AAG extends profit sharing to Wholly Owned
03-23-2016 | 04:46 PM
#22
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5% of 7.6 Billion = 380 Million.
380 Million divided by 110,000 employee's = $3454.55
Many pilots will likely receive a larger share due to higher annual earnings (of course this is assuming another profitable year similar to 2015). Your numbers could be accurate if 2016 profits are down around -79% from 2015.
03-23-2016 | 04:54 PM
#24
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You guys need to work on your math. Using 2015 numbers:
5% of 7.6 Billion = 380 Million.
380 Million divided by 110,000 employee's = $3454.55
Pilots will likely receive a larger share due to higher annual earnings (of course this is assuming another profitable year similar to 2015). Your numbers could be accurate if 2016 profits are down around -79% from 2015.
5% of 7.6 Billion = 380 Million.
380 Million divided by 110,000 employee's = $3454.55
Pilots will likely receive a larger share due to higher annual earnings (of course this is assuming another profitable year similar to 2015). Your numbers could be accurate if 2016 profits are down around -79% from 2015.
That's some pretty impressive optimism.
03-23-2016 | 04:56 PM
#25
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From: Downward-Facing Dog Pose
03-23-2016 | 04:57 PM
#26
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Nowhere did I say a regional FO would get more than a 777 Captain. Obviously they will get a larger piece due to higher annual earnings. I'm comparing pilot groups to the agents, baggage handlers, FA's, secretaries, office workers, and all the many thousands of people/groups working here making quite a bit less money.
03-23-2016 | 05:06 PM
#27
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To correctly calculate the percentage each employee will receive in profit sharing checks, you need to add up all the salaries of all employees eligible for profit sharing and use a formula which includes the 5% of AA's pretax income being offered.
03-23-2016 | 05:15 PM
#28
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No. Of course not. What I meant was many Regional Captains, some FO's and all the Mainline pilots, (as I said in the earlier post) will likely receive more than the mean number.
Nowhere did I say a regional FO would get more than a 777 Captain. Obviously they will get a larger piece due to higher annual earnings. I'm comparing pilot groups to the agents, baggage handlers, FA's, secretaries, office workers, and all the many thousands of people/groups working here making quite a bit less money.
Nowhere did I say a regional FO would get more than a 777 Captain. Obviously they will get a larger piece due to higher annual earnings. I'm comparing pilot groups to the agents, baggage handlers, FA's, secretaries, office workers, and all the many thousands of people/groups working here making quite a bit less money.
03-23-2016 | 05:29 PM
#29
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