Originally Posted by
RunFast
Stole the above from Elvis on another thread. Isn't our restoration quest, I think FTB said it's about 750m/yr, about the same as what AMR is behind in the industry? I think we are in a different place than AMR, and I don't think 800m/yr would put us at 31% labor costs. It just struck me, because this could be bad for us going forward.
The number I came up with were if you put our DC9 rates equal to SWA rates (I was assuming that SWA would keep the 717s at same pay and on property for that matter) and adjusted the rest of the fleet according to the % difference now. So adjusted for the difference in min reserve pay and by an average September ALV the difference was about $720M. After benefits and medical I assume that number could approach $935M based on 30% above flight pay taxes and 401ks and other mumbojumbo and $6K/pilot for medical).
All assumptions based only on the 10,700ish pilots flying the line and not NBC or off line.
You'd basically take A's current flight pay average of $169K/yr and FO's $118k/yr and knock them up to $245k and $178k respectively.
So a $76K/$60K pay raise all things being equal and most importantly
accurate
.