Thread: LOA vs NASCAR
View Single Post
Old 07-02-2007, 08:01 AM   #1 (permalink)
prezbear
Gets Weekends Off
 
Joined APC: Apr 2006
Position: A300 FO
Posts: 140
Default LOA vs NASCAR

Correct me if I'm wrong, but I heard FedEx spends approximately $43,000,000 on Nascar.

LOA

Housing allowance:......................................$3 2,400/yr ($2700 times 12)

Tax, Shipping, Storage, Airline:........................$7,600/yr

Total Benefit:.......................................... ....$40,000/yr/pilot

Getting screwed by bidding an FDA............................PRICELESS

Currently Subic has 4 aircraft with 1 spare and 80 pilots. The MEC tells us that this LOA is worth about $40,000/yr in "incremental" benefits to our pilots.

HKG 4 aircraft with 1 spare 5 total = 80 pilots

Paris 12 aircraft 1 spare 13 total = 240 pilots

Total pilots in both FDA's = 320 pilots

320 pilots times $40,000/yr = $12,800,000/yr

Multiply by three = $38,400,000

$38 million dollars is still less than we pay for Nascar.
prezbear is offline   Reply With Quote