luvthe9
Veteran
- Aug 30, 2002
- 9,464
- 14,119
I hope your right and things work out, but I believe we could have done better if we had more unity here.,Hey Luv, not picking on you, I was just thinking about your profit sharing reference:
I saw your post and kept thinking about what you fear, that being in a few years the New AMR has a yearly profit of, say 2B, and how you won't get a "piece." Let me say first that our best chances for improving our lot lie in working for a successful company. Unlike you, I see no downside to the Company being wildly successful.
Delta got a new contract early. In doing so they gave DL some more Scope relief (and by relief they actually brought almost 20% of their regional flying in house) and gave up profit sharing for hourly raises. The APA did the same thing, I believe we got some percentage raises earlier in that "trade."
As to a "2B" yearly profit figure, little ol' US Airways just had a yearly profit of $637M (.64B!) Under our current contract, I got $4907, and took home about 3K. And that profit was only divided for 5000 or so pilots, not over 11 or 12K at the New AMR.
Last year included our biggest quarterly profit ever, and I took home 3K. I would get the same moneys from an hourly raise of $5 flying 85 hours. And I would get it each and every year, even the ones where a profit is not shown. Based on the history of this industry I personally prefer the bird in hand. Is that not win/win? I guess if you glass is half empty it never will be.
Not even counting the JNC process, I think there will be opportunities to reopen our contract. Not sure when, but new hire pay is going to have to go up eventually, and when they need it to go up, they will have to come to us. Same for some of the new programs on the horizon, such as bringing guys on the property who cannot even fly. And I also think Parker is coming back for changes in Scope. Our guys actually did pretty well considering what they were up against (being left out of most of the process.) Parker did NOT get what HE wanted. Look, I may be off on all my predictions, but I just don't see this airline, and industry being static. As we finally see a profitable industry, management is going be willing to share if it can get them even bigger profits. That will require no more leverage than simply good negotiations. Again, look at Delta. They plan on making tons of more moneys, and were willing to talk early to move on.
So bring it on, big profits. In less than 3 years my compensation will hopefully exceed .25M. They are going to need them to keep paying me (and stop with the testicle evaluations, we are in a much better place now than February 7th.)
Greeter