Some of the profit sharing is being converted to base pay. It is not hard to figure out.
DL pilots - and likely other employees - will gain a pay increase plus convert some of the PS pay which was paid only once per year except for the past year with two payouts to regular paychecks.
When fronline employees start receiving nearly 20% of their pay in profit sharing and bonuses and they have been receiving profit sharing for multiple years, the vast majority of people want that money on a regular basis.
DL is REDUCING the amount of PROFIT SHARING on a yearly basis and INCREASING BASE PAY on a regular basis.
what Cranky and notebody else is willing to admit is that DL is giving pay raises along with reductions to the profit sharing. DL is increasing pilot pay by 6% at the same time it is reducing the PROFIT SHARING threshold by a lesser amount.
and what a whole lot of people here can't or wn't admit is that DL's rate of compensation was higher than any other airline's before this TA and will continue to be.
other airlines such as AA don't even believe in profit sharing and it won't be a part of JCBAs. Even perennially profitable WN is not paying out profit sharing as high as DL employees will get even under the reduced PS levels - and DL employees are actually getting compensation increases of more than 3% per year while WN's major employee groups ALL are parked in stalled negotiations.
Your attempts at trying to tear apart what DL is doing with compensation is only a not very veiled attempt to hide that DL continues to be providing its employees faster rates of compensation than employees at any other US airline and DL employees are quickly closing the gap with WN employees who have been the industry's highest paid employees while DL employees have handedly blown past AA and UA employees.
save your hot air and get the pay raises that would actually close the gap with DL's compensation levels instead of come here to attack what DL is actually providing.
the aircraft specific part of the deal is being discussed in a separate thread so it is worth keeping those comments there other than to note that some vocal pilots want to keep arguing that DL's narrowbody orders have been for replacement, not growth even beyond the 717s which were clearly earmarked from the beginning as small RJ replacement.
DL has now ordered 140 737-900ERs and, what, 45 A321s on top of the M90s and yet some people keep arguing that it is all just replacement even though DL has not parked and doesn't plan to park anywhere close to 250 narrowbody aircraft, esp. given that the 321s and 739s are as large as the 757s in terms of seats and the pay rates under the new contract are higher than the 757s under the old contract.
The narrowbody fleet at DL is growing even if the 717s and E190s are taken out of the picture since they are most directly tied to reduced size of the DCI carriers - which is still benefitting DL employees.