Originally Posted by
sailingfun
Keep in mind that the Southwest compensation package came only because of the Delta and United contracts. In fact the SW pay rate that resulted from those two contracts was still 45 dollars an hour lower then those contracts paid on like equipment. That rate was around 190 an hour at SW and 235 an hour at others. In the last 10 years at SW that rate has only improved about a bit over 10 percent or less then 1 percent a year. Considering SW fuel hedging and overall profit margin being industry leading I am not sure that is a huge accomplishment. Lets hope now that most airlines are no longer under the treat of Chapter 11 or liquidation we can see much greater gains in the next 10 years.
I certainly wish you all the best. It is in all of our best interests.