their 2015 profit was 8.1B so 405M in profit sharing, spread out over 110k employees, so assuming everyone got equal, $3,681.82 per person
guess it's better than nothing.
point being, it's not very much, but it's certainly better than 0%Assuming everyone gets equal... That's a helluvan assumption. We'll just have to wait to see the details I guess.
I'd like to see it calculated as everyone getting the same amount, personally. We all need to pull, ramp guys throwing bags or pilots SE taxing, it aligns us all.According to Doug and Scott's letter, they can't do this without each individual unions approval.
There might be a hang up in how the profit sharing is calculated, but I am willing to bet that each union will approve. Especially since it is outside negotiations.
I'd love to see 5% of employee earnings for the year (especially for the union groups), but something tells me it will be simply divided across the board for every employee. Time will tell and the devil is in the details.
He's never going to live that down, ever. He shouldn't either. He should have quit his road shows after that.Much better than hearing this one:
“It’s just not the right way to pay 100,000 employees that don’t have that much impact on the daily profits.” Doug Parker
I'd like to see it calculated as everyone getting the same amount, personally. We all need to pull, ramp guys throwing bags or pilots SE taxing, it aligns us all.
I'm actually surprised they are giving it to the WO's.
Much better than hearing this one:
“It’s just not the right way to pay 100,000 employees that don’t have that much impact on the daily profits.” Doug Parker
Who is advising against applying at American?
The alternative for me was doing 90 hour months at my old commuter, 4 legs a day average, 18 days a month. 860+ legs a year barely cracking six figures. Dealing with multiple MELs and equipment that has been pushed past its working prime. Oh let's not forget the commuter terminal "help".It's pretty bad when airline interview prep companies are steering their clients away from applying to AA due to the negative atmosphere/ culture at the company.
This is a much needed, albeit small, step in the right direction. The WOs need a major pay boost to recruit for the flow, and much better pay and QOL for pilots this next TA to make the company competitive with their counterparts.
For $500 I can tell you.
Who is advising against applying at American? If I were a regional pilot, I'd have an application in.