Historical pay
02-02-2016, 05:34 AM
#21
Gets Weekends Off
Joined APC: Dec 2012
Posts: 610
I am no expert on inflation, but it does seem a little unrealistic to index to that all the time.
I mean a Cadilac now has A/C blowing through the seats, a 70's Cadilac built brand new today would be much cheaper to build than a 2016 Cadilac. So the cost increase inflation uses is also product improvement. I use to hear it form older guys all the time how much more building a house cost and they were for forgetting the 20k house built in the 60's didn't have 12' ceilings, granite countertops, central A/C, post tension cables in the slab etc etc. A 60's house built identical would be much cheaper and a true reflection of inflation.
I mean a Cadilac now has A/C blowing through the seats, a 70's Cadilac built brand new today would be much cheaper to build than a 2016 Cadilac. So the cost increase inflation uses is also product improvement. I use to hear it form older guys all the time how much more building a house cost and they were for forgetting the 20k house built in the 60's didn't have 12' ceilings, granite countertops, central A/C, post tension cables in the slab etc etc. A 60's house built identical would be much cheaper and a true reflection of inflation.
02-02-2016, 01:14 PM
#22
:-)
Joined APC: Feb 2007
Posts: 7,339
You need to look at historical pay as a percentage of revenue, otherwise you won't know how much the company is stealing from you. Historically, pilot pay was 10-15% or revenue, today, at companies like Delta, pay is 3-4% of revenue. Thus, pay has to go up around 500% for you to be making a fair wage that has been with most pilots through the decades. In comparison, top executive pay is up 4000+% over the same time period.
02-02-2016, 05:25 PM
#23
Gets Weekends Off
Joined APC: Mar 2014
Posts: 473
Originally Posted by Waitingformins
I am no expert on inflation, but it does seem a little unrealistic to index to that all the time.
I mean a Cadilac now has A/C blowing through the seats, a 70's Cadilac built brand new today would be much cheaper to build than a 2016 Cadilac. So the cost increase inflation uses is also product improvement. I use to hear it form older guys all the time how much more building a house cost and they were for forgetting the 20k house built in the 60's didn't have 12' ceilings, granite countertops, central A/C, post tension cables in the slab etc etc. A 60's house built identical would be much cheaper and a true reflection of inflation.
I mean a Cadilac now has A/C blowing through the seats, a 70's Cadilac built brand new today would be much cheaper to build than a 2016 Cadilac. So the cost increase inflation uses is also product improvement. I use to hear it form older guys all the time how much more building a house cost and they were for forgetting the 20k house built in the 60's didn't have 12' ceilings, granite countertops, central A/C, post tension cables in the slab etc etc. A 60's house built identical would be much cheaper and a true reflection of inflation.
02-07-2016, 07:06 AM
#26
Gets Weekends Off
Joined APC: Mar 2008
Position: Airbus F/O
Posts: 333
Originally Posted by Gone Flying
Does anyone know what the pay/work rules/schedules were for some of the majors before deregulation?
02-07-2016, 07:41 AM
#27
Living the Dream
Joined APC: Sep 2013
Posts: 1,795
Originally Posted by John Carr
Forgive the formatting. UAL C2000...
...At contract's end 2004 IIRC/max rates each seat;
737-200 FO-154.75 CA-226.58
Airbus FO-173.48 CA-253.99
767 FO-180.91 CA-264.87
744 FO-243.03 CA-355.82
...At contract's end 2004 IIRC/max rates each seat;
737-200 FO-154.75 CA-226.58
Airbus FO-173.48 CA-253.99
767 FO-180.91 CA-264.87
744 FO-243.03 CA-355.82
Originally Posted by Mesabah
You need to look at historical pay as a percentage of revenue, otherwise you won't know how much the company is stealing from you. Historically, pilot pay was 10-15% or revenue, today, at companies like Delta, pay is 3-4% of revenue. Thus, pay has to go up around 500% for you to be making a fair wage that has been with most pilots through the decades. In comparison, top executive pay is up 4000+% over the same time period.
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