United sets another record in Q3
 

"Not counting special items, United*(UAL)saw its most profitable quarter in history, earning $1.1 billion or $2.75 per share."

Still not quite to Delta, but getting closer.......



http://www.usatoday.com/story/money/...ofit/17764371/

Doing good!!

Now if they can just implement some sort of service to their product that would be great.

Free Kool-aid and cookies for all!

So, how does that translate into profit sharing money in our pockets????

HaHaHaHa. HoHoHoHo. You make a me laugh.

Two ways: 1) when valuing a career (this is more like a job than a career) you should discount your future earnings by an interest rate commensurate with the riskiness of the employer. In this case that employer is very risky so you'd use a high rate which lowers the present value (PV) of your future income. If the business improves this lowers the discount rate and increases the PV. If you don't think this means anything ask TWA, EAL, PAN AM pilots what they think.

This business is so risky I work a second career.

2) more leverage for the next contract.

I get that and it is a fair point. What I am really asking is can someone take our contractual profit sharing formula, and calculate some estimates for our return on the profits, assuming historical 4th qtr data since we don't have that data yet. I'm at a 3rd grade math level and can't compute it myself :)

How about this; a $1,000 per 100 hours flown.

I've seen rough calculations putting it between 5% and 7% of your 2014 gross income.