Profit sharing is a form of gambling over having direct wages that are concrete and guaranteed. It's a form of "deferred" or "possible" compensation that is only triggered IF the company earns a profit and triggers the payout. Bills aren't paid through possibilities and you also can't apply for a loan for anything based on informing the lender "Well I get PS at the end of the year and I THINK it's going to be this much"
Do I THINK the airlines are going to be profitable for many years to come? YES! But we also know looking at this Ebola Crapola, Russia invading the Ukraine and a softening of the economies in Europe, Japan and China. Not to mention issues with Venezuela and now Argentina that global issues do put a crimp on profits and can even possibly grind them to a complete halt.
Touting up the benefits of possibilities over absolutes is irresponsible and quite frankly foolish economically. Your personal finances aren't something that should be thrown to a Roulette wheel no matter how good the odds.
Doug Parker has said he's not a fan of PS in contracts but he also said if that's really what the Unions want then OK. It was the APFA that ultimately "CHOSE" to forgo it for direct wages and benefits to their contract and I agree with that decision and hope my negotiators do too.
I want my company to keep it's profits. They can use it to pay down debt, make capital improvements and reward shareholders (Which I'm also one) Profits should be used to strengthen the foundation of the company and have assets for the next rainy day that always comes. If they do this and the foundation is strong then there is more money in the future till for me to ask for more in the next round of negotiations.
I played the Lotto yesterday for the first time in maybe 6 months. $3.00 Quick Pick. Guess how I did? But playing the Lotto again was my "CHOICE"