B6 Profit Sharing

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Quote: The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.

Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care.

Fly the FOM and FARs. It’s the only thing you can do.
I always two engine taxi for safety reasons. And for passenger comfort the apu is on every turn.
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Quote: The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.

Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care.

Fly the FOM and FARs. It’s the only thing you can do.
This. JB couldn’t care less about their product and couldn’t care less about their employees. It is such a stark difference with America’s most successful airline currently.
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I mean they did just raise their bag fee to 40 a bag. They don’t care at all.
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Quote: The point of profit sharing, from the management side, is getting employee buy-in. It’s something that they pay for, something they purchase. If Delta decided they were done with that model tomorrow, they have 1000 accountants ready to hide the profits from their own formula in a perfectly legal way.

Your anger may be misdirected, in this instance. Jetblue management doesn’t care about your buy-in, and your union can’t make them care.

Fly the FOM and FARs. It’s the only thing you can do.
Bingo. This was a "leadership" decision, and there was no amount of union feet stomping that was going to change it.

The pilot group could have voted the CBA down, but that was NEVER going to happen on the first CBA and even if the pilots had voted it down, I would bet my house that profit sharing wouldn't have been one of the things "leadership" would have been willing to revisit, for pure political/optical reasons.
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Happy Profit Sharing day!
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Quote: Happy Profit Sharing day!
you mean NOT Sharing Day....

don blue gloves
do standups
SET
hang around and say goodbye
preserve the culture

Sure. Ok. Message received.
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Quote: We got a passion email. I had a dream that I paid off my wife's car with it then took her to Europe.
You guys don't get any PS, nothing at all? What does the email say for this year?
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Quote: You guys don't get any PS, nothing at all? What does the email say for this year?
It says we don’t get profit sharing.
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Quote: You guys don't get any PS, nothing at all? What does the email say for this year?
Mgmt has continually changed the PS formula over the years to make sure it stays de minimus. We had decent payouts in 2015-16 and then mgmt changed the formula again to ensure that wouldn't happen any longer.

Historic JB profit sharing payouts:

2005: 0%
2006: 0.69%
2007: 0%
2008: 0%
2009: 0%
2010: 0.02%
2011: 0%
2012: 0.42%
2013: 1.59%
2014: 3.02%
2015: 15.87
2016: 16.35%
2017: 1.9%
2018: 0.2%
2019: 0%
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Quote: Mgmt has continually changed the PS formula over the years to make sure it stays de minimus. We had decent payouts in 2015-16 and then mgmt changed the formula again to ensure that wouldn't happen any longer.

Historic JB profit sharing payouts:

2005: 0%
2006: 0.69%
2007: 0%
2008: 0%
2009: 0%
2010: 0.02%
2011: 0%
2012: 0.42%
2013: 1.59%
2014: 3.02%
2015: 15.87
2016: 16.35%
2017: 1.9%
2018: 0.2%
2019: 0%
Because Values.
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