Delta profit sharing as well?

Inflation has eaten away 8% of our purchasing power, and is forecast to continue for the foreseeable future. Remember to subtract that from any "gain" the company throws at us.

Also remember that the retro pay will be counted twice. We’d get a pay raise now and that would be subtracted out of any retro pay.

DAL profit sharing plan would not work for Bluejet as the trigger from 10% to 20% is based upon a dollar amount and converting this to an airline of Jetblue size would be a issue. UAL is margin based and that does not depend upon the size of the enterprise!

I was thinking this too, but doesn’t the spillover now go to VEBA instead of cash?

The 'spill over' is the value of the 16% that is paid on earning above the 'compensation limit'. $290K in 2021 and $305K in 2022. Before this 'compensation' limit is reached the 16% employer contribution is deposited into your 401k. Once the plan limit is reached ($58K in 2021) the 16% is deposited into the VEBA until the $290K compensation limit is reached and then the 16% is added to your pay check as 'cash'.

So Scott Laurence didn’t last long at Delta…..

[QUOTE=PotatoChip;3374693]So Scott Laurence didn’t last long at Delta…..[/https://www.flightglobal.com/strateg...147619.article
any ideas where he is going?

[QUOTE=Climbto450;3374706]Right back here to Big Blue. (Total speculation based on nothing)

[QUOTE=Flyby1206;3374811]I would love that. Go get Delta secrets, come back. Would be awesome and hilarious.

HOw is there nothing leaked about this AIP yet?