figure the memos were malarky.
09-26-2008 | 03:41 PM
#8386
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From: CRJ2, ATR, CRJ7, E145, 737
That's the way I read it, but we get these memos urging us to "improve our on-time performance to trigger the next level of bonuses", etc.
There was one a couple months ago that said if we had something like six more on-time arrivals that quarter, we would have gotten more profit sharing.
I figure the memos were malarky.
There was one a couple months ago that said if we had something like six more on-time arrivals that quarter, we would have gotten more profit sharing.
I figure the memos were malarky.
No, that's correct..Delta pays Comair based on those completion factors and performance factors. So our "profits" are higher, when we meet those.
09-26-2008 | 03:50 PM
#8387
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From: Aeroplanes
Sure, that's exactly correct.....only nevermind the very detailed emails they send out every quarter that break down every detail of the profit sharing (revenue, tax, expense, profit percentage, etc).
09-26-2008 | 04:04 PM
#8388
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From: CRJ2, ATR, CRJ7, E145, 737
09-26-2008 | 05:31 PM
#8389
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As Comair is a wholly owned entity of Delta, Comair's profitability is completely controlled by how profitable Delta needs Comair to be. There's a serious flaw with putting any amount of faith in the accuracy of numbers presented as "profit" or "expenses" in a corporate structure such as ours.
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