Hmmmm. profit sharing, let's review the numbers. The first 2.5B is 10% for all employees= $250M, that's unchanged.
The only change is between $2.5B and $6B in PTIX. IOW $3.5B ($6B trigger) pays employees 10%= $350M, which is half of what it would be absent this agreement. Pilots comprise about 1/3rd of the pay roll, so $350M/3= $117m in lost profit sharing for the pilots.
Anything above $6B remains the same.
OTOH, the new contract adds about $1.1-$1.4 billion in solid gains above all the concessions on the books, including profit sharing. Last time I looked there were more zeros in a billion, than a million. But let's look at the cost of delaying ratification over time.
What is the impact of delay on monthly pilot salary?
Initial estimated impact is:
Approximately $500k per day (first 6 months)
Approximately $23.6M per month (first 18 months)
Longer term
$1.3 Billion by end of 2018
But not to worry, airlines don't typically spend 2-3 years in mediation, right?
Just ask a pilot at SWA, FDX, UPS, UAL, or AA.
FDJ2
This TA is terrifyingly BAD... Have you read thru Secction 14???? That is scary bad and there is not a single reason in this world to give up anything. The whole contract is concessionary. Even the pay rates are concessionary since they are being payed for by a reduction in PS.
Sorry, but are you really that dumb??? Are you blinded by pay rates and promises on shiny new planes?? Those planes are coming whether we vote for this POS TA or not. Grow some self respect dude. The company has disrespecfully OVERREACHED here!!! VOTE NO!!!!!!