2018 PS Wag
#11
Gets Weekends Off
Joined: Oct 2010
Posts: 335
Likes: 0
From: 737 capt
Profit sharing was higher when Obama was in office...just saying.😎
#14
#15
Banned
Joined: Jun 2013
Posts: 234
Likes: 0
Also, ISIS was daily news murdering anyone insight. They are essentially gone now. Obama handled them well 🧐. Trump’s varsity team came in and destroyed that JV team in less than a year. Obama couldn’t touch them in 8 years. Unemployment at all time low in 50 years, 401k’s rocketing, paychecks higher than they have been. Yeah...Obama. 😏
#16
Gets Weekends Off
Joined: May 2010
Posts: 213
Likes: 0
From: Awa(k3rE3
This is why on the contract survey I advocated for a straight PS % at a higher rate vs. a kicker after 10% profit margin...we rarely get there.
Sent from my SM-G930V using Tapatalk
Sent from my SM-G930V using Tapatalk
#17
Didn't look hard enough.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
#18
Line Holder
Joined: Apr 2010
Posts: 740
Likes: 19
What’s the relationship between this quarterly set-aside and actual earnings? Can they underfund and then boost it Q4?
Didn't look hard enough.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
#19
Gets Weekends Off
Joined: Apr 2015
Posts: 491
Likes: 0
Didn't look hard enough.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
Found it on the 8k. $252 mil in profit sharing so far for 2018 as compared to $304 mil at the end of Q3 last year. Down $52 mil.
page 9 here: https://www.sec.gov/Archives/edgar/d...018erex991.htm
Delta on the other hand is up $81 mil from $314 to $395 mil. What the heck??? I totally don't understand how we grow revenue and keep costs inline and increase profit, but our PS goes down while Delta grows rev less, has more cost increase, and sees PS go up.
I know pilots tend to only look at the difference and make a big deal about it, but I’d rather be here than there, all other things being equal. Especially with 23 787s coming in the next 2 years plus everything else being delivered.
#20
So yes, they get more profit sharing, but we do twice as much WB flying, since 49% of their WB international flying is sent to their JV partners per their own pilot contract! I wouldn’t give up 2,000 WB jobs for another $20k in profit sharing. Its not worth it. Those jobs pay much more than $20k a year plus the movement they create.
I know pilots tend to only look at the difference and make a big deal about it, but I’d rather be here than there, all other things being equal. Especially with 23 787s coming in the next 2 years plus everything else being delivered.
I know pilots tend to only look at the difference and make a big deal about it, but I’d rather be here than there, all other things being equal. Especially with 23 787s coming in the next 2 years plus everything else being delivered.
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