Profit Sharing: how much and when?
01-15-2019, 07:50 PM
#62
Banned
Joined APC: Mar 2018
Posts: 1,358
Last year had rising fuel prices, aircraft orders and deliveries, and major storms such as Harvey that cost a bunch of money. I’m grateful for what we have. When the economic cycle heads south again we won’t see anything until the recovery. Either way, it is a negotiated rate that won’t change until we get a new contract someday. My pessimistic guess is somewhere around 2021ish.
01-15-2019, 09:08 PM
#63
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Joined APC: Oct 2005
Position: Trying not to crash
Posts: 1,260
Last year had rising fuel prices, aircraft orders and deliveries, and major storms such as Harvey that cost a bunch of money. I’m grateful for what we have. When the economic cycle heads south again we won’t see anything until the recovery. Either way, it is a negotiated rate that won’t change until we get a new contract someday. My pessimistic guess is somewhere around 2021ish.
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01-16-2019, 05:48 AM
#66
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Joined APC: Oct 2005
Position: Trying not to crash
Posts: 1,260
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01-16-2019, 10:12 AM
#67
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Joined APC: May 2014
Position: Tom’s Whipping boy.
Posts: 1,182
01-16-2019, 10:14 AM
#68
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Joined APC: Apr 2008
Position: Sleeping in the black swan’s nest.
Posts: 5,726
01-16-2019, 10:32 AM
#69
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Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
The time to get a bigger slice of profit sharing is when there's no profits to share. That's when the company will give us a lot of profit sharing for a pittance.
As for stock/options, I can buy that crap on the open market. Let's not be collective Dubinskys and buy into another dumb ESOP and board seats.
