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Old 07-08-2014, 10:01 AM
  #162161  
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Originally Posted by sinca3
Is this accurate? I was under the impression profit sharing wasn't affected by debt, bills, taxes etc.
Profit sharing is paid as a percentage of pre-tax income.
Here's the definition from our contract:

“Pre-
tax income” (PTIX) means, for any calendar year, the Company’s consolidated pre-tax income calculated in accordance with Generally Accepted Accounting Principles in the United States and as reported in the Company’s public securities filings but excluding: a) all asset write downs related to long term assets, b) gains or losses with respect to employee equity securities, c) gains or losses with respect to extraordinary, one-time or non-recurring events (including without limitation one-time transition or integration costs incurred in connection with the merger of the Company and Northwest Airlines Corporation during the two year period following the merger), and d) expense accrued with respect to the profit sharing plan.

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Old 07-08-2014, 10:09 AM
  #162162  
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August Crew Resources newsletter is out, stating the distinct possibility of a MSP 777 pilot base!

Also future 717 basing is dependent upon demand on the West coast. If demand is high enough, expect a SEA 717 base in lieu of a NYC 717 base.
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Old 07-08-2014, 10:13 AM
  #162163  
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Originally Posted by Starcheck102
Nobody "sold" you anything, you had all the facts about C2012, and made your decision based on those facts.
Is it your assertion that DALPA provided objective, unbiased data on which to base our decisions?
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Old 07-08-2014, 10:30 AM
  #162164  
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Originally Posted by DLpilot
I am fine with getting hard rates instead of profit sharing. However, I do not want this swap to be considered a "raise". Let's say your personal minimum for negotiations is 20% on day 1. Any swap with profit sharing should not be included in that amount. It should be over and above. Don't sell it to me as a "raise" like you did in C2012.
You mean a 6% raise, with a reduction in profit sharing isn't really a 6% raise. Guess I need to pay more attention at roadshows. I kid, I kid
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Old 07-08-2014, 10:34 AM
  #162165  
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Originally Posted by Check Essential
Profit sharing is paid as a percentage of pre-tax income.
Here's the definition from our contract:

“Pre-
tax income” (PTIX) means, for any calendar year, the Company’s consolidated pre-tax income calculated in accordance with Generally Accepted Accounting Principles in the United States and as reported in the Company’s public securities filings but excluding: a) all asset write downs related to long term assets, b) gains or losses with respect to employee equity securities, c) gains or losses with respect to extraordinary, one-time or non-recurring events (including without limitation one-time transition or integration costs incurred in connection with the merger of the Company and Northwest Airlines Corporation during the two year period following the merger), and d) expense accrued with respect to the profit sharing plan.

I'm happy to be wrong about that.
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Old 07-08-2014, 10:34 AM
  #162166  
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Originally Posted by Elvis90
August Crew Resources newsletter is out, stating the distinct possibility of a MSP 777 pilot base!
As well as A330 in NYC.
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Old 07-08-2014, 10:51 AM
  #162167  
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Originally Posted by Elvis90
August Crew Resources newsletter is out, stating the distinct possibility of a MSP 777 pilot base!
Interesting - they say that the B744 base won't be going anywhere but the DTW 777 will be shrinking - implying that the B744 will be taking over their routes as I can't any reduction in the those long-haul routes out of DTW.
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Old 07-08-2014, 10:52 AM
  #162168  
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Originally Posted by Elvis90
August Crew Resources newsletter is out, stating the distinct possibility of a MSP 777 pilot base!

Also future 717 basing is dependent upon demand on the West coast. If demand is high enough, expect a SEA 717 base in lieu of a NYC 717 base.
Good stuff. Hopefully the small NYC categories are played out and they won't be cramming any more cottage cheese into that overstretched bag. Almost nothing but early AM reports and late releases with as close to 100% commuters as you can get is a huge QOL differential between that and a west coast base. Sure would love to see that plane (or any mainline plane) on the Shuttle though, but that doesn't mean it has to be "based" there. Pulling for SEA 717!
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Old 07-08-2014, 11:42 AM
  #162169  
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Do any mainline aircraft operate the Shuttle flying, or is it all E175's?
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Old 07-08-2014, 11:45 AM
  #162170  
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Originally Posted by iaflyer
Interesting - they say that the B744 base won't be going anywhere but the DTW 777 will be shrinking - implying that the B744 will be taking over their routes as I can't any reduction in the those long-haul routes out of DTW.
Correct, both 747 routes out of JFK are being switched to the 777. That frees up several airframes to replace 777 flying in DTW.
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