USXboy
Member
PSA and I belive Piedmont are not paid by completion factor. Becasue these two are wholly owned there is some other magical formula on how they get money but is has never been publicly made available.
I believe they get paid per segment and a few bucks on top of that. PSA/Piedmont can also pull more money from a USAirways reserve account if they need it (such as if they need capital expenditures for the following year, it comes out of Airways budget, not PSA/Piedmont).
I do know that PSA does make a profit.... I have some nice additions to my 401K account that shows "Profit Sharing".